Automotive Lease Guide definition

Automotive Lease Guide means the publication of such name, which includes residual factors, or any successor publication.
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Automotive Lease Guide means, with respect to any Closed-End Vehicle and the related Closed-End Lease, the Automotive Lease Guide prepared and published by Automotive Lease Guide, LLC, which edition is the most current at the inception of such Closed-End Lease.
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Automotive Lease Guide means (a) if available, the publication of such name which includes residual factors or any successor to such publication consented to by the Administrative Agent and each Group Agent or (b) if such publication described in clause (a) is not available, any other publication reasonably acceptable to the Borrower and the Administrative Agent.
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Examples of Automotive Lease Guide in a sentence

  • Huntington records the residual values of its leases based on estimated future market values of the automobiles as published in the Automotive Lease Guide (ALG), an authoritative industry source.

  • For purposes of this table, the “ALG Residual Value” for each leased vehicle is equal to the related residual value estimate produced by Automotive Lease Guide at the time of origination of the related lease with standard mileage of 15,000 miles/year and based on typically equipped and average condition of the leased vehicle or, if such estimate is unavailable, the related Contract Residual Value.

  • Automotive Lease Guide, Manufacturer’s Suggested Retail Price and Estimated Residual Values, Automotive Lease Guide, Inc., November/December, 2003.2. Black, Fisher and Myron Scholes, The Pricing of Options and Corporate Liabilities, Journal of Political Economy; Vol.

  • For purposes of this table, the “ALG Residual” for each leased vehicle is equal to the related residual value estimate produced by Automotive Lease Guide at the time of origination of the related lease with standard mileage of 15,000 miles/year and based on typically equipped and average condition of the leased vehicle or, if such estimate is unavailable, the related Contract Residual Value.

  • Automotive Lease Guide analyst Eric Lyman told the Detroit News that dealers would likely continue to offer incentives to keep cars moving.

  • If the FINANCING CONTRACT is designated as a balloon loan on page 1, for the purpose of loss settlement, the balloon loan shall be amortized to the lesser of (a) the residual value or balloon amount stated in the FINANCING CONTRACT or (b) the residual value of the PROTECTED VEHICLE as shown in the most current edition of the Automotive Lease Guide (ALG) in use on the FINANCING CONTRACT effective date or (c) 30% of the VEHICLE VALUE AT LOAN/LEASE.

  • In connection with the initial allocation of a Lease Agreement to the 2011-A Designated Pool pursuant to Section 2.2, the Servicer shall determine the ALG Residual Value with respect to such Lease Agreement as of a date that is no more than sixty (60) days prior to the Cutoff Date with respect to such Lease Agreement using the most recent Automotive Lease Guide then available.

  • AFG will honor residuals on vehicles from the previous residual period for the first six days of the new Residual Automotive Lease Guide (ALG) period if the lender or dealership can produce a hard copy of the quote from their program calculator with the previous residual information.

  • The code options for this indicator would be: (1) Black Book; (2) Automotive Lease Guide; and (98) Other.

  • They have reported good long-term outcomes using HCV+ liver grafts, finding that mean survival times in HCV+ recipient / HCV+ donor was 9.8 years compared to 10.6 years for HCV+recipient/HCV- donor.


More Definitions of Automotive Lease Guide

Automotive Lease Guide means (a) if available, the publication of such name which includes residual factors or any successor to such publication consented to by the Administrative Agent and the Required Group Agents or (b) if such publication described in clause (a) is not available, any other publication reasonably acceptable to the Borrower, the Administrative Agent and the Required Group Agents.
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Related to Automotive Lease Guide

  • Cooperative Lease With respect to a Cooperative Loan, the proprietary lease or occupancy agreement with respect to the Cooperative Apartment occupied by the Mortgagor and relating to the related Cooperative Stock, which lease or agreement confers an exclusive right to the holder of such Cooperative Stock to occupy such apartment.

  • Fixed guideway means a public transit facility that uses and occupies:

  • Motorboat means the same as that term is defined in Section 73-18-2.

  • Farm winery means an establishment (i) located on a farm in the Commonwealth with a producing

  • Data Processing Lease means any lease or licensing agreement, binding on the Failed Bank as of Bank Closing, the subject of which is data processing equipment or computer hardware or software used in connection with data processing activities. A lease or licensing agreement for computer software used in connection with data processing activities shall constitute a Data Processing Lease regardless of whether such lease or licensing agreement also covers data processing equipment.

  • Manufactured home park means any tract of land upon which three or more manufactured or mobile homes used for habitation are parked, either free of charge or for revenue purposes, and includes any roadway, building, structure, vehicle, or enclosure used or intended for use as a part of the facilities of the park. "Manufactured home park" does not include any of the following:

  • Motor vehicle manufacturer means any of the following:

  • Equipment Lease means a Contract for the lease of Equipment or for the purchase of Equipment under a conditional sales or title retention agreement.

  • Operating Lease means, as applied to any Person, any lease of any property (whether real, personal or mixed) by that Person as lessee which is not a Capital Lease.

  • Unmanned Aerial Vehicle ("UAV") (9) means any aircraft capable of initiating flight and sustaining controlled flight and navigation without any human presence on board.

  • Aviation gasoline means fuel designed for use in the operation of aircraft other than jet aircraft,

  • Consumer lease means a lease that a lessor regularly engaged in the business of leasing or selling makes to a lessee who is an individual and who takes under the lease primarily for a personal, family, or household purpose, if the total payments to be made under the lease contract, excluding payments for options to renew or buy, do not exceed $25,000.00.

  • Automobile or watercraft transporters means any tractor truck, lowboy, vehicle, or combination,

  • Modular building manufacturer means a person or corporation who owns or operates a

  • Fleet means one or more commercial vehicles.

  • Low-speed vehicle means any four-wheeled electrically-powered vehicle, except a motor vehicle or

  • Eligible Lease means, as of any date of determination, a Lease for a Property that satisfies all of the following:

  • Antique motor vehicle means every motor vehicle, as defined in this section, which was actually

  • Rental Equipment means tangible personal property sold, rented, leased, or licensed to customers to the extent that the item is actually used by the customer for rental, lease, or license to others; provided that:

  • Park model recreational vehicle means a unit that:

  • Mobile x-ray equipment means x-ray equipment mounted on a permanent base with wheels and/or casters for moving while completely assembled.

  • Tire means a continuous solid or pneumatic rubber covering encircling the wheel of a tractor or other farm machinery or of a vehicle.

  • Container means any portable device in which a material is stored, transported, treated, disposed of, or otherwise handled.

  • Cemetery merchandise means merchandise described in section 4(1)(k)(i).

  • Warehouse Agreement means an agreement to provide credit to a person to enable the person to have funds to make residential mortgage loans and hold such loans pending sale to other persons.

  • Manufactured/mobile home means either a manufactured home or a mobile home;