First Amendment Lease Agreement

The first amendment to the agreement extends the agreement for a third period of five years and expires on 16 May 2025. FINANCING The first Amendment Lease Rate remains the same at $100 per year and acre and is paid by the Wastewater Fund. The tenant has the opportunity to acquire the equipment at the end of the lease at fair value (or at a certain price) At AFG, almost 100% of our first modification leases are converted into equipment or machinery by the lessee at the end of a full term, which means the transparency and customer orientation of our professional team. The afg`s first modification lease also helps the lessee to benefit from tax advantages and the lessor to benefit from depreciation advantages. It is necessary for the lessee to continue or renew the lease Agreement With Alliance Funding Groups First Amendment Lease, the lessee has the option to purchase the equipment at different locations during the lease agreement or at the end of the lease period. It is not possible to return the devices during the rental period of a first amendment rental agreement. If the call option is not used during the lease period: if the call option is not exercised, the lease is automatically extended from a fixed term (usually 12 or 24 months) to a fixed rent intended to approximate the fair rental value, which further reduces the residual position of the lessor at the end of the term. The tenant is not allowed to return the device on the day the option is exercised. When the lease is automatically renewed, the lessee generally has the right, at the end of this initial renewal period, either to return the equipment without penalty or to renew or purchase at its fair value. The first amending lessor gives the lessee a call option at one or more defined points, with an obligation on the lessee to extend or continue the lease if the call option is not exercised.

As a general rule, the option price is either a fixed price intended to approximate fair value, or it is defined as a fair value determined by the lessee`s valuation and subject to a floor to ensure that the lessor`s residual position is hedged when the call option is exercised. For the purposes of this first amendment, the rental year is defined as a period of twelve months during the term of the lease in respect of additional premises beginning from the beginning of the lease or the anniversary of the beginning of the lease. After the termination of the rental agreement by the tenant, the tenant will leave the extension area in the condition required by section 15 of the rental agreement, and lessors and tenants will be exempted from their obligations under this rental agreement with the first modification, with the exception of those who arose before the date of early termination or who survive the termination of this first modification in accordance with on their terms or by law. The owners and tenants also entered into a First Amendment Lease Agreement in May 2009 which extended the lease agreement from 27 August 2009 to 31 August 2010. These include: Non-Air Carrier Terminal Floor Space Service CountersVIP Lounge Office Storage Air Carrier Terminal rental prices for Air Carrier are set in accordance with the First Amendment Lease Extension of the Airport-Airline Lease of 1 January 2008. . .

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