Where KLC OpCo appears
27 total
…ock of the CMBS borrower, and $150 million of junior mezzanine debt, the proceeds of which were used to repay KLC OpCo debt. The table below summarizes the revised corporate structure at KLC: $100.0 million Revolver $16.4 millian Capital Le...
and the Master Lease may not be terminated by KLC OpCo. KLC OpCo is
and KLC OpCo entered into a Master Lease with KLC PropCo for
together with the lease of KLC PropCo-owned centers to KLC OpCo
requiring KLC OpCo to fund all property taxes
the proceeds of which were used to repay KLC OpCo debt. The table below
and is projected to grow to 6.0% in 2011. KLC OpCo projects that growth in the School
KLC OpCo projects Utilization will have increased to 65.2%.
requires significant judgment. KLC OpCo estimates the
which could have a material adverse effect on KLC OpCo's operations.
KLC OpCo must seek approval to provide services in a state through a request-for-proposal
KLC OpCo is actively involved in teaching the
KLC OpCo has identified 50 centers which it intends to close and will
KLC OpCo collects tuition for its own account
KLC OpCo's and KLC PropCo's projected results of operations for the years ended December
see The Operating Company (KLC OpCo) — Licensing and
together with the lease of KLC PropCo-owned centers to KLC OpCo
but will not be leased back to KLC OpCo. KLC PropCo has projected that it will
…a result of these factors. Selling, General and Administrative Expenses Due to the relatively fixed nature of KLC OpCo's selling, general and administrative (GG&A) expenses, KLC OpCo projects that SG&A will increase at a rate of 4.5% annual...
… Partnerships accounts for 3.3% of total pro forma revenue in 2005, and is projected to grow to 6.0% in 2011. KLC OpCo projects that growth in the School Partnerships business will be primarily driven by growth in the SES market (more schoo...
