FINANCIAL LEASE OR LEASING. Contract through which a party, so called THE LESSOR grants another party, so called THE LESSEE, the use and possession of a good, in exchange for a periodic payment so called rent, with the option of acquiring it when the term the contract expires.
Appears in 5 contracts
Samples: Leasing Agreement (Transtel S A), Leasing Agreement (Transtel S A), Transtel S A
FINANCIAL LEASE OR LEASING. Contract through which a party, so called THE LESSOR grants another party, so called THE LESSEE, the use and possession of a good, in exchange for a periodic payment so called rent, with the option of acquiring it when the term the contract expires.
Appears in 1 contract
Samples: Leasing Agreement (Transtel S A)
