Equipment Payment Amount definition

Equipment Payment Amount means for any period of determination the sum of all amounts payable during such period of determination under all (i) leases for equipment located at one or more of the Premises other than this Lease and (ii) all loans secured by equipment located at one or more of the Premises.

Equipment Payment Amount means for any period of determination the sum of all amounts payable during such period of determination under all (i) leases for equipment located at one or more of the Premises and (ii) all loans secured by equipment located at one or more of the Premises.

Equipment Payment Amount has the meaning set forth in Section 7.B.

Examples of Equipment Payment Amount in a sentence

• For purposes of this Lease, the term "Aggregate Fixed Charge Coverage Ratio" shall mean with respect to the twelve month period of time ending on the date of calculation, the ratio calculated for such period of time of (a) the sum of Net Income, Depreciation and Amortization, Interest Expense and Operating Lease Expense, less a corporate overhead allocation in an amount equal to 4% of Aggregate Gross Sales, to (b) the sum of the Operating Lease Expense and the Equipment Payment Amount.

• For purposes of this Section, the term "Fixed Charge Coverage Ratio" shall mean with respect to the twelve month period of time immediately preceding the date of determination, the ratio calculated for such period of time of (a) the sum of Net Income, Depreciation and Amortization, Interest Expense and Operating Lease Expense, less a corporate overhead allocation in an amount equal to 5% of Gross Sales, to (b) the sum of the FFCA Payments and the Equipment Payment Amount.

• For purposes of this Section, the term "Fixed Charge Coverage Ratio" shall mean with respect to the twelve month period of time immediately preceding the date of determination, the ratio calculated for such period of time of (a) the sum of Net Income, Depreciation and Amortization, Interest Expense and Operating Lease Expense, less a corporate overhead allocation in an amount equal to 4% of Gross Sales, to (b) the sum of the FFCA Payments, Operating Lease Expense and the Equipment Payment Amount.

• For purposes of this Section, the term "Fixed Charge Coverage Ratio" shall mean with respect to each fiscal year, the ratio calculated for such fiscal year, each as determined in accordance with GAAP, of (a) the sum of Net Income, Depreciation and Amortization, Interest Expense and Operating Lease Expense, less a corporate overhead allocation (equal to the sum of 3% of Gross Sales and 3% of Gross Gas Profits), to (b) the sum of the Lender Payments, Operating Lease Expense and the Equipment Payment Amount.

• For purposes of this Section, the term "Fixed Charge Coverage Ratio" shall mean with respect to the twelve month period of time immediately preceding the date of determination, the ratio calculated for such period of time of (a) the sum of Net Income, Depreciation and Amortization, Interest Expense and Operating Lease Expense, less a corporate overhead allocation in an amount equal to 5% of Gross Sales, to (b) the sum of the FFCA Payments, the Equipment Payment Amount and the Ground Lease Expense.

More Definitions of Equipment Payment Amount

Equipment Payment Amount means for any period of determination the sum of all amounts payable during such period of determination under all (i) leases entered into by Lessee for Personalty located at one or more of the FCCR Properties and (ii) all loans made to Lessee secured by Lessee's interest in the Personalty located at one or more of the FCCR Properties.

Equipment Payment Amount means for any period of determination the sum of all amounts payable during such period of determination under all (i) leases entered into by Lessee and any Permitted Sublessee for equipment located at the Property and (ii) all loans made to Lessee and any Permitted Sublessee secured by Lessee's and Permitted Sublessee's interests in the equipment located at the Property.

Equipment Payment Amount means for any period of determination the sum of all regularly scheduled payments payable during such period of determination under all (i) leases for equipment located at one or more of the Premises, other than operating leases and (ii) all loans secured by equipment located at one or more of the Premises.

Equipment Payment Amount is defined in Section 8.A.

Equipment Payment Amount means for any period of determination the greater of:

Equipment Payment Amount has the meaning set forth in Section 7.J.

Equipment Payment Amount means for any period of determination the sum of all amounts payable during such period of determination under all (i) leases for equipment located at the Substitute Premises and (ii) all loans secured by equipment located at the Substitute Premises.