DPD Statistic definition

DPD Statistic means, for each Lease Agreement, the sum of: (i) with respect to monthly Lease Instalments, the product of: (a) thirty (30); and (b) the amount by which the Lessee is in arrears under the Lease Agreement, divided by the monthly Lease Instalment; and (ii) with respect to a Final Lease Instalment, the positive difference between the due date of such Final Lease Instalment and the Cut-Off Date.