Reasons for and Benefits of Entering into the CDB New Energy Finance Lease Service Framework Agreement Sample Clauses

Reasons for and Benefits of Entering into the CDB New Energy Finance Lease Service Framework Agreement. Finance lease service (including but not limited to sale-and-leaseback and direct lease services) is the core business of the Company. The provision of finance lease service by the Company to CDB New Energy is able to satisfy the business needs of both parties. On the one hand, the provision of lease services to CDB New Energy and its subsidiaries is in line with the new energy development strategy of the Company, which helps the Company obtain stable and low-risk income; on the other hand, our provision of lease services is able to meet the respective business demands of the Company and CDB New Energy. The Directors (including independent non-executive Directors) are of the view that the CDB New Energy Finance Lease Service Framework Agreement has been entered into on normal commercial terms, and is fair and reasonable, and in line with the interests of the Company and its Shareholders as a whole.
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  • ENHANCED AND SUPPLEMENTAL SERVICES BY COUNTY (Continued) 2 ongoing services that SHERIFF otherwise would provide to CITY pursuant to 3 this Agreement. Such supplemental services shall be provided only by 4 regularly appointed full-time peace officers, at rates of pay governed by a 5 Memorandum of Understanding between COUNTY and the bargaining unit 6 representing the peace officers providing the services. Such supplemental 7 services shall include only law enforcement duties and shall not include 8 services authorized to be provided by a private patrol operator, as defined in 9 Section 7582.1 of the Business and Professions Code. Law enforcement 10 support functions, including, but not limited to, clerical functions and forensic 11 science services, may be performed by non-peace officer personnel if the 12 services do not involve patrol or keeping the peace and are incidental to the 13 provision of law enforcement services. CITY shall reimburse COUNTY its 14 full, actual costs of providing such supplemental services at an amount 15 computed by SHERIFF, based on the current year's COUNTY law 16 enforcement cost study. The cost of these supplemental services shall be in 17 addition to the Maximum Obligation of CITY set forth in Subsection G-2 of 18 this Agreement. SHERIFF shall xxxx CITY immediately after each such event.

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