Common use of Capitalized Expenditures Clause in Contracts

Capitalized Expenditures. Make Capitalized Expenditures in excess of $500,000 in the aggregate in any fiscal year of Borrower.

Appears in 4 contracts

Sources: Loan and Security Agreement (Cirius Therapeutics, Inc.), Loan and Security Agreement (Cirius Therapeutics, Inc.), Loan and Security Agreement (Liquidia Technologies Inc)

Capitalized Expenditures. Make Capitalized Expenditures in excess of Forty Million Dollars ($500,000 40,000,000) in the aggregate in any during each fiscal year of Borrower.

Appears in 4 contracts

Sources: Loan and Security Agreement (Precision Biosciences Inc), Loan and Security Agreement (Precision Biosciences Inc), Loan and Security Agreement (Precision Biosciences Inc)