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Equipment Lease Agreement

equipment lease agreement

    equipment lease
  • (EQUIPMENT LEASING) Leases allowing companies to purchase new equipment.

  • Obtaining equipment to be used for a business purpose on a rental basis, either from a financial institution or a leasing company that owns the equipment. Items that are regularly leased include vehicles, aircraft, railroad cars, computer systems, medical equipment, and store fixtures.

  • Leasing is a process by which a firm can obtain the use of a certain fixed assets for which it must pay a series of contractual, periodic, tax deductible payments. The lessee is the receiver of the services or the assets under the lease contract and the lessor is the owner of the assets.

  • Harmony or accordance in opinion or feeling; a position or result of agreeing

  • the statement (oral or written) of an exchange of promises; "they had an agreement that they would not interfere in each other's business"; "there was an understanding between management and the workers"

  • harmony of people's opinions or actions or characters; "the two parties were in agreement"

  • The absence of incompatibility between two things; consistency

  • compatibility of observations; "there was no agreement between theory and measurement"; "the results of two tests were in correspondence"

  • A negotiated and typically legally binding arrangement between parties as to a course of action

equipment lease agreement - Negotiating Telecommunications

Negotiating Telecommunications Agreements Line by Line

Negotiating Telecommunications Agreements Line by Line

In today's business environment, telecommunications is an essential component of any technology infrastructure. To leverage this critical technology to the maximum extent possible in your business, while controlling costs, you must have a thorough understanding of the key terms and provisions commonly found in agreements for telecommunications services. The authors break down the most commonly encountered business and legal issues that arise in these agreements, and detail why and how to modify common clauses to best promote your ability to successfully implement telecom technologies across your business. Businesses have long been at a disadvantage to the vendors in protecting their interests in these types of agreements. Negotiating Telecommunications Agreements Line By Line corrects this imbalance. Examining the most critical components of typical telecom agreements, explaining the business purposes inherent in each, and offering negotiating strategies and proposed contract language, industry expert Mike Dettorre and leading technology lawyers James Kalyvas and Kirk Sullivan present a detailed and strategic insight into the telecommunications contract. A first-ever handbook for the business executive to tackle the challenges presented in buying telecom services, Negotiating Telecommunications Agreements Line By Line illustrates the least understood yet most important clauses encountered in purchasing and implementing telecom systems and services. This book is a must-read for those seeking to become better informed, more empowered, and more successful telecom consumers.

82% (18)

The Hands of Victory

The Hands of Victory

Edward Martin, "The Hands of Victory", Digital Photograph, 1993, Desert Storm Collection Atlanta, GA

The Hands of Victory, or the Swords Of Qadisiyah, were commissioned by Saddam to be built as a symbol of Iraqi victory during the Iran-Iraq war. The Iran-Iraq war lasted from September 22, 1980 until a cease-fire agreement came into effect on August 20, 1988, making this the longest conventional war in world history. Iraq initiated the conflict according to Iran (this is also the most widely accepted belief) by use of aircraft to attack and destroy not only Iranian airfields but also a few early warning installations, although from the Iraqi perspective, the conflict began when Iraq shelled an Iraqi city with mortar fire. The Iraqi military strategy is oddly reminiscent of Israeli strategy during the Israel-Arab war, when Israel used aircraft to dominate the Arab airfields and used mass armor strikes to take control of territory. However, Iraqi air strikes largely failed to accomplish their mission due to lack of training and poor soviet equipment. This would be the start of a long string of technical Iraqi failure. Meanwhile, indescriminent use of artillery by invading Iraqi forces injured many civilians within the cities of Dezful, Ahvaz, and Khorramshahr (an essential port city), creating a surge of patriotism in Iran. In addition to that, Iran received many weapons and arms from nations such as Libya and North Korea. All of this and more, such as importation of volunteers from all over the nation led to boosted morale of the beleaguered Iranian forces, while Iraqi special forces teams weren't even given city maps during the invasion of Khorramshahr. Instances like this forced Saddam to try harder and harder to keep his army from separating itself due to the Shia/Shitte religious disparity, made even more troublesome when Khomeini began to spread Iranian propaganda in an attempt to get the Shia to rebel under Saddam's control. Warfare during this conflict eventually turned into something reminiscent of World War 1, with mass charges, trench warfare, chemical weapons and high casualty rates.

In February 24, 1986 the UN Security Council proposes Resolution 582, which would act to end the hostilities in the gulf through a cease-fire agreement, which Iraq would accept under the condition that Iran accepts as well. Due "Fao Offensive" of 1986, Kuwait openly begins to display anger toward Iran, even letting Iraqi footage to be broadcast onto Kuwaiti television, adopting a pro-Iraqi stance. Kuwait and Saudi-Arabia, both members of OPEC, warn against a Kuwaiti invasion, and eventually give Iraq aid in the form of oil. However, Kuwait largely relies upon oil tankers for it's economy, leaving it very vulnerable to attack from Iran warships, which, since Iran's own tankers were attacked by Iraq, Iran decides to attack Kuwaiti tankers in retribution Iran had previously stated that it would get revenge for Syrian, Saudi and Kuwaiti giving aide to Iraq. Saudi Arabia still kept an open mind toward Iran, and eventually improved relations (although Kuwait never did). Secretly, Iran and the US had entered a "weapons for hostages" situation (although the weapons were actually sold to Iran, this is still against US policy), and starts receiving large amounts of weapons while hostages are released. This eventually becomes a larger issue and results in more hostage-weapon sales on account that more hostages are taken. This is revealed in a Beruit newspaper to the world, and President Reagan comes under fire by the rest of the U.S.. He attempts to rectify the situation by saying that he was attempting to heal Iran-US relations, and Iran responds by saying that the US is weak. This becomes known throughout the world as the Irangate Affair. The US continues to support Iran, and Israel claims to be against Iraqi victory. Meanwhile, because of Iran's attacks on it's oil tankers, Kuwait seeks aid from both the Soviet Union and The United States. The Soviet Union leases three tankers to Kuwait and the US offers protection under the condition that they fly the US flag. Over the course of several months, several tankers are hit by mines, and the United States destroys the Iran Air , a ship allegedly dropping the said mines in the first place. The US begins to adopt a pro-Iraqi stance, which would last until the end of the First Gulf War. Iran like-wise struck against the reflagged Kuwaiti tankers. This and similar events eventually "snowball", leaving Iran without allies, and forced to sign Resolution 598 unconditionally. This is what grants the perceived Iraqi victory after the ceasefire, eventually leading into an invasion by Saddam on Kuwait.

Morris M. Mottale. 2001. The Origins of the Gulf Wars . Lanham :University Press of America

Dilip Hiro. 1991. The Longest War The Iran Iraq Military Conflict . London: Grafton

Will D.



The original town baths opened in a single storey building constructed on the site in 1838. In 1865 the Sydenham's / replacement baths opened, with the Pier Approach Baths following in 1937.
In 1986 the Pier Approach Baths building was demolished and the site stood empty until work on The Waterfront began in 1998.

It opened in 1999, although the opening of the flagship tenant, the Sheridan Imax Cinema, was delayed until 2002. As part of the tenancy agreement the cinema was supposed to operate for a decade and all year round, but it was soon closing its doors on a number of weekdays out of season. It closed suddenly, and for good, in 2005.

The building itself became known locally as 'The Imax', a name that stuck, even after the Imax closed and all its equipment had been removed from the site.

The building has attracted a lot of negative attention since it opened, and has been criticised for being too high, too ugly, too big and for being an operating failure.
At one time it was even shortlisted as one of Britains Most Hated Buildings on Channel 4 television.

In 2010 Bournemouth Council purchased the building for a reported ?4.5 million and spent further sums buying up the leases of the remaining tenants. It plans to lower the height of the building, a project deemed urgent enough for the usual competitive tendering process to be bypassed, as the council has already awarded the works to a preferred contractor.
Once the alterations have been completed a new use for the building will be decided, the Council having previously invited ideas from members of the public. The list of suggestions includes a museum, butterfly farm, art gallery, water based theme park, tropical gardens, another cinema, a swimming pool and an ice rink.
Another popular suggestion was to knock it down and turn the site into a plaza style garden, whilst rather less popular suggestions included turning into a bookies and a Tesco Express. I'm sure if it can make money the Council will consider it.

It may seem to attract its fair share of bad publicity, and almost certainly hasn't lived up to its initial promise. However, it didn't attract much, if any criticism, until after it was built. Hindsight is a wonderful thing. Bournemouth's history is littered with projects that have had less than flattering starts. Take, for example, the original pier. In 1861 the town borrowed ?5000 to have it built, only to see the early works washed away in a storm. The builder and the designer constantly disagreed which further delayed the project. Finally, the bank that the ?5000 was deposited into failed and all the money was lost. Even after all that, the pier was severely damaged by storms and marine wood worm, and required constant, costly repairs and maintenance.
The original Winter Gardens project in the 1880s was also a disaster to start with and was closed soon after opening. It became a great success, with a second Winter Gardens replacing it in the 1930s.
Even projects that have been a success from the word go have had to be fought for tooth and nail. The Undercliff Drive, championed by many of the great and good of the town at the time, attracted fierce opposition. Need i even mention just how long it took to get the Pavilion built ? Don't go there.

I'm sure that the Waterfront was entered into in good faith along with that other much criticised project of recent times, the Boscombe Surf Reef. There has never been a golden age for Bournemouth. To keep its place as a leading destination it has always had to try and stay one step ahead, and to keep attracting visitors, no mean feat. In the 80s the Bournemouth International Centre opened to try and attract the lucrative conference market to town at a time when tourist numbers were dropping, and the hotel trade suffering, especially out of season. Bournemouth is a tourist town, it's what we do. Our greatest asset is our beautiful natural setting, our seven miles of coast.
The pleasure gardens, the shops, the wet weather attractions, the airshow, the Oceanarium, the restaurants and the nightlife can all play their part to make sure tourists and visitors keep coming back, and of course all of these things are there to be enjoyed by residents too.
Its a great place really. It may all seem doom and gloom at the moment with the recession and all that, but we've got a town to be proud of. A lot of our problems, too much traffic, not enough places to park, anti social behaviour, the drinking culture and the lack of public money are everyones problems, they're not exclusive to Bournemouth.
That elusive 'golden age' is just around the corner, i can feel it in my water. Either that or i've got cystitis again.

UPDATE. September 2011. None of the applications from the potential tenants were deemed suitable by the Council so the whole project is currently up in the air.

equipment lease agreement

equipment lease agreement

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