Capitalised Lease Obligation means, at the time any determination thereof is to be made, the amount of the liability in respect of a capital lease that would at such time be required to be capitalised and reflected as a liability on a balance sheet (excluding the footnotes thereto) in accordance with IFRS and excluding, for the avoidance of doubt, any cash expenditure arising from an operating lease or lease which, in accordance with IFRS, is treated as an operating lease;
Capitalised Lease Obligation of any person means the obligation to pay rent or other payment amounts under a lease of (or other Borrowed Money arrangements conveying the right to use) real or personal property which is required to be classified and accounted for as a capitalised lease or a liability on the face of a balance sheet of such person in accordance with U.S. GAAP or the generally accepted accounting principles of any other Relevant Jurisdiction, as the case may be;
Capitalised Lease Obligation means, at the time any determination thereof is to be made, the amount of the liability in respect of a capital lease that would at such time be required to be capitalised and reflected as a liability on a balance sheet (excluding the footnotes thereto) in accordance with GAAP.
Examples of Capitalised Lease Obligation in a sentence
Interest on a Capitalised Lease Obligation shall be deemed to accrue at an interest rate determined in good faith by a responsible financial or accounting officer of the Issuer to be the rate of interest implicit in such Capitalised Lease Obligation in accordance with IFRS.
More Definitions of Capitalised Lease Obligation
Capitalised Lease Obligation means, as to any Person, the obligations of such Person under a lease that are required to be classified and accounted for as capital lease obligations under IFRS and, for the purposes of this definition, the amount of such obligations at any date shall be the capitalised amount of such obligations at such date, determined in accordance with IFRS;
Capitalised Lease Obligation means an obligation that is required to be classified and accounted for as a capitalised lease for financial reporting purposes in accordance with GAAP. The amount of Indebtedness represented by such obligation shall be the capitalised amount of such obligation determined in accordance with GAAP. 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.
Capitalised Lease Obligation of any person means:-
Capitalised Lease Obligation means an obligation that is required to be classified and accounted for as a capitalised lease for financial reporting purposes in accordance with IFRS, and the amount of indebtedness represented by such obligation shall be the capitalised amount of such obligation at the time any determination thereof is to be made as determined in accordance with IFRS, under such lease prior to the first date such lease may be terminated without penalty.
Capitalised Lease Obligation means, of any Person, the obligations of such Person to pay rent or other amounts under any lease of (or other arrangement conveying the right to use) real or personal property, or a combination thereof, which obligations are required to be classified and accounted for as capital leases on a balance sheet of such Person under GAAP and, for purposes hereof, the amount of such obligations at any time shall be the capitalised amount thereof at such time determined in accordance with GAAP.
Capitalised Lease Obligation means that portion of the obligations under a Capital Lease that is required to be capitalised in accordance with US GAAP.
Capitalised Lease Obligation means any rental obligation which, under generally accepted accounting principles, would be required to be capitalised on the books of the Borrower or any of its subsidiaries, taken at the amount thereof accounted for as Indebtedness (net of interest expense) in accordance with such principles;