Common use of Capitalized Lease Clause in Contracts

Capitalized Lease. The term "Capitalized Lease" shall mean any lease which is or should be capitalized on the balance sheet of the lessee in accordance with generally accepted accounting principles.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Iae Inc), Securities Purchase Agreement (Province Healthcare Co)

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Capitalized Lease. The term "Capitalized Lease" shall mean any lease of real or personal property under which is or should the rentals are required to be capitalized on the balance sheet of the lessee for financial reporting purposes in accordance with generally accepted accounting principles.

Appears in 1 contract

Samples: Debenture Purchase Agreement (Wedge Energy Services LLC)

Capitalized Lease. The term "Capitalized Lease" shall mean means any lease which is or should be capitalized on the balance sheet of the lessee in accordance with generally accepted accounting principlesGAAP.

Appears in 1 contract

Samples: Limited Partnership Agreement (Standard Parking Ii LLC)

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Capitalized Lease. The term "Capitalized Lease" shall mean means any lease with respect to which is the obligation to pay rent or should be capitalized on the balance sheet of the lessee in accordance with generally accepted accounting principlesother amounts constitutes Capitalized Lease Obligations.

Appears in 1 contract

Samples: Equipment Facility and Revolving Credit Agreement (Total Tel Usa Communications Inc)

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