Examples of Financing Leases in a sentence
The Company and each Subsidiary have good and marketable title to all material assets carried on their books and reflected in the financial statements referred to in subsection 4.6 or furnished pursuant to subsection 6.4, except for assets held on Financing Leases or purchased subject to security devices providing for retention of title in the vendor, and except for assets disposed of as permitted by this Agreement.
Direct Financing Leases The Authority issues revenue bonds to provide financing of correction facilities, office space for the State of Arkansas and certain transactions for private companies.
Net Investment in Direct Financing Leases ….….….….….….….….….….….….….….… Capital Assets ….….….….….….….….….….….….….….….….….….….….….….….….
Direct Financing Leases - The Authority issues revenue bonds to provide financing of correction facilities and office space for the State of Arkansas but does not maintain or operate the facilities.
Financing Leases The Company leases certain equipment under financing leases.