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The OIAA was created in August 2012 under a joint-powers agreement between the City of Ontario, California, and San Bernardino County. [ 1 ] The OIAA oversees the operation of Ontario International Airport, having gained operational control of the airport from Los Angeles World Airports on November 1, 2016.
A dry lease is a leasing arrangement whereby an aircraft financing entity (lessor), such as AerCap or Air Lease Corporation, provides an aircraft without crew, ground staff, etc. Dry lease is typically used by leasing companies and banks, requiring the lessee to put the aircraft on its own air operator's certificate (AOC) and provide aircraft ...
Canadian contract law is composed of two parallel systems: a common law framework outside Québec and a civil law framework within Québec. Outside Québec, Canadian contract law is derived from English contract law, though it has developed distinctly since Canadian Confederation in 1867.
A project agreement is an agreement between the owner/developer of a construction project and the construction trade unions that will perform that construction work. A project agreement modifies the terms of otherwise applicable construction collective agreements for purposes of a specific construction project or a defined set of construction projects.
A Lease-Purchase Contract, also known as a lease purchase agreement or rent-to-own agreement, allows consumers to obtain durable goods [1] or rent-to-own real estate [2] without entering into a standard credit contract. [1] It is a shortened name for a lease with option to purchase contract.
The expression "operating lease" is somewhat confusing as it has a different meaning based on the context that is under consideration. From a product characteristic standpoint, this type of a lease, as distinguished from a finance lease, is one where the lessor takes larger residual risk, whereas finance leases have no or a very low residual value position.