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A purchase and sale agreement (PSA), also called a sales and purchase agreement (SPA) [1] or an agreement for purchase and sale (APS), [2] is an agreement between a buyer and a seller of real estate property, company stock, or other assets.
I-Pass is the Illinois Tollway’s electronic transponder toll collection system that allows drivers to pre-pay their tolls. As of 2010, Tollway drivers use 3.3 million I-Pass transponders. [37] Every toll lane on the system is equipped to accept I-Pass which can also be used on the Chicago Skyway and anywhere E-ZPass is accepted.
An asset purchase agreement (APA) is an agreement between a buyer and a seller that finalizes terms and conditions related to the purchase and sale of a company's assets. [1] [2] It is important to note in an APA transaction, it is not necessary for the buyer to purchase all of the assets of the company. In fact, it is common for a buyer to ...
A Lease-Purchase Contract, also known as a lease purchase agreement or rent-to-own agreement, allows consumers to obtain durable goods [1] or rent-to-own real estate [2] without entering into a standard credit contract. [1] It is a shortened name for a lease with option to purchase contract.
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The initial purchase of rolling stock, construction of stations, and other start-up costs, amounting to some $48 million, were covered primarily by Measure K funds. Station improvements are the responsibility of the county in which the station is located. ACE pays the Union Pacific Railroad about $1.5 million per year to use their tracks.