FINANCE LEASE AGREEMENTS Sample Clauses

FINANCE LEASE AGREEMENTS. Seller Parent shall obtain prior to the Closing written confirmation, in a form reasonably satisfactory to Buyers, from Sumitomo Mitsui Finance & Leasing Company Limited (f/k/a SMBC Leasing Company, Limited) that it has no objection to the transfer of the leases agreements (leasekeiyakusho) to Olympus Japan Newco as a Subsidiary of Buyers and will not accelerate any payment obligations or otherwise alter the obligations or Liability of Buyers with respect thereto.
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FINANCE LEASE AGREEMENTS. The principal terms contained in each of the Finance Lease Agreements are substantially similar. The principal terms of the Finance Lease Agreements are as follows: Lessor: the Company Lessee I: a limited liability company incorporated in the PRC, which is principally engaged in the provision of gas electricity generation services. Lessee II: a limited liability company incorporated in the PRC, which is principally engaged in the provision of photovoltaic electricity generation services. Lessee III: a limited liability company incorporated in the PRC, which is principally engaged in the provision of gas electricity generation services. The Lessee IV, the Lessee V, the Lessee VI, the Lessee VII, the Lessee VIII and the Lessee IX are limited liability companies incorporated in the PRC, which are principally engaged in the provision of photovoltaic electricity generation services. To the best of the Directors’ knowledge, information and belief after having made all reasonable enquiries, the Lessees and their ultimate beneficial owner are all independent third parties of the Company and its connected persons (as defined in the Listing Rules).
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FINANCE LEASE AGREEMENTS. (1) Sale and Purchase Agreement
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FINANCE LEASE AGREEMENTS. On 2 November 2015, Xxxxxxxxx Finance entered into the Finance Lease Agreement 1 with Dishangtie, pursuant to which Rongjinda Finance conditionally agreed to purchase the Leased Assets 1 from Dishangtie at a total consideration of RMB600,000,000 (equivalent to approximately HK$732,000,000), which will be leased back to Dishangtie for a term of 36 months. On 2 November 2015, Rongjinda Finance entered into the Finance Lease Agreement 2 with Huanggangbiaoqi, pursuant to which Rongjinda Finance conditionally agreed to purchase the Leased Assets 2 from Huanggangbiaoqi at a total consideration of RMB50,000,000 (equivalent to approximately HK$61,000,000), which will be leased back to Huanggangbiaoqi for a term of 48 months. As the applicable percentage ratios calculated under Rule 14.07 of the Listing Rules in respect of the transactions contemplated under the Loan Agreements and the Finance Lease Agreement 2 are more than 5% but less than 25%, the transactions contemplated thereunder constitute discloseable transactions for the Company. As the applicable percentage ratios calculated under Rule 14.07 of the Listing Rules in respect of the transaction contemplated under the Finance Lease Agreement 1 are more than 25% but less than 100%, the transaction contemplated thereunder constitutes a major transaction for the Company. As the Loan Agreements and the Finance Lease Agreements were all of the nature of financial assistance and entered into within a 12-month period, pursuant to Rule 14.22 of the Listing Rules, the Loan Agreements and the Finance Lease Agreements are required to be aggregated in the calculation of the relevant percentage ratios to determine the classification of notifiable transactions for the purpose of the Listing Rules. One of the applicable percentage ratios calculated under Rule 14.07 of the Listing Rules in respect of the transactions contemplated under the Loan Agreements and the Finance Lease Agreements, when aggregated under Rule 14.22 of the Listing Rules, is more than 100%. As the transactions contemplated under the Loan Agreements and the Finance Lease Agreements do not involve disposal or acquisition of assets, even if one of the applicable percentage ratios is more than 100%, the transactions shall only constitute a major transaction for the Company pursuant to Chapter 14 of the Listing Rules and are subject to the notification, announcement and Shareholders’ approval requirements under Chapter 14 of the Listing Rules. A SGM will be ...
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FINANCE LEASE AGREEMENTS. ADAB Manufacturing Revenue — Gross Margin Reports by Month 2002 and 2003
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FINANCE LEASE AGREEMENTS. On 26 August 2022, Xxxxx Xxxxxxx (a wholly-owned subsidiary of the Company), as the Lessee, entered into the Jinan Beikong Finance Lease Agreement with BG Finance, as Lessor, pursuant to which Xxxxx Xxxxxxx has agreed to transfer and change the registration of the ownership of the Xxxxx Xxxxxxx Leased Assets under the name of BG Finance from Xxxxx Xxxxxxx for a transfer consideration of RMB23,000,000 (equivalent to approximately HK$26,390,000), and BG Finance has then agreed to lease to Jinan Beikong with the lease principal of RMB23,000,000 (equivalent to approximately HK$26,390,000), the lease interest of approximately RMB5,609,418.80 (equivalent to approximately HK$6,436,000) and the total rent (lease principal plus lease interest) of approximately RMB28,609,418.80 (equivalent to approximately HK$32,826,000). On 26 August 2022, Pucheng Gerui (a wholly-owned subsidiary of the Company), as the Lessee, entered into the Pucheng Gerui Finance Lease Agreement with BG Finance, as Lessor, pursuant to which Pucheng Gerui has agreed to transfer and change the registration of the ownership of the Pucheng Gerui Leased Assets under the name of BG Finance from Pucheng Gerui for a transfer consideration of RMB49,000,000 (equivalent to approximately HK$56,223,000), and BG Finance has then agreed to lease to Pucheng Gerui with the lease principal of RMB49,000,000 (equivalent to approximately HK$56,223,000), the lease interest of approximately RMB11,950,501 (equivalent to approximately HK$13,712,000) and the total rent (lease principal plus lease interest) of approximately RMB60,950,501 (equivalent to approximately HK$69,935,000).
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FINANCE LEASE AGREEMENTS. On 16 March 2023 (after trading hours), Huaqin New Energy (an indirect subsidiary of the Company) and CITIC Financial Leasing entered into the Finance Lease Agreement I, pursuant to which CITIC Financial Leasing agreed to purchase the Leased Assets I from Huaqin New Energy for a total consideration of RMB370 million, which shall then be leased back to Huaqin New Energy, subject to the terms and conditions provided therein. On the same day, Tianhai Photovoltaic (an indirect subsidiary of the Company) and CITIC Financial Leasing entered into the Finance Lease Agreement II, pursuant to which CITIC Financial Leasing agreed to purchase the Leased Assets II from Tianhai Photovoltaic for a total consideration of RMB150 million, which shall then be leased back to Tianhai Photovoltaic, subject to the terms and conditions provided therein. As the highest applicable percentage ratio in respect of each of the Finance Lease Agreements exceeds 5% but is less than 25%, the entering into of each of the Finance Lease Agreements constitutes a discloseable transaction of the Company and is therefore subject to the notification and announcement requirements under Chapter 14 of the Listing Rules.
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Related to FINANCE LEASE AGREEMENTS

  • Lease Agreements 13.1 The Customer shall provide FPL a copy of the lease agreement, as applicable, for any and all leased interconnection equipment. 13.2 The Customer shall not enter into any lease agreement that results in the retail purchase of electricity; or the retail sale of electricity from the Customer-owned renewable generation. Notwithstanding this restriction, in the event it is determined by the Florida Public Service Commission that the Customer has entered such an agreement, the Customer shall be in breach of this Interconnection Agreement and the lessor may become subject to the jurisdiction and regulations of the Florida Public Service Commission as a public utility.

  • Lease Agreement On the terms stated in this Lease, Landlord leases the Premises to Tenant, and Tenant leases the Premises from Landlord, for the Term beginning on the Commencement Date and ending on the Termination Date unless extended or sooner terminated pursuant to this Lease.

  • Operating Leases Incur any obligation to pay rent under an operating lease in any Fiscal Year if to do so would result in the aggregate obligation of Borrower and its Subsidiaries to pay rent under all operating leases in that Fiscal Year to exceed $4,000,000.

  • MANAGEMENT AGREEMENT AND FRANCHISE AGREEMENT (a) At or prior to the Closing, Seller shall terminate the Existing Management Agreement and the Existing Franchise Agreement, and Seller shall be solely responsible for all claims and liabilities arising thereunder on, prior to or following the Closing Date, except termination or similar fees, which shall be paid by Buyer. Seller shall be responsible for paying all costs related to the termination of the Existing Management Agreement and Buyer shall be responsible for paying all reasonable and actual costs of the Franchisor related to the assignment or termination, as applicable, of the Existing Franchise Agreement. (b) At Closing, Buyer shall enter into the New Management Agreement in the form attached as Exhibit E and the New Franchise Agreement, effective as of the Closing Date, containing terms and conditions acceptable to Buyer (including, without limitation, such terms and conditions as may be required to accommodate Buyer’s and/or Buyer’s Affiliates’ REIT structure). (c) Seller shall use best efforts to promptly provide all information required by the Franchisor in connection with the New Franchise Agreement. Prior to the expiration of the Review Period, Buyer and Franchisor shall agree on the form and substance of the New Franchise Agreement. Except as otherwise provided in this Contract, the New Franchise Agreement shall contain such terms and conditions as are acceptable to Buyer in its sole and absolute discretion.

  • Existing Leases During the period from the expiration of the Inspection Period through Closing (or earlier termination of this Agreement or default by Buyer hereunder), Seller shall not enter into new leases for portions of the Premises now vacant or for portions of the Premises which may become vacant, or enter into any amendments of any Existing Leases or consent to any renewals, extensions or expansions of Existing Leases or agree to any rental concessions (other than (i) those to which the tenant is entitled pursuant to the terms of the Existing Leases, (ii) those for which the rent is greater than the rent shown on the Rent Roll (as hereinafter defined) for the applicable unit, (iii) the following rental concessions: 10% discounts for law enforcement officers, 5% discount for teachers, 5% discount for hospital personnel, and 3% discount for senior citizens (such discounts are taken off market rent, on one year leases only and cannot be combined with any other discount or concession), so long as not more than twenty (20) new leases subject to such concessions are executed after the expiration of the Inspection Period, and (iv) those rental concessions which are paid by Seller prior to the Closing Date, and in all events using forms substantially the same as those used for the Existing Leases) without first submitting such a copy of such proposed lease or lease amendment (including any renewal, extension or expansion as to which the lessor's consent is required) to Buyer for Buyer's approval. If Buyer does not disapprove in writing such a proposed lease or amendment (or renewal, extension or expansion agreement) within five (5) business days of Buyer's receipt of a copy thereof, Buyer shall be deemed to have approved the proposed lease or amendment (or renewal, extension or expansion agreement). All such new leases and modifications approved or deemed approved by Buyer (and renewals, extensions or expansions approved or deemed approved by Buyer or as to which the lessor's consent is not required), all new leases entered into prior to the expiration of the Inspection Period, and the presently existing leases that are listed on Exhibit "C" hereto are collectively herein called the "Existing Leases". The termination or expiration of any of the Existing Leases prior to Closing shall not excuse Buyer from its obligation to complete Closing and to pay the full Purchase Price.

  • Operating Lease (i) Each Borrower shall (a) promptly perform and observe all of the covenants required to be performed and observed by it under the Operating Leases and do all things necessary to preserve and to keep unimpaired its material rights thereunder; (b) promptly notify Lender of any material default under any Operating Lease of which it is aware; (c) promptly deliver to Lender a copy of any notice of default or other material notice under any Operating Lease delivered to any Operating Lessee by Borrower; (d) promptly give notice to Lender of any notice or information that Borrower receives which indicates that an Operating Lessee is terminating its Operating Lease or that any Operating Lessee is otherwise discontinuing its operation of the applicable Individual Property; and (e) promptly enforce the performance and observance of all of the material covenants required to be performed and observed by the Operating Lessee under the applicable Operating Lease. (ii) If at any time, (A) an Operating Lessee shall become insolvent or a debtor in a bankruptcy proceeding or (B) Lender or its designee has taken title to an Individual Property by foreclosure or deed in lieu of foreclosure, has become a mortgagee-in-possession, has appointed a receiver with respect to the applicable Individual Property or has otherwise taken title to such Individual Property, Lender shall have the absolute right to (and Borrower and Operating Lessee shall reasonably cooperate and not in any way hinder, delay or otherwise interfere with Lender’s right to), immediately terminate the applicable Operating Lease under and in accordance with the terms of the applicable Subordination, Attornment and Security Agreement. (iii) Borrower shall not, without the prior written consent of Lender, which consent shall not be unreasonably withheld: (a) surrender, terminate or cancel any Operating Lease or otherwise replace any Operating Lessee or enter into any other operating lease with respect to any Individual Property, provided, however, at the end of the term of each Operating Lease, the applicable Borrower may renew such Operating Lease or enter into a replacement Operating Lease with Operating Lessee on substantially the same terms as the expiring Operating Lease except that Lender shall have the right to approve any material change thereto; (b) reduce or consent to the reduction of the term of any Operating Lease; or (c) enter into, renew, amend, modify, waive any provisions of, reduce Rents under, or shorten the term of any Operating Lease.

  • Space Leases (i) To Borrower’s best knowledge, Borrower has delivered a true, correct and complete schedule of all Space Leases as of the date hereof, which accurately and completely sets forth in all material respects, for each such Space Lease, the following (collectively, the “Rent Roll”): the name and address of the tenant; the lease expiration date, extension and renewal provisions; the base rent and percentage rent payable; and the security deposit held thereunder. (ii) Each Space Lease constitutes the legal, valid and binding obligation of Borrower or, the Operating Tenant, as applicable, and, to the knowledge of Borrower, is enforceable against the tenant thereof. No default exists, or with the passing of time or the giving of notice would exist, which would, in the aggregate, have a Material Adverse Effect. (iii) To Borrower’s best knowledge, no tenant under any Major Space Lease has, as of the date hereof, paid Rent more than thirty (30) days in advance, and the Rents under such Major Space Leases have not been waived, released, or otherwise discharged or compromised. (iv) To Borrower’s best knowledge, except as disclosed in writing to Lender, all work to be performed by Borrower under the Space Leases has been substantially performed, all contributions to be made by Borrower to the tenants thereunder have been made except for any held-back amounts, and all other conditions precedent to each such tenant’s obligations thereunder have been satisfied. (v) To Borrower’s best knowledge, except as previously disclosed to Lender in writing or contained in the Space Leases, there are no options to terminate any Space Lease. (vi) To Borrower’s best knowledge, each tenant under a Major Space Lease or such tenant’s authorized subtenant is currently occupying the space demised by such Major Space Lease. (vii) To Borrower’s best knowledge, Borrower has delivered to Lender true, correct and complete copies of all Space Leases described in the Rent Roll. (viii) No Space Lease has been assigned or, to Borrower’s best knowledge, modified, supplemented or amended in any way. (ix) To Borrower’s best knowledge, each tenant under each Space Lease is free from bankruptcy, reorganization or arrangement proceedings or a general assignment for the benefit of creditors. (x) To Borrower’s best knowledge, no Space Lease provides any party with the right to obtain a lien or encumbrance upon the Property superior to the lien of this Security Instrument.

  • Property Management Agreement The Property Management Agreement is in full force and effect and, to Borrower's Knowledge, there are no defaults thereunder by any party thereto and no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunder.

  • Loan Agreements Notwithstanding any term hereof (or any term of the UCC that might otherwise be construed to be applicable to a “securities intermediary” as defined in the UCC) to the contrary, none of the Collateral Agent, the Collateral Custodian nor any securities intermediary shall be under any duty or obligation in connection with the acquisition by the Borrower, or the grant by the Borrower to the Collateral Agent, of any Loan Asset in the nature of a loan or a participation in a loan to examine or evaluate the sufficiency of the documents or instruments delivered to it by or on behalf of the Borrower under the related Loan Agreements, or otherwise to examine the Loan Agreements, in order to determine or compel compliance with any applicable requirements of or restrictions on transfer (including without limitation any necessary consents). The Collateral Custodian shall hold any Instrument delivered to it evidencing any Loan Asset granted to the Collateral Agent hereunder as custodial agent for the Collateral Agent in accordance with the terms of this Agreement.

  • Supplemental Lease Agreement No 8, dated May 28, 2002, by and between Hub Properties Trust (“Owner/Lessor”) and United States of America (“Government/Lessee”).

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