Factory Lease Agreement definition
means this Agreement and the Appendices attached (if any), which recognise the agreement signed between party A and party B to rent the FACTORY together with the machinery, equipment and other negotiations as set out in this Agreement;
Based on 2 documents
Examples of Factory Lease Agreement in a sentence
- In view of the expiration of the existing leases under the Previous Factory Lease Agreement and the Previous Warehouse Lease Agreement, the Group would need to enter into new lease agreements for production and storage.
- Since the New Factory Lease Agreement and the New Warehouse Lease Agreement will be entered into by the Group with the same Lessor, at the same time, and both the premises belong to the Registered Owner, the transactions under these New Lease Agreements shall be aggregated.
- Accordingly, the entering into each of the New Factory Lease Agreement and the New Warehouse Lease Agreement by Prosperous (SZ) will be regarded as an acquisition of a capital asset for the purposes of the GEM Listing Rules.
- The monthly rental is higher than RMB407,668 during 1 April 2021 to 30 March 2022 under the Previous Factory Lease Agreement.
- The gross floor area under the New Factory Lease Agreement and Old Factory Lease Agreement are the same.
- Rent-free Day: 31 March 2022 Monthly rental: Under the New Factory Lease Agreement, the monthly rental for the first year commencing from 1 April 2022 to 31 March 2023 shall be RMB558,666, the monthly rental for the period commencing from 1 A p r i l 2023 t o 31 M a r c h 2024 s h a l l b e RMB586,600, and the monthly rental for the period commencing from 1 April 2024 to 31 March 2025 shall increase to RMB615,930.
- In view of the forthcoming expiry on 30 March 2022 of the Previous Factory Lease Agreement in respect of the lease of, among others, the Factory, Prosperous (SZ), a wholly-owned subsidiary of the Company, as lessee, and the Lessor, entered into the New Factory Lease Agreement for the renewal of the lease of the Shenzhen Factory for a term of three years.
- The Registered Owner has authorised the Lessor to enter into the New Factory Lease Agreement and New Warehouse Lease Agreement.
- Location of the lease premise: Xx Xxxxx Xxxx Xx. 0, Xxx Xx Xx, Xxxx Xxxx Xxx Xxx, Long Gang District, Shenzhen, Guangdong, the PRC* (中國廣東省深圳市龍崗區園山街道保安區賜昌路0號) Security deposit and payment arrangement: Prosperous (SZ) shall pay RMB1,675,998 to the Lessor within three days after the signing date of the New Factory Lease Agreement, which is the aggregate sum of: (a) two months of rent (RMB1,117,332) as the security deposit; and (b) one month of rent (RMB558 , 666 ) as the prepaid monthly rental respectively.
- The Factory Lease Agreement is available for inspection at the Company's registered office at Xx. 00 Xxxxxx Xxxxx Xxxxxx Xxxx 00000 Xxxxx Xxxxxx during normal business hours for a period of fourteen (14) days from the date of this announcement.
Related to Factory Lease Agreement
- Master Lease Agreement has the meaning set forth in Section 7.2(c)(xiv).
- Lease Agreement means the bargain, with respect to the lease, of the lessor and the lessee in fact as found in their language or by implication from other circumstances including course of dealing or usage of trade or course of performance as provided in this article. Unless the context clearly indicates otherwise, the term includes a sublease agreement.
- Sublease Agreement shall have the meaning specified in Section 8.2(b).
- Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:
- Wet Lease means any arrangement whereby Owner or a Permitted Lessee agrees to furnish the Aircraft, Airframe or any Engine to a third party pursuant to which the Aircraft, Airframe or Engine shall at all times be in the operational control of Owner or a Permitted Lessee, provided that Owner’s obligations under the Trust Indenture shall continue in full force and effect notwithstanding any such arrangement.
- Rental agreement or "lease agreement" means all agreements, written or oral, and valid rules and
- Occupancy Agreement means a written agreement entered into between an assisted living program and a tenant that clearly describes the rights and responsibilities of the assisted living program and a tenant, and other information required by rule. “Occupancy agreement” may include a separate signed lease and signed service agreement.
- Concession Agreement means the Concession Agreement referred to in Recital (A) above and annexed hereto as Annex-A, and shall include all of its Recitals and Schedules and any amendments made thereto in accordance with the provisions contained in this behalf therein;
- Easement Agreement means any conditions, covenants and restrictions, easements, declarations, licenses and other agreements which are Permitted Encumbrances and such other agreements as may be granted in accordance with Section 19.1.
- Use Agreement means a written agreement between a primary licensee and a Type S applicant or licensee that specifies the designated area of the Type S licensee, the days and hours in which the Type S licensee is assigned to use the common-use area, any allocation of responsibility for compliance pursuant to Section 40196, and an acknowledgement that the Type S licensee has sole and exclusive use of the common- use area during the Type S licensee’s assigned time period.
- Master Lease means that certain [Master Lease title], relating to the leasing of, inter alia, the Healthcare Facility by Borrower to Master Tenant.
- Lease-purchase agreement means an agreement for the use of personal property by an individual for personal, family or household purposes, for an initial period of four months or less, that is automatically renewable with each payment after the ini- tial period, but does not obligate or require the consumer to continue leasing or using the property beyond the initial period, and that permits the consumer to become the owner of the property.
- Proprietary Lease With respect to any Cooperative Unit, a lease or occupancy agreement between a Cooperative Corporation and a holder of related Cooperative Shares.