Examples of Finance Lease Agreement in a sentence

The Directors consider that entering into the Finance Lease Agreement will generate revenue and profit to the Company over the lease period and is consistent with the Company’s business development strategy.
Since the Finance Lease Agreement was entered into under normal commercial terms, the Directors are of the view that the terms under the Finance Lease Agreement are fair and reasonable and are in the interests of the Company and its shareholders as a whole.INFORMATION OF THE PARTIES Information of the Company The Company is a pioneer and a dedicated finance lease company in serving technology and new economy companies in China.
The entering of the Finance Lease Agreement is part of the Company’s ordinary and usual course of business, which is expected to provide a stable revenue and cashflow to the Company.
If You have a Contract Hire Agreement or a Finance Lease Agreement, in the event of the Total Loss of Your Vehicle occurring within the Territorial Limits during the Period of Insurance, the Insurer agrees to pay the Finance Company on Your behalf, the amount by which the Early Settlement Balance exceeds the Motor Insurance Settlement.
The Directors are of the opinion that the Group will be able to supplement its working capital through the Finance Lease Agreement, the terms and conditions of which are on normal commercial terms, fair and reasonable and in the interests of the Company and its shareholders as a whole.

More Definitions of Finance Lease Agreement

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 means the finance lease agreement dated 19 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 and the transfer agreement (which forms part of the finance lease agreement) dated 8 November 2017 entered into between the Lessor and the Lessee, pursuant to which the Lessee agreed to sell the Leased Assets to the Lessor at a total consideration of RMB50,000,000 and the Lessor agreed to leaseback the Leased Assets to the Lessee during the Lease Period; “Finance Lease Agreement (I)” the finance lease agreement dated 11 April 2017 entered into between the Lessor and the Lessee, pursuant to which the Lessee agreed to sell part of the equipment of the production line of ultra-thin glass and ancillary equipment to the Lessor at a total consideration of RMB100,000,000 and the Lessor agreed to leaseback such leased assets to the Lessee for a period of 5 years since 27 April 2017, details of which were set out in the Company’s announcement dated 12 April 2017. The leased assets under this agreement does not constitute part of the Leased Assets;