Rental Obligations. All present or future obligations of the Borrower or ------------------ any of its Subsidiaries under any rental agreements or leases of real or personal property, other than (a) obligations that can be terminated by the giving of notice without liability to the Borrower or such Subsidiary in excess of the liability for rent due as of the date on which such notice is given and under which no penalty or premium is paid as a result of any such termination, and (b) obligations in respect of any Capitalized Leases or any Synthetic Leases referred to in clause (f) of the definition of the term "Indebtedness".
Appears in 4 contracts
Samples: Revolving Credit and Term Loan Agreement (Mapics Inc), Revolving Credit and Term Loan Agreement (Mapics Inc), Revolving Credit and Term Loan Agreement (Mapics Inc)
Rental Obligations. All present or future obligations of the Borrower or ------------------ any of its Subsidiaries under any rental agreements or leases of real or personal property, other than (ai) obligations that can be terminated by the giving of notice without liability to the Borrower or such Subsidiary in excess of the liability for rent due as of the date on which such notice is given and under which no penalty or premium is paid as a result of any such termination, and (bii) obligations in respect of any Capitalized Leases or any Synthetic Leases synthetic leases referred to in clause (fvi) of the definition of the term "Indebtedness".
Appears in 3 contracts
Samples: Revolving Credit and Term Loan Agreement (Mapics Inc), Credit Agreement (Connectivity Technologies Inc), Revolving Credit and Term Loan Agreement (Marcam Corp)
Rental Obligations. All present or future obligations of the Borrower or ------------------ any of its Subsidiaries under any rental agreements or leases of real or personal property, other than (ai) obligations that can be terminated by the giving of notice without liability to the Borrower or such Subsidiary in excess of the liability for rent due as of the date on which such notice is given and under which no penalty or premium is paid as a result of any such termination, and (bii) obligations in respect of any Capitalized Leases or any Synthetic Leases synthetic leases referred to in clause (fvi) of the definition of the term "Indebtedness".
Appears in 2 contracts
Samples: Revolving Credit (Mapics Inc), Revolving Credit and Term Loan Agreement (Mapics Inc)
Rental Obligations. All present or future obligations of the Borrower or ------------------ any of its Subsidiaries under any rental agreements or leases of real or personal property, other than (a) obligations that can be terminated by the giving of notice without liability to the Borrower or such Subsidiary in excess of the liability for rent due as within thirty (30) days of the date on which such notice is given and under which no penalty or premium is paid as a result of any such termination, and (b) obligations in respect of any Capitalized Leases or any Synthetic Leases synthetic leases referred to in clause (fvi) of the definition of the term "Indebtedness".
Appears in 1 contract
Samples: Revolving Credit Agreement (Blue Steel Capital Corp)
Rental Obligations. All present or future obligations of the Borrower ------------------ or ------------------ any of its Subsidiaries under any rental agreements or leases of real or personal property, other than (a) obligations that can be terminated by the giving of notice without liability to the Borrower or such Subsidiary in excess of the liability for rent due as of the date on which such notice is given and under which no penalty or premium is paid as a result of any such termination, and (b) obligations in respect of any Capitalized Leases or any Synthetic Leases referred to in clause (f) of the definition of the term "Indebtedness".
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Mapics Inc)