Common use of Rental Obligations Clause in Contracts

Rental Obligations. The Borrowers will not, and will not permit any of their Subsidiaries to, enter into at any time any arrangement (excluding oil and gas leases entered into in the ordinary course of business) which involves the leasing by the Borrowers or any of their Subsidiaries from any lessor of any real or personal property (or any interest therein), except arrangements which, together with all other such arrangements which shall then be in effect, will not require the payment of an aggregate amount of rentals by the Borrowers or any of their Subsidiaries in excess of (excluding escalations resulting from a rise in the consumer price or similar index) $750,000 for any Fiscal Year or $1,500,000 during the full remaining term of such arrangements; provided, however, that any calculation made for purposes of this Section shall exclude (i) any amounts required to be expended for maintenance and repairs, insurance, taxes, assessments, and other similar charges (ii) any amounts relating to Capitalized Lease Obligations.

Rental Obligations. The Borrowers Borrower will not, and will not permit any of their its Subsidiaries to, enter into at any time any arrangement (excluding oil and gas leases entered into in the ordinary course of business) which involves the leasing by the Borrowers Borrower or any of their Subsidiaries Subsidiary from any lessor of any real or personal property (or any interest therein), except arrangements which, together with all other such arrangements which shall then be in effect, will not require the payment of an aggregate amount of rentals by the Borrowers Borrower or any of their Subsidiaries Subsidiary in excess of (excluding escalations resulting from a rise in the consumer price or similar index) $750,000 250,000 for any Fiscal Year or $1,500,000 1,250,000 during the full remaining term of such arrangements; providedPROVIDED, howeverHOWEVER, that any calculation made for purposes of this Section SECTION 8.2.7 shall exclude any amounts (i) any amounts required to be expended for maintenance and repairs, insurance, taxes, assessments, and other similar charges and (ii) any amounts relating to Capitalized Lease Obligations.

Rental Obligations. The Borrowers Borrower will not, and will not permit any of their its Subsidiaries to, enter into at any time any arrangement (excluding oil and gas leases entered into in the ordinary course of business) which involves the leasing by the Borrowers Borrower or any of their Subsidiaries Subsidiary from any lessor of any real or personal property (or any interest therein), except arrangements which, together with all other such arrangements which shall then be in effect, will not require the payment of an aggregate amount of rentals by the Borrowers Borrower or any of their Subsidiaries Subsidiary in excess of (excluding escalations resulting from a rise in the consumer price or similar index) $750,000 400,000 for any Fiscal Year or $1,500,000 during the full remaining term of such arrangements; providedPROVIDED, howeverHOWEVER, that any calculation made for purposes of this Section SECTION 8.2.7 shall exclude any amounts (i) any amounts required to be expended for maintenance and repairs, insurance, taxes, assessments, and other similar charges and (ii) any amounts relating to Capitalized Lease Obligations.

Rental Obligations. The Borrowers Borrower will not, and will not permit any of their its Subsidiaries to, enter into at any time any arrangement (excluding oil and gas leases entered into in the ordinary course of business) which involves the leasing by the Borrowers Borrower or any of their Subsidiaries Subsidiary from any lessor of any real or personal property (or any interest therein), except arrangements which, together with all other such arrangements which shall then be in effect, will not require the payment of an aggregate amount of rentals by the Borrowers Borrower or any of their Subsidiaries Subsidiary in excess of (excluding escalations resulting from a rise in the consumer price or similar index) $750,000 100,000 for any Fiscal Year or $1,500,000 500,000 during the full remaining term of such arrangements; provided, however, that any calculation made for purposes of this Section 8.2.7 shall exclude any amounts (i) any amounts required to be expended for maintenance and repairs, insurance, taxes, assessments, and other similar charges and (ii) any amounts relating to Capitalized Lease Obligations.

Rental Obligations. The Borrowers Borrower will not, and will not permit any of their its Subsidiaries to, enter into at any time any arrangement (excluding oil and gas leases entered into in the ordinary course of business) which involves the leasing by the Borrowers Borrower or any of their Subsidiaries consolidated or Material Subsidiary from any lessor of any real or personal property (or any interest therein), except arrangements which, together with all other such arrangements which shall then be in effect, will not require the payment of an aggregate amount of rentals by the Borrowers Borrower or any of their its Subsidiaries in excess of (excluding escalations resulting from a rise in the consumer price or similar index) $750,000 500,000 for any Fiscal Year or $1,500,000 2,000,000 during the full remaining -87- 95 term of such arrangements, including any so-called synthetic lease; provided, however, that any calculation made for purposes of this Section 8.2.7 shall exclude any amounts (i) any amounts required to be expended for maintenance and repairs, insurance, taxes, assessments, and other similar charges and (ii) any amounts relating to Capitalized Lease Obligations.