Common use of Operating Lease Obligations Clause in Contracts

Operating Lease Obligations. On the Closing Date, (i) the Borrower does not have any obligations as lessee for the payment of rent for any real property other than the Operating Lease Obligations set forth in Schedule 6.18 hereto and the Capital Lease Obligations set forth in Schedule 6.29 hereto and (ii) the Borrower does not have any personal property leases providing for total rent payments in excess of $2,500,000 in the aggregate.

Appears in 1 contract

Samples: Revolving Credit Agreement (Sun Television & Appliances Inc)

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Operating Lease Obligations. On the Closing Date, (i) the each Borrower does not have any material obligations as lessee for the payment of rent for any real property other than the Operating Lease Obligations set forth in Schedule 6.18 hereto and the Capital Lease Obligations set forth in Schedule 6.29 hereto and (ii) the each Borrower does not have any personal property leases providing for total rent payments in excess of $2,500,000 1,000,000 in the aggregateaggregate under any single lease except as set forth on Schedule 6.18 hereto.

Appears in 1 contract

Samples: Credit Agreement (Genesis Direct Inc)

Operating Lease Obligations. On the Closing Date, (i) the Borrower does and its Subsidiaries do not have any obligations as lessee for the payment of rent for any real or personal property other than the Operating Lease Obligations set forth in Schedule 6.18 hereto and the Capital Lease Obligations set forth in Schedule 6.29 hereto and (ii) the Borrower does not have any personal property leases providing for total rent payments in excess of $2,500,000 in the aggregate6.17 hereto.

Appears in 1 contract

Samples: Revolving Credit Agreement (Weiners Stores Inc)

Operating Lease Obligations. On the Closing Date, (i) the Borrower does Borrowers do not have any obligations as lessee for the payment of rent for any real property other than the Operating Lease Obligations set forth in Schedule 6.18 hereto and the Capital Lease Obligations set forth in Schedule 6.29 hereto and (ii) the Borrower does Borrowers do not have any personal property leases providing for total rent payments in excess of $2,500,000 6,300,000 in the aggregate.

Appears in 1 contract

Samples: Revolving Credit Agreement (Hechinger Co)

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Operating Lease Obligations. On the Closing Date, (i) neither the Borrower does not have nor any of its Subsidiaries has any obligations as lessee for the payment of rent for any real or personal property other than the Operating Lease Obligations set forth in Schedule 6.18 hereto and the Capital Lease Obligations set forth in Schedule 6.29 hereto and (ii) the Borrower does not have any personal property leases providing for total rent payments in excess of $2,500,000 in the aggregate.on SCHEDULE 5.18. 34 -28-

Appears in 1 contract

Samples: Restructuring Agreement (Outsource International Inc)

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