Financial leasing contracts usually include specific clauses for early termination of the agreement in the event of the lessee’s default. In the European Union, in case of the lessee’s serious material breach, the lessor is entitled to obtain the expired unpaid fees increased at a default interest rate, the fees not yet expired and the redemption price discounted at the leasing rate.
Leasing: anticipated interruption contract
Luigi De Cesare
2021-01-01
Abstract
Financial leasing contracts usually include specific clauses for early termination of the agreement in the event of the lessee’s default. In the European Union, in case of the lessee’s serious material breach, the lessor is entitled to obtain the expired unpaid fees increased at a default interest rate, the fees not yet expired and the redemption price discounted at the leasing rate.File in questo prodotto:
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