Downward sloping term structure of lease rates: a puzzle

The Corporation recognizes right-of-use assets and lease liabilities for all leases at the commencement date of a lease, except for short-term leases and low-value

A lease with a 10% Fixed Price Purchase Option provides ownership at the end of the term at a fixed purchase price equal to 10% of the original transaction amount. This lease

o Income recognized per term= net lease payments over the lease term ÷ lease term  Initial direct costs on an operating lease are added to the carrying value of the leased

Operating and Capital Leases Operating Lease Short-term lease; No liability or asset recorded Capital Lease Long-term lease; Meets one of 4 criteria; Results in recording an

However, a land lease with a term of several decades or longer may be classified as a finance lease, even if at the end of the lease term title will not pass to the lessee, because

1) Conduct preliminary wind tunnel tests to model a nozzle exhaust jet in ground proximity and study the plume behaviour downstream of the nozzle exit; using

The Hotel Lease provides for a ten-year lease term, subject to a one-year extension in the event that the Property Loan is still in effect as of the end of the lease term;

A. Landlord shall hold the money in a separate non-interest-bearing account in a banking institution insured by the FDIC for the benefit of Tenant. Landlord cannot mix such money