The CPLV Lease Agreement
and HLV Lease Agreement
will be amended and combined into a single master lease agreement
Since 1993, Petron has already paid an average of about P140 million annually under the lease agreement
. The lease at that time represented a yield of 64 percent.
CDA Member Planning Asad Mehboob Kayani, when contacted, said: 'In all those cases where due process was not followed, we will cancel the lease agreements
'By unilaterally setting aside the renewal clauses of the Lease Agreements
and by categorically declaring its refusal to honor them, PNOC committed a fundamental breach of its Lease Agreements
with Petron,' the company stressed.
'Accordingly, your letters-because they deny without legal causes Petron's contractual right to renew-constitute fundamental breach of the three lease agreements
The company stated that these lease agreements
imply shared investments, lower risk and thereby lower average valuation yield for the hotel properties, and lay the foundations for good growth in rental income and net operating income.
Based on our discussions with the competent authorities, we have been informed that all short term lease agreements
The Governor was informed through different complaints that the government officials appointed in tribal areas were involved in issuance of fake identity cards to foreigners including Afghans and issued them illegal lease agreement
of minerals' mines in FATA.
The lease agreements
concluded after the implementation of the new act
* A 10 year lease agreement
with DD Hempstead, Inc, Dollar Discount Stores for 8022 square feet.
The 16 new lease agreements
included four new Airbus A320s for Virgin America, three Airbus A320s for Indonesian airline Garuda, three Airbus A320s for Mexico's Interjet, one Airbus A320 for Amsterdam Airlines in the Netherlands, two Airbus A319s for Aircompany Tatarstan in Russia, one Airbus A319 for Colombia's Avianca and two Airbus A319s for Bangkok Airways, Thailand.
WITH over 20 years' experience of negotiating lease agreements
I have questioned over the past two years if my previous experience has prepared me and my fellow professionals for the unprecedented change in the approach we have taken towards lease agreements