WEN » Topics » Rental Expense

This excerpt taken from the WEN 8-K filed Jan 16, 2009.
Rental Expense” of a Person means the aggregate fixed amounts payable by such Person under any Operating Lease.
 
This excerpt taken from the WEN 10-K filed Mar 1, 2007.

Rental Expense

Rental expense, including scheduled rent increases, is recognized on a straight-line basis over the term of the respective operating lease, including periods covered by renewal options that the Company believes it is reasonably assured of exercising (“Straight-Line Rent”).

This excerpt taken from the WEN 10-K filed Apr 3, 2006.

Rental Expense

       Rental expense, including scheduled rent increases, is recognized on a straight-line basis over the term of the respective operating lease, including periods covered by renewal options that the Company believes it is reasonably assured of exercising where the failure to renew would result in an economic detriment to the Company (“Straight-Line Rent”).

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