Finance Lease Contract definition

Finance Lease Contract means a contract determined to be a finance lease contract in accordance with clause 1.2;
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Finance Lease Contract means the finance lease contract entered into between
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Finance Lease Contract. The finance lease contract dated 22 December 2020 entered into between the Company and China Reform Financial, pursuant to which the Company applied for financing from China Reform Financial for a term of five years with the financing amount of RMB1.2 billion by way of sale and leaseback “China Reform Financial” China Reform Financial Leasing Company Limited, a company incorporated in PRC with limited liability “RMB” renminbi, the lawful currency of the PRC “Shareholder(s)” holder(s) of shares of the Company
Sample 1

Examples of Finance Lease Contract in a sentence

  • Since the applicable percentage ratio(s) (as defined under the Listing Rules) exceeds 5% but less than 25%, the transaction contemplated under the Finance Lease Contract constitutes a discloseable transaction of the Company, which shall be subject to the reporting and announcement requirements under the Chapter 14 of the Listing Rules but is exempted from the Shareholders’ approval requirement thereunder.

  • The Transfer Target comprises the ownership of Leased Assets, creditor’s rights of the rent receivables and all the security interests under the Finance Lease Contract.

  • The Directors (including the independent non-executive Directors) are of the view that the transaction under the Finance Lease Contract is fair and reasonable and conducted on normal commercial terms and in the ordinary course of business of the Company and is in the interests of the shareholders of the Company as a whole.

  • After the fulfillment of all the obligations under the Finance Lease Contract by Lixianjiang Hydropower Company and upon the expiry of the lease term under the Finance Lease Contract, Lixianjiang Hydropower Company shall, within 10 working days, pay Datang Lease Company a nominal price of RMB1.00 for the purchase of the Lease Assets.

  • As one or more of the applicable percentage ratios (as defined under Rule 14.07 of the Listing Rules) in respect of the transaction under the Finance Lease Contract is more than 0.1% but less than 5%, the transaction contemplated under the Finance Lease Contract is only subject to the reporting and announcement requirements and does not require the approval by the independent shareholders of the Company under Chapter 14A of the Listing Rules.

  • The transactions under the Finance Lease Contract will not give rise to any disposal gain or loss to be recorded by the Company.

  • Pursuant to the Finance Lease Contract, the rent receivables, including value-added taxes, is comprised of lease principal and lease interest.

  • The financial leasing arrangements under the Finance Lease Contract will help Lixianjiang Hydropower Co. to broaden its financing channels and raise low-cost funds under the current situations where the size of bank loans is still tightened up and the interest rates of bank financing stays high, and will facilitate the smooth construction and operation of the Company’s hydropower project.

  • The Directors are of the view that the terms of the Finance Lease Contract are fair and reasonable and in the interests of the Company and the Shareholders of the Company as a whole.

  • The Finance Lease Contract and the transaction thereunder constitute a connected transaction of the Company.


More Definitions of Finance Lease Contract

Finance Lease Contract. The finance lease contract dated 29 January 2021 entered into between the Company and China Reform Financial, pursuant to which the Company applied for financing from China Reform Financial for a term of five years with the financing amount of RMB1.5 billion by way of sale and leaseback “Hong Kong” the Hong Kong Special Administrative Region of the PRC “Leased Assets” the lease assets subject to sale and leaseback of the Company under the Finance Lease Contract, i.e. certain production facilities, equipment in energy control center and steel plant of the Company “Listing Rules” the Rules Governing the Listing of Securities on the Stock Exchange
Sample 1
Finance Lease Contract the Finance Lease Contract in respect of the Leased Assets entered into between the Asset Transferor and the Lessee previously
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Related to Finance Lease Contract

  • Lease contract means the total legal obligation that results from the lease agreement as affected by this article and any other applicable rules of law. Unless the context clearly indicates otherwise, the term includes a sublease contract.

  • Finance Lease means any lease or hire purchase contract which would, in accordance with the Accounting Principles, be treated as a finance or capital lease.

  • 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.

  • Finance Lease Obligation means, at the time any determination thereof is to be made, the amount of the liability in respect of a finance lease that would at such time be required to be capitalized and reflected as a finance lease on a balance sheet (excluding the footnotes thereto) in accordance with GAAP.

  • Installment lease contract means a lease contract that authorizes or requires the delivery of goods in separate lots to be separately accepted, even though the lease contract contains a clause "each delivery is a separate lease" or its equivalent.

  • Loan Contract means the evidence of indebtedness and all instruments used in the

  • Wet Lease means any arrangement whereby Owner or a Permitted Lessee agrees to furnish the Aircraft, Airframe or any Engine to a third party pursuant to which the Aircraft, Airframe or Engine shall at all times be in the operational control of Owner or a Permitted Lessee, provided that Owner’s obligations under the Trust Indenture shall continue in full force and effect notwithstanding any such arrangement.

  • special lease means a special lease or license to be granted in terms of this Agreement under the Ratifying Act the Land Act or the Xxxxxxx Xxx 0000 and includes any renewal thereof; “this Agreement” “hereof” and “hereunder” include this Agreement as from time to time added to varied or amended;

  • Finance Lease Obligations means, at the time any determination thereof is to be made, the amount of the liability in respect of a Finance Lease that would at such time be required to be capitalized and reflected as a liability on a balance sheet (excluding the footnotes thereto) prepared in accordance with GAAP; provided that Finance Lease Obligations shall, for the avoidance of doubt, exclude all Non-Finance Lease Obligations.

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

  • Sale Contract means a contract providing for the sale of one or more projects to one or more contracting parties and includes a contract providing for payment of the purchase price in one or more installments. If the sale contract permits title to the project to pass to the other contracting party or parties prior to payment in full of the entire purchase price, it shall also provide for the other contracting party or parties to deliver to the municipality or to the trustee under the indenture pursuant to which the bonds were issued one or more notes, debentures, bonds or other secured or unsecured debt obligations of such contractingparty or parties providing for timely payments, including without limitation, interest thereon for the balance of the purchase price at or prior to the passage of such title.

  • guarantee contract means a contract entered into by a person as guarantor;

  • Equipment Lease means a Contract for the lease of Equipment or for the purchase of Equipment under a conditional sales or title retention agreement.

  • Operating Lease of a Person means any lease of Property (other than a Capitalized Lease) by such Person as lessee which has an original term (including any required renewals and any renewals effective at the option of the lessor) of one year or more.

  • 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;

  • Approved Lease means (a) each existing Lease as of the Closing Date as set forth in the Leasing Affidavit and (b) each Lease entered into after the Closing Date in accordance with the terms and conditions contained in Section 9.09 as such leases and related documents shall be Modified as permitted pursuant to the terms of this Agreement.

  • 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.

  • Concession Contract means a contract for pecuniary interest concluded in writing between one or more economic operators and one or more contracting authorities within the meaning of Articles 168 and 172, in order to entrust the execution of works or the provision and management of services to an economic operator (the ‘concession’). The remuneration shall consist either solely in the right to exploit the works or services or in that right together with payment. The award of a concession contract shall involve the transfer to the concessionaire of an operating risk in exploiting those works or services encompassing demand risk or supply risk, or both. The concessionaire shall be deemed to assume an operating risk where, under normal operating conditions, there is no guarantee of recouping the investments made or the costs incurred in operating the works or the services at stake;

  • Construction Contract or “contract” means a written agreement between a contractor and a public agency for the construction, alteration, demolition, or repair of a facility, other than a contract having a dollar value of less than $30,000.00 or a contract that provides for 3 or fewer payments.

  • Credit-sale contract means the same as defined in section 203.1.

  • Financing Lease Obligation means, as applied to any Person, an obligation that is required to be accounted for as a financing or capital lease (and, for the avoidance of doubt, not a straight-line or operating lease) on both the balance sheet and income statement for financial reporting purposes in accordance with GAAP. At the time any determination thereof is to be made, the amount of the liability in respect of a financing or capital lease would be the amount required to be reflected as a liability on such balance sheet (excluding the footnotes thereto) in accordance with GAAP.

  • Lease Supplement means a Lease Supplement, substantially in the form of Schedule 2 hereto, to be entered into between Lessor and Lessee on the Delivery Date for the purpose of leasing the Aircraft under and pursuant to the terms of this Agreement, and any subsequent Lease Supplement entered into in accordance with the terms of this Agreement.

  • Site Lease or “Lease” means the Site Lease of even date herewith, by and between the District and the Lessor together with any duly authorized and executed amendment thereto under which the District leases the Site to the Lessor.

  • Master Contract means the CATS Master Contract between the Maryland Department of Budget and Management andTO Contractor dated December 19, 2005.

  • Privatization contract or “contract” means an agreement or

  • Hedge Contract means any exchange, swap, forward, cap, floor, collar, option or other similar agreement or arrangement entered into for the purpose of reducing the exposure of a Group Member to fluctuations in interest rates, the price of hydrocarbons, basis differentials or currency exchange rates in their operations or financing activities and not for speculative purposes.