Capital Lease Payments definition

Capital Lease Payments means, with respect to any Person for the applicable Covenant Computation Period, the total expenditures by such Person in respect of Capital Leases during such period, as determined in accordance with GAAP.
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Capital Lease Payments of any Person means, with respect to the applicable Covenant Computation Period, the total expenditures by such Person in respect of Capital Leases during such period, as determined in accordance with GAAP.
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Capital Lease Payments means during any period for any Person, all payments (other than any portion of any payment included in Interest Expense for such period) required to be made by such Person during such period in respect of Capital Lease Obligations.
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Examples of Capital Lease Payments in a sentence

  • The schedule should be used to derive the amount to be budgeted in Comptroller Objects 1021, 1041, 1121, and 1141 (Capital Lease Payments to Treasurer).

  • Debt and Capital Lease Payments: The Company’s fourth-quarter 2015 debt and capital lease payments exceeded prior guidance as the company prepaid approximately $300 million of debt, which was not included in prior guidance.

  • MAP 215 Moderate Intensification of Land Use in Growth Opportunity Areas Identified in the SCAG Region: 750,000 Increase in Housing Supply 15 The dark blue TAZs represent growth visioning opportunity areas that could accommodate up to 60 percent of the 750,000 housing units with just moderate intensification of land use.

  • The Commission has allowed interested parties to be put on a service list in order to monitor a case.O. Restricted Accounts‌ PWSB shall restrict the following accounts: Debt Service, IFR, Capital Lease Payments and O&M Reserve.

  • The Commission finds that PWSB should restrict the following separate accounts: Debt Service; Infrastructure Replacement; Capital Lease Payments; Operations and Maintenance Reserve; and Central Falls Franchise Fee Requirements.

  • Following is a schedule of the remaining lease payments: Years Ending June 30 Operating Leases Capital Leases 2018$ 824,337 $ 356,1662019693,648 193,0502020572,255 115,8852021517,990 98,401Thereafter8,541 24,693Total future minimum obligations$ 2,616,771 $ 788,195Less: Interest (1,739) Present Value of Future Minimum Capital Lease Payments $ 786,456 The Company is subject to lawsuits, arbitration, claims, and other legal proceedings in connection with its business.

  • Accounting for Capital Lease Payments As lease payments are made during the year, principal, interest and executory costs need to be separated out in accordance with the amortization schedule that uses the effective interest method to allocate between the interest expense and principal payment of the capital lease liability.

  • In addition to the foregoing, solely to the extent the Coal Valley Purchase Agreement has been executed or PMRL has noticed the Lenders that it has commenced the discontinuance of operations of the Coal Valley Mine, for the twelve (12) month period ended September 30, 2017, the amount of Canadian Capital Lease Payments incurred by the Canadian Borrowers attributable to the operation of the Coal Valley Mine shall be eliminated from the calculation of Canadian Fixed Charges.

  • DSCR shall be defined as: Annual Net Income plus Interest Expense and Credit Fees plus All Non-Cash Negative Adjustments to Net Income minus All Positive Non-Cash Adjustments to Net Income divided by The Sum of the Prior Year’s Current Maturities of Long Term Debt, including Capital Lease Payments plus Interest Expense and Credit Fees.

  • Balance 12/31/07 $19.5 Capital Expenditures $42.9 Capital Lease Payments Interest Paid $22.2 Adj.


More Definitions of Capital Lease Payments

Capital Lease Payments means, for any period, the aggregate payments due during such period on any Capital Lease of Amtran or any of its Affiliates.
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Capital Lease Payments means, for any period, with respect to the Credit Parties on a consolidated basis, all payments made by the Credit Parties under Capital Leases, as determined in accordance with GAAP.
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Capital Lease Payments means all payments arising under a lease of property (whether real, personal or mixed) by a Person as lessee which, in conformity with GAAP, is accounted for as a capital lease on the balance sheet of such person.
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Capital Lease Payments means during any period for any Person, all payments (other than any portion of any payment included in Interest Expense for such period) required to be made by such Person during such period in respect of Capital Lease Obligations. "CASH COLLATERAL ACCOUNT" has the meaning assigned to it Annex B. "CASH EQUIVALENTS" has the meaning assigned to it in Annex B. "CASH MANAGEMENT SYSTEMS" has the meaning assigned to it in Section 1.8.
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Capital Lease Payments means for Borrower and its Subsidiaries, on a consolidated basis, the amount due and payable during the next succeeding twelve month period on leases of Borrower and its Subsidiaries which are capitalized in accordance with GAAP.
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Related to Capital Lease Payments

  • Lease Payments means the rental payments described in Exhibit A hereto.

  • Lease Payment means any form of payment, including a land lease, by a public entity to the private entity for the use of a qualifying project.

  • Sublease Payment means any payment required to be made by the District pursuant to Section 7 of the Sublease.

  • Capital Lease means, as applied to any Person, any lease of any property (whether real, personal or mixed) by that Person as lessee that, in conformity with GAAP, is or should be accounted for as a capital lease on the balance sheet of that Person.

  • Operating Lease Obligations means all obligations for the payment of rent for any real or personal property under leases or agreements to lease, other than Capitalized Lease Obligations.

  • Capital Lease Obligations of any Person means the obligations of such Person to pay rent or other amounts under any lease of (or other arrangement conveying the right to use) real or personal property, or a combination thereof, which obligations are required to be classified and accounted for as capital leases on a balance sheet of such Person under GAAP, and the amount of such obligations shall be the capitalized amount thereof determined in accordance with GAAP.

  • Capital Lease Obligation means, at the time any determination thereof is to be made, the amount of the liability in respect of a capital lease that would at such time be required to be capitalized on a balance sheet in accordance with GAAP.

  • Capital Leases means, in respect of any Person, all leases which shall have been, or should have been, in accordance with GAAP, recorded as capital leases on the balance sheet of the Person liable (whether contingent or otherwise) for the payment of rent thereunder.

  • Consolidated Rental Payments means, for any period, the aggregate amount of all rents paid or payable by Company and its Subsidiaries on a consolidated basis during that period under all Capital Leases and Operating Leases to which Company or any of its Subsidiaries is a party as lessee.

  • Capitalized Lease Liabilities means all monetary obligations of the Borrower or any of its Subsidiaries under any leasing or similar arrangement which, in accordance with GAAP, would be classified as capitalized leases, and, for purposes of this Agreement and each other Loan Document, the amount of such obligations shall be the capitalized amount thereof, determined in accordance with GAAP, and the stated maturity thereof shall be the date of the last payment of rent or any other amount due under such lease prior to the first date upon which such lease may be terminated by the lessee without payment of a penalty.

  • Rental Charges means the charges payable for renting the Vehicle from Us together with GST and any other taxes or levies which are all fully set out in the Rental Agreement.

  • Finance Lease Obligations of a Person means the amount of the obligations of such Person under Finance Leases which would be shown as a liability on a balance sheet of such Person prepared in accordance with GAAP.

  • Finance Lease Obligation means, at the time any determination thereof is to be made, the amount of the liability in respect of a finance lease that would at such time be required to be capitalized and reflected as a liability on a balance sheet (excluding the footnotes thereto) in accordance with GAAP as in effect as of the applicable time of determination.

  • Base Monthly Rent means the fixed monthly rent payable by Tenant pursuant to Section 3.1 which is specified in Section K of the Summary.

  • Capitalized Lease Obligations means, with respect to any Person, obligations of such Person and its Subsidiaries under Capitalized Leases, and, for purposes hereof, the amount of any such obligation shall be the capitalized amount thereof determined in accordance with GAAP.

  • Capitalized Lease Obligation means, as to any Person, the obligations of such Person under a lease that are required to be classified and accounted for as capital lease obligations under GAAP and, for purposes of this definition, the amount of such obligations at any date shall be the capitalized amount of such obligations at such date, determined in accordance with GAAP.

  • Rent Expense means, as to any Person for any period, the aggregate rent and lease expenses recorded by such Person and its Subsidiaries on a consolidated basis in conformity with GAAP pursuant to any Operating Lease.

  • Operating Lease Expense means the sum of all payments and expenses incurred by a Person, under any operating leases during the period of determination, as determined in accordance with GAAP.

  • Lease Payment Date means, with respect to any Interest Payment Date, the 5th Business Day immediately preceding such Interest Payment Date.

  • Synthetic Lease Obligation means the monetary obligation of a Person under (a) a so-called synthetic, off-balance sheet or tax retention lease, or (b) an agreement for the use or possession of property (including sale and leaseback transactions), in each case, creating obligations that do not appear on the balance sheet of such Person but which, upon the application of any Debtor Relief Laws to such Person, would be characterized as the indebtedness of such Person (without regard to accounting treatment).

  • Synthetic Lease Obligations means, as to any person, an amount equal to the capitalized amount of the remaining lease payments under any Synthetic Lease that would appear on a balance sheet of such person in accordance with GAAP if such obligations were accounted for as Capital Lease Obligations.

  • Lease Rentals means, for any period, the aggregate amount of fixed rental or operating lease expense payable by the Company and its Subsidiaries with respect to leases of real and personal property (excluding Capital Lease Obligations) determined in accordance with GAAP.

  • Rental Payments means the rental payments paid by the occupant of a unit, excluding any supplemental rental assistance to the occupant from the State, the federal government, or any other public agency, but including any mandatory fees or charges imposed on the occupant by the Owner as a condition of occupancy of the unit.

  • Consolidated Lease Expense for any period, the aggregate amount of fixed and contingent rentals payable by the Parent Borrower and its Restricted Subsidiaries for such period with respect to leases of real and personal property, determined on a consolidated basis in accordance with GAAP.

  • Capitalized Lease of a Person means any lease of Property by such Person as lessee which would be capitalized on a balance sheet of such Person prepared in accordance with GAAP.

  • Rental means the Supplier’s charging rate for the hire of the Hire Goods which is current from time to time during the Hire Period;