Operating Lease Expenses means all rent paid in cash, including any percentage rent (but excluding from “rent” any Taxes, insurance, common area maintenance, or other similar charges even if denominated as “rent”), incurred by Borrower with respect to any and all operating leases or subleases (other than the TRS Lease) during the period of determination, all determined in accordance with GAAP.
Operating Lease Expenses means all payments and expenses incurred by Borrower, the TRS Lessee or the applicable Designated Party with respect to each operating lease during the period of determination, all determined in accordance with GAAP.
Operating Lease Expenses means with respect to any Person, for the period in question, the aggregate amount of rental and other expenses incurred by such Person in respect of Operating Leases during such period, all determined in accordance with GAAP.
Examples of Operating Lease Expenses in a sentence
Operating Lease Expenses arising from operating lease agreements are allocated to the Consolidated Profit and Loss Account in the year of accrual.
The agency reports tire leases in this object class rather than as Operating Lease Expenses (5220).
Information on leases as per Accounting Standard 19 on "Accounting for Leases": Operating Lease Expenses: The company has various operating leases for equipments, office facilities and vehicles that are renewable on a periodic basis by mutual consent on mutually agreeable terms and cancellable at its option.
The agency does not report rented and leased tires and tubes under Operating Lease Expenses (5220).
The agency reports tire leases in this object class rather than as Operating Lease Expenses (4210).
More Definitions of Operating Lease Expenses
Operating Lease Expenses means, for any period, the aggregate of all expenditures paid or accrued by Borrower and the Subsidiaries under leases which are not required to be classified and accounted for as capital leases, as determined in accordance with GAAP on a consolidated basis.
Operating Lease Expenses means all cash payments and expenses (excluding, in the case of Sites that are part of a larger retail project, common area maintenance charges and property taxes passed through to the tenant on a proportional basis) with respect to each Lease, if any, and with respect to any and all other operating leases during the period of determination, all determined on a combined basis for Borrower and the Subsidiary Guarantors on a consolidated basis and in accordance with GAAP.
Operating Lease Expenses. Interest Expenses", "Depreciation", "Receivables", "Shareholder Equity", and "Net Income After Taxes" shall have the meanings normally given them by, and shall be calculated, both as to amounts and classifications of items, in accordance with, generally accepted accounting principles, which principles shall be applied on a basis consistent with that applied to the income and expense statements, the balance sheets, and the statements of income and retained earnings furnished to Lender pursuant to Section 4.1.
Operating Lease Expenses means with respect to any Person, for the period in question, the aggregate amount of rental and other expenses incurred by such Person in respect of Operating Leases during such period, all determined in accordance with GAAP. Parent shall mean Schiff Nutrition International, Inc. a Delaware corporation.
Operating Lease Expenses means with respect to any Person, for the period in question, the aggregate amount of rental and other expenses incurred by such Person in respect of Operating Leases during such period, all determined in accordance with GAAP. Other Taxes shall have the meaning ascribed thereto in Section 2.21. PBGC shall mean the Pension Benefit Guaranty Corporation and any entity succeeding to any or all of its functions under ERISA. Pension Plan shall mean a "pension plan," as such term is defined in Section 3(2) of ERISA, which is established or maintained by the Company, any Subsidiary or any ERISA Affiliate, other than a Multi-Employer Plan. Permitted Liens shall mean any of the following:
Operating Lease Expenses means with respect to any Person, for the period in question, the aggregate amount of rental and other expenses incurred by such Person in respect of Operating Leases during such period, all determined in accordance with GAAP. Original Loan Agreement shall have the meaning ascribed thereto in recital A on page 1 of this Agreement. Other Taxes shall have the meaning ascribed thereto in Section 2.11.
Operating Lease Expenses means with respect to any Person, for the period in question, the aggregate amount of rental and other expenses incurred by such Person in respect of Operating Leases during such period, all determined in accordance with GAAP. PBGC shall mean the Pension Benefit Guaranty Corporation and any entity succeeding to any or all of its functions under ERISA. Pension Plan shall mean a "pension plan," as such term is defined in Section 3(2) of ERISA, which is established or maintained by Borrower, any Subsidiary or any ERISA Affiliate, other than a Multi-Employer Plan. Permitted Liens shall mean any of the following: