Annual Rent Expense means, as of the end of each Fiscal Year (the “Relevant Fiscal Year”) and the end of each of the first three Fiscal Quarters of the next Fiscal Year, the total rent expense (net of sublease income) of the Company and its Consolidated Subsidiaries for the Relevant Fiscal Year, calculated in the same manner as the $547,000,000 amount shown as such total rent expense (net of sublease income) for Fiscal year 2003 under the heading “Leases” on page 43 of the Company’s 2003 Annual Report to its shareholders.

Annual Rent Expense means, for purposes of calculations pursuant to Section 5.10 as of the end of each Fiscal Year (the "Relevant Fiscal Year") and the end of each of the first three Fiscal Quarters of the next Fiscal Year, the total rent expense (net of sublease income) of the Borrower and its Consolidated Subsidiaries for the Relevant Fiscal Year, calculated in the same manner as the $693,000,000 amount shown as such total rent expense (net of sublease income) for Fiscal Year 1995 under the heading "Leases" on page 29 of the Borrower's 1995 Annual Report to its shareholders.

Annual Rent Expense means, as of the end of each Fiscal Year (the "RELEVANT FISCAL YEAR") and the end of each of the first three Fiscal Quarters of the next Fiscal Year, the total rent expense (net of sublease income) of the Company and its Consolidated Subsidiaries for the Relevant Fiscal Year, calculated in the same manner as the $475,000,000 amount shown as such total rent expense (net of sublease income) for Fiscal Year 2000 under the heading "LEASES" on page 40 of the Company's 2000 Annual Report to its shareholders.

Examples of Annual Rent Expense in a sentence

The Deferred Space shall be leased by Tenant pursuant to all the terms and conditions of the Lease, except that the financial terms and conditions (i.e. Minimum Annual Rent, Expense Excess and Tax Excess) for the Deferred Space shall be as follows: 1.

More Definitions of Annual Rent Expense

Annual Rent Expense means, as of the end of each Fiscal Year (the "Relevant Fiscal Year") and the end of each of the first three Fiscal Quarters of the next Fiscal Year, the total rent expense (net of sublease income) of the Borrower and its Consolidated Subsidiaries for the Relevant Fiscal Year, calculated in the same manner as the $693,000,000 amount shown as such total rent expense (net of sublease income) for Fiscal Year 1995 under the heading "Leases" on page 29 of the Borrower's 1995 Annual Report to its shareholders, subject to the provisions of Section 1.02(b).

Annual Rent Expense means, for any twelve month period, the aggregate rent expense of Borrowers for such period with respect to the real estate leased by Borrowers.

Annual Rent Expense means, for purposes of calculations pursuant to Section 5.10 as of the end of each Fiscal Year (the "Relevant Fiscal Year") and the end of each of the first three Fiscal Quarters of the next Fiscal Year, the total rent expense (net of sublease income) of the Borrower and its Consolidated Subsidiaries for the Relevant Fiscal Year, calculated in the same manner as the $611,000,000 amount shown as total rent expense (net of sublease income) for Fiscal Year 1997 in Note 14 ("Leases") to the audited financial statements of the Borrower contained in the Borrower's 1997 Form 10-K. (NY) 27009/335/CA/ca.98

Annual Rent Expense means the Company’s annual rent expense for its most recently completed fiscal year, as reported in the Company’s income statement prepared in accordance with GAAP, or the notes thereto, for such fiscal year.

Annual Rent Expense means on any date the aggregate of all Rent Expense for the immediately preceding four consecutive Fiscal Quarters.

Annual Rent Expense. “APM Eligible Proceeds” “APM Notice Date”

Annual Rent Expense means, as of the end of each Fiscal Quarter, the total rent expense (net of sublease income) of the Company and its Consolidated Subsidiaries for the period of four Fiscal Quarters then ended,calculated in the same manner as the $688,000,000 amount shown as such total rent expense (net of sublease income) for Fiscal Year 2007 under the heading “Leases” on page 46 of the Company’s 2007 Annual Report to its shareholders.