Examlex
The lessee's incremental borrowing rate is the rate that, at the inception of the lease, the lessee would have incurred to borrow over a similar term the funds necessary to purchase the leased asset.
Accept the Offer
The act of agreeing to the terms and conditions of a proposal, such as a contract, thereby creating a binding agreement between the parties involved.
Revoked
To officially cancel or annul an authorization, license, or legal agreement.
Unequivocal
Leaving no doubt; unambiguous or clear in expression or meaning.
Timely Basis
The act of completing or delivering something within an expected or appropriate time frame.
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