Capitalized Lease Obligation. For any person, Capitalized Lease Obligation 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 as a financing lease on the balance sheet of such Person, and the amount of such 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. For any person, The term “Capitalized Lease Obligation means Obligation” shall mean, for any Person, the monetary obligation amount 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 as a financing lease the liability shown on the balance sheet of such Person, and the amount Person in respect of such obligations shall be the capitalized amount thereofa Capital Lease determined in accordance with GAAP.
Appears in 1 contract
Capitalized Lease Obligation. For any person, Capitalized Lease Obligation 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 as a financing capital lease on the balance sheet of such Person, and the amount of such obligations shall be the capitalized amount thereof.
Appears in 1 contract
Capitalized Lease Obligation. For any person, The term “Capitalized Lease Obligation means Obligation” shall mean, for any Person, the monetary obligation amount 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 as a financing lease the liability shown on the balance sheet of such Person, and the amount Person in respect of such obligations shall be the capitalized amount thereof.a Capital Lease determined in accordance with GAAP. Loan Agreement
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Samples: Loan Agreement (Stemcells Inc)
