Examples of Rental Expense in a sentence
Rental Expense consists of operating expenses and real estate taxes.
The Estimated Interest Portion of Rental Expense is calculated by using our estimated incremental borrowing rate times the present value of projected operating lease payments.
Maintain a ratio of (i) Consolidated EBITDAR for the four fiscal quarter period ending on such Measurement Date to (ii) the sum of Consolidated Interest Expense and Consolidated Rental Expense for the four fiscal quarter period ending on such Measurement Date of not less than 2.0:1.0.
Rental Expense and Depreciation & Amortization of Property and Equipment Due to fluctuations in the number of tractors leased versus owned, we combine our rental expense with depreciation and amortization of property and equipment for analytical purposes.
Rental Expense consists of operating expenses, real estate taxes and ground rent expense.