Capital Lease. any lease of a Person with respect to (or other arrangement conveying to a Person the right to use) any Property or a combination thereof, the obligations under which are required to be classified and accounted for as a capital lease on a balance sheet of such Person under GAAP.
Appears in 6 contracts
Samples: Credit Agreement (Diversified Energy Co PLC), Credit Agreement (W&t Offshore Inc), Credit Agreement (Par Pacific Holdings, Inc.)
Capital Lease. any lease of a Person with respect to (or other arrangement conveying to a Person the right to use) any Property or a combination thereof, the obligations under which are required to be classified and accounted for as a capital lease on a balance sheet of such Person under the GAAP.
Appears in 2 contracts
Samples: Credit Agreement (Parsley Energy, Inc.), Credit Agreement (Parsley Energy, Inc.)
Capital Lease. With respect to any Person, any lease of a Person with respect to (or other arrangement agreement conveying to a Person the right to use) any Property real or a combination thereofpersonal property by such Person that, the obligations under which are required to be classified and in conformity with GAAP, is accounted for as a capital lease on a the balance sheet of such Person under GAAPPerson.
Appears in 1 contract
Samples: Loan and Security Agreement (Adcare Health Systems, Inc)