Capitalized Lease Liabilities

Capitalized Lease Liabilities. Means all monetary obligations of the Lessee or any of its Subsidiaries under any leasing or similar arrangement which have been (or, in accordance with GAAP, should be) classified as capitalized leases, and for proposes of this Appendix, the amount of such obligations shall be the capitalized amount thereof, determined in accordance with GAAP, and the stated maturity thereof shall be the date of the last payment of rent or any other amount due under such lease prior to the first date upon... which such lease may be terminated by the lessee without payment of a premium or penalty. View More