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BARG (The lease contains an option to purchase the leased property at a bargain price.) EQUA (The lease term is equal to or greater than 75 percent of the estimated economic life of the leased property. Not applicable when the beginning of the lease term falls within the last 25 percent of the total estimated economic life of the leased property.) LBAC (Leaseback, a non Capital Lease needing to earn restoration and modernization funds either in FMM or the replacement metric for Grant Capital Lease Criteria Code) NONE (None of the above. It is not a capital lease.) TRAN (The lease transfers ownership of the property to the lessee by the end of the lease term.) VALU (The present value of the rental and other minimum lease payments, excluding that portion of the payments representing executory cost, equals or exceeds 90 percent of the fair market value (FMV) of the leased property. Not applicable when the beginning of the lease term falls within the last 25 percent of the total estimated economic life of the leased property.)
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