For the periods after December 31, 2006, minimum rental lease commitments under noncancelable operating leases, primarily real estate and office facilities, amount to A130 million. |
The facility closure costs include certain noncancelable operating lease termination and other facility exit costs. |
The Company has entered into noncancelable operating leases containing no renewal options and expiring on December 2005 for the rental of office space, automotive equipment and office equipment. |
The Company's properties are generally leased under long-term, triple-net leases, with a weighted average remaining noncancelable lease term of approximately 16 years. |
The Principal also ranks sixth in the industry for in-force group disability contracts and noncancelable individual disability income premium. |
Also hurting those policies was that they were noncancelable and offered high levels of income replacement. |