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.

Finance Lease Agreement means the finance lease agreement entered into between Chengtong Financial Leasing and the Lessee on 18 March 2020 in relation to the Finance Lease Arrangement

Finance Lease Agreement the finance lease agreement in respect of the Leased Assets previously entered into between the Asset Transferor and the Lessee

Examples of Finance Lease Agreement in a sentence

• The Directors are of the view that the entering into of the Finance Lease Agreement will strengthen the working capital positions of the Company and allow the Company to achieve a more balanced and efficient mix of long-term and short-term financing that will support its business and operational activities in the current and future market and enable it to pursue its strategic goals.

• On 24 January 2025, the Company entered into the Finance Lease Agreement with Industrial Bank Financial Leasing, whereby Industrial Bank Financial Leasing will purchase the Leased Assets from the Company and will lease the Leased Assets to the Company for the Lease Period, subject to early termination in accordance with the terms and conditions of the Finance Lease Agreement.

• The Directors consider that the Finance Lease Agreement was entered into on normal commercial terms after arm’s length negotiations between Industrial Bank Financial Leasing and the Company and the terms of the Finance Lease Agreement are fair and reasonable and in the interests of the Company and its shareholders as a whole.

• As none of the applicable percentage ratio (as defined under the Listing Rules) in respect of the Finance Lease Agreement exceeds 5%, the Finance Lease Agreement does not constitute a notifiable transaction for the Company under Chapter 14 of the Listing Rules, and is not subject to any announcement and reporting requirements.

• The amount of the factoring facilities interest is the same as the amount of interest payable under the Factoring Agreement by the lessees under the Finance Lease Agreement will be paid by the Company to the Factoring Bank upon receipt of the rent paid by the lessees on each rent payment date.

More Definitions of Finance Lease Agreement

Finance Lease Agreement the finance lease agreement dated 17 June 2020 between the Lessor and the Lessees, pursuant to which the Lessees agreed to sell the Leased Assets to the Lessor at a consideration of RMB300,000,000 and the Lessor agreed to lease back the Leased Assets to the Lessees 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 the finance lease agreement dated 13 August 2020 entered into by the Lessor and the Lessee

Finance Lease Agreement means the finance lease agreement dated 26 February 2020

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 the finance lease agreement dated 24 January 2025 and entered into between Industrial Bank Financial Leasing and the Company in relation of the purchase and the lease of the Leased Assets;