The mounting costs associated with section 388 are attributable to rising amounts in jury awards and to, what seems to some, outrageous determinations of lessor
This endorsement protects the lessor
in case the insurance required by the leasing agreement is not collectible.
* Residual value--resale value of a car at lease end, as determined by the lessor
Sometimes the lessor
wants to lend his money to the lessee to make profit, then he acts as a "Money Lender", and lends money on interest or mark up basis.
Following Leeth and Scott (1989) and Scott (1977), it can be argued that leases have lower expected bankruptcy costs for the lessor
than secured debt has for the lender, thereby making leasing a preferred financing alternative for firms with a higher potential for financial distress.
receive the leased asset from the lessor
(or the Supplier);
The presence of any of these circumstances authorizes the lessor
to directly resort to the MTC/MeTC for summary ejectment.
Accordingly, the lessor
has a variety of remedies it can pursue: seeking relief from the automatic stay, filing a motion to compel payment, filing an administrative expense claim and filing a motion to require the debtor-lessee to assume or reject the lease.
But with air pockets in sight, industry executives increasingly point to an expected shakeout among smaller lessors
. Some smaller Chinese players are already pulling back.
The site also provides premium services for the lessor
and the tenant, such as: updating, linking and verification of the account's smart pass login, and the client will receive the contract link through a text message.
calculate and recognize any selling profit or loss at the commencement of the lease as the fair value of the underlying asset (or the sum of lease receivable and any prepaid lease payment by lessee, if lower), less the carrying amount of the underlying asset net of any unguaranteed residual asset, less any deferred initial direct costs of the lessor
Summary: Aircraft lessor
says bonds not trading at prices consistent with market position