Capital Lease. The term “Capital Lease” shall mean any lease of Property which, in accordance with GAAP, is required to be capitalized on the balance sheet of the lessee.
Appears in 3 contracts
Samples: Loan Agreement (Capricor Therapeutics, Inc.), Loan Agreement (Stemcells Inc), Loan Agreement (Stemcells Inc)
Capital Lease. The term “"Capital Lease” " shall mean any lease of Property whichproperty, real or personal, the obligations of the lessee in respect of which are required in accordance with GAAP, is required generally accepted accounting principles to be capitalized on the balance sheet of the lessee.
Appears in 3 contracts
Samples: Employment Agreement (Kranzco Realty Trust), Employment Agreement (Cv Reit Inc), Agreement and Plan of Merger (Union Property Investors Inc)
Capital Lease. The term “"Capital Lease” " shall mean any a lease of Property whichwith respect to which the lessee's obligations thereunder should, in accordance with GAAP, is required to be capitalized and reflected as a liability on the balance sheet of the lessee.
Appears in 2 contracts
Samples: Loan and Investment Agreement (Compudyne Corp), And Investment Agreement (William Blair Mezzanine Capital Partners Ii LLC /Adv)
Capital Lease. The term “Capital Lease” shall mean " means any lease of Property any property ------------- (whether real, personal, or mixed) which, in accordance conformity with GAAP, is required to be capitalized accounted for as a capital lease on the balance sheet of the lessee.
Appears in 1 contract
