Non-Financing Lease Obligation definition

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.
Non-Financing Lease Obligation means a lease obligation that is not required to be accounted for as a financing or capital lease on both the balance sheet and the income statement for financial reporting purposes in accordance with GAAP. For the avoidance of doubt, a straight-line or operating lease shall be considered a Non-Financing Lease Obligation.
Non-Financing Lease Obligation means, as to any Person, the obligations of such Person under a Non-Financing Lease.

Examples of Non-Financing Lease Obligation in a sentence

  • A straight-line or operating lease shall be considered a Non-Financing Lease Obligation.

  • For avoidance of doubt, a straight-line or operating lease shall be considered a Non-Financing Lease Obligation.

  • The Indebtedness of any Person shall include the Indebtedness of any other entity (including any partnership in which such Person is a general partner) to the extent such Person is liable therefor as a result of such Person’s ownership interest in or other relationship with such entity, except to the extent the terms of such Indebtedness provide that such Person is not liable therefor; provided that “Indebtedness” shall be calculated to exclude any Non-Financing Lease Obligation.

  • For the avoidance of doubt, a straight-line or operating lease shall be considered a Non-Financing Lease Obligation.

  • For the avoidance of doubt, a straight line or operating lease shall be considered a Non-Financing Lease Obligation.


More Definitions of Non-Financing Lease Obligation

Non-Financing Lease Obligation of any Person means a lease obligation of such Person that is not an obligation in respect of a Finance Lease Obligation. A straight-line or operating lease shall be considered a Non-Financing Lease Obligation.
Non-Financing Lease Obligation means a lease obligation that is not required to be accounted for as a finance or capital lease in accordance with GAAP. For the avoidance of doubt, an operating lease shall be considered a Non-Financing Lease Obligation.
Non-Financing Lease Obligation means, as to any Person, the obligations of such Person under a Non-Financing Lease. “Non-Recourse Debt” means Indebtedness:
Non-Financing Lease Obligation means a lease obligation that is not required to be accounted for as a financing or capital lease on both the balance sheet and the income statement for financial reporting purposes in accordance with GAAP. For the avoidance of doubt, a straight-line or operating lease (including any lease that would not have been a capital lease under GAAP prior to giving effect to FASB ASC 842 (or any similar accounting principle)) shall be considered a Non-Financing Lease Obligation.
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 in effect as of January 1, 2015 (whether or not such operating lease was in effect on such date). For the avoidance of doubt, a straight-line or operating lease shall be considered a Non-Financing Lease Obligation.
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; provided that all obligations of the Issuer and its Restricted Subsidiaries that are or would be characterized as an operating lease as determined in accordance with GAAP as in effect on January 1, 2015 (whether or not such operating lease was in effect on such date) shall continue to be accounted for as an operating lease (and not as a Capitalized Lease Obligation) for purposes of this Indenture regardless of any change in GAAP following January 1, 2015 (that would otherwise require such obligation to be recharacterized as a Capitalized Lease Obligation). For the avoidance of doubt, a straight-line or operating lease shall be considered a Non-Financing Lease Obligation.
Non-Financing Lease Obligation means a lease obligation that is not required to be accounted for as a financing or capital lease on both the balance sheet and the income statement for financial reporting purposes in accordance with GAAP. For all purposes of this Agreement, an operating lease (including any lease that would not have been a Capitalized Lease under GAAP as of December 31, 2018) shall be considered a Non-Financing Lease Obligation.