Capitalized Rentals of any Person shall mean as of the date of any determination thereof the amount at which the aggregate Rentals due and to become due under all Capitalized Leases under which such Person is a lessee would be reflected as a liability on a consolidated balance sheet of such Person.
Capitalized Rentals means, as of the date of any determination, the amount at which the obligations of the lessee, due and to become due under all Capitalized Leases under which the Company or any Subsidiary is a lessee, are reflected as a liability on a consolidated balance sheet of the Company and its Subsidiaries.
Capitalized Rentals of any Person means at any date the amount at which the aggregate rentals due and to become due under all Capitalized Leases under which such Person is a lessee would be reflected as a liability on a Consolidated balance sheet of such Person.
Examples of Capitalized Rentals in a sentence
On or before February 15, 2002, the Borrower shall pay in full all of its obligations thereunder, including, without limitation, all of its Capitalized Rentals thereunder, to cause said leases to be terminated and the title to the property leased thereunder to revert (or otherwise to be conveyed) to the Borrower.
Annex C attached hereto correctly describes all Funded Debt (other than Capitalized Rentals), Current Debt and Capitalized Rentals of the Company outstanding as of the first Closing Date.
Capitalized Rentals" of any Person means as of the date of any determination thereof the amount at which the aggregate Rentals due and to become due under all Capitalized Leases under which such Person is a lessee would be reflected as a liability on a consolidated balance sheet of such Person.
The Parent will not, and will not permit any Subsidiary to, enter into any lease or other agreement for the use or possession of Property if after giving effect thereto the aggregate liability of the Parent and its Subsidiaries for Rentals (other than Capitalized Rentals) in any fiscal year would exceed $25,000,000.
For purposes of the various calculations required under this Master Indenture for Capitalized Leases, the Capitalized Rentals under a Capitalized Lease at the time of such calculation shall be deemed to be the principal payable thereon.
More Definitions of Capitalized Rentals
Capitalized Rentals means the amount of aggregate rentals due and to become due under all Capitalized Leases under which the Company is a lessee that would be reflected as a liability on a balance sheet of the Company.
Capitalized Rentals of any Person shall mean as of the date of any determination thereof the amount at which the aggregate present value of future Rentals due and to become due under all Capitalized Leases under which such Person is a lessee would be reflected as a liability on a consolidated or combined balance sheet of such Person in accordance with GAAP.
Capitalized Rentals of any Person shall mean as of the date of any determination the amount at which the aggregate Rentals due and to become due under all Capitalized Leases under which such Person is a lessee would be reflected as a liability on a consolidated balance sheet of such Person in accordance with GAAP.
Capitalized Rentals means, with respect to any Person, the amount at which the aggregate Rentals due and to become due under all Capitalized Leases under B-1 which such Person is a lessee would be reflected as a liability on a consolidated balance sheet of such Person determined in accordance with GAAP.
Capitalized Rentals means as of the date of any determination the amount at which the aggregate Rentals due and to become due under all Capitalized Leases under which the Company is a lessee would be reflected as a liability on a balance sheet of the Company. "Consolidated Current Assets" and "Consolidated Current Liabilities" shall mean such assets and liabilities of the Company and its subsidiaries on a consolidated basis as shall be determined in accordance with generally accepted accounting principles to constitute current assets and current liabilities, respectively.
Capitalized Rentals of any Person shall mean as of the date of any determination thereof the amount at which the aggregate Rentals due and to become due under all Capitalized Leases under which such Person is a lessee would be required to be reflected under GAAP as a liability on a consolidated balance sheet of such Person. "CLOSING DATE" shall have the meaning as defined in SS.1.3. "COLLATERAL" shall have the meaning as defined in the Company Security Agreement and the Subsidiary Security Agreement. "COMPANY SECURITY AGREEMENT" shall have the meaning as defined in SS.1.2. "CONSOLIDATED ADJUSTED NET WORTH" at any date means: (a) as to any corporation, the amount of capital stock liability plus (or minus in the case of a deficit) the capital surplus and earned surplus of the Company and its Restricted Subsidiaries on a consolidated basis, and as to any partnership or limited liability company, the capital account of the Company and its Restricted Subsidiaries on a consolidated basis; less (without duplication) (b) the net book value, after deducting any reserves applicable thereto, of all items of the following character which are included in the assets of the Company and its Restricted Subsidiaries, to wit: (i) all real property, fixed assets, unamortized leasehold improvements and furniture, fixtures and equipment other than property held for immediate sale, lease or other liquidation which has been held by the Company or a Restricted Subsidiary for less than 90 days; (ii) all deferred charges (other than deferred Federal income taxes and deferred investment tax credits) and prepaid expenses other than prepaid interest, prepaid taxes and prepaid insurance premiums; (iii) treasury stock; (iv) unamortized debt discount and capitalized expense and unamortized stock discount and capitalized expense; (v) good will, organizational or experimental expense, patents, trademarks, copyrights, trade names and other intangibles; (vi) Minority Interests; (vii) "direct loan origination costs" as set forth in FASB 91; (viii) all Restricted Investments; (ix) the excess, if any, of (A) net charge-offs of the Company and its Restricted Subsidiaries over the twelve-month period ending with such date over (B) reserves for credit losses of the Company and its Restricted Subsidiaries as at such date; and (x) any surplus resulting from any write-up in the book value of assets of the Company or any Restricted Subsidiary subsequent to March 31, 1997.
Capitalized Rentals means, as of the date of determination, the amount at which the aggregate Net Rentals due and to become due under a Capitalized Lease under which a Person is a lessee would be reflected as a liability on a balance sheet of such Person.