Common use of Operating Lease Obligations Clause in Contracts

Operating Lease Obligations. Borrower shall not incur operating lease obligations requiring payments in excess of $100,000 in the aggregate during any Fiscal Year of Borrower.

Appears in 3 contracts

Sources: Loan and Security Agreement (Crdentia Corp), Loan and Security Agreement (Crdentia Corp), Loan and Security Agreement (Cti Industries Corp)

Operating Lease Obligations. Borrower shall not incur operating lease obligations requiring payments in excess of $100,000 700,000 in the aggregate during any Fiscal Year of Borrower.

Appears in 2 contracts

Sources: Loan and Security Agreement (Crdentia Corp), Loan and Security Agreement (Crdentia Corp)

Operating Lease Obligations. Borrower Borrowers shall not incur operating lease obligations requiring payments in excess of which would exceed One Million and No/100 Dollars $100,000 1,000,000.00 in the aggregate during any Fiscal Year of BorrowerBorrowers.

Appears in 1 contract

Sources: Loan and Security Agreement (Smithway Motor Xpress Corp)

Operating Lease Obligations. Borrower shall not incur operating lease obligations requiring payments in excess of $100,000 300,000 in the aggregate during any Fiscal Year of Borrower.

Appears in 1 contract

Sources: Loan and Security Agreement (Crdentia Corp)