Certain Lease Obligations Sample Clauses

Certain Lease Obligations. A. Leases Other than Capitalized Leases Aggregate fixed rental obligations for fiscal year $ -------------- Minus payments required in respect of taxes and insurance-(if ( ) -------------- included above) Total (may not exceed $8,000,000) $ -------------- 75k
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Certain Lease Obligations. Notwithstanding Sections 3.9(a)(i) and (ii), each of ABX and DHL (and their respective Affiliates, as applicable) shall remain obligated under the terms of each Aircraft Lease Agreement for the costs of complying with Airworthiness Directives and for the costs of satisfying the return condition requirements upon the termination or expiration of each such Aircraft Lease Agreement, in each case, to the extent provided therein.
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Certain Lease Obligations. All obligations of either Deckxx xx Van Houten under the Personal Property Leases arising and to be performed on or after the Closing Date, including obligations of either Deckxx xx Van Houten under leases for Vehicles and those certain operating leases for rolling stock in favor of Meridian Leasing, Inc., Moretran Leasing Corporation and Van Houten arising prior to the Closing Date as are specifically listed in Section 1.02(a)(iii) of the Disclosure Schedule (which shall not be counted toward the $11,400,000 limitation contained in paragraph (a) above); provided, however, that any such other obligations to be performed prior to the Closing Date shall be excluded;
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Certain Lease Obligations. 29 -ii- TABLE OF CONTENTS (cont'd) Section Page 7. Conditions to Closing................................................29 7.1. Conditions of the Transferee's Obligation to Close..........29 7.2. Conditions of the Transferors' Obligation to Close..........30
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Certain Lease Obligations. From and after the Closing, the Transferee shall indemnify and defend Xxxxxx X. Xxxxxx and Xxxxxxx Xxxxxx (collectively, the "Coopers") against, and hold the Coopers harmless from, any damage, loss, liability, obligation, or expense (including, without limitation, reasonable attorneys' fees and disbursements) which the Coopers may suffer or incur based upon or resulting from the failure of the Company to satisfy any of its obligations under any of the equipment leases set forth on Schedule 6.12 hereto (the "Identified Leases"); provided, however, that the foregoing indemnification with respect to any Indemnified Lease shall not apply to the extent that the Company is in default under such Indemnified Lease as of the Closing Date. In addition, following the Closing, the Transferee shall use its commercially reasonable efforts to cause the Coopers to be released as soon as reasonably practicable from all personal guaranties they have previously provided in favor of the applicable lessors with respect to the Identified Leases.
Sample 1

Related to Certain Lease Obligations

  • Operating Lease Obligations On the Effective Date, none of the Loan Parties has any Operating Lease Obligations other than the Operating Lease Obligations set forth on Schedule 6.01(q).

  • Capital Lease Obligations With respect to any Person, the obligations of such Person to pay rent or other amounts under any Capitalized Lease.

  • Lease Obligations The Company shall not, and shall not suffer or permit any Subsidiary to, create or suffer to exist any obligations for the payment of rent for any property under lease or agreement to lease, except for:

  • Capitalized Lease Obligations Sale and Leaseback Transactions, export credit facilities with a maturity of at least one year and Purchase Money Indebtedness of, including Guarantees of any of the foregoing by, the Issuer and/or any Restricted Subsidiary, in an aggregate principal amount at any one time outstanding not to exceed U.S.$1 billion;

  • Recourse Obligations The Mortgage Loan documents for each Mortgage Loan (a) provide that such Mortgage Loan becomes full recourse to the Mortgagor and guarantor (which is a natural person or persons, or an entity or entities distinct from the Mortgagor (but may be affiliated with the Mortgagor) that collectively, as of the date of origination of the related Mortgage Loan, have assets other than equity in the related Mortgaged Property that are not de minimis) in any of the following events (or negotiated provisions of substantially similar effect): (i) if any petition for bankruptcy, insolvency, dissolution or liquidation pursuant to federal bankruptcy law, or any similar federal or state law, shall be filed by, consented to, or acquiesced in by, the Mortgagor; (ii) the Mortgagor or guarantor shall have solicited or caused to be solicited petitioning creditors to cause an involuntary bankruptcy filing with respect to the Mortgagor or (iii) voluntary transfers of either the Mortgaged Property or controlling equity interests in the Mortgagor made in violation of the Mortgage Loan documents; and (b) contains provisions for recourse against the Mortgagor and guarantor (which is a natural person or persons, or an entity or entities distinct from the Mortgagor (but may be affiliated with the Mortgagor) that collectively, as of the date of origination of the related Mortgage Loan, have assets other than equity in the related Mortgaged Property that are not de minimis), for losses and damages resulting from the following (or negotiated provisions of substantially similar effect): (i) the Mortgagor’s misappropriation of rents after an event of default, security deposits, insurance proceeds, or condemnation awards; (ii) the Mortgagor’s fraud or intentional material misrepresentation; (iii) breaches of the environmental covenants in the Mortgage Loan documents; or (iv) the Mortgagor’s commission of intentional material physical waste at the Mortgaged Property (but, in some cases, only to the extent there is sufficient cash flow generated by the related Mortgaged Property to prevent such waste).

  • Non-recourse Obligations Notwithstanding anything in this Agreement or any Basic Document, the Owner Trustee agrees in its individual capacity and in its capacity as Owner Trustee for the Trust that all obligations of the Trust to the Owner Trustee individually or as Owner Trustee for the Trust shall be with recourse to the Owner Trust Estate only and specifically shall be without recourse to the assets of the Holder.

  • Additional Costs in Respect of Letters of Credit Without limiting the obligations of the Borrower under the preceding subsections of this Section (but without duplication), if as a result of any Regulatory Change or any risk-based capital guideline or other requirement heretofore or hereafter issued by any Governmental Authority there shall be imposed, modified or deemed applicable any Tax (other than Indemnified Taxes, Taxes described in clauses (b) through (d) of the definition of Excluded Taxes and Connection Income Taxes), reserve, special deposit, capital adequacy or similar requirement against or with respect to or measured by reference to Letters of Credit and the result shall be to increase the cost to the Issuing Bank of issuing (or any Lender of purchasing participations in) or maintaining its obligation hereunder to issue (or purchase participations in) any Letter of Credit or reduce any amount receivable by the Issuing Bank or any Lender hereunder in respect of any Letter of Credit, then, upon demand by the Issuing Bank or such Lender, the Borrower shall pay immediately to the Issuing Bank or, in the case of such Lender, to the Administrative Agent for the account of such Lender, from time to time as specified by the Issuing Bank or such Lender, such additional amounts as shall be sufficient to compensate the Issuing Bank or such Lender for such increased costs or reductions in amount.

  • Capital Leases No Covered Person has an interest as a lessee under any Capital Leases other than Capital Leases that are Permitted Indebtedness.

  • Limitation on Sale/Leaseback Transactions The Company shall not, and shall not permit any Restricted Subsidiary to, enter into any Sale/Leaseback Transaction with respect to any property unless:

  • Guaranty Obligations Unless otherwise specified, the amount of any Guaranty Obligation shall be the lesser of the principal amount of the obligations guaranteed and still outstanding and the maximum amount for which the guaranteeing Person may be liable pursuant to the terms of the instrument embodying such Guaranty Obligation.

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