If the substantive action is successful, and all the appeal stages have been exhausted, the lessor
can then proceed with the execution of the judgment through the relevant court execution department.
managing a portfolio of financial assets may engage in financing with varying amounts of exposure to credit risk, interest rate risk and perhaps residual risk, but little or no exposure to other risks associated with ownership, such as obsolescence, price risk or other market risks.
In respect of operating leases, the lessor
should not be liable to German tax on the rental income provided it is not carrying on a business in Germany through a permanent establishment (PE).
The lease agreement between the lessor
and the lessee requires that the lessee acquire an insurance policy for the vehicle that identifies the lessor
as the named/additional insured.
This scenario is no doubt familiar: the parties harden their positions; the lessor
is motivated to get out of the deal, but still needs to think about a possible squeeze by the lender; the lessee believes it can easily cure the problem and that the lessor
is being unreasonable.
Finally, CA 20 01 notes that the lessor
is not liable for the payment of the policy premium; the named insured is the responsible party.
Residual value--resale value of a car at lease end, as determined by the lessor
SECURITY DEPOSITS: It's fairly common for a lease to require you to pay the lessor
a security deposit.
In either circumstance, the lessor
will probably be open to discussing these options, since they have a familiar, ready and willing customer.
In the leasing agreement, lessor
agrees to provide equipment or finances to buy the equipment needed by the lessor
The provider's closer association with the lessor
hospital may hinder its ability to develop working relationships with other referral sources in the community, especially those which compete directly with the lessor
While the lessor
and lessee eventually agree on an economic deal, the tax consequences arising from certain structures can sometimes catch one or both of the parties by surprise.