Common use of Lease Rentals Clause in Contracts

Lease Rentals. The Companies shall not pay or commit themselves to pay lease rentals on Operating Leases, for all Companies, in excess of the aggregate amount of Twelve Million Dollars ($12,000,000) during any fiscal year of Borrower, commencing with the current fiscal year.

Appears in 2 contracts

Samples: Credit and Security Agreement (Shiloh Industries Inc), Credit and Security Agreement (Shiloh Industries Inc)

AutoNDA by SimpleDocs

Lease Rentals. The Companies shall not pay or commit themselves to pay lease rentals on Operating Leasesoperating leases, for all Companies, in excess of the aggregate amount sum of Twelve Million Dollars ($12,000,000) during any fiscal year of Borrower, commencing with the current fiscal year.

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (Shiloh Industries Inc)

AutoNDA by SimpleDocs

Lease Rentals. The Companies shall not pay or commit themselves to pay lease rentals on Operating Leasesoperating leases, for all Companies, in excess of the aggregate amount of Twelve Million Dollars ($12,000,000) during any fiscal year of Borrower, commencing with the current fiscal year.

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (Shiloh Industries Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.