Common use of LEASE LIABILITY Clause in Contracts

LEASE LIABILITY. Make or incur additional liability for payments of rent under leases of real or personal property in excess of $500,000 in fiscal year ending December 31, 1996 and in any fiscal year thereafter.

Appears in 2 contracts

Samples: Credit Agreement (Earthshell Container Corp), Credit Agreement (Earthshell Container Corp)

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LEASE LIABILITY. Make or incur additional liability for payments of rent under leases of real property in excess of $500,000 or personal property in excess of $500,000 in any one fiscal year ending December 31, 1996 and in any fiscal year thereafteryear.

Appears in 1 contract

Samples: Credit Terms and Conditions (Alpha Microsystems)

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LEASE LIABILITY. Make or incur additional liability for payments of rent under leases of real property in excess of $250,000.00 or personal property in excess of $500,000 in fiscal year ending December 31, 1996 and 250,000.00 in any one fiscal year thereafteryear.

Appears in 1 contract

Samples: Imperial Bank Credit Agreement (American National Financial Inc)

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