Operating and Capitalized Lease Obligations. (i) Incur Operating Lease Obligations that, in the aggregate with all other Operating Lease Obligations of the Issuer and its Subsidiaries, exceed $2,000,000 annually or (ii) incur new Capitalized Lease Obligations that, in the aggregate, exceed $100,000 annually.
Appears in 4 contracts
Samples: Securities Purchase Agreement (FriendFinder Networks Inc.), Securities Purchase Agreement (FriendFinder Networks Inc.), Securities Agreement (FriendFinder Networks Inc.)
Operating and Capitalized Lease Obligations. (i) Incur Operating Lease Obligations that, in the aggregate with all other Operating Lease Obligations of the Issuer Issuers and its their respective Subsidiaries, exceed $2,000,000 4,000,000 annually or (ii) incur new Capitalized Lease Obligations that, in the aggregate, exceed $100,000 800,000 annually; provided, however the amortization of the Capitalized Lease Obligations shall be counted against the basket set forth in clause (i).
Appears in 3 contracts
Samples: Indenture (FriendFinder Networks Inc.), Indenture (FriendFinder Networks Inc.), Indenture (FriendFinder Networks Inc.)
Operating and Capitalized Lease Obligations. (i) Incur Operating Lease Obligations that, in the aggregate with all other Operating Lease Obligations of the Issuer Issuers and its their respective Subsidiaries, exceed $2,000,000 4,000,000 annually or (ii) incur new Capitalized Lease Obligations that, in the aggregateaggregate with all other Capitalized Lease Obligations of the Issuers and their respective Subsidiaries, exceed $100,000 annually10,000,000 at any time."
(13) Section 6.1(e) of the Indenture is amended and restated in its entirety to read as follows:
Appears in 2 contracts
Samples: First Supplemental Indenture (FriendFinder Networks Inc.), First Supplemental Indenture (FriendFinder Networks Inc.)
Operating and Capitalized Lease Obligations. (i) Incur Operating Lease Obligations that, in the aggregate with all other Operating Lease Obligations of the Issuer and its SubsidiariesObligors, exceed $2,000,000 annually or (ii) incur new Capitalized Lease Obligations that, in the aggregate, exceed $100,000 annually.
Appears in 2 contracts
Samples: Securities Purchase Agreement (FriendFinder Networks Inc.), Securities Purchase Agreement (FriendFinder Networks Inc.)
Operating and Capitalized Lease Obligations. (i) Incur Operating Lease Obligations that, in the aggregate with all other Operating Lease Obligations of the Issuer Issuers and its their respective Subsidiaries, exceed $2,000,000 4,000,000 annually or (ii) incur new Capitalized Lease Obligations that, in the aggregateaggregate with all other Capitalized Lease Obligations of the Issuers and their respective Subsidiaries, exceed $100,000 annually10,000,000 at any time.
Appears in 1 contract
Samples: Indenture (FRNK Technology Group)
