Operating Lease Expense definition

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.
Operating Lease Expense means the sum of all payments and expenses incurred by Lessee and the other Lessee Entities, collectively, under any operating leases during the period of determination, as determined in accordance with GAAP.
Operating Lease Expense means for any period for which Operating Lease Expense is calculated, the aggregate amount of fixed and contingent rentals (exclusive of payments of Capital Lease Obligations) payable by the Company and its Subsidiaries for such period with respect to leases of Property. Operating Lease Expense shall be determined for the Company and its Subsidiaries on a consolidated basis in accordance with Generally Accepted Accounting Principles, consistently applied.

Examples of Operating Lease Expense in a sentence

  • In addition, determined if the Department’s reconciliation of physical inventory to SCEIS was properly completed by agreeing haphazardly selected amounts to the SCEIS general ledger and/or Department prepared records.• Operating Leases Reporting Package Determined if reported amounts agree to the SCEIS general ledger, the SCEIS Yearend Reporting Operating Lease Expense with Vendor report and/or Department prepared records.


More Definitions of Operating Lease Expense

Operating Lease Expense has the meaning set forth in Section 7.B.
Operating Lease Expense means the sum of all payments and expenses incurred by Guarantor and Parent under any operating leases during the applicable 12 Month Period, as determined in accordance with GAAP.
Operating Lease Expense means all operating lease expenses of US Borrower and the Subsidiaries.
Operating Lease Expense means the expenses incurred by Lessee and Permitted Sublessees under any operating leases with respect to one or more of the Properties (including this Lease) and the business operations thereon during the period of determination, as determined in accordance with GAAP.
Operating Lease Expense is defined in Section 8.A.
Operating Lease Expense means payments under any leases other than Capital Leases.
Operating Lease Expense means the sum of all payments and expenses incurred by the lessee under any operating leases with respect to one or more of the Premises and the business operations thereon during the period of determination, as determined in accordance with GAAP.