Sentences with phrase «operated under a lease»

Both hotels will be operated under a lease agreement and will open shortly under the company's Meliá Hotels & Resorts brand.

Not exact matches

We primarily operate out of recently renovated Terminal Two at SFO under an operating lease extending through June 2021, with occasional use of a gate in the international terminal for incoming flights from Mexico.

Lease expenses for the Company's office spaces and vehicles under operating leases were $ 12,500, $ 24,207 and $ 29,232 for the years ended December 31, 2007, 2008 and 2009, respectively.

Under a lease agreement, Bombardier will continue to operate from Downsview for up to three years following the closing of the deal.

Since 2013, Cerealto has been operating Pastificio Mediterranea under a lease agreement with an acquisition option.

According to Ogra, the license had been owned, operated and fulfilled by BUA Group and its predecessors - in - title since 1976, saying, «It is also a notorious fact that we have exercised total control and possession over the mining area covered by the above mining leases since 1976 when we operated under the name of Bendel Cement Company Limited.

«These licences have been owned, operated and fulfilled by BUA and its predecessors - in - title since 1976 as it is also a notorious fact that we have exercised total control and possession over the mining area covered by the above mining leases since 1976 when we operated under the name of Bendel Cement Company Limited.»

That's the line from South Buffalo down to Gowanda which is operated by the Buffalo Southern under a lease with the county and monitored by the ECIDA.

Since the island is technically a creature of the state, which is running the place under a 99 - year lease from the city, the public authority in charge — the Roosevelt Island Operating Corporation (RIOC)-- has less red tape to wade through in order to implement sweeping plans.

In order to not arouse suspicion, Ari and his team operated under the guise of a European vacation company, the Mossad leased a resort on the shores of the Red Sea.

Although no specific prohibition against finance leases is contained in the Education Act 2002 or the School Finance Regulations for maintained schools, nor under the Academies Act 2010 for academies, finance leases (as distinct from operating leases) are identified in the Prudential Code for Capital Finance in Local Authorities as «credit arrangements» for capital finance.

In summary, the distinction in accounting treatment under IAS 17 is that for an operating lease, the customer lessee records only expenses, not a balance sheet item.

Operating and finance Also be aware that there are two main types of leases — operating and finance — a general difference of which is that an operating lease would be used if the customer only needed the equipment for a certain period rather than its entire working life, whereas under a finance lease, the full value of the item would be paid over the leasOperating and finance Also be aware that there are two main types of leases — operating and finance — a general difference of which is that an operating lease would be used if the customer only needed the equipment for a certain period rather than its entire working life, whereas under a finance lease, the full value of the item would be paid over the leasoperating and finance — a general difference of which is that an operating lease would be used if the customer only needed the equipment for a certain period rather than its entire working life, whereas under a finance lease, the full value of the item would be paid over the leasoperating lease would be used if the customer only needed the equipment for a certain period rather than its entire working life, whereas under a finance lease, the full value of the item would be paid over the lease period.

Many of its properties are rented under triple - net leases, while Ventas operates others itself.

They operate under long - term leases, primarily with businesses, national and regional retail chains, and restaurants.

The Rental Operations includes collection of rent from their customers under operating leases, including reimbursements for the vast majority of its operating costs.

Those committments are $ 2.0 M minimum lease payments under the company's operating leases and $ 7.5 in purchase obligations.

SOAP treats payments made under its operating leases as rent expense for the facilities, including its head office.

Those committments are minimum lease payments under the company's operating leases.

Commitments and Contingencies Leases VaxGen leases office facilities under a non-cancelable operating lease in South San Francisco, California, which expires inLeases VaxGen leases office facilities under a non-cancelable operating lease in South San Francisco, California, which expires inleases office facilities under a non-cancelable operating lease in South San Francisco, California, which expires in 2016.

These operating lease payments are the minimum lease payments under SOAP's non-cancellable operating leases.

It is proposed to contribute the touristic operations of the airberlin group and the German TUIfly company, including the aircraft currently operated by TUIfly for airberlin under a wet - lease agreement, into a new airline group established by TUI AG and Etihad Aviation Group.

For many years now, landlords have effectively been able to operate unregulated when running service charges under a commercial lease.

(3) A separate district school board may, with the approval of the Minister, acquire by purchase, lease or otherwise, a school site that is outside the area of jurisdiction established in respect of the board by regulation made under subsection 58.1 (2) and may operate a separate school on the site, but a separate district school board shall not expropriate such a site.

There are provisions in employment legislation that aim to preserve the rights of employees after a business is sold, leased, transferred, or merged, or if it continues to operate under a receiver.

It confirms that the employment of an employee is deemed to be continuous and uninterrupted when a business, undertaking, or other activity or part of it is sold, leased, transferred, or merged, or if it continues to operate under a receiver or receiver - manager.

It states that the employment of an employee is deemed to be continuous and uninterrupted when a business, undertaking, or other activity or part of it is sold, leased, transferred, or merged, or if it continues to operate under a receiver or receiver - manager.

In the Federal jurisdiction, when a business is sold, leased, transferred, or merged with another business or part of it, or otherwise disposed of succession rights exist under Part 1 of the Canada Labour Code for federal organizations outside the Public Service including the movement of Public Service functions to any public or private sector employer operating under the jurisdiction of the Code.

Under the law, an individual convicted of a second or subsequent offense of driving under the influence is required to have an ignition interlock system installed on EACH motor vehicle they own, operate, or lease for one Under the law, an individual convicted of a second or subsequent offense of driving under the influence is required to have an ignition interlock system installed on EACH motor vehicle they own, operate, or lease for one under the influence is required to have an ignition interlock system installed on EACH motor vehicle they own, operate, or lease for one year.

(c) This section does not affect the contractual right of a landlord that is a governmental entity created under Subchapter D, Chapter 22, Transportation Code, whose constituent municipalities are populous home - rule municipalities to assess charges under a lease to fully compensate the governmental entity for the governmental entity's operating costs.

The venue is now under long - term lease and is currently operating with annual revenue increasing steadily.

Under the terms of the transaction agreements, the UK portfolio will be leased to Myriad Healthcare Limited, operating as Caring Homes, under 35 - year absolute net leases with annual rent escalatUnder the terms of the transaction agreements, the UK portfolio will be leased to Myriad Healthcare Limited, operating as Caring Homes, under 35 - year absolute net leases with annual rent escalatunder 35 - year absolute net leases with annual rent escalations.

Accordingly, the use clause in the lease should require the tenant to operate its business under the name and in the manner described in the franchise agreement.

It owns 13 properties and operates 23 under long - term leases, and one is managed only.

The residences were operated by ALC under master lease agreements with Ventas and MLD Delaware Trust.

This end - of - the - year sentiment was echoed by CB Richard Ellis Corporate Partners, a specialized net lease operating unit performing under the umbrella of CB Richard Ellis Investors in Los Angeles.

Net lease companies operate under the theory that when capital for financing dries up, corporations can free up dollars by monetizing such passive assets as real estate.

This is a major concern for Matt Sebree, director of specialty leasing with Caruso Affiliated, a Los Angeles - based firm that currently operates 1.5 million square feet of open - air shopping centers in California and has another 2 million square feet under development.

Under most net leases, building owners have no incentive to invest in efficiency for their building systems because the operating expenses are passed through to tenants, who would therefore receive all of the energy cost savings.