Some lease agreements, when terminated early, will credit the bank's interest fees back to the driver for the unused term of the lease, but the leasing company will keep its spread from the entire term.

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The pair met with more than six real-estate agents, all of whom turned them down, citing noise concerns and the short-term nature of the lease.

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At the end of the lease term, the driver owes a balloon payment.

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Current accounting rules allow retailers that sign certain long-term leases to omit the leased property from their balance sheets. (The basic rule is that omission is acceptable if the lease term is less than 75% of the useful life of the building.) But the Financial Accounting Standards Board may change that next year.

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During the term of the agreement, Peretti may not sell, lease or otherwise dispose of the Peretti Intellectual Property unless it has the approval of Tiffany.

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Although Mullaiperiyaru dam is located in Kerala, it is operated by the government of Tamil Nadu which signed a long-term lease with the former British government.

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However, depending on your type of lease, when your lease term is up, you either hand the keys over to the car dealership and look for another vehicle, or finance the remaining value of the vehicle and go from making lease payments to loan payments.

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Unlike all other big fast-food chains, McDonald's owns or controls under a long-term lease the vast majority of its stores and land.

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The lease to manage shooting and fishing rights on Raasay could remain in the hands of crofters long term, the environment minister said last week.

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