Lease Property. 2.1 The lease items under this Contract refer to the items mentioned in the List of Lease Items (Appendix III, same hereinafter). Signed between the lease item and the lessor and the lessee the lease item purchase contract (after-sales leaseback) (attachment 1, similarly hereinafter) the appointment of buy and sell the subject matter. 2.2 The leased Property is purchased by the lessor from the lessee according to the lessee’s requirements and independent choice. The lessee does not rely on the lessor’s skills to determine the leased property and the seller, and the lessor does not interfere with the lessee’s choice of the leased property and the seller. 2.3 Both parties agree that the residual value of the leased property under this Contract at the end of the lease term (hereinafter referred to as the “residual Value of the Leased Property”) shall be 5% of the purchase price of the leased property paid by the Lessor. If otherwise agreed in the Schedule of Contracts (Appendix II, the same below), such agreement shall prevail. And both parties agree that such amount shall be used as the basis for dealing with matters related to the residual value of the leased property under the Contract. 2.4 The depreciation amount of the leased property under this Contract shall be calculated from the lease date, based on 95% of the purchase price of the leased property paid by the lessor, using the straight-line method. The depreciation period shall be the lease term stipulated in the Contract Schedule, and the depreciation amount shall be calculated on a daily basis. Both parties agree that the above method shall be used as the basis for calculating the value, depreciation and other relevant matters of the leased property hereunder. 2.5 If the Contract is deemed invalid by the People’s Court, the leased property shall be owned by the Lessor, and the Lessee shall return the leased property to the Lessor or make payment to the Lessor in the form of discount compensation, and the Lessor shall have the priority to request the Lessee to make discount compensation for the leased property. The total amount of the discount compensation shall be the sum of all the unpaid rent, other payments payable by the lessee and the residual value of the leased property. 2.6 tenant by providing false contract, invoices, vouchers and other ways, or assets with others pretend to be their own assets all sorts of way such as fiction, the lease item, cause the contract invalid by a people’s court, the lessor shall have the right to require the lessee to compensation, compensation for a total amount of all unpaid rent and other accounts payable and the sum of all rental damages of 20% of the principal; If criminal fraud is involved, the lessor shall have the right to investigate the lessee and relevant responsible persons for criminal liability in accordance with the law.
Appears in 1 contract
Sources: Finance Lease Contract (Sale and Leaseback) (LakeShore Biopharma Co., Ltd.)
Lease Property. 2.1 The lease items under this Contract refer to the items mentioned in the List of Lease Items (Appendix III, same hereinafter). Signed between the lease item and the lessor and the lessee the lease item purchase contract (after-sales leaseback) (attachment 1, similarly hereinafter) the appointment of buy and sell the subject matter.
2.2 The leased Property is purchased by the lease item the lessor according to the requirements of the lessee and independent choice, from the lessee according to the lessee’s requirements and independent choicepurchased. The lessee does not rely on the lessor’s skills to determine the leased property and the seller, and the lessor does not interfere with the lessee’s choice of the leased property and the seller.
2.3 Both parties agree that the residual value of the leased property under this Contract at the end of the lease term (hereinafter referred to as the “residual Value of the Leased Property”) shall be 5% of the purchase price of the leased property paid by the Lessor. If otherwise agreed in the Schedule of Contracts (Appendix II, the same below), such agreement shall prevail. And both parties agree that such amount shall be used as the basis for dealing with matters related agreed to the residual value amount as deal with the issues of the leased property lease item, the salvage value under the Contractthis contract.
2.4 The under this contract of lease item depreciation amount since the of the leased property under this Contract shall be calculated from day, by the lease date, based on lessor to pay 95% of the purchase price of the leased property paid by lease item as the lessorbase, using adopt the straight-line method. The method of lines, the depreciation period shall be for the schedule of the contract, the lease term stipulated in of the Contract Scheduleagreement, and the depreciation amount shall be calculated on a daily basisby the day. Both parties agree that The two sides agreed to the above method shall be used as the calculated value of the lease item under this contract and the basis for calculating the value, of depreciation and other relevant matters of the leased property hereunderrelated issues.
2.5 If the Contract is deemed invalid by the People’s Court, the leased property shall be owned by the Lessor, and the Lessee shall return the leased property to the Lessor or make payment to the Lessor in the form of discount compensation, and the Lessor shall have the priority to request the Lessee to make discount compensation for the leased property. The Discount to compensate for the total amount of the discount compensation shall be lessee without paying the rent, all other payables and the sum of all the unpaid rentlease item, other payments payable by the lessee and the residual value of the leased propertysalvage value.
2.6 tenant by providing false contract, invoices, vouchers and other ways, or assets with others pretend to be their own assets all sorts of way such as fiction, the lease item, cause the contract invalid by a people’s court, the lessor shall have the right to require the lessee to compensation, compensation for a total amount of all unpaid rent and other accounts payable and the sum of all rental damages of 20% of the principal; If criminal fraud is involvedCriminal fraud, the lessor shall have the right to investigate the lessee and relevant responsible persons for criminal liability shall be pursued in accordance with the lawlaw and the relevant responsible person of criminal responsibility.
Appears in 1 contract
Sources: Finance Lease Contract (LakeShore Biopharma Co., Ltd.)