This type of lease is often referred to as a financial lease .

Often, the lease is a financial lease as opposed to an operating lease (see para. 27 for a definition of both terms).

A financial lease is to be distinguished from what is usually called an operating lease .

Simultaneously with the sale, the company will lease the equipment back from that other person for a lease term and at a rental rate specified in the lease agreement.

Under some forms of financial lease, title to the leased property is transferred to the lessee automatically at the end of the lease term.

(i) A lessor under a lease that is not a financing lease but which extends for a term of more than one year

The Board notes that UNOPS has performed a three year lease income forecast for subleases, projecting an average annual lease income of 1.8 million.

Under an operating lease, the leased property is expected to have a remaining useful life at the end of the lease term and the lessee does not have an option to purchase the leased property at the end of the lease term for a nominal price, nor is title to the leased property transferred to the lessee automatically at the end of the lease term.

And the Thamud nor gave them a lease of perpetual life .

And the Thamud nor gave them a lease of perpetual life .

Lessor A retains title to the equipment during the lease term but title will be transferred to ABC at the end of the lease term if ABC exercises the purchase option.

(a) Arising from an original contract that is a contract for the supply or lease of goods or services other than financial services, a construction contract or a contract for the sale or lease of real property

Under Putin, it seems, de Maistre s maxim has received a new lease on life.

On 30 April 2005 the lease of the A330 was terminated, and Cubana had to lease a different and more costly aircraft in order to be able to fulfil its commitments to the users, at an additional cost of over 2 million.

Conclusion of contracts

In September 2006, Moody's signed a 20 year lease to rent 15 floors of 7 World Trade Center.

The National Bank for example has School Fee loans, Personal loans and lease loans at different rates of repayment.

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Conclusion of the 2005 session

c) Place of transaction conclusion

(b) Arising from an original contract for the sale, lease or licence of industrial or other intellectual property or of proprietary information