Capitalised Lease means, as applied to any Person, any lease of any property (whether real, personal or mixed) of which the discounted present value of the rental obligations of such Person as lessee, in conformity with GAAP, is required to be capitalised on the balance sheet of such Person.

Capitalised Lease means, with respect to any Person, any lease of any property (whether real, personal or mixed) which, in conformity with GAAP, is required to be capitalised on the balance sheet of such Person.

Capitalised Lease means a lease under which the discounted future rental payment obligations of the lessee or the obligor are required to be capitalised on the balance sheet of such person in accordance with IFRS;

Examples of Capitalised Lease in a sentence

The Municipality as lesseeLeasing arrangements: Capitalised Lease Liabilities relate to office equipment with lease terms of five years (2010: five years).The effective interest rate on finance leases is between 13.97 % and 24.86 % (2010: 13.97 % and 21.53 %).
Capitalised Lease Liabilities are secured over the items of copier machines leased.Refer to Appendix "A" for more detail on Long-term Liabilities.
It is acknowledged by all parties that the restructuring of the security may include the granting of second priority security to secure the relevant Capitalised Lease Obligation and the Swap Banks acknowledge that their second priority rights to the Mortgaged Ships shall be postponed and/or replaced with alternative security acceptable to the Swap Banks to be agreed at the relevant time.
Capitalised Lease Liabilities are secured over the items of vehicles leased.
Every completed vessel owned by or, pursuant to a Capitalised Lease Obligation, chartered to any member of the Stena AB Group (for the purposes of this Clause 14.21, a "RELEVANT VESSEL") shall be valued in the manner and at the times specified below.

More Definitions of Capitalised Lease

Capitalised Lease means a lease with respect to which the obligation for rentals is required to be capitalised on a consolidated balance sheet of the lessee and its subsidiaries;

Capitalised Lease means, as applied to any Person, any lease of any property (whether real, personal or mixed) of which the discounted present value of the rental obligations of such Person as lessee, in conformity with GAAP or IFRS as in effect at the Issue Date, as applicable, is required to be capitalised on the balance sheet of such Person;

Capitalised Lease means, with respect to any Person, any lease of any property (whether real, personal or mixed) which, in conformity with PFRS, is required to be capitalised on the balance sheet of such Person. For the purpose of Condition 4.7, a Capitalised Lease will be deemed to be secured by a Lien on the property being leased.

Capitalised Lease means any lease of any property (whether real, personal or mixed), of which the discounted present value of the rental obligations of the lessee, in conformity with GAAP, are required to be capitalised on the balance sheet of such lessee; the Stated Maturity thereof shall be the date of the last payment of rent or any other amount due under such lease prior to the first date upon which such lease may be terminated by the lessee without payment of a penalty; and “Capitalised Lease Obligations” means the rental obligations, as aforesaid, under such lease.

Capitalised Lease of a Person means any lease of assets by such Person as lessee which would be capitalised on a balance sheet of such Person prepared in accordance with GAAP.

Capitalised Lease of a person means any lease of an asset by such person as lessee which would be capitalised on a balance sheet of such person prepared in accordance with Agreement Accounting Principles.

Capitalised Lease means, with respect to any Person, any lease of any property (whether real, personal or mixed) of which the discounted present value of the rental obligations of such Person as lessee is, under GAAP, required to be capitalised on the balance sheet of such Person;