Finance Lease Agreement IV definition

Finance Lease Agreement IV the finance lease agreement entered into between the Lessor and the Lessee I on November 30, 2022 “Finance Lease Agreement V” the finance lease agreement entered into between the Lessor and the Lessee I on March 22, 2023 “Finance Lease Agreement VI” the finance lease agreement entered into between the Lessor and the Lessee II on June 21, 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” the Leased Assets I, the Leased Assets II, the Leased Assets III, the Leased Assets IV, the Leased Assets V and the Leased Assets VI “Leased Assets I” intelligent skid set of rotary multiphase flow gas pump, with an estimated fair value of RMB5,543,575.22 “Leased Assets II” intelligent skid set of rotary multiphase flow gas pump, with an estimated fair value of RMB5,337,363 “Leased Assets III” intelligent skid set of rotary multiphase flow gas pump, with an estimated fair value of RMB11,522,421 “Leased Assets IV” intelligent skid set of rotary multiphase flow gas pump, with an estimated fair value of RMB16,472,344.5 “Leased Assets V” intelligent skid set of rotary multiphase flow gas pump, with an estimated fair value of RMB16,354,944 “Leased Assets VI” intelligent skid set of rotary multiphase flow gas pump, with an estimated fair value of RMB12,246,192 “Lessees” the Lessee I and the Lessee II “Lessee I” Beijing Xingyou Technology Co., Ltd., a limited liability company incorporated in the PRC, which is principally engaged in research and development of fluid machinery equipment for oil and gas productions “Lessee II” Beijing Xingyou Zhongnuo Oil and Gas Technology Co., Ltd, a limited liability company incorporated in the PRC, which is principally engaged in research and development, leasing and sales of fluid machinery equipment for oil and gas productions “Lessor” the Company “Licensee” the Company
Finance Lease Agreement IV the finance lease agreement entered into between the Lessor and the Lessee IV on May 9, 2023 “Finance Lease Agreement V” the finance lease agreement entered into between the Lessor and the Lessee V on May 24, 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” the Leased Assets III, the Leased Assets IV and the Leased Assets V “Leased Assets III” electric power generating equipment, with a net book value of approximately RMB40,321,498 “Leased Assets IV” equipment of photovoltaic power stations, with a net book value of approximately RMB24,108,973 “Leased Assets V” equipment of photovoltaic power stations, with an estimated fair value of approximately RMB12,878,952 “Lessees” Lessee III, Lessee IV and Lessee V “Lessee III” Beijing SOJO Electric Co., Ltd.* ( 北京雙傑電氣股份有限公司), a joint stock limited company incorporated in the PRC, which is principally engaged in the production of intelligent power distribution and control equipment. This company is listed on Shenzhen Stock Exchange with stock code of 300444 “Lessee IV” Fucheng Jingneng Photovoltaic Power Generation Co., Ltd. * ( 阜城縣晶能光伏發電有限公司), a limited liability company incorporated in the PRC, which is principally engaged in production and sales of relative products in smart grid application and renewable energy field. Lessee IV is a wholly-owned subsidiary of the Lessee III “Lessee V” Beijing Jieneng New Energy Co., Ltd. * ( 北 京 傑 能 新 能 源 有 限 公 司), a limited liability company incorporated in the PRC, which is principally engaged in production and sales of relative products in smart grid application and renewable energy field. Lessee V is a wholly-owned subsidiary of the Lessee III “Lessor” the Company “Licensee” the Company
Finance Lease Agreement IV the finance lease agreement entered into between the Lessor and the Lessee IV on September 15, 2021 “Finance Lease Agreement V” the finance lease agreement entered into between the Lessor and the Lessee V on September 15, 2021 “Finance Lease Agreement VI” the finance lease agreement entered into between the Lessor and the Lessee VI on September 15, 2021 “Finance Lease Agreement VII” the finance lease agreement entered into between the Lessor and the Lessee VII on September 15, 2021 “Finance Lease Agreement VIII” the finance lease agreement entered into between the Lessor and the Lessee VIII on September 15, 2021 “Finance Lease Agreement IX” the finance lease agreement entered into between the Lessor and the Lessee IX on September 15, 2021 “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” the Leased Assets I, the Leased Assets II, the Leased Assets III, the Leased Assets IV, the Leased Assets V, the Leased Assets VI, the Leased Assets VII, the Leased Assets VIII and the Leased Assets IX “Leased Assets I” gas electricity generation equipment, with a net book value of approximately RMB22,928,143 under the Finance Lease Agreement I “Leased Assets II” photovoltaic electricity generation equipment, with an estimated fair value of RMB6,000,000 under the Finance Lease Agreement II “Leased Assets III” gas electricity generation equipment, with a net book value of approximately RMB4,631,847 under the Finance Lease Agreement III “Leased Assets IV” photovoltaic electricity generation equipment, with a net book value of approximately RMB1,456,081 under the Finance Lease Agreement IV “Leased Assets V” photovoltaic electricity generation equipment, with a net book value of approximately RMB3,650,020 under the Finance Lease Agreement V “Leased Assets VI” photovoltaic electricity generation equipment, with a net book value of approximately RMB7,439,126 under the Finance Lease Agreement VI “Leased Assets VII” photovoltaic electricity generation equipment, with a net book value of approximately RMB3,157,311 under the Finance Lease Agreement VII “Leased Assets VIII” photovoltaic electricity generation equipment, with a net book value of approximately RMB5,007,226 under the Finance Lease Agreement VIII “Leased Assets IX” photovoltaic electricity generatio...

Examples of Finance Lease Agreement IV in a sentence

  • The amount of the factoring facilities interest is the same as the amount of interest payable under the Lease Receivables I, the Lease Receivables II, the Lease Receivables III and the Lease Receivables IV by the lessees under the Finance Lease Agreement I, the Finance Lease Agreement II, the Finance Lease Agreement III and the Finance Lease Agreement IV and will be paid by the Company to the Factoring Bank upon receipt of the rent paid by the lessees on each rent payment date.

  • The lease period of the Finance Lease Agreement IV is 36 months, which shall commence on October 30, 2023.

  • When the respective last lease payments of the Finance Lease Agreement III and the Finance Lease Agreement IV are due to be paid, the lease payments and other payables under the final payment will automatically be deducted from the related deposit, and the Lessor will refund the Lessee the remaining amount (if any).Ownership of the Leased Assets During the lease period, the ownership of the Leased Assets II and the Leased Assets III shall be vested in the Lessor.

  • Lease Period The lease period of the Finance Lease Agreement IV is 24 months, which commenced on February 27, 2023.

  • The lease period of the Finance Lease Agreement IV is 12 months, which shall commence on July 6, 2023.

  • The terms of the Finance Lease Agreement III and the Finance Lease Agreement IV, including the transfer consideration for the Leased Assets, finance lease principal, finance lease interest income and other expenses under the Finance Lease Agreements, were determined upon arm’s length negotiation between the Lessee and the Lessor with reference to net book value of the Leased Assets and prevailing market prices of the same category of finance lease products in the PRC.

  • Lease Payment and Method of Payment Under each of the Finance Lease Agreement III and the Finance Lease Agreement IV, the total lease payment of RMB82,413,530 and RMB85,316,390, included (i) the finance lease principal of RMB80,000,000 and RMB80,000,000 respectively, and (ii) the finance lease interest income (inclusive of VAT) of RMB2,413,530 (calculated based on the interest rate of 5.0% per annum) and RMB5,316,390 (calculated based on the interest rate of 5.95% per annum) respectively.

  • Guarantee One of the ultimate beneficial owners of the Lessee provides joint and several liabilities guarantee for the debts of the Lessee under the Finance Lease Agreement III and the Finance Lease Agreement IV respectively.

  • The Lessee shall pay the lease payment to the Lessor at the end of each quarter in installments in accordance with the terms and conditions of the Finance Lease Agreement III and the Finance Lease Agreement IV during the lease period.

  • As the highest applicable percentage ratio under each of the Agreements is less than 5%, while the highest applicable percentage ratio upon aggregation of the Agreements is higher than 5% but less than 25%, the transactions contemplated under the Finance Lease Agreement III, the Finance Lease Agreement IV and the Finance Lease Agreement V constitute a discloseable transaction of the Company and are subject to the notification and announcement requirements under Chapter 14 of the Listing Rules.

Related to Finance Lease Agreement IV

  • Lease Agreement means the bargain, with respect to the lease, of the lessor and the lessee in fact as found in their language or by implication from other circumstances including course of dealing or usage of trade or course of performance as provided in this article. Unless the context clearly indicates otherwise, the term includes a sublease agreement.

  • 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.

  • Master Lease Agreement has the meaning set forth in Section 7.2(c)(xiv).

  • Finance Lease means a lease with respect to which:

  • mortgage agreement ’ means the note or debt instrument and the mortgage instrument, deed of trust instrument, trust deed, or instru- ment or instruments creating the mortgage, including any instrument incorporated by ref- erence therein (including any applicable regu- latory agreement), and any instrument or agreement amending or modifying any of the foregoing;

  • Lease-purchase agreement means an agreement for the use of personal property by an individual for personal, family or household purposes, for an initial period of four months or less, that is automatically renewable with each payment after the ini- tial period, but does not obligate or require the consumer to continue leasing or using the property beyond the initial period, and that permits the consumer to become the owner of the property.

  • Rental agreement means an agreement that establishes or modifies the terms, conditions, rules, regulations, or any other provisions concerning the use and occupancy of a rental unit.

  • Factoring Agreement means an agreement by and between a Borrower or a Subsidiary of a Borrower and a Factoring Company pursuant to which a Borrower or such Subsidiary shall, pursuant to customary terms for the size and type of transaction involved, sell, transfer and assign its rights, title and interests in certain accounts receivable, specifically identified therein, to a Factoring Company.

  • Lien Waiver Agreement means an agreement which is executed in favor of Agent by a Person who owns or occupies premises at which any Collateral may be located from time to time and by which such Person shall waive any Lien that such Person may ever have with respect to any of the Collateral and shall authorize Agent from time to time to enter upon the premises to inspect or remove the Collateral from such premises or to use such premises to store or dispose of such Inventory.

  • Concession Agreement means the Concession Agreement referred to in Recital (A) above and annexed hereto as Annex-A, and shall include all of its Recitals and Schedules and any amendments made thereto in accordance with the provisions contained in this behalf therein;

  • leasing agreement means an agreement by which one person (the lessor) grants a right to possession or control of an object (with or without an option to purchase) to another person (the lessee) in return for a rental or other payment;

  • 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.

  • Farm-Out Agreement means a Farm-In Agreement, viewed from the standpoint of the party that transfers an ownership interest to another.

  • Mortgage Loan Agreement means the Loan Agreement, dated as of February 14, 2020, between the Borrower, as borrowers, and the Original Lenders, as lender, as the same may be further amended, restated, supplemented or otherwise modified from time to time, subject to the terms hereof.

  • Finance Leases means any finance leases, to the extent the arrangement is or would have been treated as a finance or a capital lease in accordance with the Accounting Principles applicable on the First Issue Date (a lease which in the accounts of the Group is treated as an asset and a corresponding liability), and for the avoidance of doubt, any leases treated as operating leases under the Accounting Principles as applicable on the First Issue Date shall not, regardless of any subsequent changes or amendments of the Accounting Principles, be considered as a finance lease.

  • Financing Lease any lease of property, real or personal, the obligations of the lessee in respect of which are required in accordance with GAAP to be capitalized on a balance sheet of the lessee.

  • Property Management Agreement means any Property Management Agreement between the Company and the Property Manager.

  • Lease Agreements shall have the meaning set forth in Section 3.14.

  • Hotel Management Agreement means any hotel management agreement relating to the management and operation of the Real Property together with all supplements, amendments and modifications thereto.

  • Retail charge agreement means that term as defined in section 2 of the retail installment sales act, MCL 445.852.

  • Collateral Management Agreement The agreement dated as of the Closing Date, between the Issuer and the Collateral Manager relating to the management of the Collateral Obligations and the other Assets by the Collateral Manager on behalf of the Issuer, as amended from time to time in accordance with the terms thereof.

  • SCM Agreement means the Agreement on Subsidies and Countervailing Measures, contained in Annex 1A to the WTO Agreement;

  • Conveyance Agreement means the Conveyance Agreement Master Securitization Terms Number 1000, dated February 29, 2008, as amended and reaffirmed from time to time, among the Master Depositor, Deutsche Bank Trust Company Americas (as successor in interest to The Bank of New York Mellon Trust Company, National Association, formerly known as The Bank of New York Trust Company, N.A.), as eligible lender trustee for the benefit of the Master Depositor, VL Funding, as the depositor, Deutsche Bank Trust Company Americas (as successor in interest to The Bank of New York Mellon Trust Company, National Association, formerly known as The Bank of New York Trust Company, N.A.), as eligible lender trustee for the benefit of VL Funding, and Xxxxxx Xxx, Inc., as master servicer, together with each executed Purchase Agreement (as defined therein), each executed Xxxx of Sale (as defined therein) and all attachments thereto.

  • Whole Loan Agreement Any Reconstitution Agreement in respect of a Whole Loan Transfer.

  • Reinsurance Agreement means any agreement, contract, treaty or other arrangement whereby one or more insurers, as reinsurers, assume liabilities under insurance policies or agreements issued by another insurance or reinsurance company or companies.

  • Purchase Agreement Assignment means that certain Purchase Agreement Assignment [NW 1997 J], dated as of March 18, 1998, between Lessee and Lessor, as the same may be amended, supplemented or modified from time to time, with a form of Consent and Agreement to be executed by the Manufacturer attached thereto.