China Chemical Corp. – Summary of Sale-Leaseback Agreement (March 30th, 2011)
ZBJZ and ZXFT entered into a three-year sale-leaseback agreement ("Agreement"). Pursuant to the Agreement, ZBJZ sold its machinery to ZXFT for RMB120,000,000 and leased the machinery back with a month rent of RMB3,815,967.92 (based on an annual interest rate of 9% but subject to adjustments of the benchmark interest rate made by People's Bank of China). Of the RMB 120,000,000 sale price, ZBJZ RMB4,200,000 was used to pay the initial cost and RMB 18,000,000 was treated as a security deposit to guarantee ZBJZ's performance of its obligations under the Agreement. During the term of the Agreement, ZBJZ shall bear all the risks of loss of the machinery and shall purchase at its own expenses insurance for the machinery for a period that covers the term of the Agreement. In the event that ZBJZ accelerates its rent payments, ZXFT shall be entitled to the remaining interests under the Agreement. Upon expiration of the Agreement, ZBJZ shall pay ZXFT RMB100,000 to purchase the machinery back. The
Property Transfer and Leaseback Agreement (December 24th, 2009)
Party A and Party B, after discussions and negotiations, herby mutually agree to enter into this agreement (the Agreement) in respect of Party Bs purchase from Party A the real estate property, affiliated facilities, affiliated equipment and other auxiliary facilities and structures (hereinafter, the Property) located at 368 Liuhe Road, Binjiang District, Hangzhou, Zhejiang Province, Peoples Republic of China, pursuant to the provisions of The Peoples Republic of China Contract Law , The Peoples Republic of China Real Estate Administration Law and The Peoples Republic of China Property Law.
Iconet – Premises Leaseback Agreement (August 27th, 2008)
Party A is a duly established foreign invested enterprise. It owns the land use right to the land lot located at No. 93, Xin Song Road, Kaifeng City, Henan and the titles to the buildings thereon. This land lot has been granted by the state for the purpose of industrial use.
Dividend Capital Diversified Property Fund Inc. – Assignment of Purchase, Saleand Leaseback Agreement (February 16th, 2007)
THIS ASSIGNMENT OF PURCHASE, SALE AND LEASEBACK AGREEMENT (this Assignment) is made and entered into as of December 15, 2006 (the Assignment Date), by and between WESTCORE PROPERTIES AC, LLC, a Delaware limited liability company (Assignor), and WESTCORE SHILOH, LLC, a Delaware limited liability company (Assignee).