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).
Before adjourning for the holiday, the commission spent much of its remaining time addressing plans for a new building at the county fairgrounds that will house equipment for the emergency management department ...CommissionerLee Perry said it’s important to have the equipment that would be stored in the building ready and nearby.
During the three months ended October 31, 2023, MongoDB generated $38.4 million of cash from operations, used $2.1 million of cash in capital expenditures and used $1.4 million of cash in principal repayments of finance leases, leading to free cash flow of $35.0 million, compared to negative free cash flow of $8.4 million in the year-ago period.
The Equipment Leasing & Finance Foundation is a 501c3 non-profit organization that propels the equipment finance sector-and its people-forward through industry-specific knowledge, intelligence, and student talent development programs that contribute to industry innovation, ...
“The policy offers capital incentive of up to ₹50,000 for each slow or medium speed three-guns charging equipment at the charging stations. The incentive include 75% of the cost of equipment and ₹10,000 for installation ... Those buying charging equipment based on direct current (DC) ...
Property and equipment, net of accumulated depreciation and amortization of $72,516 and $59,847 as of October 31, 2023 and January 31, 2023, respectively ... Operating lease right-of-use assets ... Current portion of finance lease liabilities and other debt ... Operating lease liabilities, non-current ... Property and equipment acquisitions through finance leases.
Property and equipment, net 121,400 121,907 127,638. Operating lease right-of-use asset 26,216 31,441 30,325 ... Lease liability – current 5,754 5,808 5,414 ... Lease liability – long-term 26,065 32,033 31,095 ... For the 39 weeks ended October 27, 2023 and October 28, 2022, we excluded the respective net gain or loss on disposal of property and equipment.
We define free cash flow as cash used in operating activities less purchases of property and equipment and capitalized internal-use software costs ...Property and equipment, net ... Operating lease right-of-use assets ... Operating lease liabilities, current ... Operating lease liabilities, non-current ... Non-cash operating lease costs ... Operating lease liabilities.
NEW YORK--(BUSINESS WIRE)--Dec 5, 2023--. Yext, Inc. (NYSE... This press release features multimedia. View the full release here ... $ ... $ ... Property and equipment, net ... Operating lease right-of-use assets ... Operating lease liabilities, current ... Operating lease liabilities, non-current ... Amortization of operating lease right-of-use assets ... Operating lease liabilities ... .
“Currently, in the UAE there are either original equipment manufacturer companies selling or leasing out electric fleets to third-party logistics firms who offer last-mile logistics, or players who are only interested in doing either battery swapping as a service or charging as a service,” says Mr Garg.
Property, plant, and equipment, net ... Operating lease right of use assets ... Operating lease liabilities ... Operating lease assets and liabilities, net ... Expenditures for property, plant, and equipment ... Expenditures for property, plant, and equipment ... Expenditures for property, plant, and equipment.