Capitalised Lease Obligations definition

Capitalised Lease Obligations 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 will be the capitalised amount of such obligation at the time any determination thereof is to be made as determined in accordance with IFRS, and the Stated Maturity thereof will be the date of the last payment of rent or any other amount due under such lease prior to the first date such lease may be terminated without penalty;

Capitalised Lease Obligations means, with respect to any person, any rental obligation (including, without limitation, any hire purchase payment obligation) which, under the Accounting Principles, would be required to be treated as a finance lease or otherwise capitalised on the books of such person, in accordance with such principles.

Capitalised Lease Obligations means the capitalised amount of a Capitalised Lease determined in accordance with GAAP, and the amount of Indebtedness represented by such obligation will be the capitalised amount of such obligation at the time any determination thereof is to be made as determined in accordance with GAAP, and 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 such lease may be terminated without penalty.

Examples of Capitalised Lease Obligations in a sentence

• Capitalised Lease Obligations means, with respect to any person, any rental obligation under any agreement (including any hire purchase payment agreement) which, under the applicable accounting principles, would be required to be treated as a finance lease or otherwise capitalised in the audited financial statements of that person, but only to the extent of that treatment.

• Capitalised Lease Obligations means the capitalised amount of any rental obligations under a Capitalised Lease in accordance with IFRS, and the Stated Maturity thereof will 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 penalty.

• Capitalised Lease Obligations has the meaning given to that term in Clause 23.1 (Financial definitions).

• Capitalised Lease Obligations means the capitalised amount of any rental obligations under a Capitalised Lease in accordance with PFRS, and the Stated Maturity thereof will 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 penalty.

More Definitions of Capitalised Lease Obligations

Capitalised Lease Obligations means the discounted present value of the rental obligations under a Capitalised Lease.

Capitalised Lease Obligations means the capitalised amount of any rental obligations under a Capitalised Lease in accordance with PFRS, and the Stated Maturity thereof will 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 penalty.

Capitalised Lease Obligations of any person means all rental obligations which, under GAAP, are required to be capitalised on the books of such person, in each case taken at the amount thereof accounted for as indebtedness in accordance with GAAP.

Capitalised Lease Obligations 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 will be the capitalised amount of such obligation at the time any determination thereof is to be made as determined in accordance with IFRS and the stated maturity thereof will be the date of the last payment of rent or any other amount due under such lease prior to the first date such lease may be terminated without penalty

Capitalised Lease Obligations means, at the time any determination is to be made, an obligation that is required to be classified and accounted for as a financial lease for financial reporting purposes on the basis of Accounting Principles. The amount of Indebtedness will be, at the time any determination is to be made, the amount of such obligation required to be capitalised on a balance sheet (excluding any notes thereto) prepared in accordance with Accounting Principles, and the stated maturity thereof will be the date of the last payment of rent or any other amount due under such lease prior to the first date such lease may be terminated without penalty. For the avoidance of doubt, operating leases will not be deemed Capitalised Lease Obligations.

Capitalised Lease Obligations means as to any Person, the obligations of such Person to pay rent or other amounts under a lease of (or other agreement conveying the right to use) real and/or personal property which obligations are required to be classified and accounted for as a capital lease on a balance sheet of such Person under US GAAP and, for the purposes of this Agreement, the amount of such obligations shall be the capitalised amount thereof, determined in accordance with U.S. GAAP.

Capitalised Lease Obligations means with respect to any person, any rental obligation (including any hire purchase payment obligation) which, under the applicable Accounting Principles, would be required to be treated as a Finance Lease or otherwise capitalised in the audited financial statements of that person, but only to the extent of that treatment.