Sentences with phrase «as lease obligations»

Not exact matches

A standard lease states the landlord is required to release the money within 30 to 60 days after you vacate the property if you've met all of your obligations, such as making all rent payments, moving out of the apartment on time, returning the property in good condition, etc..
In an era when the pension liabilities of local governments remain a concern, investors may want to consider the debt offered by established public enterprises — airports and utilities, for example — as an attractive alternative to lease revenue and pension obligation bonds.
Last week, the Financial Accounting Standards Board (FASB) voted to update standards on operating lease accounting that would force companies to record as much as $ 2 trillion worth of lease obligations on their balance sheets.
As of September 30, 2009, we did not have any debt or notes outstanding in which fluctuations in the interest rates would impact us as even our capital lease obligations are fixed rate instruments and are not subject to fluctuations in interest rateAs of September 30, 2009, we did not have any debt or notes outstanding in which fluctuations in the interest rates would impact us as even our capital lease obligations are fixed rate instruments and are not subject to fluctuations in interest rateas even our capital lease obligations are fixed rate instruments and are not subject to fluctuations in interest rates.
As of December 31, 2013, we had future operating lease obligations of approximately $ 1.7 billion.
YOU SHALL NOT USE THE SERVICES AS A FACTOR IN (1) ESTABLISHING AN INDIVIDUAL»S ELIGIBILITY FOR PERSONAL CREDIT OR INSURANCE OR ASSESSING RISKS ASSOCIATED WITH EXISTING CONSUMER CREDIT OBLIGATIONS, (2) EVALUATING AN INDIVIDUAL FOR EMPLOYMENT, PROMOTION, REASSIGNMENT OR RETENTION (INCLUDING BUT NOT LIMITED TO EMPLOYMENT OF HOUSEHOLD WORKERS SUCH AS BABYSITTERS, CLEANING PERSONNEL, NANNIES, CONTRACTORS, AND OTHER INDIVIDUALS), OR (3) ANY OTHER PERSONAL BUSINESS TRANSACTION WITH ANOTHER INDIVIDUAL (INCLUDING, BUT NOT LIMITED TO, LEASING AN APARTMENT).
But journalist Izabella Kaminska looked to «other long - term liabilities» of $ 16.4 billion, including, as a footnote shows, $ 6.9 billion in «capital lease obligations
Operating leases represent a liability to the company as a future cash obligation it is contractually bound to pay.
The Building Block Fund helps charter schools obtain leases and loans by acting as a «co-signer» for the school's payment obligations.
A charter school sustainability report by the Oregon Department of Education highlighted financial obligations, such as staffing, building leases and utilities as well as low enrollment as the main factors behind school closures.
By acting as a partial guarantor or «co-signer» for the school's lease or loan payment obligations, IBBF is used to induce, leverage and partially secure funding from private capital investors and traditional banking sources (landlords and lenders) to provide a 100 percent financed facility at an affordable cost to the charter school borrower.
The retail purchaser's order must show the cash allowance as having been applied to the vehicle's purchase price or in the case of a lease customer, as reducing the total lease obligation (12 month minimum lease term).
Besides, your lease requires Valley Forge Suites renters insurance as part of your obligations.
These figures include the actual lease obligations ($ 3.728 mm as of June 30, 2009, page 20 on the 10Q) and operating expenses associated with the leases (taxes passed through by building owner and maintenance charges).
A lease on residential property, such as an apartment, includes an obligation to pay rent for a defined period of time.
The term includes any contract in the form of a bailment or lease if the bailee or lessee contracts to pay as compensation for use a sum substantially equivalent to or in excess of the aggregate value of the property or services involved and it is agreed that the bailee or lessee may become for no other or a nominal consideration the owner of the property upon full compliance with the bailee's or lessee's obligations under the contract.
The following table presents a summary of our contractual operating lease obligations and commitments as of December 31, 2011:
Securitization includes a diverse array of assets, such as residential and commercial mortgage loans, trade receivables, credit card balances, consumer loans, lease receivables, automobile loans, insurance receivables, commercial bank loans, health care receivables, obligations of purchasers to natural gas producers, future rights to entertainment royalty payments and other consumer and business receivables.
It's hard for us to project what that would be, but as far as you can tell — or as far as we can reassure you — the only obligations we're committed to that are on the books that you can see is going to be the one last year of leases, which is $ 2 million net.
The contractual obligations as at December 31, 2008 totaled $ 5.8 M and represents operating lease payments for the company's headquarters through to 2016.
My valuation includes discounts made due to severance package (s), Merger Cancellation Clause, A presumed 2 year lease obligation, and $ 33.2 Million in Cash as well as hard assets appraised by Value Investors for Change.
As of June 30, 2009, VaxGen's unaudited cash, cash equivalents and marketable securities balance was approximately $ 36 million and its liabilities and contractual obligations consisted primarily of costs and expenses of its outstanding leases related to its former biopharmaceutical manufacturing operations located in South San Francisco, CA.
As a brief overview, the Management and Board have embarked upon a failed merger that garnered virtually no support from its shareholders, and was opposed by ISS, and continued on that path until the date of the special shareholders meeting and scheduled vote, spending lavishly in a failed effort to close it; attempted to implement substantial new options to itself, a plan opposed by ISS and the shareholders, which was withdrawn; continually paid itself outrageous sums of the shareholders money over the past three years; rejected highly qualified outside board members with deep, broad healthcare company experience supported by its shareholders; held many Board and Committee meetings with nothing to show for it; formed a new Strategic Transactions Committee that is highly paid but that has produced no deals for the shareholders to consider or for any outside valuation experts to formally review; spent lavishly on accountants, auditors and counsel; failed to successfully hire any outside professional negotiators and finally extinguish or remove the outstanding lease obligations; distributed no cash to the shareholders despite holding excess amounts; formed no special purpose entity to hold any royalty and milestone rights and payments for the benefit of its shareholders; and thus generally failed in its fiduciary duties to shareholders.
The act also includes provisions to help protect servicemembers against eviction, foreclosure, repossession, and civil court proceedings for the duration of their service, as well as allowing you to terminate certain obligations, such as cellphone contracts or vehicle leases, if you are called to service.
The remedies you can pursue against your former landlord may include release from rent obligations in the lease agreement, as well as covering damages that arose as a result of eviction, including moving expenses and damage to your property.
After reviewing the course of action that the owner took upon learning about the smoking complaints (including attempts to negotiate an early termination of the lease), the Judge concluded that the owner had satisfied his obligation under section 119 of the Condominium Act, 1998 as he had taken all reasonable steps to ensure the tenants complied with the corporation's rules.
The key words of the Virtual Assignment provided that: «The Intention of the Virtual Assignment is to pass to the Buyer all of the economic benefits and burdens of the Leases and Underleases in respect of the Properties, together with the obligation to manage all dealings with the Landlords and Undertenants as if the Properties had been assigned to the Buyer.
In addition to his core work, Richard regularly advises on various other issues for developers, investors and housebuilders such as: keep - open obligations, servitudes, lease disputes and interdicts.
A timely reminder Although Leonora v Mott Mcdonald relates to commercial premises, the case serves as a timely reminder of the Service Charges (Summary of Rights and Obligations, and Transitional Provisions)(England) Regulations 2007 (SI 2007/1257) in respect of residential leases which came into force just over a year ago on 1 October 2007.
Clayson v. Ogden [2010], Bournemouth County Court --(a forfeiture claim concerning the breach of repairing obligations in a lease of a flat and whether or not the lease qualified as a long lease)
Kirk Reynolds QC appears as leading counsel for the appellant, and Elizabeth Fitzgerald as Junior Counsel for the respondent, in an appeal concerning a claim for specific performance of an obligation to carry out works under a lease.
Dispute as to whether previous award of damages for breach of a «keep open» clause in a commercial lease precluded the landlords from enforcing the repairing obligation and having the vacant premises put into a condition whereby they could immediately be traded from.
Could there be a mutual meeting of minds where landlords and tenants may try to impose energy obligations on each other by way of «green leases»; where tenants might want their landlord to run the building in as energy efficient a manner as possible in line with their corporate and social responsibility reporting?
Fixed financial obligations such as long term leases on a property can be a major burden on any firm.
Quebec's Civil Code also contains various provisions dealing with external clauses, abusive clauses, penal clauses, illegible and incomprehensible clauses, and so on, to name a few, and also provides for a great number of statutorily imposed terms in what it calls «nominate» contracts (such as leases or contracts for services, which have rights and obligations specially prescribed by law).
Hired auto physical damage with loss of use coverage Covers comprehensive and collision damage to a leased or rented vehicle, as well as any other contractual obligations to the leasing or rental company
If you have named the Lessors of your Long - term leased auto as an Additional Insured and suffer a total «loss» we will pay your legal obligation owed for any difference between the actual cash value (ACV) of the insured auto and the outstanding lease balance to the Lessor.
Whilst providing some procedural rights to Indigenous peoples regarding leases, licences and permits regulating the management of water, the Native Title Act has been interpreted as not imposing an obligation to comply with the common law rules of procedural fairness.
Confusion after an assignment of lease as to whether or not the assignee or the assignor is responsible for the make good obligations as the assignee typically takes the space in an «as is» condition; and
And when you're acting as the listing broker, Standard of Practice 1 - 7 says you shall «continue to submit to the seller / landlord all offers and counter-offers until closing or execution of a lease unless the seller / landlord has waived this obligation in writing.»
A recent Ontario Divisional Court decision has sought to clarify conflicting decisions and provide guidance as to the obligations of tenants when their landlords terminate their lease early.
Standard of Practice 1 - 7 states, «When acting as listing brokers, REALTORS ® shall continue to submit to the seller / landlord all offers and counteroffers until closing or execution of a lease unless the seller / landlord has waived this obligation in writing...»
As frustrating as it can feel, unfortunately, unless it's written into your lease, your property manager is under no obligation to assist with issues between neighborAs frustrating as it can feel, unfortunately, unless it's written into your lease, your property manager is under no obligation to assist with issues between neighboras it can feel, unfortunately, unless it's written into your lease, your property manager is under no obligation to assist with issues between neighbors.
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A: Standard of Practice 1 - 7 of the Code requires: «When acting as listing brokers, REALTORS ® shall continue to submit to the seller / landlord all offers and counteroffers until closing or execution of a lease unless the seller / landlord has waived this obligation in writing.»
Inquiring as to whether the tenant has the financial capacity to meet its financial obligations under the lease is also imperative.
If your lease required truth in answering the questions, failure to enforce such a provision could cause you to have waived a number of other rights and obligations under the lease, as well as open you up to liability.
If the lease is classified as an operating lease, the seller's rent obligation usually is disclosed in a footnote to the balance sheet rather than as a liability.
The lease will be recorded as an asset and capitalized, and the obligation to make the future lease payments will be shown as a liability.
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