Examples of Asset Transferor in a sentence
The Transfer Target represents the ownership of the Leased Assets, creditor’s rights of the rent receivables, all the security interests under the Finance Lease Agreement, and all relevant obligations of the Asset Transferor under the Finance Lease Agreement.
The Asset Transferor does not separately account for the profit before and after taxation of the Transfer Target.
Information of the Asset Transferor The Asset Transferor is a state-owned enterprise incorporated in the PRC on 30 August 2004 and located in Beijing, the PRC, which is principally engaged in finance lease and other businesses.
The terms of the Asset Transfer Agreement (including the transfer consideration) were determined upon arm’s length negotiation among the Asset Transferee and the Asset Transferor with reference to the appraised value of the Transfer Target, prevailing business practices and the financial position of the transaction counterparty.