Operating Leases definition

Operating Leases means all real or personal property leases under which any Company is bound or obligated as a lessee or sublessee and which, under GAAP, are not required to be capitalized on a balance sheet of such Company; provided that Operating Leases shall not include any such lease under which any Company is also bound as the lessor or sublessor.
Operating Leases means operating leases, as defined in accordance with GAAP.
Operating Leases means, as applied to any person, any lease (including leases that may be terminated by the lessee at any time) by such person of any property (whether real, personal or mixed) that is not required to be classified and accounted for as a capital lease on such person's balance sheet in accordance with GAAP, other than any such lease under which such person is the lessor.

Examples of Operating Leases in a sentence

  • CHANGES IN ACCOUNTING POLICIES AND DISCLOSURES (Continued)HKFRS 16 replaces HKAS 17 Leases, HK(IFRIC)-Int 4 Determining whether an Arrangement contains a Lease, HK(SIC)-Int 15 Operating Leases – Incentives and HK(SIC)-Int 27 Evaluating the Substance of Transactions Involving the Legal Form of a Lease.

  • Tenant shall not deliver an Assignment of Contracts and Operating Leases or an Assignment of Resident Agreements to NRNH with respect to the Released Facility.

  • Operating Leases The Company leases office space under operating leases that expire during 2022.

  • Operating Leases – Lessee We recognize a lease liability for each lease based on the present value of remaining minimum fixed rental payments (which includes payments under any renewal option that we are reasonably certain to exercise), using a discount rate that approximates the rate of interest we would have to pay to borrow on a collateralized basis over a similar term.

  • Operating Leases The fiscal court entered into a lease agreement for copiers to be used by various county departments.


More Definitions of Operating Leases

Operating Leases means (i) the Lease Agreement between ESA P Portfolio L.L.C., ESA P Portfolio MD Trust, ESH/TN Properties L.L.C. and ESA P Portfolio Lessee L.L.C. dated October 8, 2010, as amended April 9, 2012, November 30, 2012, December 13, 2012, April 15, 2013, November 11, 2013, July 28, 2014, December 8, 2015, and February 22, 2016, and amended and restated August 30, 2016; (ii) the Lease Agreement between ESA Canada Administrator L.L.C., ESA Canada Properties Trust and ESA Canada Operating Lessee Inc. dated October 8, 2010, as amended November 30, 2012, November 11, 2013, and February 22, 2016, and amended and restated August 30, 2016; (iii) the Lease Agreement between ESA UD Properties L.L.C. and ESA 2007 Operating Lessee Inc. dated October 8, 2010 and amended November 11, 2013 and February 22, 2016; and (iv) the Lease Agreement between ESA LVP Portfolio L.L.C. and ESA LVP Operating Lessee L.L.C. dated December 31, 2013.
Operating Leases means, as applied to any Person, any lease (including, without limitation, leases which may be terminated by the lessee at any time) of any Property (whether real, personal or mixed) which is not a Capital Lease other than any such lease in which that Person is the lessor.
Operating Leases means leases that are not Capital Leases.
Operating Leases means all leases of property (whether real, personal or mixed) other than Capital Leases.
Operating Leases means, with respect to any Person, all leases that have been or should be, in accordance with GAAP, recorded as operating leases in respect of which such Person is liable as lessee.
Operating Leases means any lease of property (whether real, personal or mixed) for a period of longer than one year by a Person under which such Person is lessee, other than a Capital Lease.