A lease is a contractual arrangement calling for the lessee (user) to pay the lessor (owner) for use of an asset. Property, buildings and vehicles are common assets that are leased. Industrial or business equipment is also leased.
Broadly put, a lease agreement is a contract between two parties, the lessor and the lessee. The lessor is the legal owner of the asset; the lessee obtains the right to use the asset in return for regular rental payments.The lessee also agrees to abide by various conditions regarding their use of the property or equipment. For example, a person leasing a car may agree that the car will only be used for personal use.
The narrower term rental agreement can be used to describe a lease in which the asset is tangible property. Language used is that the user rents the land or goods let or rented out by the owner. The verb to lease is less precise because it can refer to either of these actions. Examples of a lease for intangible property are use of a computer program (similar to a license, but with different provisions), or use of a radio frequency (such as a contract with a cell-phone provider).
Other initiatives that have the potential to change lives which the government is coming up with are the National Equipment Leasing Policy, the Transport Sector Recapitalization Project and the Enhanced Student Loan Scheme. The minister explained that the leasing policy would ...
Boulder-based Tepuy Properties has sold a building at 1150 Catamount Drive in Golden for $6.15 million ...General Electric previously leased the building in order to complete repairs on ultrasound equipment, with Boulder Botanical & Bioscience Laboratories Inc., a manufacturer of food-grade CBD products, leasing the space beginning in July 2018 ... .
A judge has ordered Alfalfa’s MarketInc ... The debtors list includes Alfalfa’s Market Inc ... The creditor is listed as Landmark Financial Corp., a Greenwood Village-based company that specializes in lending for commercial equipment leasing and financing ... At the time, Feinblum made a lump-sum payment to clear his share of the debt ... .
IPSWICH — The North Shore man behind the failed 2016 BostonGrand Prix race is back in federal custody, after allegedly violating the terms of his release in a pending fraud case. John F ... “If true, they merit revoking Mr ... Other charges stem from an equipment leasing scheme and small business loans involving a Peabody ice rink he owned ... .
IPSWICH, Mass. — The North Shore man behind the failed 2016 BostonGrand Prix race is back in federal custody, after allegedly violating the terms of his release in a pending fraud case. John F ... "If true, they merit revoking Mr ... Other charges stem from an equipment leasing scheme and small business loans involving a Peabody ice rink he owned. ___ ... ....
Byrna is a technology company, specializing in the development, manufacture, and sale of innovative non-lethal equipment and munitions ...Net investment in sales-type lease, current ... Deposits for equipment ... Net investment in sales-type lease, non-current ... Property and equipment, net ... Operating lease liabilities, current.
Deploying 5G Ultra Wideband on this spectrum requires new network equipment including basebands and antennas to be placed on existing towers ... teams to expedite deployment of C-band equipment. Both agreements establish terms for leasing space on existing towers for C-band equipment.
Accordingly, the Equipment Leasing segment has been treated as a discontinued operation, and the associated results are excluded from the Company's results from continuing operations for all periods presented ... Purchases of seismic equipment held for lease.
COLUMBUS, Ohio, April 12, 2021 /PRNewswire/ -- CF Bankshares Inc. (NASDAQ... About CF Bankshares Inc. and CFBank. CF Bankshares Inc ... CFBank provides personalized business banking products and services including commercial loans and equipment leases, commercial and residential real estate loans and treasury management depository services ... ....
Guardian Agriculture came out of stealth last week, raising $10.5 million in a seed round ... "You can call what we're building a drone, but you can also call it a serious piece of equipment," said Bercu ... But Guardian Agriculture does not plan to sell or lease the drones. Instead, its employees will run the equipment — "a turnkey service for farmers.".
GENEVA — A growing Geneva construction company is edging closer to an expansion that includes building a $2.5 million headquarters at the city’s Industrial Park on ForgeAvenue... As part of the sale, Nardozzi is entering into a $1 lease with the IDA for up to three months on the property so that it can begin moving equipment on site. “We’re slammed ... .
Second quarter revenue of $13.1 million, reflecting 27% year-over-year growth. Board of Directors announces quarterly dividend of $0.06 per share. LANCASTER, Calif.--(BUSINESS WIRE)--Simulations Plus, Inc. (Nasdaq... 2021 ... Property and equipment, net ... Operating lease right of use assets ... Operating lease liability, current portion ... Operating lease liability ... .