Leased Assets definition

Leased Assets shall have the meaning ascribed thereto in Section 3.6.

Leased Assets means all tangible assets subject to any personal property leases, or otherwise leased by Seller in connection with the operation of the Business.

Leased Assets means Real Estate (or a portion thereof) leased by the Issuer or any Subsidiary Guarantor or a Subsidiary thereof under a lease which does not constitute a ground lease.

Examples of Leased Assets in a sentence

• The entering into the Sale and Leaseback Arrangement is in the ordinary and usual course of business of Chengtong Financial Leasing and it is expected that Chengtong Financial Leasing will earn an income of approximately RMB1.89 million (equivalent to approximately HK$2.04 million), being the total of (i) the Service Fee and (ii) the difference between the estimated amount of total lease payment under the Sale and Leaseback Arrangement and the Purchase Price of the Leased Assets.

• The Purchase Price of the Leased Assets was agreed between Chengtong Financial Leasing and the Lessee with reference to the appraised value of the Leased Assets as at 19 March 2024 which amounted to approximately RMB30.92 million (equivalent to approximately HK$33.39 million) as assessed by way of cost method by an independent PRC valuer.

• The Leased Assets are not revenue-generating assets with identifiable income stream.

• Xxxxxx’s right to repurchase the Leased Assets Upon the Lessee having paid all the lease payments and other payables (if any) to Chengtong Financial Leasing in accordance with the terms of the Sale and Leaseback Agreements, the Lessee shall have the right to repurchase the Leased Assets under the Sale and Leaseback Agreements at a nominal consideration of RMB1.00.

• Legal title Chengtong Financial Leasing owns the legal title of the Leased Assets during the Lease Term.

More Definitions of Leased Assets

Leased Assets means real estate assets leased by the Company Entities.

Leased Assets means the assets held by the Seller, as at the effective date, in terms of lease, instalment, sale, rental or credit agreements and as set out in the schedule attached hereto marked Annex "B";

Leased Assets means those assets included in the Assets which are leased by the Vendor and set forth in Schedule D;

Leased Assets means the underlying assets (whether existing or under construction) which are subject to Ijara contracts where the ICD, as lessor, leases property to a lessee in respect of which regular payments are due from the lessee (and includes any ancillary rights under such Ijara contracts);

Leased Assets means all items of personal property which Seller leases and uses in the Business, including but not limited to those assets which are set forth in the Disclosure Schedule.

Leased Assets means Assets that are subject to Lease under this Agreement, more particularly described in Lease Document # ;

Leased Assets has the meaning set forth in Section 2.01(a).