Lease Obligations. Create, incur, assume or suffer to exist any obligations as lessee for the rental or hire of real or personal Property of any kind under leases or agreements to lease having an original term of one year or more that would cause the direct and contingent liabilities of the Borrower and its Subsidiaries, on a consolidated basis, in respect of all such obligations to exceed $15.0 million payable in any period of 12 consecutive months.
Appears in 4 contracts
Samples: Credit Agreement (General Cable Corp /De/), Credit Agreement (General Cable Corp /De/), Credit Agreement (General Cable Corp /De/)
Lease Obligations. Create, incur, assume or suffer to exist any obligations as lessee for the rental or hire of real or personal Property property of any kind under leases or agreements to lease having an original term of one year or more that would cause the direct and contingent liabilities of the Borrower and its Subsidiaries, on a consolidated basis, in respect of all such obligations (other than Capital Lease Obligations) to exceed $15.0 3.0 million payable in any period of 12 consecutive months.
Appears in 4 contracts
Samples: Credit Agreement (Norcraft Companies Lp), Credit Agreement (Norcraft Companies Lp), Credit Agreement (Norcraft Companies Lp)
Lease Obligations. Create, incur, assume or suffer to exist any obligations as lessee (a) for the rental or hire of real or personal Property property in connection with any sale and leaseback transaction, or (b) for the rental or hire of any kind other real or personal property under leases or agreements to lease (excluding Capitalized Leases) having an original term of one year or more that would cause the direct and contingent liabilities of the Borrower Parent and its Subsidiaries, on a consolidated basis, in respect of all such obligations to exceed $15.0 million 30,000,000 payable in any period of 12 consecutive months.
Appears in 4 contracts
Samples: Security Agreement (Suburban Propane Partners Lp), Security Agreement (Suburban Propane Partners Lp), Security Agreement (Suburban Propane Partners Lp)
Lease Obligations. Create, incur, assume or suffer to exist any obligations as lessee for the rental or hire of real or personal Property of any kind under leases or agreements to lease having an original term of one year or more that would cause the direct and contingent liabilities of the Borrower Borrowers and its their Subsidiaries, on a consolidated basis, in respect of all such obligations to exceed $15.0 20.0 million payable in any period of 12 consecutive months.
Appears in 2 contracts
Samples: Term Loan Credit Agreement (Department 56 Inc), Revolving Credit Agreement (Department 56 Inc)
Lease Obligations. Create, incur, assume or suffer to exist any obligations as lessee for the rental or hire of real or personal Property property of any kind under leases or agreements to lease having an original term of one year or more that would cause the direct and contingent liabilities of the Borrower and its Subsidiaries, on a consolidated basis, in respect of all such obligations to exceed $15.0 10.0 million payable in any period of 12 consecutive months.
Appears in 2 contracts
Samples: Credit Agreement (Navisite Inc), Credit Agreement (Navisite Inc)
Lease Obligations. Create, incur, assume or suffer to exist any obligations as lessee for the rental or hire of real or personal Property property of any kind under leases or agreements to lease having an original term of one year or more that would cause the direct and contingent liabilities of the Borrower Holdings and its Subsidiaries, on a consolidated basis, in respect of all such obligations to exceed $15.0 5.0 million payable in any period of 12 consecutive months.
Appears in 2 contracts
Samples: Credit Agreement (Thompson Creek Metals CO Inc.), Credit Agreement (Thompson Creek Metals CO Inc.)
Lease Obligations. Create, incur, assume or suffer to exist any obligations as lessee for the rental or hire of real or personal Property property of any kind under leases or agreements to lease having an original term of one year or more that would cause the direct and contingent liabilities of the Borrower and its Subsidiaries, on a consolidated basis, in respect of all such obligations to exceed $15.0 5.0 million payable in any period of 12 consecutive months.
Appears in 2 contracts
Samples: Credit Agreement (TTM Technologies Inc), Credit Agreement (Basic Energy Services Inc)
Lease Obligations. Create, incur, assume or suffer to exist any obligations as lessee for the rental or hire of real or personal Property of any kind under leases or agreements to lease having an original term of one year or more that would cause the direct and contingent liabilities of the Borrower Borrowers and its their Subsidiaries, on a consolidated basis, in respect of all such obligations to exceed $15.0 25.0 million payable in any period of 12 consecutive months.
Appears in 2 contracts
Samples: Term Loan Credit Agreement (Lenox Group Inc), Revolving Credit Agreement (Lenox Group Inc)
Lease Obligations. Create, incur, assume or suffer to exist any obligations as lessee for the rental or hire of real or personal Property property of any kind under leases or agreements to lease having an original term of one year or more that would cause the direct and contingent liabilities of the US Borrower and its Subsidiaries, on a consolidated basis, in respect of all such obligations to exceed the Dollar Equivalent of $15.0 million 15,000,000 payable in any period of 12 consecutive months.
Appears in 2 contracts
Samples: Credit Agreement (SGS International, Inc.), Credit Agreement (Southern Graphic Systems, Inc.)
Lease Obligations. Create, incur, assume or suffer to exist any obligations as lessee for the rental or hire of real or personal Property property of any kind under leases or agreements to lease having an original term of one year or more that would cause the direct and contingent liabilities of the Borrower and its Subsidiaries, on a consolidated basis, in respect of all such obligations to exceed $15.0 million 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.
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Lease Obligations. Create, incur, assume or suffer to exist any obligations as lessee for the rental or hire of real or personal Property property of any kind under leases or agreements to lease having an original term of one year or more that would cause the direct and contingent liabilities of the Borrower and its Subsidiaries, on a consolidated basis, in respect of all such obligations to exceed $15.0 30.0 million payable in any period of 12 consecutive months.
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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 for the rental or hire of real or personal Property property of any kind under leases or agreements to lease having an original term of one year or more that would cause the direct and contingent liabilities of the Borrower Guarantor and its Subsidiaries, on a consolidated Consolidated basis, in respect of all such obligations to exceed $15.0 million 38,000,000 payable in any period of 12 consecutive months.
Appears in 1 contract
Samples: Credit Agreement (Imc Global Inc)
Lease Obligations. Create, incur, assume or suffer to exist any obligations as lessee for the rental or hire of real or personal Property property of any kind under leases or agreements to lease having an original term of one year or more that would cause the direct and contingent liabilities of the Borrower and its Subsidiaries, on a consolidated basis, in respect of all such obligations to exceed $15.0 20.0 million payable in any period of 12 consecutive months.β
Appears in 1 contract
Samples: And Consent Agreement (Navisite Inc)
Lease Obligations. Create, incur, assume or suffer to exist any obligations as lessee for the rental or hire of real or personal any Property of any kind under leases or agreements to lease (including Capitalized Leases) having an original term of one year or more that would cause the direct and contingent liabilities of the Borrower and its Subsidiaries, on a consolidated basis, in respect of all such obligations to exceed $15.0 million payable in at any period time an amount equal to two and one half percent (2.5%) of 12 consecutive monthsAssets at such time.
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Lease Obligations. Create, incur, assume or suffer to exist any obligations as lessee (including pursuant to a Sale and Leaseback Transaction) for the rental or hire of real or personal Property property of any kind under 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 Borrower and its Subsidiaries, on a consolidated basis, in respect of all such obligations to exceed $15.0 million 150,000 payable in any period of 12 consecutive months.
Appears in 1 contract
Samples: Credit Agreement (PHC Inc /Ma/)
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 for the rental or hire of real or personal Property property of any kind under leases or agreements to lease having an original term of one year or more that would cause the direct and contingent liabilities of the Borrower and its Subsidiaries, on a consolidated Consolidated basis, in respect of all such obligations to exceed $15.0 million 50,000,000 payable in any period of 12 consecutive months.
Appears in 1 contract
Samples: Credit Agreement (Hartford Life Inc)
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 for the rental or hire of other real or personal Property property of any kind under operating leases or agreements to lease having an original a term of one year or more that which would cause the aggregate direct and contingent liabilities of the Borrower and its Subsidiaries, on a consolidated Consolidated basis, in respect of all such obligations to exceed $15.0 million payable in any period of 12 consecutive monthscalendar months to exceed $5,000,000.
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Lease Obligations. Create, incur, assume or suffer to exist any obligations as lessee for the rental or hire of real or personal Property property of any kind under leases or agreements to lease having an original term of one year or more that would cause the direct and contingent liabilities of the Borrower Borrowers and its their Subsidiaries, on a consolidated basis, in respect of all such obligations to exceed $15.0 2.0 million payable in any period of 12 consecutive months.
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Lease Obligations. Create, incur, assume or suffer to exist exist, any obligations as lessee for the rental or hire of real or personal Property property of any kind under leases or agreements to lease (other 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 Borrower Company and its Subsidiaries, on a consolidated basis, the other Loan Parties in respect of all such obligations to exceed $15.0 million payable in any period of 12 consecutive monthscalendar months to exceed $50,000,000.
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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 for the rental or hire of real or personal Property property of any kind under leases or agreements to lease having an original term of one year or more that would cause the direct and contingent liabilities of the Borrower and its Subsidiaries, on a consolidated Consolidated basis, in respect of all such obligations to exceed $15.0 million 50,000,000 payable in any period of 12 consecutive months.. 34 34
Appears in 1 contract
Samples: Credit Agreement (Hartford Life Inc)
Lease Obligations. Create, incur, assume or suffer to exist any obligations as lessee for the rental or hire of real or personal Property property of any kind under leases or agreements to lease having an original term of one year or more that would cause the direct and contingent liabilities of the US Borrower and its Subsidiaries, on a consolidated basis, in respect of all such obligations to exceed $15.0 million payable in any period of 12 consecutive months.
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Lease Obligations. Create, incur, assume or suffer to exist any obligations as lessee for the rental or hire of real or personal Property property of any kind under leases or agreements to lease (which are not required to be capitalized pursuant to GAAP as in effect on the Effective Date) having an original term of one year or more that would cause the direct and contingent liabilities of the Borrower and its Subsidiaries, on a consolidated basis, in respect of all such obligations to exceed $15.0 40.0 million payable in any period of 12 consecutive months.
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