Terns Defined. As used in this Guaranty, the capitalized terms have the meaning specified below, set forth in the document or set forth in the section of this Guaranty referred to immediately following such term (such definitions, unless otherwise expressly provided, to be equally applicable to both the singular and plural forms of the terms defined): Affiliate Obligation - has the meaning assigned to such term in Section 2.8 hereof. Attributable Debt - means, as to any particular Sale and Leaseback Transaction under which the Guarantor or any Subsidiary is at the time liable, at any date as of which the amount thereof is to be determined
(a) in the case of any such transaction involving a Capital Lease, the amount on such date of the Capital Lease Obligation thereunder, or
(b) in the case of any other Sale and Leaseback Transaction, the then present value of the minimum rental obligations under such Sale and Leaseback Transaction during the remaining term thereof (after giving effect to any extensions at the option of the lessor) computed by discounting the respective rental payments at the actual interest factor included in such payments or, if such interest factor cannot be readily determined, at the rate of fourteen percent (14%) per annum. The amount of any rental payment required to be made under any such Sale and Leaseback Transaction not involving a Capital Lease may exclude amounts required to be paid by the lessee on account of maintenance and repairs, insurance, taxes. assessments, utilities, operating and labor costs and similar charges. Benefit Arrangement - means at any time an employee benefit plan within the meaning of Section 3(3) of ERISA which is not a Plan or a Multiemployer Plan and which is maintained or otherwise contributed to by any member of the ERISA Group.
