Examples of Finance Lease Agreement in a sentence
At the end of the lease period and subject to payment by JDEC and Tianjin Clean Energy of (i) all amounts due under the Finance Lease Agreement; and (ii) a nominal consideration of RMB1, the ownership of the Leased Assets will be vested in JDEC and Tianjin Clean Energy.
The ownership of the Leased Assets under the Finance Lease Agreement will be vested in ICBC Leasing throughout the lease period.
LISTING RULES IMPLICATIONS As the applicable percentage ratios calculated under Rule 14.07 of the Listing Rules in respect of the transactions contemplated under the Loan Agreements and the Finance Lease Agreement 2 are more than 5% but less than 25%, the transactions contemplated thereunder constitute discloseable transactions for the Company.
In order to secure Dao County’s obligations under the Finance Lease Arrangement, the following security documents have also been executed on 23 August 2018 (after trading hours): Guarantee Agreement The Company has entered into the guarantee agreement in favour of Huaneng Tiancheng (the “Guarantee Agreement”), pursuant to which the Company has agreed to provide an irrevocable guarantee for all the debts of the Huaneng Tiancheng under the Finance Lease Agreement.
Shortfall Guarantee Agreement Century Concord has entered into a shortfall guarantee agreement in favour of Huaneng Tiancheng (the “Shortfall Guarantee Agreement”), pursuant to which Century Concord has agreed to provide an irrevocable shortfall guarantee to Dao County, to guarantee the debts of Huaneng Tiancheng under the Finance Lease Agreement.