Capital Lease. Any lease of property (real, personal or mixed) which, in accordance with GAAP and Statement No. 13 of the Financial Accounting Standards Board, would be permitted or required to be capitalized on the lessee's balance sheet.
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Samples: Credit Agreement (Pegasus Communications Corp), Credit Agreement (Pegasus Communications Corp), Credit Agreement (Pegasus Communications Corp)
Capital Lease. Any lease of property (real, personal or mixed) which, in accordance with GAAP and Statement No. 13 of the Financial Accounting Standards Board, would be permitted or required to be capitalized on the lessee's balance sheet or for which the amount of the asset and liability thereunder if not so capitalized should be disclosed in a note to such balance sheet.
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