Common use of Leased Assets Clause in Contracts

Leased Assets. The Leased Assets II are unmanned intelligent containers, with an estimated fair value of RMB9,884,336. The Leased Assets III are unmanned intelligent containers, with an estimated fair value of RMB6,667,000. The Leased Assets IV are unmanned intelligent containers, with an estimated fair value of RMB10,000,500. The Leased Assets V are unmanned intelligent containers, with an estimated fair value of RMB10,333,850. The Lessee does not separately account for the pre tax and post tax profits of the Leased Assets. The transfer price for the acquisition of Leased Assets under the Finance Lease Agreements shall be allocated by the internal resources of the Company. If the Lessee has properly and fully performed all of its obligations under the Finance Lease Agreements, the Lessee is entitled to acquire the Leased Assets at the consideration of RMB100 in nominal value pursuant to the terms and conditions of the Finance Lease Agreements, upon the expiry of the Finance Lease Agreements.

Appears in 2 contracts

Samples: Purchase Agreement, Purchase Agreement

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Leased Assets. The Leased Assets I are unmanned intelligent containers, with an estimated fair value of RMB12,529,440. The Leased Assets II are unmanned intelligent containers, with an estimated fair value of RMB9,884,336. The Leased Assets III are unmanned intelligent containers, with an estimated fair value of RMB6,667,000. The Leased Assets IV are unmanned intelligent containers, with an estimated fair value of RMB10,000,500. The Leased Assets V are unmanned intelligent containers, with an estimated fair value of RMB10,333,850. The Lessee lessee does not separately account for the pre tax and post tax profits of the Leased Assets. The transfer price for the acquisition of Leased Assets under the Finance Financing Lease Agreements shall be allocated by the internal resources of the Companycompany. If the Lessee has properly and fully performed all of its obligations under the Finance Lease Agreements, the Lessee is entitled to acquire the Leased Assets at the consideration of RMB100 in nominal value pursuant to the terms and conditions of the Finance Lease Agreements, upon the expiry of the Finance Lease Agreements.

Appears in 1 contract

Samples: Purchase Agreement

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