Capitalized Lease Obligation. The term “Capitalized Lease Obligation” shall mean, for any Person, the amount of the liability shown on the balance sheet of such Person in respect of a Capital Lease determined in accordance with GAAP.
Appears in 2 contracts
Samples: Loan Agreement (Capricor Therapeutics, Inc.), Loan Agreement (Stemcells Inc)
Capitalized Lease Obligation. The term “For any person, Capitalized Lease Obligation” shall meanObligation means the monetary obligation of such Person under any lease of any real or personal property, or a combination thereof by such Person as lessee which would, in accordance with GAAP, be required to be accounted for any Person, the amount of the liability shown as a financing lease on the balance sheet of such Person in respect Person, and the amount of a Capital Lease determined in accordance with GAAPsuch obligations shall be the capitalized amount thereof.
Appears in 2 contracts
Samples: Credit Agreement (Jernigan Capital, Inc.), Credit Agreement (Jernigan Capital, Inc.)
Capitalized Lease Obligation. The term “Capitalized Lease Obligation” shall mean, for any Person, the amount of the liability shown on the balance sheet of such Person in respect of a Capital Lease determined in accordance with GAAP. [****] Certain information has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to omitted portions.
Appears in 1 contract
Samples: Loan Agreement (Stemcells Inc)
Capitalized Lease Obligation. The term “For any person, Capitalized Lease Obligation” shall meanObligation means the monetary obligation of such Person under any lease of any real or personal property, or a combination thereof by such Person as lessee which would, in accordance with GAAP, be required to be accounted for any Person, the amount of the liability shown as a capital lease on the balance sheet of such Person in respect Person, and the amount of a Capital Lease determined in accordance with GAAPsuch obligations shall be the capitalized amount thereof.
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