Examples of Leased Assets in a sentence
In respect of assets given on lease by the Bank on or before 31st March 2001, the value of the assets given on lease is disclosed as Leased Assets under Fixed Assets, and the difference between the annual lease charge (capital recovery) and the depreciation is taken to Lease Equalisation Account.
Proceeds from the sale of the Yecheng Leased Assets will be used to replenish Yecheng Tianshan’s working capital and to repay its borrowings.
Leased Assets are stated at premium paid on such assets.Rentals,if any, are expensed with reference to the leased terms and other conditions.No amortization of the leased premium in respect of Land is done in cases where conditions are stipulated for conversion from leasehold to freehold.
Leaseback of the Yecheng Leased Assets by Yecheng Tianshan Pursuant to the Yecheng Finance Lease Contract, the Yecheng Leased Assets will be leased back to Yecheng Tianshan for a period of 36 months commencing from the date on which the purchase consideration for the Yecheng Leased Assets is paid by China Reform.
China Reform (as lessor) Subject Matters Sale of the Yecheng Leased Assets to China Reform Pursuant to the Yecheng Finance Lease Contract, Yecheng Tianshan shall sell and China Reform shall purchase the Yecheng Leased Assets at an aggregate consideration of RMB500,000,000.