Lease Obligations of a Person means for any period the rental commitments of such Person for such period under leases for real and/or personal property (net of rent from subleases thereof, but including taxes, insurance, maintenance and similar expenses which such Person, as the lessee, is obligated to pay under the terms of said leases, except to the extent that such taxes, insurance, maintenance and similar expenses are payable by sublessees), including rental commitments under Capital Leases.
Lease Obligations of the Company and its Subsidiaries, as of the date of any determination thereof, the rental commitments of the Company and its Subsidiaries determined on a consolidated basis, if any, under leases for real and/or personal property (net of rental commitments from sub-leases thereof), excluding however, obligations under Financing Leases.
Lease Obligations means collectively obligations under any finance, capital or operating lease in accordance with GAAP.”
Examples of Lease Obligations in a sentence
Due in annualMaturities of $114,000 to$951,000 through 2023an annual interest rate of 3.32%.$ 3,772,000$ 3,655,000Total Utility Revenue Bonds $ 8,456,982 $ 7,895,689 $ 6,808,670 Capital Lease Obligations: $88,331 ROW Bucket Truckcapital lease for 5 yrs .
Annual maturities of $65,212 to $78,050 through 2010 and an annual interestrate of 2.75%.$ 79,013$ -$ -Total general obligation bonds$403,013$282,000$238,000 Capital Lease Obligations: $78,157 Garbage Collection Truck.
More Definitions of Lease Obligations
Lease Obligations of any Person shall mean all 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.
Lease Obligations means, without duplication, (i) indebtedness represented by obligations under a lease that is required to be capitalized for financial reporting purposes, (ii) with respect to operating leases of electric generating facilities, the termination value or similar amount payable by the lessee under such lease and (iii) the principal amount of financial obligations under any synthetic lease, tax retention operating lease, off-balance sheet loan or similar off-balance sheet financing product where such transaction is considered borrowed money indebtedness of the lessee for tax purposes but is classified as an operating lease under GAAP.
Lease Obligations means, without duplication, (i) any Indebtedness represented by obligations under a lease that is required to be capitalized for financial reporting purposes and (ii) the present value, determined using a discount rate equal to the incremental borrowing rate (as defined in Statement of Financial Accounting Standards No. 13) of the Person incurring such obligations, of rent obligations under leases of electric generating assets or natural gas pipelines and related facilities.
Lease Obligations means any Indebtedness represented by obligations under a lease that is required to be capitalized for financial reporting purposes, with the amount of such Indebtedness to be determined in accordance with GAAP.
Lease Obligations means rent, supplemental rent, termination value, or a similar monetary obligation under, or pursuant to, a lease or related documents in connection with a leveraged lease transaction (including Contingent Liabilities related thereto).
Lease Obligations of the Company and its Subsidiaries, as of the date of any determination thereof, the rental commitments of the Company and its Subsidiaries determined on a consolidated basis, if any, under leases for real and/or personal property (net of rental commitments from sub-leases thereof), excluding however, obligations under leases which are classified as Indebtedness under clause (d) of the definition of Indebtedness.
Lease Obligations means the obligations of Company and its Consolidated Subsidiaries to pay rent or other amounts under a Capital Lease or any Operating Lease.