Common use of Capital Lease Obligations Clause in Contracts

Capital Lease Obligations. All obligations of the Companies to pay rent or other amounts under a lease of (or other agreement conveying the right to use) property (real, personal or mixed) to the extent such obligations are required to be classified and accounted for as a capital lease on any such Company's balance sheet under GAAP, and, for purposes of this Agreement, the amount of such obligations shall be the capitalized amount thereof, determined in accordance with GAAP.

Appears in 3 contracts

Samples: Credit Agreement (Pegasus Communications Corp), Credit Agreement (Pegasus Communications Corp), 364 Day Credit Agreement (Pegasus Communications Corp /)

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Capital Lease Obligations. All all obligations of the Companies a Person to pay rent or other amounts under a lease of (or other agreement conveying the right to use) property (real, personal or mixed) to the extent such obligations are required to be classified and accounted for as a capital lease on any such Company's Person’s balance sheet under GAAP, and, for purposes of this Agreement, the amount of such obligations shall be the capitalized amount thereof, determined in accordance with GAAP.

Appears in 2 contracts

Samples: Credit Agreement (Coconut Palm Acquisition Corp.), Credit Agreement (Coconut Palm Acquisition Corp.)

Capital Lease Obligations. All obligations of the Operating Companies to pay rent or other amounts under a lease of (or other agreement conveying the right to use) property (real, personal or mixed) to the extent such obligations are required to be classified and accounted for as a capital lease on any such Operating Company's balance sheet under GAAP, and, for purposes of this Agreement, the amount of such obligations shall be the capitalized amount thereof, determined in accordance with GAAP.

Appears in 1 contract

Samples: Term Loan Agreement (Pegasus Satellite Communications Inc)

Capital Lease Obligations. All obligations of the Companies Borrower and the Restricted Subsidiaries to pay rent or other amounts under a lease of (or other agreement conveying the right to use) property (real, personal or mixed) to the extent such obligations are required to be classified and accounted for as a capital lease on any such Company's balance sheet under GAAP, and, for purposes of this Agreement, the amount of such obligations shall be the capitalized amount thereof, determined in accordance with GAAP.

Appears in 1 contract

Samples: Credit Agreement (Pegasus Communications Corp)

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Capital Lease Obligations. All obligations of the Companies Companies' to pay rent ------------------------- or other amounts under a lease of (or other agreement conveying the right to use) property (real, personal or mixed) to the extent such obligations are required to be classified and accounted for as a capital lease Capital Lease on any such Companythe Borrower's balance sheet under GAAP, and, for purposes of this Agreement, the amount of such obligations shall be the capitalized amount thereof, determined in accordance with GAAP.

Appears in 1 contract

Samples: Credit Agreement (Voyager Net Inc)

Capital Lease Obligations. All obligations of the Consolidated Companies to pay rent or other amounts under a lease of (or other agreement conveying the right to use) property (real, personal or mixed) to the extent such obligations are required to be classified and accounted for as a capital lease on any such Consolidated Company's balance sheet under GAAP, and, for purposes of this Agreement, the amount of such obligations shall be the capitalized amount thereof, determined in accordance with GAAP.

Appears in 1 contract

Samples: Term Loan Agreement (Pegasus Communications Corp /)

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