Finance Lease Arrangement definition

Finance Lease Arrangement means the purchase of the Facilities by Chengtong Financial
Finance Lease Arrangement means the purchase of the Facilities by Chengtong Financial Leasing from the Lessee and the lease back of the Facilities to the Lessee pursuant to the terms of the Finance Lease Agreement
Finance Lease Arrangement means the purchase of the Facilities by the Lessor from Xiwang Special Steel and the lease back of the Facilities to the Company pursuant to the terms of the Finance Lease Agreement

Examples of Finance Lease Arrangement in a sentence

  • As the highest percentage ratio (as defined under the Listing Rules) in respect of the Finance Lease Arrangement exceeds 5% but is less than 25%, the Finance Lease Arrangement constitutes a discloseable transaction of the Company and is subject to the notification and announcement requirements under Chapter 14 of the Listing Rules.

  • The Directors are of the view that the terms of the Finance Lease Arrangement are fair and reasonable and are in the interests of the Company and the shareholders of the Company as a whole.

  • The Directors are of the view that under the Finance Lease Arrangement, the Group will obtain financial resources and gain access to certain equipment as required for its operations.

  • The Directors consider that the terms of the Finance Lease Arrangement are on normal commercial terms, fair and reasonable and are in the interests of the Company and the Shareholders as a whole.

  • The terms under the Finance Lease Arrangement have been agreed after arm’s length negotiation among the relevant parties.

  • Further, the terms of the Finance Lease Arrangement have been agreed after arm’s length negotiations between the relevant parties with reference to the initial purchase price and the carrying value of the Equipment as well as the prevailing market rates for finance lease of comparable equipment and machinery.

  • The Directors consider the terms of the Finance Lease Arrangement are on normal commercial terms, fair and reasonable and are in the interests of the Company and the shareholders of the Company as a whole.

  • The consideration for the Finance Lease Arrangement, considered as a whole, is effectively the principal amount of the finance lease granted to the Company by Industrial Bank Financial Leasing.

  • The Finance Lease Arrangement was entered into in the ordinary and usual course of business of the Company for the purpose of enabling the Company to obtain financial resources for its operations and to continue to use certain assets required for its operations.

  • In respect of the Finance Lease Arrangement, the carrying value of the Leased Assets as at 31 October 2021 was approximately RMB431.04 million.


More Definitions of Finance Lease Arrangement

Finance Lease Arrangement means the arrangement contemplated under the Purchase Contract, the Rig Lease Contract, the Consultancy Services Agreement, the Account Receivable Pledge Contract and the Second-Hand Rig Purchase Agreement
Finance Lease Arrangement means the purchase of the Vehicles by Chengtong Financial
Finance Lease Arrangement means the transactions contemplated under the Shipbuilding
Finance Lease Arrangement means, collectively, the Tranche One Arrangement and the Tranche Two Arrangement
Finance Lease Arrangement means, collectively, the transactions contemplated under the

Related to Finance Lease Arrangement

  • Finance Lease means any lease or hire purchase contract which would, in accordance with the Accounting Principles, be treated as a finance or capital lease.

  • Finance Lease Obligations means the liability under a Finance Lease as reflected on the balance sheet of such Person in accordance with GAAP.

  • Mortgage guaranty insurance means surety insurance under which a mortgagee or other creditor is indemnified against losses caused by the default of a debtor.

  • Finance agreement means a loan, lease, or installment sale agreement for a motor vehicle. The term includes, but is not limited to, an installment sale contract, a retail installment contract, or a retail charge agreement.

  • Management Agreement means the agreement of the Directors in the form attached hereto as Schedule C. The Management Agreement shall be deemed incorporated into, and a part of, this Agreement.

  • General Arrangement Drawings shall have the meaning set forth in Clause 3.1 (iii) (b);