Examples of Lease Asset in a sentence
The Servicer shall then release its claim for reimbursement of the portion of any Outstanding Advances made with respect to such Administrative Lease Asset.
Upon repurchase and payment of such Warranty Payment with respect to any Warranty Lease Asset, the Seller shall be entitled to receive the Released Warranty Amount, if any.
Thus, the Fund will not benefit from any lease rental received from the Lease Asset after the reclassification of the Lease Asset.
The portion of each payment under a Lease Asset that is allocable to fees and sales, use or other taxes or similar payments due under such Lease.
If the Servicer, during a Monthly Period, assigns to a Lease Asset an account number that differs from the account number previously identifying such Lease Asset on the Lease Assets Schedule, the Servicer shall amend the Lease Assets Schedule by the related Distribution Date to report the newly assigned account number.