Capitalized Lease Obligations and Purchase Money Indebtedness Sample Clauses

Capitalized Lease Obligations and Purchase Money Indebtedness. Indebtedness consisting of Capital Lease Obligations of the Company and its Subsidiaries, and Indebtedness secured by a Lien on any property of the Company or any Subsidiary referred to in section 9.3(d), provided that at the time of any incurrence thereof after the date hereof, and after giving effect thereto, (i) the Company would be in compliance with sections 9.7, 9.8, 9.9, 9.10 and 9.11, and no Event of Default has occurred and is continuing or would result therefrom; and (ii) the aggregate outstanding principal amount (using Capitalized Lease Obligations in lieu of principal amount, in the case of any Capital Lease) of all Indebtedness permitted by this clause (e) does not exceed
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Capitalized Lease Obligations and Purchase Money Indebtedness. 4. reimbursement obligations with respect to letters of credit or guaranties of letters of credit,
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Capitalized Lease Obligations and Purchase Money Indebtedness provided that the aggregate principal amount of Capitalized Lease Obligations (other than Capitalized Lease Obligations disclosed in Schedule 4.9 of the Credit Agreement), and Purchase Money Indebtedness outstanding at any time does not exceed $250,000; and provided further that the amount of any such Capitalized Lease Obligation or Purchase Money Indebtedness shall not exceed an amount equal to 100% of the lesser of the purchase price or fair market value of the property subject to such Capital Lease or acquired with the proceeds of such Purchase Money Indebtedness; and
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Capitalized Lease Obligations and Purchase Money Indebtedness relating to assets other than Fleet Rigs in an aggregate amount not to exceed $5,000,000 at any one time.
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Capitalized Lease Obligations and Purchase Money Indebtedness. None Schedule 7.2 - Liens None
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Related to Capitalized Lease Obligations and Purchase Money Indebtedness

  • Capitalized Lease Obligations Sale and Leaseback Transactions, export credit facilities with a maturity of at least one year and Purchase Money Indebtedness of, including Guarantees of any of the foregoing by, the Issuer and/or any Restricted Subsidiary, in an aggregate principal amount at any one time outstanding not to exceed U.S.$1 billion;

  • Capitalized Lease Obligation 3 Commission................................................................ 4

  • Capital Lease Obligations With respect to any Person, the obligations of such Person to pay rent or other amounts under any Capitalized Lease.

  • Lease Obligations The Company shall not, and shall not suffer or permit any Subsidiary to, create or suffer to exist any obligations for the payment of rent for any property under lease or agreement to lease, except for:

  • Operating Lease Obligations On the Effective Date, none of the Loan Parties has any Operating Lease Obligations other than the Operating Lease Obligations set forth on Schedule 6.01(q).

  • Capitalized Lease A lease under which the discounted future rental payment obligations of the lessee or the obligor are required to be capitalized on the balance sheet of such Person in accordance with GAAP.

  • Capitalized Leases Leases under which the Borrower or any of its Subsidiaries is the lessee or obligor, the discounted future rental payment obligations under which are required to be capitalized on the balance sheet of the lessee or obligor in accordance with GAAP.

  • Purchase Money Debt (a) Debt (other than the Obligations) for payment of any of the purchase price of fixed assets; (b) Debt (other than the Obligations) incurred within 10 days before or after acquisition of any fixed assets, for the purpose of financing any of the purchase price thereof; and (c) any renewals, extensions or refinancings (but not increases) thereof.

  • Permitted Purchase Money Debt Purchase Money Debt of Borrowers and Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount does not exceed $5,000,000 outstanding at any one time, so long as its incurrence does not violate Section 10.2.3.

  • 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 capitalized on the lessee's balance sheet.

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