Common use of Capitalized Lease Obligations Clause in Contracts

Capitalized Lease Obligations. The term “Capitalized Lease Obligations” shall mean, at the time any determination thereof is to be made, the amount of the liability in respect of a capital lease that would at such time be required to be capitalized and reflected as a liability on a balance sheet (excluding the footnotes thereto) in accordance with GAAP.

Appears in 3 contracts

Samples: Triton Container (TAL INTERNATIONAL CONTAINER Corp), Indenture (TAL INTERNATIONAL CONTAINER Corp), Triton Container (TAL INTERNATIONAL CONTAINER Corp)

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Capitalized Lease Obligations. The term "Capitalized Lease Obligations” shall mean, at " means obligations to pay rent or other amounts under a lease of (or other agreement conveying the time any determination thereof is right to be made, the amount of the liability in respect of a capital lease that would at such time be use) real and/or personal property which obligations are required to be capitalized classified and reflected accounted for as a liability capital leases on a balance sheet (excluding the footnotes thereto) in accordance with GAAP.

Appears in 3 contracts

Samples: Equipment Facility and Revolving Credit Agreement (Vestcom International Inc), Credit Agreement (Vestcom International Inc), Security Agreement (Total Tel Usa Communications Inc)

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Capitalized Lease Obligations. The term “Capitalized Lease Obligations” shall mean, at means the time payments due under any determination thereof is to be made, lease of a Borrower or any Subsidiary under which the amount obligations of the liability Borrowers or such Subsidiary, as lessee, would be included in respect of a capital lease that would at such time be required to be capitalized and reflected as a liability on a determining the total liabilities for the balance sheet (excluding the footnotes thereto) of such Borrower or such Subsidiary in accordance with GAAP.

Appears in 1 contract

Samples: Loan Agreement (Advanced Emissions Solutions, Inc.)

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