Define: Capital Lease Obligations
What does "Capital Lease Obligations" mean? The meaning differs based on the contract. We found 10 definitions across 12 companies in SEC filings.
Definition 1 (AMETEK INC/, seen in 3 filings)
Capital Lease Obligations means of any Person means the obligations of such Person to pay rent or other amounts under any lease of (or other arrangement conveying the right to use) real or personal property, or a combination thereof, which obligations are required to be classified and accounted for as capital leases or financing leases on a balance sheet of such Person under GAAP, and the amount of such obligations shall be the capitalized amount thereof determined in accordance with GAAP.
Source: AMETEK INC/ 10-K
Definition 2 (AMERICAN INTERNATIONAL GROUP, INC., seen in 2 filings)
Capital Lease Obligations means of any Person means the obligations of such Person to pay rent or other amounts under any lease of (or other arrangement conveying the right to use) real or personal property, or a combination thereof, which obligations are required to be classified and accounted for as capital leases on a balance sheet of such Person under GAAP, and the amount of such obligations shall be the capitalized amount thereof determined in accordance with GAAP.
Source: AMERICAN INTERNATIONAL GROUP, INC. 10-Q
Definition 3 (Air Products & Chemicals, Inc., seen in 1 filing)
Capital Lease Obligations means the obligations of such Person to pay rent or other amounts under any lease of (or other arrangement conveying the right to use) real or personal property, or a combination thereof, which obligations are required to be classified and accounted for as capital leases on a balance sheet of such Person under GAAP, and the amount of such obligations shall be the capitalized amount thereof determined in accordance with GAAP.
Source: Air Products & Chemicals, Inc. 10-K
Definition 4 (Autodesk, Inc., seen in 1 filing)
Capital Lease Obligations means of any Person means the obligations of such Person to pay rent or other amounts under any lease of (or other arrangement conveying the right to use) real or personal property, or a combination thereof, which obligations are required to be classified and accounted for as capital or finance lease obligations on a balance sheet of such Person under GAAP, and the amount of such obligations shall be the capitalized amount thereof determined in accordance with GAAP.
Source: Autodesk, Inc. 8-K
Definition 5 (Autodesk, Inc., seen in 1 filing)
Capital Lease Obligations means as to any Person, the obligations of such Person to pay rent or other amounts under any lease of (or other arrangement conveying the right to use) real or personal property, or a combination thereof, which obligations are required to be classified and accounted for as capital leases on a balance sheet of such Person under GAAP, and the amount of such obligations shall be the capitalized amount thereof determined in accordance with GAAP.
Source: Autodesk, Inc. 8-K
Definition 6 (AUTOMATIC DATA PROCESSING INC, seen in 1 filing)
Capital Lease Obligations means of any Person means the obligations of such Person to pay rent or other amounts under any lease of (or other arrangement conveying the right to use) real or personal property, or a combination thereof, which obligations are required to be classified and accounted for as capital leases.
Source: AUTOMATIC DATA PROCESSING INC 8-K
Definition 7 (Tesla, Inc., seen in 1 filing)
Capital Lease Obligations means of any Person means the obligations of such Person to pay rent or.
Source: Tesla, Inc. 10-K
Definition 8 (CrowdStrike Holdings, Inc., seen in 1 filing)
Capital Lease Obligations means as to any Person, the obligations of such Person to pay rent or other amounts under any lease of (or other arrangement conveying the right to use) real or personal property, or a combination thereof, which obligations are required to be classified and accounted for as capital leases on a balance sheet of such Person under GAAP and, for the purposes of this Agreement, the amount of such obligations at any time shall be the capitalized amount thereof at such time determined in accordance with GAAP; provided, that for all purposes hereunder, any obligations of such Person that would have been treated as operating leases in accordance with Accounting Standards Codification 840 (regardless of whether or not then in effect) shall be treated as operating leases for purposes of all financial definitions, calculations and covenants, without giving effect to Accounting Standards Codification 842 requiring operating leases to be recharacterized or treated as capital leases.
Source: CrowdStrike Holdings, Inc. S-1
Definition 9 (Booking Holdings Inc., seen in 1 filing)
Capital Lease Obligations means as of the date of determination, the obligations of such Person to pay rent or other amounts under any lease (or other arrangement conveying the right to use) of real or personal property, or a combination thereof, which obligations are required to be classified and accounted for as capital leases on a balance sheet of such Person under GAAP and, for the purposes of this Agreement, the amount of such obligations at any time shall be the capitalized amount thereof at such time determined in accordance with GAAP consistently applied.
Source: Booking Holdings Inc. S-1
Definition 10 (Booking Holdings Inc., seen in 1 filing)
Capital Lease Obligations means of any Person shall mean, as of the date of determination, the obligations of such Person to pay rent or other amounts under any lease (or other arrangement conveying the right to use) of real or personal property, or a combination thereof, which obligations are required to be classified and accounted for as capital leases on a balance sheet of such Person under GAAP and, for the purposes of this Agreement, the amount of such obligations at any time shall be the capitalized amount thereof at such time determined in accordance with GAAP consistently applied.
Source: Booking Holdings Inc. S-1
Data extracted from 25 SEC EDGAR filings across 12 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.
This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.