Rental Expense Sample Clauses

Rental Expense. All rental expenses of the Borrower or any of its Subsidiaries during any applicable fiscal period with respect to Rental Obligations, determined on a consolidated basis in accordance with GAAP.
AutoNDA by SimpleDocs
Rental Expense. All obligations of the Borrower or any of its Subsidiaries under any rental agreements or leases of real property relating to retail stores, other than obligations in respect of Capitalized Leases and Synthetic Leases. Related Parties. With respect to any Person, such Person’s Affiliates and the partners, directors, officers, employees, agents and advisors of such Person and of such Person’s Affiliates.
Rental Expense. All obligations of the Borrower or any of its Subsidiaries under any rental agreements or leases of real property relating to retail stores, other than obligations in respect of Capitalized Leases and Synthetic Leases; provided that, with respect to any Measurement Period in which the Corporate Express Acquisition shall have been consummated, Rental Expense for such period shall be calculated on a pro forma basis so as to give effect thereto as of the first day of such period. Replacement Lender. See §3.12 hereof.
Rental Expense. The Borrower shall not allow aggregate Rental Expense, determined as of the last day of each fiscal quarter for the twelve months then ending, beginning with the fiscal quarter ending December 31, 2009, and continuing through March 31, 2011, to exceed $19,000,000.
Rental Expense. The Borrower shall not permit the consolidated Rental Expense of the Borrower and the Guarantors to exceed $1,000,000.00 in any fiscal year of the Borrower.
Rental Expense. All obligations of the Borrower or any of its Subsidiaries under any rental agreements or leases of real property, other than (a) obligations that can be terminated by the giving of notice without liability to the Borrower or such Subsidiary in excess of the liability for rent due as of the date on which such notice is given and under which no penalty or premium is paid as a result of any such termination, and (b) obligations in respect of Capitalized Leases. REPLACEMENT BANK. See ss.4.12 hereof. REVOLVER PERIOD. The period beginning on the Closing Date to and including the day immediately preceding the Maturity Date. REVOLVING CREDIT LOANS. Collectively, the Syndicated Loans and the Competitive Bid Loans.
Rental Expense. All obligations of the Borrower or any of its Subsidiaries under any rental agreements or leases of real property relating to retail stores, other than obligations in respect of Capitalized Leases and Synthetic Leases. REPLACEMENT LENDER. See Section 4.12 hereof.
AutoNDA by SimpleDocs
Rental Expense. The Borrowers shall not, nor shall they permit any Subsidiary to, incur rental expense in an amount in excess of $5,000,000 in the aggregate in any fiscal quarter.
Rental Expense. All payments made or required to be made by the Borrower or any of its Subsidiaries, as lessee or sublessee under any operating lease of real or personal property as rental payments and contingent rentals, in each case, as calculated in accordance with GAAP, minus, rental income of the Borrower and its Subsidiaries paid in cash from any operating sublease of real property. Required Lenders. As of any date, the Lenders holding at least 66.7% of the outstanding principal amount of the Revolving Credit Notes and if no such principal is outstanding, the Lenders whose aggregate Commitments constitute at least 66.7% of the Total Commitment.
Rental Expense. For any period, all consolidated rental expenses of the Borrower and its Subsidiaries under any rental agreements or leases of Containers or Generators.
Time is Money Join Law Insider Premium to draft better contracts faster.