FINANCE LEASE AGREEMENT. The principal terms of the Finance Lease Agreement are set out as follows: Date 27 May 2016 Parties
FINANCE LEASE AGREEMENT. The Board is pleased to announce that, on 27 November 2020 (after trading hours), Dali Water entered into the Finance Lease Agreement with BoCom Leasing. The principal terms of the Finance Lease Agreement are summarized as follows:
FINANCE LEASE AGREEMENT. 1 Sale and purchase arrangement Conditions precedent
FINANCE LEASE AGREEMENT. The Board is pleased to announce that, on 9 December 2020 (after trading hours), Xxxxx Xxxxxxx (Tiantai) entered into the Finance Lease Agreement with ABC Financial Leasing. The principal terms of the Finance Lease Agreement are summarized as follows:
FINANCE LEASE AGREEMENT. The Board announces that the JV Company and Hongze Hospital entered into the Finance Lease Agreement on 28 June 2018. The principal terms of the Finance Lease Agreement are set out below. 28 June 2018 Lessor: the JV Company Lessee: Hongze Hospital To the best of the Directors’ knowledge, information and belief after having made all reasonable enquiries, Hongze Hospital and its ultimate beneficial owners are Independent Third Parties.
FINANCE LEASE AGREEMENT. The principal terms of the Finance Lease Agreement are summarised as follows: Date: 26 September 2022 (after trading hours)
FINANCE LEASE AGREEMENT. Date Parties Lease Assets
FINANCE LEASE AGREEMENT. Subject matter
FINANCE LEASE AGREEMENT. On 19 December 2023, the Company entered into the Finance Lease Agreement with Industrial Bank Financial Leasing, whereby Industrial Bank Financial Leasing will purchase the Leased Assets from the Company and will lease the Leased Assets to the Company for the Lease Period, subject to early termination in accordance with the terms and conditions of the Finance Lease Agreement. The principal terms of the Finance Lease Agreement are set out below: The Purchase Price shall be used by the Company to replenish its working capital. The total amount of lease payment represents the sum of the lease principal amount (being the amount of the Purchase Price of RMB100 million to be paid by Industrial Bank Financial Leasing) and the lease interest which will be calculated on the then outstanding lease principal amount with a floating interest rate of 90 basis points over the LPR from time to time. : During the Lease Period, Industrial Bank Financial Leasing will have legal ownership of the Leased Assets. : Upon expiry of the Lease Period, the Company shall repurchase the Leased Assets from Industrial Bank Financial Leasing at the consideration of RMB1.
FINANCE LEASE AGREEMENT. The Board announces that the JV Company and Shanxi Hospital entered into the Finance Lease Agreement on 5 November 2015. The principal terms of the Finance Lease Agreement are set out below. 5 November 2015 Lessor: the JV Company Lessee: Shanxi Hospital To the best of the Directors’ knowledge, information and belief after having made all reasonable enquiries, Shanxi Hospital and its ultimate beneficial owners are Independent Third Parties. Pursuant to the Finance Lease Agreement, the JV Company agreed to lease the Machinery and Equipment back to Shanxi Hospital for a term of three years commencing from the day the JV Company makes the first payment to Shanxi Hospital in accordance with the Sale and Purchase Agreement. The Machinery and Equipment comprised certain machinery and equipment including medical equipment such as endoscope, X-ray machine, and multi-functional operation table owned by Shanxi Hospital. Pursuant to the Finance Lease Agreement, the amount of lease rent to be paid by Shanxi Hospital to the JV Company was calculated based on the principal lease cost and the lease interest rate. The total principal lease cost under the Finance Lease Agreement was RMB20,000,000.00 (equivalent to approximately HK$24.4 million). The lease rent is calculated at the actual interest rate of 9% per annum during the lease term, subject to the adjustment pursuant to the adjustment of the interest rate published by the People’s Bank of China. Based on the aforementioned interest rate, the total lease rent payable by Shanxi Hospital under the Finance Lease Agreement will be RMB23,044,188.00 (equivalent to approximately HK$28.1 million) subject to the adjustment of the interest rate. In accordance with the Finance Lease Agreement, the lease rent will be payable by Shanxi Hospital every three months in twelve installments. In the event that Shanxi Hospital fails to pay any sum payable under the Finance Lease Agreement when due, default interest may be charged for each day of late repayment, if more than one day of late repayment, at the rate of 0.1% per day of any sum payable. Shanxi Hospital shall pay a refundable interest-free deposit of RMB1,400,000.00 (equivalent to approximately HK$1.71 million) to the JV Company as a guarantee of its obligation under the Finance Lease Agreement within two working days after the JV Company makes the first payment in accordance to the Sale and Purchase Agreement. Such deposit shall be used to offset any default of repayment of Sh...
