Projected Capital Expenditure Amount

Projected Capital Expenditure Amount. Means (a) if the Closing Date is prior to May 11, 2003, an amount equal to $3,478,000 plus (i) a fraction, the numerator of which is the number of days between April 13, 2003 and the Closing Date and the denominator of which is 28 multiplied by (ii) $931,000, (b) if the Closing Date is on or after May 11, 2003 but prior to June 8, 2003, an amount equal to $4,409,000 plus (i) a fraction, the numerator of which is the number of days between May 11, 2003 and the Closing Date and the denominator of... which is 28 multiplied by (ii) $2,002,000 and (c) if the Closing Date is on or after June 8, 2003, $6,411,000. View More