Total lease obligation definition

Total lease obligation means the sum of all of the fol- lowing with respect to a motor vehicle consumer lease:
Sample 1Sample 2Sample 3
Total lease obligation means the sum of all of the fol- lowing:
Sample 1Sample 2Sample 3
Total lease obligation means the sum of all of the following:
Sample 1

Examples of Total lease obligation in a sentence

  • Total lease obligation over the term of the lease will be approximately $2.4 million.

  • For example: o The ombudsman can request assistance from another ombudsman.

  • Total lease obligation at the beginning of the periodLease obligation acquired on purchase of Earthchild and NaartjieNet lease obligations created/(discharged) during the period 33.1Balance at the reporting dateCurrent portion reflected under trade and other payables 20Non-current portion reflected under non-current liabilitiesOnly those leases that have a fixed or minimum annual rental escalation are taken into account in calculating the straight-line operating lease obligation.

  • The continuity of the lease liabilities is presented in the table below: Balance February 1, 2019 $24,384 Interest accretion expense $3,162 Lease payments made during the period $(7,076) Balance October 31, 2019 $20,470 As at October 31, 2019 Less than one year $11,921 Greater than one year $8,549 Total lease obligation $20,470Cultivar Holdings Inc.

  • Operational leasesThe obligations from operational leases at the end of the reporting period can be specified as follows: 31.12.201931.12.2018 EUR000 EUR000 Due within 1 year8,0407,085Due within 1 and 5 years15,99614,341Due after 5 years 915 1,677 Total lease obligation to third parties 24,951 23,103 The operational leases exist of rent of premises, lease cars and IT materials.

Related to Total lease obligation

  • Capital Lease Obligations of any Person means the obligations of such Person to pay rent or other amounts under any lease of (or other arrangement conveying the right to use) real or personal property, or a combination thereof, which obligations are required to be classified and accounted for as capital leases on a balance sheet of such Person under GAAP, and the amount of such obligations shall be the capitalized amount thereof determined in accordance with GAAP.

  • Capitalized Lease Obligation means an obligation under a lease that is required to be capitalized for financial reporting purposes in accordance with generally accepted accounting principles, and the amount of Indebtedness represented by such obligation shall be the capitalized amount of such obligation determined in accordance with such principles.

  • Synthetic Lease Obligation means the monetary obligation of a Person under (a) a so-called synthetic, off-balance sheet or tax retention lease, or (b) an agreement for the use or possession of property creating obligations that do not appear on the balance sheet of such Person but which, upon the insolvency or bankruptcy of such Person, would be characterized as the indebtedness of such Person (without regard to accounting treatment).

  • Capitalized Lease Obligations of a Person means the amount of the obligations of such Person under Capitalized Leases which would be shown as a liability on a balance sheet of such Person prepared in accordance with Agreement Accounting Principles.

  • Financing Lease Obligation means, as applied to any Person, an obligation that is required to be accounted for as a financing or capital lease (and, for the avoidance of doubt, not a straight-line or operating lease) on both the balance sheet and income statement for financial reporting purposes in accordance with GAAP. At the time any determination thereof is to be made, the amount of the liability in respect of a financing or capital lease would be the amount required to be reflected as a liability on such balance sheet (excluding the footnotes thereto) in accordance with GAAP.

  • Capital Lease means, with respect to any Person, any lease of any property (whether real, personal or mixed) by such Person as lessee that, in accordance with GAAP, would be required to be classified and accounted for as a capital lease on a balance sheet of such Person.

  • Capitalized Lease of a Person means any lease of Property by such Person as lessee which would be capitalized on a balance sheet of such Person prepared in accordance with Agreement Accounting Principles.

  • Funded Debt means all Indebtedness of the Borrower and the Restricted Subsidiaries for borrowed money that matures more than one year from the date of its creation or matures within one year from such date that is renewable or extendable, at the option of such Person, to a date more than one year from such date or arises under a revolving credit or similar agreement that obligates the lender or lenders to extend credit during a period of more than one year from such date, including Indebtedness in respect of the Loans.