Common use of LEASE LIABILITY Clause in Contracts

LEASE LIABILITY. Make or incur liability for rent under leases of real --------------- property in excess of $900,000 and personal property in excess of $400,000 in any one fiscal year.

Appears in 1 contract

Samples: Antidilution Agreement (Anchor Pacific Underwriters Inc)

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LEASE LIABILITY. Make or incur liability for payments of rent under existing operating and capital leases of real --------------- property in excess of $900,000 1,660,000 in any one fiscal year or incur obligations for payment under new operating and personal property capital lease obligations in excess of $400,000 750,000 in any one fiscal year.

Appears in 1 contract

Samples: Security and Loan Agreement (Keith Companies Inc)

LEASE LIABILITY. Make or incur liability for payments of rent under leases of real --------------- property in excess of $900,000 1,000,000 and personal property in excess of $400,000 100,000 in any one fiscal year.

Appears in 1 contract

Samples: Security and Loan Agreement (Microtel International Inc)

LEASE LIABILITY. Make or incur liability for payments of rent under leases of real --------------- property in excess of $900,000 500,000 and personal property (capital leases) in excess of $400,000 500,000 in any one fiscal year.

Appears in 1 contract

Samples: Security and Loan Agreement (Alpha Microsystems)

LEASE LIABILITY. Make or incur liability for payments of rent under leases of real --------------- property in excess of $900,000 1,500,000 and personal property in excess of $400,000 100,000 in any one fiscal year.

Appears in 1 contract

Samples: Security and Loan Agreement (Ipl Systems Inc)

LEASE LIABILITY. Make or incur consolidated liability for payments of rent under leases of real --------------- property in excess of $900,000 850,000 and personal property in excess of $400,000 700,000 in any one fiscal year.

Appears in 1 contract

Samples: Security and Loan Agreement (Datametrics Corp)

LEASE LIABILITY. Make or incur liability for payments of rent under leases of real --------------- property in excess of $900,000 1,000,000 and personal property in excess of $400,000 1,000,000 in any one fiscal year.

Appears in 1 contract

Samples: Inland Casino Corp

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LEASE LIABILITY. Make or incur liability for payments of rent under leases of real --------------- property in excess of $900,000 and personal property in excess of $400,000 250,000 in any one fiscal year.

Appears in 1 contract

Samples: Security and Loan Agreement (Eco Soil Systems Inc)

LEASE LIABILITY. Make or incur liability for payments of rent under existing operating and capital leases of real --------------- property in excess of $900,000 2,150,000 in any one fiscal year or incur obligations for payment under new operating and personal property capital lease obligations in excess of $400,000 260,000 in any one fiscal year.

Appears in 1 contract

Samples: Keith Companies Inc

LEASE LIABILITY. Make or incur additional liability for payments of rent under leases of real --------------- property in excess of $900,000 and 100,000 or personal property in excess of $400,000 50,000 in any one fiscal year.

Appears in 1 contract

Samples: Credit Agreement (Photomatrix Inc/ Ca)

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