Operating Lease Payments definition

Operating Lease Payments means all amounts payable under any lease or rental agreement (other than obligations under capital leases) during the period in question (but excluding, in any event, amounts paid in respect of taxes, utilities, insurance, common area maintenance and other like charges associated with the lease and rental of real and personal property).

Operating Lease Payments means, for any period, amounts recorded or required to be recorded as operating lease expenses on consolidated financial statements of the Borrower prepared in accordance with GAAP plus, to the extent not otherwise included therein, payments by the Borrower or any Subsidiary during such period pursuant to Guarantees of operating leases of Franchisees or other Persons.

Operating Lease Payments means, for any Person during any period, all payments required to be made by such Person during such Period in respect of leases by such Person as lessee of Equipment Inventory, excluding any payment under any Capital Lease Obligation as lessee of such Equipment Inventory.

Examples of Operating Lease Payments in a sentence

• The exception to the above rule is for the following situations where it is generally accepted that payment is made before delivery of the goods/service:  Training course or conference fees  Council Tax and Uniform Business Rates  Rent or Operating Lease Payments  Insurance premium payments  When the Trust agrees to pay something on behalf of a third party (for example, legal costs incurred by a member of staff and the invoice is made out to that third party).

• The future minimum lease payments due under non-cancellable leases in future years are: Operating Lease Payments 31st March 201531st March 2014 The expenditure charged to the Comprehensive Income and Expenditure Statement during the year in relation to these leases was: 2014/20152013/2014 The Authority as Lessor The Council has granted various property leases including the lease of the Sandcastle Waterpark to Blackpool Operating Company Limited.

• Commitments under non-cancellable operating leases, to which the Council is subject, are as follows.2014$ 2013$Non-cancellable Operating Lease Payments Less than One Year331,648302,685One to Two Years344,55317,843Two to Five Years1,024,74535,420More than Five Years311,191- 2,012,137355,948 The Council has the following leases.

• Lease Adjusted Balance Sheet Leverage Ratio is measured as: Total Liabilities + 5 times Annual Operating Lease Payments Net Worth – Mineral Reserves – Mine Development NAPP Division Finance lease The covenants required to be met are described below for the noted agreement.

• Operating Lease Payments Total rent and charter expense for cancelable and noncancelable operating leases was $21.6 million for the year ended December 31, 2005, $19.3 million for 2004, and $17.7 million for 2003.

More Definitions of Operating Lease Payments

Operating Lease Payments means the rent due and payable to Borrower under the Operating Leases, including, without limitation, all Base Rent, Basic Rent and all Percentage Rent but excluding Additional Rent (as each term is defined in the Operating Leases).

Operating Lease Payments other than under leases of real property, make a payment under any hire agreement, credit sale agreement, hire purchase agreement, conditional sale agreement or instalment sale and purchase agreement which is not a Finance Lease if the aggregate of all such payments made by the Group Companies will exceed, in any Financial Year of Newco, pounds sterling 200,000

Operating Lease Payments. For any period, all payments consisting ------------------------ of monthly base rent and percentage of revenue or earnings made by the Borrower and the Subsidiaries, on a consolidated basis, during such period under Operating Leases.

Operating Lease Payments means, for any period, the aggregate payments due during such period on all operating leases of Amtran or any of its Affiliates which individually originally have (or had) aggregate payments paid or payable, from the original commencement of such lease until its expiry, in excess of Two Hundred Fifty Thousand and 00/100 Dollars ($250,000.00).

Operating Lease Payments means all rent (including, without limitation, base rent and additional rent) and all other charges due and payable by Operating Lessee to Borrower pursuant to the Operating Lease.

Operating Lease Payments. Rent and other payments made pursuant to any lease of (or other agreement conveying the right to use) real and/or personal property other than a Capitalized Lease (an “Operating Lease”)

Operating Lease Payments means all monetary payment obligations under