Examples of Finance Lease Obligation in a sentence
For purposes of this definition, interest on a Finance Lease Obligation shall be deemed to accrue at an interest rate reasonably determined by such Person to be the rate of interest implicit in such Finance Lease Obligation in accordance with GAAP.
For purposes of this definition, interest on a Finance Lease Obligation shall be deemed to accrue at an interest rate reasonably determined by the Company to be the rate of interest implicit in such Finance Lease Obligation in accordance with GAAP.
Finance Lease Obligation of Rs.32.21 Lakhs (including current maturities of Rs. 32.21 lakhs) (Previous year : Rs.106.94 Lakhs including current maturities of Rs.70.77 Lakhs) is payable in 5 monthly instalments of Rs.6.77 Lakhs each (i.e. lease obligation including interest) starting from April 2018 and carry interest rate of around 27.34% p.a. This is secured by assets acquired under the facility.iv.
Interest on a Finance Lease Obligation shall be deemed to accrue at an interest rate determined in good faith by a responsible financial or accounting officer of the Company to be the rate of interest implicit in such Finance Lease Obligation in accordance with GAAP.
Matters necessary for implementing paragraphs (1) and (3) shall be prescribed by Presidential Decree.