Non-Financing Lease Obligation definition

Non-Financing Lease Obligation means a lease obligation that is not required to be accounted for as a financing or capital lease on both the balance sheet and the income statement for financial reporting purposes in accordance with GAAP. For the avoidance of doubt, a straight-line or operating lease shall be considered a Non-Financing Lease Obligation.
Non-Financing Lease Obligation means a lease obligation that is not required to be accounted for as a financing or capital lease on either the balance sheet or the income statement for financial reporting purposes in accordance with GAAP. For the avoidance of doubt, a straight-line or operating lease shall be considered a Non-Financing Lease Obligation.
Non-Financing Lease Obligation means a lease obligation that is not required to be accounted for as a financing or capital lease in accordance with GAAP. For the avoidance of doubt, an operating lease shall be considered a Non-Financing Lease Obligation.

Examples of Non-Financing Lease Obligation in a sentence

  • Notwithstanding the foregoing, the interest component of any lease that is a Non-Financing Lease Obligation will not be included in Consolidated Interest Expense.

  • In no event shall a guarantee of an operating lease or Non-Financing Lease Obligation of Holdings or any Restricted Subsidiary be deemed an Investment.


More Definitions of Non-Financing Lease Obligation

Non-Financing Lease Obligation means, as to any Person, the obligations of such Person under a Non-Financing Lease.
Non-Financing Lease Obligation of any Person means a lease obligation of such Person that is not an obligation in respect of a Finance Lease Obligation. A straight-line or operating lease shall be considered a Non-Financing Lease Obligation.
Non-Financing Lease Obligation means any other lease obligation that is not required to be accounted for as a financing or capital lease in accordance with GAAP.
Non-Financing Lease Obligation means a lease obligation that is not required to be accounted for as a financing or capital lease on both the balance sheet and the income statement for financial reporting purposes in accordance with GAAP. For the avoidance of doubt, a straight-line or operating lease (including any lease that would not have been a capital lease under GAAP prior to giving effect to FASB ASC 842 (or any similar accounting principle)) shall be considered a Non-Financing Lease Obligation.
Non-Financing Lease Obligation means a lease obligation that is not required to be classified and accounted for as a financing or finance lease on both the balance sheet and the income statement for financial reporting purposes in accordance with GAAP. For the avoidance of doubt, a straight-line or operating lease shall be considered a Non-Financing Lease Obligation.
Non-Financing Lease Obligation means, as to any Person, the obligations of such Person under a Non-Financing Lease. “Non-Recourse Debt” means Indebtedness:
Non-Financing Lease Obligation means a lease obligation that is not required to be accounted for as a financing or capital lease in accordance with GAAP in effect as of January 1, 2015 (whether or not such operating lease was in effect on such date). For the avoidance of doubt, a straight-line or operating lease shall be considered a Non-Financing Lease Obligation.