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Delivery of the F-111s was delayed, however, so Nos. 1 and 6 Squadrons began operating leased F-4E Phantoms as an interim strike force in 1970.
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FINLAY ENTERPRISES INC., New York, the largest operator of fine-jewelry counters in United States department stores, will buy some assets from Jay B. Rudolph Inc., Tampa, Fla., which operates leased jewelry departments, for about $23 million in cash.
It also operates leased shoe departments in the SteinMart and Burlington Coat Factory chains.
For the last two years, Arnone has been executive vice president of Platt Music Corp. in Los Angeles, which operates leased consumer electronics departments.
In addition, optometrists who operate leased optical departments in 19 Zodys stores have been placed on notice that they must vacate by the end of February.
Canada has only ever rented surveillance drones, even during the Afghan mission when the CAF operated leased Heron surveillance drones from MacDonald Dettwiler and Associates, a partner of Israel Aerospace Industries.
Between 1970 and 1973, as an interim measure pending the long-delayed delivery of the General Dynamics F-111C swing-wing bomber, No. 82 Wing operated leased McDonnell Douglas F-4E Phantoms.
When an operating lease does not meet the definition of a capital lease in 1.c above, the operating lease payments are expensed as incurred.
All leases not qualifying as a capital lease are classified as operating leases.
Capital and operating lease liabilities utilize the University's debt capacity.
Capital and operating leases are considered long-term financial obligations of the University.
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