Common use of Capitalized Lease Clause in Contracts

Capitalized Lease. A lease under which the discounted future rental payment obligations of the lessee or the obligor are required to be capitalized on the balance sheet of such Person in accordance with GAAP.

Appears in 96 contracts

Samples: Credit Agreement (Wheeler Real Estate Investment Trust, Inc.), Loan Agreement (Republic Property Trust), Master Credit Agreement (Entertainment Properties Trust)

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Capitalized Lease. A As applied to any Person, any lease under which of property by such Person as lessee or obligor, the discounted future rental payment obligations of the lessee or the obligor payments under which are required to be capitalized on the balance sheet of such Person in accordance with GAAPGenerally Accepted Accounting Principles.

Appears in 4 contracts

Samples: Revolving Credit Agreement (United States Cellular Corp), Revolving Credit Agreement (United States Cellular Corp), Revolving Credit Agreement (Telephone & Data Systems Inc /De/)

Capitalized Lease. A lease under which the discounted future rental payment obligations of the lessee or the obligor are required to be capitalized on the balance sheet of such Person in accordance with GAAP. Cash Collateral Account. A special deposit account established by the Agent pursuant to §12.7 and under its sole dominion and control.

Appears in 3 contracts

Samples: Credit Agreement (Highlands REIT, Inc.), Credit Agreement (City Office REIT, Inc.), Credit Agreement (Hertz Group Realty Trust, Inc.)

Capitalized Lease. A lease under which the discounted future rental payment obligations of the lessee or the obligor are required to be capitalized on the balance sheet of such Person in accordance with GAAP. Capitalization Rate. Nine and one quarter percent (9.25%).

Appears in 2 contracts

Samples: Credit Agreement (CoreSite Realty Corp), Credit Agreement (CoreSite Realty Corp)

Capitalized Lease. A lease under which the discounted future rental payment obligations of the lessee or the obligor are required to be capitalized on the balance sheet of such Person in accordance with GAAP. Capitalization Rate. Eight and one half percent (8.50%).

Appears in 2 contracts

Samples: Credit Agreement (CoreSite Realty Corp), Credit Agreement (CoreSite Realty Corp)

Capitalized Lease. A As applied to any Person, any lease under which of property by such ----------- ----- Person as lessee or obligor, the discounted future rental payment obligations of the lessee or the obligor payments under which are required to be capitalized on the balance sheet of such Person in accordance with GAAPGenerally Accepted Accounting Principles.

Appears in 1 contract

Samples: Revolving Credit Agreement (Telephone & Data Systems Inc /De/)

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Capitalized Lease. A With respect to any applicable lessee or obligor, a lease under which the discounted future rental payment obligations of the lessee or the obligor are required to be capitalized on the balance sheet of such Person in accordance with GAAP.

Appears in 1 contract

Samples: Credit Agreement (Monogram Residential Trust, Inc.)

Capitalized Lease. A lease under which the discounted future rental payment obligations of the lessee or the obligor are required to be capitalized on the balance sheet of such Person in accordance with GAAPgenerally accepted accounting principles.

Appears in 1 contract

Samples: Construction Loan Agreement (Republic Property Trust)

Capitalized Lease. A lease under which the discounted future rental payment obligations of the lessee or the obligor are required to be capitalized on the balance sheet of such Person in accordance with GAAP. Capitalization Rate. Nine percent (9.00%).

Appears in 1 contract

Samples: Credit Agreement (CoreSite Realty Corp)

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