Rental Obligations. Enter into, or permit to remain in effect, any lease, as lessee (other than capitalized leases which are governed by Section 7.13 hereof, if, after giving effect thereto, the aggregate amount of all rentals and other obligations, including, without limitation, all percentage rents and additional rent, due from the Borrowers and the Subsidiaries thereunder (net of sub-lease rents received) in any single calendar year would exceed One Million Two Hundred Fifty Thousand ($1,250,000) Dollars.
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Samples: Loan Agreement (Linc Group Inc)
Rental Obligations. Enter into, or permit to remain in effect, any lease, as lessee Lease (other than capitalized leases which Capitalized Leases that are governed by Section 7.13 hereof), if, after giving effect thereto, the aggregate amount of all rentals and other obligations, including, without limitation, all percentage rents and additional rent, due from the Borrowers and the Subsidiaries Borrower, on a consolidated basis, thereunder (net of sub-lease rents received) in any single calendar year would exceed One Million Two Hundred Fifty Thousand ($1,250,000) Dollars3,000,000 during each fiscal year of the Borrower.
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Samples: Loan Agreement (Care Group Inc)
Rental Obligations. Enter into, or permit to remain in effect, any lease, as lessee Lease (other than capitalized leases which Capitalized Leases that are governed by Section 7.13 hereof), if, after giving effect thereto, the aggregate amount of all rentals and other obligations, including, without limitation, all percentage rents and additional rent, due from all the Borrowers and the Material Subsidiaries thereunder (net of sub-lease rents received) in any single calendar year would exceed One Million Two Hundred Fifty Thousand ($1,250,000) Dollars5,500,000 during any fiscal year.
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Samples: Credit Agreement (National Patent Development Corp)
Rental Obligations. Enter into, or permit to remain in ------------------ effect, any lease, lease as lessee (other than capitalized leases which are governed by Section 7.13 hereof, if, after giving effect thereto, the aggregate amount of all rentals rental and other obligations, including, without limitation, all percentage rents and additional rent, due from the Borrowers and the Subsidiaries Borrower thereunder (net of sub-lease rents received) in any single calendar year would exceed One Million Two Hundred Fifty Thousand ($1,250,000) Dollars400,000.
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Rental Obligations. Enter into, or permit to remain in effect, any lease, as lessee Lease (other than capitalized leases which Capitalized Leases that are governed by Section 7.13 hereof), if, after giving effect thereto, the aggregate amount of all rentals and other obligations, including, without limitation, all percentage rents and additional rent, due from the Borrowers and the Subsidiaries Borrower thereunder (net of sub-lease rents received) in any single calendar year would exceed One Million Two Hundred Fifty Thousand ($1,250,000) Dollars2,800,000 during any fiscal year.
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