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.

The remainder is 5.

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

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

The remainder of the list are the arguments.

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.

The remainder was classified as public property.

Sami will spend the remainder of his life in jail.

(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

List combinations compete for the remainder seats as one list of the combined size of all parties in the combination, thus having more chance to gain remainder seats.

The remainder of this century will show how this shift plays out.

First Army served under Northwestern front for the remainder of the war.

Wells, particularly on St. Croix, supply the remainder of the freshwater necessary.

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.

The remainder of the workshop was organized into the following two main parts

The present note contains the draft calendar of meetings for the remainder of 2005

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

The National Transitional Government of Liberia plans to demobilize 9,860 and retire the remainder.

Surely the wrath of man shall praise thee the remainder of wrath shalt thou restrain.

You may be assured, Mr. President, of our cooperation throughout the remainder of the process.

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

The remainder indicated that a plan or strategy was under preparation.

The whole point of restructuring was to discharge debt and make the remainder more manageable.

High oil prices will dampen global growth in the remainder of 2004 and into 2005.

Mir migrated to Lucknow in 1782 and remained there for the remainder of his life.

Nevertheless, Australia has fully implemented most of the Special Recommendations and partly implemented the remainder.

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

Under the lease agreement with Lessor A, ABC leases the computer equipment from Lessor A for a period of two years.

The remainder of the present day exterior of the Colosseum is in fact the original interior wall.

Similar consultation meetings are being planned in other countries of the region during the remainder of 2005.

How else can the crisis battered housing market finally clear for the remainder of US homeowners?

However, most patients need treatment for the remainder of their lives, and their abilities vary greatly.

The remainder of his prison term was suspended, provided that he would not return to Germany.

Has Israel lost the remainder of its wisdom? Are we witnessing a classic case of sheer political stupidity?

But the remainder of the flesh of the sacrifice on the third day shall be burnt with fire.

Chelsea failed to build on this success, and spent the remainder of the 1950s in mid table.

About 40 of the students are American, 30 are French, and the remainder originate from other countries.