An Analysis of Factors Effecting the Rent-free Period of Indirect Investment Office Based on Tenants’ Characteristics - Focused on Office Lease Contract Cases in Seoul -

2021 ◽  
Vol 39 (1) ◽  
pp. 63-84
Author(s):  
Won Goo Chung ◽  
Hobyung Lee
Keyword(s):  
Author(s):  
James Herbert

This chapter discusses the separation and independence of the AHRB from the HEFCE. In 2001, through the aid of Bahram Bekhradnia, the AHRB gained autonomy from the HEFCE. At the beginning of the fiscal year in April 2001, the ARHB became a company limited by guarantee. In September of the same year, the organisation gained legal status as a charity, hence affording it certain tax advantages. The newly independent company and charity took on new trustees, however it retained its broad responsibilities. It also took on the responsibility for producing its own audited Statutory Accounts. At the same time, the organisation's staff formally transferred to the employment of the ARHB and in the following year additional staff were recruited. In the month of October, the organisation signed a ten-year lease contract on its new office in Whitefriars Building in Bristol. In addition, the organisation was also attaining full realization of its programmes and objectives. It formed three award schemes including the Research Leave scheme. It also created the Fellowships in the Creative and Performing Arts. In addition, the organisation also formed new funding schemes and in 2002, upon the approval of the government, the Research Council funded projects throughout the UK. In sum, as Chief Executive David Eastwood puts it, the ARHB was achieving independence and operating in ways which still mirrored those of the research councils.


2016 ◽  
Vol 838 ◽  
pp. 85-92
Author(s):  
Lev Zimanov ◽  
Nikita Pozhivilov

Fleet management is one of the key issues for transit agency in terms of increasing reliability, quality and satisfaction of the customers. There are different ways to renew the fleet, such as leasing, short and long terms loans, renting and even full price purchasing. Leasing, as a way to renew bus fleet, is one of the most convenient and popular method nowadays, due to the financial advantages of this method.Duration of bus leasing affects on bus service life, which in turn affects the income from bus and the technical and economical parameters of a fleet agency. Manager need to make a forecast of transportation and economical work, before the sign off a lease contract with a lessor. Detailed and precise forecasts of the technical and economical parameters are the key inputs for decision making affect on the income and operation parameters of the fleet, economical sustainability of the company and costumers satisfaction rate.This paper examines the problem of determining the optimum service life of buses which are purchased through leasing by a transit agency.The proposed procedure method consists of a 3-steps model. First step is choosing several leasing duration and payments per month; Second step is economical calculation for selected cases and determining the most suitable for company. The last step is comparison the calculated forecast with normative parameters.The proposed method can be used as a fleet management tool for any bus transit agency.


2017 ◽  
Vol 38 (1) ◽  
pp. 303-335 ◽  
Author(s):  
Ivan Tot

The subject of the research in this paper are automotive operating lease contracts in the Croatian business practice. The provisions of the general terms and conditions for operating lease contracts of the Croatian leasing companies are being analysed, particulary those relating to the rights and obligations of the parties to the contract after the operating lease contract was terminated and the motor vehicle returned to the lessor. The existence of three contractual models of the automotive operating lease contract in the Croatian business practice is established, which vary with regard to the assignment and the distribution of the residual value risk. Those contractual models are being compared with the two most common contractual models of automotive lease contracts in the Austrian and German business practice: the lease contract with the excess mileage adjustment and the lease contract with the terminal rent adjustment. On the basis of the results of this comparison, applicability of the legal solutions, developed in the Austrian and German jurisprudence and legal literature regarding the lease contract with the excess mileage adjustment and the lease contract with the terminal rent adjustment, to the automotive operating lease contract within the framework of Croatian law, is being examinded.


2016 ◽  
Vol 22 (1) ◽  
pp. 35-50 ◽  
Author(s):  
Zied Hajej ◽  
Nidhal Rezg ◽  
Gharbi ali

Purpose – The purpose of this paper is to investigate the optimal production policy and maintenance strategy for leased equipment under a lease contract with warranty periods. In order to have steady revenue, the lessor (owner) of the equipment may provide guaranty periods to encourage the lessee to sign a lease contract with a longer lease period. Design/methodology/approach – Under this production/maintenance scheme, the mathematical model of the expected total cost is developed and the optimal production planning and the corresponding optimal maintenance policy are derived by choosing the optimal warranty periods for the lessee in order to minimize the total cost. Findings – The influence of the production rates variation in the equipment degradation is considered by an increased failure rate according to both time and production rates. The impact of warranty periods on optimal maintenance planning will be studied thereafter. Finally, numerical examples are given to illustrate the analytical study and the effects of the warranty periods variation during the lease periods on the maintenance policy and consequently on the total cost. Originality/value – The paper proposes a new idea of production and maintenance coupling in the leasing aspect. This study shows that it has a novelty and originality relative to this type of problem which considers and proposes a new maintenance strategy for leasing contract. This originality characterized by the influence of two factors on the equipment maintenance strategy. First factor is the influence of the production variation production rates on the machine degradation degree that is new in the literature charactering by analytical equation that shows the evolution of the machine failure rate according to its use (which is in our case the production rate for each period) respecting in the same time the continuity of the equipment reliability for a period to another.


2003 ◽  
Vol 31 (1) ◽  
pp. 53-74 ◽  
Author(s):  
Brent W. Ambrose ◽  
Sunwoong Kim
Keyword(s):  

2021 ◽  
Vol 65 (4) ◽  
pp. 502-515
Author(s):  
Marilena Marin ◽  

"The present paper analyzes the legal situation of the colonists - semi-free people, land cultivators, in the period of ancient Rome, as well as the particularities that the land lease has experienced in relation to the colonist, in the same period of antiquity. We have had as starting point the status of the colonist within the framework of the Roman society along with a brief characterization of them in order to properly understand the reasons for establishing a particular type of relation with the lands and the corresponding owners of them. Hereinafter, we have considered the sources of the lease agreement as well as the outcome/impact of the contract, in particular the rights and obligations of the settlers. The topic that might be labelled as out of interest has been intended to create a general overview in respect of the people and their relationship with the lands in general with focus on the period of ancient Rome. At the same time, the analysis has been directed towards an in-depth study as regards the legal relationship on which the lease contract was based, starting from the perspective of the great professor Vladimir Hanga, who expressed the idea according to which ”every legislation is related to the society from which it comes and on which it depends”. The research method in point of the of the text has been the observation and analysis of documents, the exact identification of the tackled concepts in respect of time and space, but also for an accurate understanding of the legal situation of the colonists - semi-free people who worked the land during ancient Rome."


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