The phrase "operation lease" is grammatically correct and commonly used in written English, particularly in business and finance contexts.
It refers to a leasing agreement where the lessor retains ownership of the leased asset and is responsible for its maintenance and operation. Example: The company opted for an operation lease on their new office space, allowing them to have access to a prime location without the financial burden of ownership.
Seed and treatment, fertilizer, fungicide, herbicide, and insecticide application along with fuel, machinery operation, lease, land taxes, interest costs, and average insurance costs were included in production costs.
One of these operations, leased to Sinfocam, a subsidiary of a Hong Kong-based company called Vicwood, will operate within ten kilometres of Dzanga bai.
And he wants Africa's top safari-tourism operations to lease concessions — Carr's staff of ecologists, tourism consultants, and engineers have carved Gorongosa into nine huge tracts — and to develop environmentally correct lodges that will generate thirty million dollars a year of business (ten per cent of which will go to the park's budget), in addition to park entry fees.
Westar said in a Securities and Exchange Commission filing that the company and employees, including those responsible for the operation of leased aircraft, were served multiple subpoenas by the United States attorney's office in Topeka, where the company is based.. Westar said on Sept. 24 that it would limit the pay and perks of Mr. Wittig and other executives.
It operates within the following business segments: Container Shipping, Dry Bulk Shipping, Logistics, Container Terminal Operations, Container Leasing, Management and Sale, and Corporate and Other Operations.
As much as half of its earnings last year are estimated to have come from its U.S. operations, mostly leasing.
engages in the lease, operation, management and development of leather products markets.
Air Europe's holding company bought a third of Norway Airlines in October 1989; this allowed the Norwegian company to start flying Air Europe's route between Oslo and Gatwick as a wet lease operation, in addition to several international destinations from London.
The Financial segment, through LQ Inversiones Financieras SA, provides services in insurance brokerage, mutual funds, factoring operations and financial consulting; it also renders investments and financial lease operations related to real estate, industrial machinery, vehicles and computer equipment.
Postal inspectors trying to crack down on those oil lease operations say they are running into operators who previously pitched phony gold bullion, diamonds or whatever tickled the public fancy in previous years.
The transaction follows in close order the sale of Citi's truck leasing unit to General Electric last fall for $4.4 billion and the earlier divestiture of its European vendor-finance leasing operation to CIT Group.
