The transaction is to be financed through a lease-purchase agreement with Western banks, under which the carrier will own the planes after 12 years.
Congress has approved the use of lease-purchase agreements for 10 G.S.A. buildings at sites across the country.
The local board of education acquired a 12-acre tract to build the Village Elementary School under a lease-purchase agreement in 1998.
Warsaw agreed to a lease-purchase agreement for three of the wide-bodied airplanes, which are worth about $220 million.
By the end of 1950 the association had received about $170,000 from rentals and lease-purchase agreements.
In the future it is unlikely that lease-purchase agreements will combine financing and building costs, as was the case in Chicago.
Each player would start with a million dollars and instead of mortgaging property they could enter into a lease-purchase agreement with a Japanese investor.
The building was obtained by the university in a lease-purchase agreement in 1984 and reverted to the full university ownership ten years later.
It has a lease-purchase agreement, meaning that in time it will own the theater.
Instead, he negotiated a lease-purchase agreement on the unoccupied apartment building; the purchase itself never came about.