Capital Lease. The term "Capital Lease" shall mean any lease of property, real or personal, the obligations of the lessee in respect of which are required in accordance with generally accepted accounting principles to be capitalized on the balance sheet of the lessee.
Appears in 3 contracts
Sources: Merger Agreement (Cv Reit Inc), Merger Agreement (Kranzco Realty Trust), Merger Agreement (Union Property Investors Inc)
Capital Lease. The term "βCapital Lease" β shall mean any lease of propertyProperty which, real or personal, the obligations of the lessee in respect of which are required in accordance with generally accepted accounting principles GAAP, is required to be capitalized on the balance sheet of the lessee.
Appears in 3 contracts
Sources: Loan Agreement (Capricor Therapeutics, Inc.), Loan Agreement (Stemcells Inc), Loan Agreement (Stemcells Inc)
Capital Lease. The term "Capital Lease" shall mean any a lease of propertywith respect to which the lessee's obligations thereunder should, real or personal, the obligations of the lessee in respect of which are required in accordance with generally accepted accounting principles to GAAP, be capitalized and reflected as a liability on the balance sheet of the lessee.
Appears in 2 contracts
Sources: Subordinated Loan and Investment Agreement (Compudyne Corp), Subordinated Loan and Investment Agreement (William Blair Mezzanine Capital Partners Ii LLC /Adv)