Common use of Capitalized Cost Reduction Clause in Contracts

Capitalized Cost Reduction. The amount of any net trade-in allowance, rebate, noncash credit, or cash you pay that reduces the gross capitalized cost. ........................................................................................................................................ - iii. Adjusted capitalized cost. The amount used in calculating your base monthly payment = iv. Residual value. The value of the Vehicle at the end of the Lease used in calculating your base monthly payment.................. - v.

Capitalized Cost Reduction. The amount of any net trade-in allowance, rebate, noncash credit, credit or cash you pay that reduces the gross capitalized costGross Capitalized Cost ………………………………………………………..…. ........................................................................................................................................ - iii. (c) Adjusted capitalized costCapitalized Cost. The amount used in calculating your base monthly payment = iv. Residual value. The value of the Vehicle at the end of the Lease used in calculating your base monthly payment.................. - v.Base Monthly Payment..................... (d)