Capitalized Lease Obligations. The term "Capitalized Lease Obligations" means obligations to pay rent or other amounts under a lease of (or other agreement conveying the right to use) real and/or personal property which obligations are required to be classified and accounted for as capital leases on a balance sheet in accordance with GAAP.
Appears in 3 contracts
Samples: Equipment Facility and Revolving Credit Agreement (Vestcom International Inc), Equipment Facility and Revolving Credit Agreement (Vestcom International Inc), Equipment Facility and Revolving Credit Agreement (Total Tel Usa Communications Inc)
Capitalized Lease Obligations. The term "“Capitalized Lease Obligations" means obligations ” shall mean, at the time any determination thereof is to pay rent or other amounts under be made, the amount of the liability in respect of a capital lease of (or other agreement conveying the right to use) real and/or personal property which obligations are that would at such time be required to be classified capitalized and accounted for reflected as capital leases a liability on a balance sheet (excluding the footnotes thereto) in accordance with GAAP.
Appears in 3 contracts
Samples: Indenture (TAL INTERNATIONAL CONTAINER Corp), Indenture (TAL INTERNATIONAL CONTAINER Corp), Indenture (TAL INTERNATIONAL CONTAINER Corp)
Capitalized Lease Obligations. The term "“Capitalized Lease Obligations" ” means obligations to pay rent or other amounts the payments due under a any lease of (a Borrower or other agreement conveying any Subsidiary under which the right to use) real and/or personal property which obligations are required to of the Borrowers or such Subsidiary, as lessee, would be classified and accounted included in determining the total liabilities for as capital leases on a the balance sheet of such Borrower or such Subsidiary in accordance with GAAP.
Appears in 1 contract
Samples: Loan Agreement (Advanced Emissions Solutions, Inc.)
