Examples of Lease Back in a sentence
The Company and any Subsidiary may guarantee any Lien created, incurred or assumed and any Sale and Lease Back Transaction consummated, in each case, in compliance with the terms described in this paragraph.
The take out financing of these aircraft will be through a Sale and Lease Back arrangement whereby the Company would sell these aircraft to a selected bidder and in turn lease these aircraft under an operating lease for 12 years.
The Borrower will not, nor will it permit any Subsidiary to, enter into any Sale and Lease Back Transaction.
Profit on Sale and Lease Back TransactionsIf a sale and lease back transaction results in a finance lease, any excess of sales proceeds over the carrying amount of the asset sold and leased back is deferred and amortized over the lease term.
Income Arising from Sale and Lease Back Transactions The excess of sales proceeds over the cost of an asset in a sale and lease back transaction is classified as deferred income.
Each Phase or Sub-Phase and the Lease Back Land shall be let with Vacant Possession on Lease Completion, save where otherwise agreed by the parties.
The Borrower shall not, and shall not permit any other Restricted Person to, directly or indirectly, enter any Sale and Lease Back Transaction.
The Farm Facility Transfer and related Farm Facility Lease Back with Option may be considered as a financing arrangement or a sale and lease-back agreement for tax purposes.
Under general supervision and direction from the Deputy Superintendent, the consultant will work directly with the Architect and Lease, Lease Back contractor, Inspector of Record and other construction professionals to ensure a smooth and timely construction process and product.
Finance Lease; - Sale and Lease Back; - Factoring with Recourse; - Purchase with installment payments; project financing; infrastructure financing; and/or - Other financing that has been approved by OJK.