Limitation on Capital Lease Obligations Sample Clauses

Limitation on Capital Lease Obligations. Create or suffer to exist any Capital Lease Obligation, except Capital Lease Obligations incurred by the Company to finance the acquisition of equipment and other property, so long as (a) the aggregate amount of Specified Obligation Usage (after giving effect to the incurrence of such Capital Lease Obligations) does not exceed $10,000,000 at any one time outstanding, (b) not more than $1,500,000 of such Capital Lease Obligation at one time shall at the time of its incurrence, have an average life to maturity which is shorter than the average life to maturity of the Domestic Term Loans outstanding at such time and (c) none of the related leases shall contain financial covenants.
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Limitation on Capital Lease Obligations. Create or suffer to exist any Capital Lease Obligation, except Capital Lease Obligations incurred by the Borrower to finance the acquisition of equipment and other property, so long as (a) the sum of (i) the amount of all such Capital Lease Obligations, (ii) the aggregate principal amount of any purchase money Indebtedness incurred by the Borrower in accordance with Section 6.01(c) and (iii) the aggregate Attributable Debt in respect of all Sale and Leaseback Transactions entered into by the Borrower or any of its Subsidiaries in accordance with Section 6.03 shall not exceed $10,000,000 at any time outstanding, (b) each Capital Lease Obligation at the time of its incurrence shall have an average life to maturity greater than the average life to maturity of the Term Loans outstanding at such time and (c) none of the related leases shall contain financial covenants.
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Limitation on Capital Lease Obligations. Create or suffer to exist any Capital Lease Obligations, except:
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Related to Limitation on Capital Lease Obligations

  • Capital Lease Obligations With respect to any Person, the obligations of such Person to pay rent or other amounts under any Capitalized Lease.

  • Lease Obligations The Company shall not, and shall not suffer or permit any Subsidiary to, create or suffer to exist any obligations for the payment of rent for any property under lease or agreement to lease, except for:

  • Capitalized Lease Obligations Sale and Leaseback Transactions, export credit facilities with a maturity of at least one year and Purchase Money Indebtedness of, including Guarantees of any of the foregoing by, the Issuer and/or any Restricted Subsidiary, in an aggregate principal amount at any one time outstanding not to exceed U.S.$1 billion;

  • Capitalized Lease Obligation 3 Commission................................................................ 4

  • Operating Lease Obligations On the Effective Date, none of the Loan Parties has any Operating Lease Obligations other than the Operating Lease Obligations set forth on Schedule 6.01(q).

  • Limitation on Indebtedness Create, incur, assume or suffer to exist any Indebtedness, except:

  • Limitation on Contingent Obligations Create, incur, assume or suffer to exist any Contingent Obligation except:

  • Limitation on Capital Expenditures Make or commit to make (by way of the acquisition of securities of a Person or otherwise) any expenditure in respect of the purchase or other acquisition of fixed or capital assets (excluding any such asset acquired in connection with normal replacement and maintenance programs properly charged to current operations) except for:

  • Limitation on Sale and Lease-Back Transactions The Company will not, and will not permit any Restricted Subsidiary to, enter into any Sale and Lease-Back Transaction unless:

  • Capital Leases No Covered Person has an interest as a lessee under any Capital Leases other than Capital Leases that are Permitted Indebtedness.

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