Finance Lease Agreement definition

Finance Lease Agreement means the agreement between You and the Finance Company arranged by the Supplying Outlet for the use of Your Vehicle. The monthly rental must not exceed £1,500 per month excluding VAT.

Examples of Finance Lease Agreement in a sentence

  • If You have a Contract Hire Agreement or a Finance Lease Agreement, in the event of the Total Loss of Your Vehicle occurring within the Territorial Limits during the Period of Insurance, the Insurer agrees to pay the Finance Company on Your behalf, the amount by which the Early Settlement Balance exceeds the Motor Insurance Settlement.

  • The principal terms of the Finance Lease Agreement are set out below.

  • The Directors are of the opinion that the Group will be able to supplement its working capital through the Finance Lease Agreement, the terms and conditions of which are on normal commercial terms, fair and reasonable and in the interests of the Company and its shareholders as a whole.

  • Having considered the above, the Directors (including the independent non-executive Directors) are of the view that the transactions contemplated under the Finance Lease Agreement are entered into on normal commercial terms, and the terms set out in the Finance Lease Agreement are fair and reasonable and in the interests of the Company and its shareholders as a whole.

  • The terms of the Finance Lease Agreement are determined after arm’s length negotiations with reference to the average fair market price of the similar assets and the prevailing market interest rates and trading terms of the similar assets finance lease agreements.


More Definitions of Finance Lease Agreement

Finance Lease Agreement the finance lease agreement dated 12 June 2020 between the Lessor and the Lessee, pursuant to which the Lessee agreed to sell the Leased Assets to the Lessor at a consideration of RMB210,000,000 and the Lessor agreed to lease back the Leased Assets to the Lessee during the Lease Term;
Finance Lease Agreement means, an agreement made in conformity with Section 4 of this Chapter.
Finance Lease Agreement the finance lease agreement entered into between the Lessor and the Lessee on November 1, 2023 “independent third party(ies)’’ any individual or company not being the connected persons (as defined under the Listing Rules) of the Company, independent of the Company and its connected persons (as defined under the Listing Rules) and not connected with them “Leased Assets” GPU servers, with an estimated fair value of RMB50,000,000 “Lessee” Beijing Wanjie Zhisuan Technology Co., Ltd.* ( 北京萬界智算科技 有限公司), a limited liability company incorporated in the PRC, which is principally engaged in computing services and data services. The ultimate beneficial owner of the Lessee is XX Xxxxxxxx* ( 呂超星) “Lessor” the Company
Finance Lease Agreement means the finance lease agreement dated 26 February 2020
Finance Lease Agreement the finance lease agreement entered into between the Lessor and the Lessee on 25 October 2023
Finance Lease Agreement the finance lease agreement in respect of the Leased Assets previously entered into between the Company and the Lessee “Hong Kong” the Hong Kong Special Administrative Region of the PRC “Leased Assets” subway equipment and other assets located in Sichuan Province, the PRC “Lessee” a state-owned enterprise incorporated in the PRC on 21 October 2004 and located in Sichuan Province, the PRC, which is principally engaged in the businesses of urban (inter-city) rail transit projects such as subway, tram and light rail, etc.
Finance Lease Agreement. X” the finance lease agreement entered into between the Lessor and the Lessee I on May 14, 2024 “Finance Lease Agreement XI” the finance lease agreement entered into between the Lessor and the Lessee I on August 7, 2024 “independent third party(ies)” any individual or company not being the connected persons (as defined under the Listing Rules) of the Company, independent of the Company and its connected persons (as defined under the Listing Rules) and not connected with them “Leased Assets” the Leased Assets VII, the Leased Assets VIII, the Leased Assets IX, the Leased Assets X and the Leased Assets XI “Leased Assets VII” star spinning pumping pump skid, with an estimated fair value of RMB7,304,424 “Leased Assets VIII” star spinning pumping pump skid, with an estimated fair value of RMB8,600,268 “Leased Assets IX” star spinning pumping pump skid, with an estimated fair value of RMB16,933,785.27 “Leased Assets X” star spinning pumping pump skid, with an estimated fair value of RMB16,524,384 “Leased Assets XI” star spinning pumping pump skid, with an estimated fair value of RMB11,252,653.40