MINIMUM LEASE PAYMENTS

From the lessee perspective- all payments that are required to be made- may be required to be made or- in all probability- will be made to the lessor per the lease agreement. Minimum lease payments for the lessee include- but are not limited to- the lease payments (excluding executory costs) during the noncancellable lease term- bargain purchase options- any put purchase options- the amount of any lessee residual guarantees and nonrenewal penalties that are insufficiently severe to cause renewal. Minimum lease payments for the lessor include all payments to be received from the lessee- as described above- as well as the amount of any residual guarantees by unrelated third-party guarantors.