Lease Financing Rent Expense definition

Lease Financing Rent Expense means the rent accrued under the Lease; and (iii) "CPLTD" means the current portion of long term debt (excluding balloon payments), in each case, calculated in accordance with generally accepted accounting principles.
Sample 1
Lease Financing Rent Expense means all Basic Rent (as defined in the Existing Lease Credit Agreement) and Basic Rent (as defined herein) payable by BGI and its Subsidiaries, as lessee or sublessee under a Financed Lease and any rent payable by BGI and its Subsidiaries under Ground Leases (as defined in each of the Existing Lease Credit Agreement and herein).
Sample 1
Lease Financing Rent Expense means all Basic Rent (as defined in the Lease Credit Agreement) payable by the Company and its Subsidiaries, as lessee or sublessee under a Financed Lease. LENDERS shall mean the banks and financial institutions named on Schedule 1.01(B) and their respective successors and assigns as permitted hereunder, each of which is referred to herein as a Lender.
Sample 1

Examples of Lease Financing Rent Expense in a sentence

  • Borrower shall, as of the end of each fiscal quarter, maintain a ratio of (a) EBIDA plus Lease Financing Rent Expense to (b) Interest Expense (excluding capitalized interest) plus Lease Financing Rent Expense plus dividends paid on preferred stock plus CPLTD of not less than 2.00 to 1, in each case, as calculated with respect to such fiscal quarter.

  • For any period, an amount equal to the sum of (a) Consolidated EBITDA plus (b) Rent Expense and (c) Lease Financing Rent Expense, in each case of BGI and its Subsidiaries for such period determined in accordance with GAAP.

  • Any amendment, modification, termination, waiver or consent effected in accordance with this Section 9.5 shall be binding upon the Lenders at the time outstanding, each future Lender and, if signed by a Credit Party or Guarantor, upon such Credit Party or Guarantor.


More Definitions of Lease Financing Rent Expense

Lease Financing Rent Expense has the meaning set forth in Section 7.14.
Sample 1
Lease Financing Rent Expense means all Basic Rent payable by the Company and its Subsidiaries, as lessee or sublessee under a Lease.
Sample 1
Lease Financing Rent Expense means all Basic Rent (as defined herein) and Basic Rent (as defined in the New Master Agreement) payable by the Company and its Subsidiaries, as lessee or sublessee under a Financed Lease and any rent payable by the Company and its Subsidiaries under Ground Leases (as defined in each of the Credit Agreement and the New Master Agreement).
Sample 1
Lease Financing Rent Expense means all Basic Rent (as defined in the Lease Credit Agreement and the Supplemental Lease Financing Agreements (or if the term Basic Rent is not defined in the Supplemental Lease Financing Agreements, as the amount represented by Basic Rent as defined in the Lease Credit Agreement is otherwise defined in the Supplemental Lease Financing Agreements)) payable by the Company and its Subsidiaries, as lessee or sublessee under a Financed Lease. Restricted Subsidiary shall mean individually and Restricted Subsidiaries shall mean collectively any Subsidiary of the Company (other than Unrestricted Subsidiaries) of which 50% or more of the outstanding shares of capital stock, partnership interests or membership interests are owned by the Company (whether directly or through one or more Subsidiaries of the Company).
Sample 1

Related to Lease Financing Rent Expense

  • Rent Expense means, for any Person for any period of determination, such Person’s operating lease expense computed in accordance with GAAP, including, without limitation, all contingent rentals, but excluding all common area maintenance expenses.

  • Consolidated Rent Expense means, for any period, the rental expense attributable to leases of real property that is deducted in determining Adjusted Consolidated Net Income for such period, determined on a consolidated basis in accordance with GAAP. Consolidated Rent Expense shall be determined on a pro forma basis to give effect to any Material Specified Transaction occurring during such period as if such transactions had occurred on the first day of such period.

  • Operating Lease Obligations means all obligations for the payment of rent for any real or personal property under leases or agreements to lease, other than Capitalized Lease Obligations.

  • Rental Fee A fee charged by the Contractor for the rental of a compactor or roll-off container.

  • Financing Lease Obligation means, as applied to any Person, an obligation that is required to be accounted for as a financing or capital lease (and, for the avoidance of doubt, not a straight-line or operating lease) on both the balance sheet and income statement for financial reporting purposes in accordance with GAAP. At the time any determination thereof is to be made, the amount of the liability in respect of a financing or capital lease would be the amount required to be reflected as a liability on such balance sheet (excluding the footnotes thereto) in accordance with GAAP.

  • Consolidated Rental Expense means, for any period, on a consolidated basis for the Company and its Subsidiaries, the aggregate amount of fixed and contingent rentals payable in cash by the Company and its Subsidiaries with respect to leases of real and personal property (excluding capital lease obligations) determined in accordance with GAAP for such period (subject to Section 1.04(b)).

  • Current Expenses means operating costs other than personal services and shall not

  • Operating Lease Expense means the sum of all payments and expenses incurred by a Person, under any operating leases during the period of determination, as determined in accordance with GAAP.

  • Non-Financing Lease Obligation means a lease obligation that is not required to be accounted for as a financing or capital lease in accordance with GAAP. For the avoidance of doubt, a straight-line or operating lease shall be considered a Non-Financing Lease Obligation.

  • Rental Expense means, with respect to any period, the aggregate amount of rental payments made by the Company and its Subsidiaries (determined on a consolidated basis) for such period with respect to operating leases.

  • Financing Costs means for each calendar day the product of:

  • Lease Rentals means, for any period, the aggregate amount of fixed rental or operating lease expense payable by the Company and its Restricted Subsidiaries with respect to leases of real and personal property (excluding Capital Lease Obligations) determined in accordance with GAAP.

  • Leasing Costs means, with respect to a particular Lease, all capital costs, expenses incurred for capital improvements, equipment, painting, decorating, partitioning and other items to satisfy the initial construction obligations of the landlord under such Lease (including any expenses incurred for architectural or engineering services in respect of the foregoing), “tenant allowances” in lieu of or as reimbursements for the foregoing items, payments made for purposes of satisfying or terminating the obligations of the tenant under such Lease to the landlord under another lease (i.e., lease buyout costs), relocation costs, temporary leasing costs, leasing commissions, brokerage commissions, legal, design and other professional fees and costs, in each case, to the extent the landlord is responsible for the payment of such cost or expense under the relevant Lease or any other agreement relating to such Lease.

  • Parent Expenses means (i) costs (including all professional fees and expenses) incurred by any Parent in connection with maintaining its existence or in connection with its reporting obligations under, or in connection with compliance with, applicable laws or applicable rules of any governmental, regulatory or self-regulatory body or stock exchange, this Indenture or any other agreement or instrument relating to Indebtedness of the Company or any Restricted Subsidiary, including in respect of any reports filed with respect to the Securities Act, the Exchange Act or the respective rules and regulations promulgated thereunder, (ii) expenses incurred by any Parent in connection with the acquisition, development, maintenance, ownership, prosecution, protection and defense of its intellectual property and associated rights (including trademarks, service marks, trade names, trade dress, domain names, social media identifiers and accounts, patents, copyrights and similar rights, including registrations and registration or renewal applications in respect thereof; inventions, processes, designs, formulae, trade secrets, know-how, confidential information, computer software, data, databases and documentation, and any other intellectual property rights; and licenses of any of the foregoing) to the extent such intellectual property and associated rights relate to the business or businesses of the Company or any Subsidiary thereof, (iii) indemnification obligations of any Parent owing to directors, officers, employees or other Persons under its charter or by-laws or pursuant to written agreements with or for the benefit of any such Person, or obligations in respect of director and officer insurance (including premiums therefor), (iv) other administrative and operational expenses of any Parent incurred in the ordinary course of business, and (v) fees and expenses incurred by any Parent in connection with any offering of Capital Stock or Indebtedness, (w) which offering is not completed, or (x) where the net proceeds of such offering are intended to be received by or contributed or loaned to the Company or a Restricted Subsidiary, or (y) in a prorated amount of such expenses in proportion to the amount of such net proceeds intended to be so received, contributed or loaned, or (z) otherwise on an interim basis prior to completion of such offering so long as any Parent shall cause the amount of such expenses to be repaid to the Company or the relevant Restricted Subsidiary out of the proceeds of such offering promptly if completed.

  • Consolidated Rental Payments means, for any period, the aggregate amount of all rents paid or payable by Company and its Subsidiaries on a consolidated basis during that period under all Capital Leases and Operating Leases to which Company or any of its Subsidiaries is a party as lessee.

  • Management Expenses means expenses, costs and charges necessarily and reasonably incurred in the management of the Development provided in this Deed which, except for the purpose of Clause 4.3 of Section IV of this Deed, shall include the Manager’s Remuneration;

  • Ground Rent means any rent, additional rent or other charge payable by the tenant under the Ground Lease.

  • Project financing gap means the part of the total project cost,

  • Financing Costs Adjustment Date means each of the following days:

  • Financing Lease any lease of property, real or personal, the obligations of the lessee in respect of which are required in accordance with GAAP to be capitalized on a balance sheet of the lessee.

  • Consolidated Maintenance Capital Expenditures means, for any period, the aggregate amount of expenditures for additions to property, plant, and equipment that are not Consolidated Expansion Capital Expenditures.

  • Capital Expenses expenses that are capital in nature or required under GAAP to be capitalized.

  • Cash Expenses means, for any period, the Operating Expenses for the operation of the Property as set forth in an Approved Annual Budget to the extent that such expenses are actually incurred by Borrower minus any payments into the Tax and Insurance Escrow Fund.

  • Base Monthly Rent means the fixed monthly rent payable by Tenant pursuant to Section 3.1 which is specified in Section K of the Summary.

  • Approved Operating Expenses means Operating Expenses incurred by Borrower which (i) are included in the Approved Annual Budget for the current calendar month, (ii) are for real estate taxes, insurance premiums, electric, gas, oil, water, sewer or other utility service to the Property, (iii) if applicable, are for property management fees payable to Manager under the Management Agreement, such amounts not to exceed three percent (3.0)% of the monthly Gross Revenue, (iv) or (v) have otherwise been approved by Lender.

  • Additional Rents means amounts payable under any Lease for (i) the payment of additional rent based upon a percentage of the Tenant’s business during a specified annual or other period (sometimes referred to as “percentage rent”), (ii) so-called common area maintenance or “CAM” charges, and (iii) so called “escalation rent” or additional rent based upon such tenant’s allocable share of insurance, real estate taxes or operating expenses or labor costs or cost of living or xxxxxx’x wages or otherwise.