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Assignment (law) Assignment[ a] is a legal term used in the context of the laws of contract and of property. In both instances, assignment is the process whereby a person, the assignor, transfers rights or benefits to another, the assignee. [ 1] An assignment may not transfer a duty, burden or detriment without the express agreement of the ...
UCC-1 financing statement. A UCC-1 financing statement (an abbreviation for Uniform Commercial Code -1) is a United States legal form that a creditor files to give notice that it has or may have an interest in the personal property of a debtor (a person who owes a debt to the creditor as typically specified in the agreement creating the debt).
Equipment leases can be a capital lease or an operating lease You may need at least two years in business and $100,000 in annual revenue to qualify for an equipment loan or lease
United Rentals, Inc ( NYSE : URI) is an American equipment rental company, with about 16 percent of the North American market share as of 2022. [ 5] It owns the largest rental fleet in the world with approximately 4,700 classes of equipment totaling about $19.3 billion in original equipment cost (OEC) as of 2022. [ 3]
Rental agreement. A rental agreement is a contract of rental, usually written, between the owner of a property and a renter who desires to have temporary possession of the property; it is distinguished from a lease, which is more typically for a fixed term. [ 1] As a minimum, the agreement identifies the parties, the property, the term of the ...
All oil drilling into the South Ellwood Offshore field takes place from Platform Holly, about two miles (3 km) offshore in state waters 34.3898°N 119.9065°W. Oil wells on wharves built out over the ocean, Summerland oil field, 1902. Offshore oil and gas in California provides a significant portion of the state's petroleum production.
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