Lease Liabilities definition

Lease Liabilities means, with respect to each Lease that is classified by the Seller as a capital or finance lease in its consolidated financial statements, all obligations for the payment of rent (other than deferred rent or other rent obligations for historical periods) and all other “lease liabilities” (as defined under GAAP) with respect to such Lease.

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Lease Liabilities means liabilities of any Company Entity to the extent arising under real property leases of the Company Entities in effect as of immediately prior to the Closing Date, as well as any other real property lease entered into or assumed in connection with an assignment, sublease or termination of such original real property lease, in each case, as amended or modified from time to time.

Lease Liabilities means the present value oflease payments as reported on the balance sheet.

Examples of Lease Liabilities in a sentence

• Plus the total, as of the last day of the Fiscal Quarter under review of both the long-term and current portions (without duplication) of all Capitalized Lease Liabilities.

• The aggregate outstanding principal and stated amount of the consolidated Indebtedness of the Borrower and its Subsidiaries as lessee under leases which have been or should be, in accordance with GAAP, recorded as Capitalized Lease Liabilities...........................

• Plus the total, as of the last day of the Fiscal Quarter under review, of all Capitalized Lease Liabilities.

• Notwithstanding anything to the contrary set forth in this Section 7.2.9, this Section shall not prohibit the restrictions on Liens, assignments and transfers of assets existing on the Closing Date set forth on Item 7.2.9 of the Disclosure Schedule or any agreements governing any purchase money Liens or Capitalized Lease Liabilities otherwise permitted hereby.

• The Closing Statement shall set forth (A) Seller's good faith estimate of the Assumed Capital Lease Liabilities, Acquired Current Assets and Assumed Current Liabilities, including all line items of each, in each case as of the Closing Date, and (B) Holdco's good faith estimate of the CSR Charges as of the Closing Date.

• The aggregate amount of Capitalized Lease Liabilities incurred by ADT Limited and its Subsidiaries during the portion of ADT Limited's Fiscal Year ended on the Computation Date is $__________.

• The maximum amount of Capitalized Lease Liabilities permitted to be incurred under the ADT Limited Guaranty during this Fiscal Year is $30,000,000.

• The aggregate amount of rental obligations of the Borrower and its Restricted Subsidiaries under arrangements (other than those giving rise to Capitalized Lease Liabilities) involving the leasing of real or personal property (excluding, however, maintenance, repairs, insurance, taxes, assessments and other similar charges) payable during any Fiscal Year is $_________ and during the remaining terms of such arrangements is $___________.

• For the avoidance of doubt, in no event shall there be included in “Indebtedness” any Operating Lease Liabilities.

• No Credit Party shall enter into any capital leases having Capitalized Lease Liabilities exceeding C$2,500,000 or the Equivalent Amount thereof, at any time, on an aggregate basis for all Credit Parties.

More Definitions of Lease Liabilities

Lease Liabilities means, of the Ardutch Europe Group or Whirlpool Europe Group, as applicable, as of immediately prior to Completion, any obligation for a lease classified as an operating lease, capital lease or finance lease in the Accounts and any obligations of new leases commencing after 30 September 2022, in accordance with the same policies as applied in the applicable Accounts;

Lease Liabilities means, at the time any determination is to be made, the amount of the lease liability in respect of any lease that would at that time be required to be capitalized on a statement of financial position prepared in accordance with IFRS, 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 cancelled by the lessee without payment of a penalty.

Lease Liabilities is defined in Section 6.3(a).

Lease Liabilities means the lease liabilities in respect of the Premises from where each Business of the Seller is conducted, which, if agreed to by each Seller and the Purchaser, will form part of the Sale Liabilities, and will be valued at the face value, as at the Closing Date, as recorded in the Closing Date Accounts, and recorded next to the name of the Seller in the Row which bears the Seller’s name, and more fully described in Column 5 of Annexure B and the supporting Schedules;

Lease Liabilities means the lease liabilities recognised by Sav Hospitality for the Hotel Management Agreement in accordance with HKFRS 16 Leases;

Lease Liabilities means any amounts actually paid by the Company during any specified period for any Lease Expenses in excess of Lease Revenues for that period.