Operating Lease Rentals definition

Operating Lease Rentals means, with respect to any period, the sum of the minimum amount of rental and other obligations required to be paid during such period by the Company or any Restricted Subsidiary as lessee under all leases of real or personal property (other than Capital Leases), excluding any amounts required to be paid by the lessee (whether or not therein designated as rental or additional rental) (a) which are on account of maintenance and repairs, insurance, taxes, assessments, water rates and similar charges, or (b) which are based on profits, revenues or sales realized by the lessee from the leased property or otherwise based on the performance of the lessee.
Operating Lease Rentals means the periodic expense for the portion of obligations with respect to non-capital leases determined on a consolidated basis in accordance with GAAP.
Operating Lease Rentals means, as of the date of any determination, the aggregate Operating Lease Rental of all Operating Leases as of such date.

Examples of Operating Lease Rentals in a sentence

  • The Group as Lessee (Operating Lease) Rentals paid under operating leases are charged to the CIES as an expense of the services benefiting from use of the leased property, plant or equipment.

  • Not, and not permit any Subsidiary to, become obligated, as lessee, under any lease of real or personal property if at the time of entering into such lease and after giving effect thereto the aggregate Operating Lease Rentals would exceed 20% of Consolidated Indebtedness.

  • The Borrower’s Operating Lease Rentals incurred during the calendar year as of the Compliance Date were $ _____________.

  • Not, and not permit any Subsidiary to, become ------ obligated, as lessee, under any lease of real or personal property if at the time of entering into such lease and after giving effect thereto the aggregate Operating Lease Rentals would exceed 20% of Consolidated Indebtedness.

  • Operating Lease Rentals are expensed with reference to lease terms and other considerations Investments Investments are classified into current and non-current investments.


More Definitions of Operating Lease Rentals

Operating Lease Rentals means, as applied to the Borrowers and their ----------------------- Restricted Subsidiaries for any period, the total amount (whether designated as rentals or additional or supplemental rentals or otherwise) payable as lessee under all Operating Leases during such period, including amounts so payable during such period by reason of a lease termination or a surrender of property but excluding amounts so payable on account of maintenance, ordinary repairs, insurance, taxes, assessments and other charges which cover the cost of, or reimburse the lessor for, costs related to the applicable Operating Lease or the property subject thereto or to the use, holding or operation thereof.
Operating Lease Rentals means all rents and other amounts paid or accrued by the Borrower and its Subsidiaries under and with respect to operating Leases during and for the relevant period, but excluding periodic maintenance, insurance, taxes and similar charges not properly characterized as rent under GAAP.
Operating Lease Rentals means the rentals payable under any lease of real or personal property that would not be capitalized on a balance sheet of the Borrower prepared in accordance with GAAP.
Operating Lease Rentals means, with reference to any period, all fixed rents or charges (including as such all payments which the lessee is obligated to make on termination of the lease or surrender of the property) payable by the Company and its Subsidiaries (as lessee, sublessee, license, franchisee or the like) under all leases, licenses, or other agreements for the use or possession of real or personal property, tangible or intangible (except Capital Leases) having a term of more than one year (whether as an initial term or any extension or renewal thereof and including options to renew or extend any term, whether or not exercised), during such period, of the Company and its Subsidiaries for such period (taken as a cumulative whole), as determined in accordance with GAAP, after eliminating all offsetting debits and credits between the Company and its Subsidiaries and all other items required to be eliminated in the course of the preparation of consolidated financial statements of the Company and its Subsidiaries in accordance with GAAP.
Operating Lease Rentals means the sum of the rental and other obligations required to be paid by the lessee under an Operating Lease excluding any amount required to be paid by the lessee (whether or not therein designated as rental or additional rental) on account of maintenance, repairs, insurance, taxes, assessments, water rates and similar charges.
Operating Lease Rentals means, as of the date of any determination, the aggregate Operating Lease Rental of all Operating Leases as of such date. Participant - see Section 13.4.2. ----------- -------------- Payment Office means the New York Branch of UBS which, as of the date -------------- hereof, is at 000 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000-0000 Attn: Xxxxx Xxxxxxx.
Operating Lease Rentals means all rents and other amounts paid or accrued by the Borrower and its Subsidiaries under and with respect to Operating Leases during and for the relevant period, but excluding periodic maintenance, insurance, taxes and similar charges not properly characterized as rent under generally accepted accounting principles.