Operating Lease Payments definition

Operating Lease Payments means all amounts payable under any lease or rental agreement (other than obligations under capital leases) during the period in question (but excluding, in any event, amounts paid in respect of taxes, utilities, insurance, common area maintenance and other like charges associated with the lease and rental of real and personal property).

Operating Lease Payments means, for any period, amounts recorded or required to be recorded as operating lease expenses on consolidated financial statements of the Borrower prepared in accordance with GAAP plus, to the extent not otherwise included therein, payments by the Borrower or any Subsidiary during such period pursuant to Guarantees of operating leases of Franchisees or other Persons.

Operating Lease Payments means, for any Person during any period, all payments required to be made by such Person during such Period in respect of leases by such Person as lessee of Equipment Inventory, excluding any payment under any Capital Lease Obligation as lessee of such Equipment Inventory.

Examples of Operating Lease Payments in a sentence

• The ratio of (A) EBITDAR for any ---------------------------- consecutive four quarter period to (B) the sum of (i) Interest Expense, Operating Lease Payments, all income taxes (but only to the extent actually paid during such period), dividends (but only to the extent actually paid during such period) and (ii) Current Maturities of Hibbett and the Consolidated Entities on a consolidated basis at the end of such period shall not be less than 1.25 to 1.0 at any time.

• The future minimum lease payments due under non-cancellable leases in future years are: Operating Lease Payments 31st March 201531st March 2014 The expenditure charged to the Comprehensive Income and Expenditure Statement during the year in relation to these leases was: 2014/20152013/2014 The Authority as Lessor The Council has granted various property leases including the lease of the Sandcastle Waterpark to Blackpool Operating Company Limited.

• To the extent payable under the terms ------------------------ of the Base Case Financial Model, XXX shall make Operating Lease Payments to SRP consistent with the following: (a) Operating Lease Payments shall be due and payable thirty (30) days after the end of each calendar quarter; (b) an Operating Lease Payment shall not be considered late if paid within fifteen (15) days after it is due; and (c) each late payment will bear interest at the rate of 12% per annum until paid.

• In determining the numerator of the Fixed Charge Coverage Ratio, (i) EBITDA and Historical Operating Lease Payments shall each be determined as of the last day of each month for the twelve month period ending on such date.

• The following table summarizes the Corporation’s contractual obligations with these contracts with the exception of its debt related obligations: Up to 1 year1-5 yearsOver 5 yearsTotal Operating Lease Payments 689 1,561 157 2,407Other operating commitments7,12021,72416,64145,485 7,80923,28516,79847,892 A summary of the Corporation’s minimum future interest and principal payments for its debt and Convertible Debentures as at December 31, 2018, can be found in Note 8.

More Definitions of Operating Lease Payments

Operating Lease Payments means the rent due and payable to Borrower under the Operating Leases, including, without limitation, all Base Rent, Basic Rent and all Percentage Rent but excluding Additional Rent (as each term is defined in the Operating Leases).

Operating Lease Payments other than under leases of real property, make a payment under any hire agreement, credit sale agreement, hire purchase agreement, conditional sale agreement or instalment sale and purchase agreement which is not a Finance Lease if the aggregate of all such payments made by the Group Companies will exceed, in any Financial Year of Newco, pounds sterling 200,000

Operating Lease Payments. For any period, all payments consisting ------------------------ of monthly base rent and percentage of revenue or earnings made by the Borrower and the Subsidiaries, on a consolidated basis, during such period under Operating Leases.

Operating Lease Payments means all rent (including, without limitation, base rent and additional rent) and all other charges due and payable by Operating Lessee to Borrower pursuant to the Operating Lease.

Operating Lease Payments means, for any period, the aggregate payments due during such period on all operating leases of Amtran or any of its Affiliates which individually originally have (or had) aggregate payments paid or payable, from the original commencement of such lease until its expiry, in excess of Two Hundred Fifty Thousand and 00/100 Dollars ($250,000.00).

Operating Lease Payments. Rent and other payments made pursuant to any lease of (or other agreement conveying the right to use) real and/or personal property other than a Capitalized Lease (an “Operating Lease”)

Operating Lease Payments means, for any period, the aggregate rental expense of the Borrowers and the Guarantors for such period in respect of all rent obligations under Operating Leases. [Fourth Amendment]