Leveraged Lease Sample Clauses
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Leveraged Lease. Leveraged lease is the same as the direct lease, except that a third party, the lender, is involved in addition to the lessee & lessor. The lender partly finances the purchase of the asset to be leased; the lessor turns to be a borrower. Difference between the Operating and Financial Lease Meaning of Securitisation: Securitisation can be defined as:
Leveraged Lease. If, upon the sale of the Facility by the Partnership to the Owner Trustee in accordance with the provisions of the Loan Agreement, GE Capital exercises its option under subsection 5.8 of the Loan Agreement to cause the Owner Trustee to borrow funds to finance (or refinance) a portion of the purchase price of the Facility, the parties hereto agree to execute a supplement hereto to provide for such provisions as are customary and appropriate in respect of leveraged lease transactions.
Leveraged Lease. 18 1.47A Monthly Net Capital Amount . . . . . . . . . . . . . . . . . . 18 1.48 Moving Average Actual Cost . . . . . . . . . . . . . . . . . . 18 1.49 Net Distributed Cost . . . . . . . . . . . . . . . . . . . . . 18 1.50 Net Sales Price. . . . . . . . . . . . . . . . . . . . . . . . 18 1.51 Nitric Acid Specifications . . . . . . . . . . . . . . . . . . 19 1.
Leveraged Lease. Under this lease, there are three parties involved; the Lessor, the lender and the lessee. Under the leveraged lease, the Lessor acts as an equity participant supplying a small portion of the total cost of the assets while the lender supplies the major part. In this, the lessor has no risk on the finance the lender gave. And the lessee’s payments go to the lender who takes the leased asset on default and the lender holds the title of the asset.
Leveraged Lease. The leveraged lease is partially financed by the lessor through a third-party financial institution. In this case the title of leased asset is transferred to the lending company while the Lessor is allowed to make use of such asset because of the agreement with the lessee and collect payments from the company to meet his obligation toward lessee. Domestic Lease: A lease transaction, in which all the involved parties, viz. ‘Lessee’, ‘Lessor’ and ‘Supplier’ happen to be the resident of the same country is known as ‘Domestic Lease’.
Leveraged Lease. Under this arrangement, the lessor borrows funds from the lender and provides a part of the money to acquire the asset. The lessor services the debt out of lease rentals. Thus, there is third party (lender) in addition to the lessor and the lessee. The lender is usually a financial institution or a commercial bank. Leverage lease is used in case of very large assets such as a ship or an aero plane.