Common use of Lease Obligations Clause in Contracts

Lease Obligations. Create, incur, assume or suffer to exist any obligations as lessee (a) for the rental or hire of real or personal property in connection with any sale and leaseback transaction, or (b) for the rental or hire of other real or personal property under leases (excluding Capitalized Leases) having an original term of one year or more that would cause the direct and contingent liabilities of the Parent and its Subsidiaries, on a consolidated basis, in respect of all such obligations to exceed $30,000,000 payable in any period of 12 consecutive months.

Lease Obligations. Create, incur, assume or suffer to exist any obligations as lessee (a) for the rental or hire of real or personal property in connection with Property of any sale and leaseback transaction, or (b) for the rental or hire of other real or personal property kind under leases (excluding Capitalized Leases) or agreements to lease having an original term of one year or more that would cause the direct and contingent liabilities of the Parent Borrower and its Subsidiaries, on a consolidated basis, in respect of all such obligations to exceed $30,000,000 15.0 million payable in any period of 12 consecutive months.

Lease Obligations. Create, incur, assume or suffer to exist any obligations as lessee (a) for the rental or hire of real or personal property in connection with of any sale and leaseback transaction, or (b) for the rental or hire of other real or personal property kind under leases (excluding Capitalized Leases) or agreements to lease having an original term of one year or more that would cause the direct and contingent liabilities of the Parent Borrower and its Subsidiaries, on a consolidated basis, in respect of all such obligations (other than Capital Lease Obligations) to exceed $30,000,000 3.0 million payable in any period of 12 consecutive months.

Lease Obligations. Create, incur, assume or suffer to exist any obligations as lessee (a) for the rental or hire of real or personal property in connection with of any sale and leaseback transaction, or (b) for the rental or hire of other real or personal property kind under leases (excluding Capitalized Leases) or agreements to lease having an original term of one year or more that would cause the direct and contingent liabilities of the Parent Borrower and its Subsidiaries, on a consolidated basis, in respect of all such obligations to exceed $30,000,000 5.0 million payable in any period of 12 consecutive months.

Lease Obligations. Create, incur, assume or suffer to exist any obligations as lessee (a) for the rental or hire of real or personal property in connection with of any sale and leaseback transaction, or (b) for the rental or hire of other real or personal property kind under leases (excluding Capitalized Leases) or agreements to lease having an original term of one year or more that would cause the direct and contingent liabilities of the Parent Borrower and its Subsidiaries, on a consolidated basis, in respect of all such obligations to exceed $30,000,000 10.0 million payable in any period of 12 consecutive months.

Lease Obligations. Create, incur, assume or suffer to exist any obligations as lessee (a) for the rental or hire of real or personal property in connection with of any sale and leaseback transaction, or (b) for the rental or hire of other real or personal property kind under leases (excluding Capitalized Leases) or agreements to lease having an original term of one year or more that would cause the direct and contingent liabilities of the Parent US Borrower and its Subsidiaries, on a consolidated basis, in respect of all such obligations to exceed the Dollar Equivalent of $30,000,000 15,000,000 payable in any period of 12 consecutive months.

Lease Obligations. Create, incur, assume or suffer to exist any obligations as lessee (a) for the rental or hire of real or personal property in connection with Property of any sale and leaseback transaction, or (b) for the rental or hire of other real or personal property kind under leases (excluding Capitalized Leases) or agreements to lease having an original term of one year or more that would cause the direct and contingent liabilities of the Parent Borrowers and its their Subsidiaries, on a consolidated basis, in respect of all such obligations to exceed $30,000,000 25.0 million payable in any period of 12 consecutive months.

Lease Obligations. Create, incur, assume or suffer to exist any obligations as lessee (a) for the rental or hire of real or personal property in connection with Property of any sale and leaseback transaction, or (b) for the rental or hire of other real or personal property kind under leases (excluding Capitalized Leases) or agreements to lease having an original term of one year or more that would cause the direct and contingent liabilities of the Parent Borrowers and its their Subsidiaries, on a consolidated basis, in respect of all such obligations to exceed $30,000,000 20.0 million payable in any period of 12 consecutive months.

Lease Obligations. Create, incur, assume or suffer to exist any obligations as lessee (a) for the rental or hire of real or personal property in connection with of any sale and leaseback transaction, or (b) for the rental or hire of other real or personal property kind under leases (excluding Capitalized Leases) or agreements to lease having an original term of one year or more that would cause the direct and contingent liabilities of the Parent Holdings and its Subsidiaries, on a consolidated basis, in respect of all such obligations to exceed $30,000,000 5.0 million payable in any period of 12 consecutive months.

Lease Obligations. Create, incur, assume or suffer to exist any obligations as lessee (a) for the rental or hire of real or personal property in connection with of any sale and leaseback transaction, or (b) for the rental or hire of other real or personal property kind under leases (excluding Capitalized Leases) or agreements to lease having an original term of one year or more that would cause the direct and contingent liabilities of the Parent Borrower and its Subsidiaries, on a consolidated basis, in respect of all such obligations to exceed $30,000,000 30.0 million payable in any period of 12 consecutive months.

Lease Obligations. Create, incur, assume or suffer to exist exist, or permit any of its Subsidiaries to create, incur, assume or suffer to exist, any obligations as lessee (a) for the rental or hire of real or personal property in connection with of any sale and leaseback transaction, or (b) for the rental or hire of other real or personal property kind under leases (excluding Capitalized Leases) or agreements to lease having an original term of one year or more that would cause the direct and contingent liabilities of the Parent Borrower and its Subsidiaries, on a consolidated Consolidated basis, in respect of all such obligations to exceed $30,000,000 50,000,000 payable in any period of 12 consecutive months.. 34 34

Lease Obligations. Create, incur, assume or suffer to exist any obligations as lessee (a) for the rental or hire of real or personal property in connection with of any sale and leaseback transaction, or (b) for the rental or hire of other real or personal property kind under leases (excluding Capitalized Leases) or agreements to lease having an original term of one year or more that would cause the direct and contingent liabilities of the Parent Borrower and its Subsidiaries, on a consolidated basis, in respect of all such obligations to exceed $30,000,000 payable in any period of 12 consecutive monthsmonths to exceed an amount equal to $15.0 million, which amount shall increase by $2.0 million on each anniversary of the Original Closing Date.

Lease Obligations. Create, incur, assume or suffer to exist exist, any obligations as lessee (a) for the rental or hire of real or personal property in connection with of any sale and leaseback transaction, or (b) for the rental or hire of other real or personal property kind under leases or agreements to lease (excluding Capitalized Leasesother than leases which constitute Debt) having an original term of one year or more that which would cause the aggregate direct and or contingent liabilities of the Parent Company and its Subsidiaries, on a consolidated basis, the other Loan Parties in respect of all such obligations to exceed $30,000,000 payable in any period of 12 consecutive monthscalendar months to exceed $50,000,000.

Lease Obligations. Create, incur, assume or suffer to exist any ----------------- obligations as lessee (ai) for the rental or hire of real or personal property in connection with any sale and leaseback transaction, or (bii) for the rental or hire of other real or personal property of any kind under leases (excluding or agreements to lease including Capitalized Leases) Leases having an original term of one year or more that would cause the direct and contingent liabilities of the Parent and its Subsidiaries, on a consolidated basis, Borrower in respect of all such obligations to exceed $30,000,000 500,000 payable in any period of 12 consecutive months.

Lease Obligations. Create, incur, assume or suffer to exist any obligations as lessee (a) for the rental or hire of real or personal property in connection with of any sale and leaseback transaction, or (b) for the rental or hire of other real or personal property kind under leases (excluding Capitalized Leases) or agreements to lease having an original term of one year or more that would cause the direct and contingent liabilities of the Parent Borrowers and its their Subsidiaries, on a consolidated basis, in respect of all such obligations to exceed $30,000,000 2.0 million payable in any period of 12 consecutive months.

Lease Obligations. Create, incur, assume or suffer to exist exist, or permit any of its Subsidiaries to create, incur, assume or suffer to exist, any obligations as lessee (a) for the rental or hire of real or personal property in connection with of any sale and leaseback transaction, or (b) for the rental or hire of other real or personal property kind under leases (excluding Capitalized Leases) or agreements to lease having an original term of one year or more that would cause the direct and contingent liabilities of the Parent Guarantor and its Subsidiaries, on a consolidated Consolidated basis, in respect of all such obligations to exceed $30,000,000 38,000,000 payable in any period of 12 consecutive months.

Lease Obligations. Create, incur, assume or suffer to exist exist, or permit any of its Subsidiaries to create, incur, assume or suffer to exist, any obligations as lessee (a) for the rental or hire of real or personal property in connection with any sale and leaseback transaction, or (b) for the rental or hire of other real or personal property of any kind under operating leases (excluding Capitalized Leases) having an original a term of one year or more that which would cause the aggregate direct and contingent liabilities of the Parent Borrower and its Subsidiaries, on a consolidated Consolidated basis, in respect of all such obligations to exceed $30,000,000 payable in any period of 12 consecutive monthscalendar months to exceed $5,000,000.

Lease Obligations. Create, incur, assume or suffer to exist any obligations as lessee (a) for the rental or hire of real or personal property in connection with any sale and leaseback transaction, or (b) for the rental or hire of other real or personal property Property under leases or agreements to lease (excluding including Capitalized Leases) having an original term of one year or more that would cause the direct and contingent liabilities of the Parent Borrower and its Subsidiaries, on a consolidated basis, in respect of all such obligations to exceed $30,000,000 payable in at any period time an amount equal to two and one half percent (2.5%) of 12 consecutive monthsAssets at such time.

Lease Obligations. Create, incur, assume or suffer to exist any obligations as lessee (a) for the rental or hire of real or personal property in connection with of any sale and leaseback transaction, or (b) for the rental or hire of other real or personal property kind under leases (excluding Capitalized Leases) or agreements to lease having an original term of one year or more that would cause the direct and contingent liabilities of the Parent US Borrower and its Subsidiaries, on a consolidated basis, in respect of all such obligations to exceed $30,000,000 15.0 million payable in any period of 12 consecutive months.

Lease Obligations. Create, incur, assume or suffer to exist any obligations as lessee (aincluding pursuant to a Sale and Leaseback Transaction) for the rental or hire of real or personal property in connection with of any sale and leaseback transaction, or (b) for the rental or hire of other real or personal property kind under leases (excluding Capitalized Leases) or agreements to rent or lease having an original term of one year or more that would cause the direct and contingent liabilities of the Parent Borrower and its Subsidiaries, on a consolidated basis, in respect of all such obligations to exceed $30,000,000 150,000 payable in any period of 12 consecutive months.

Lease Obligations. Create, incur, assume or suffer to exist exist, or permit any of its Subsidiaries to create, incur, assume or suffer to exist, any obligations as lessee (a) for the rental or hire of real or personal property in connection with of any sale and leaseback transaction, or (b) for the rental or hire of other real or personal property kind under leases (excluding Capitalized Leases) or agreements to lease having an original term of one year or more that would cause the direct and contingent liabilities of the Parent Borrower and its Subsidiaries, on a consolidated Consolidated basis, in respect of all such obligations to exceed $30,000,000 50,000,000 payable in any period of 12 consecutive months.