Lease Receivables definition

Lease Receivables. With respect to any Lease Contract, all of, and the right to receive all of (a) the Scheduled Payments, (b) any prepayments made with respect of such Lease Contract, (c) any Guaranty Amounts, (d) any Insurance Proceeds, (e) any Residual Proceeds, (f) any Overdue Payments, and (g) any Recoveries.

Lease Receivables shall have the meaning set forth in Section 1.5(a).

Lease Receivables means the present and future lease rentals /rent / fees/ compensation, by which ever name called due to the Borrower under the Lease Agreement entered into between the Borrower and the Lessee.

Examples of Lease Receivables in a sentence

• If a Lease Contract does not comply with the relevant form and information requirements, the Lease Contract would generally be ineffective with the consequence that the Lessee could refuse to perform the Lessee's obligations, including the obligation to pay the Lease Receivables.

• If a Lessee defaults with respect to the Lessee's payment obligations under a Lease Contract, there are special requirements for an acceleration of the Purchased Lease Receivables of such Lease Contract, including, inter alia, that the Seller must grant a grace period of two weeks following notification to the Lessee of its intention to accelerate the contract.

• VWL warrants and guarantees that the Purchased Lease Receivables are originated in the ordinary course of the business of VWL pursuant to lease granting standards which also apply to leases which will not be securitised.

• In particular, VWL warrants and guarantees that it has in place (i) effective systems to apply its standard lease criteria for granting the Purchased Lease Receivables and (ii) processes for approving and, where relevant, amending, renewing and re-financing the Purchased Lease Receivables, in order to ensure that granting of the Purchased Lease Receivables is based on a thorough assessment of each Lessee's creditworthiness.

• The insolvency administrator is obliged to transfer the proceeds from such realisation of the Purchased Lease Receivables to the Issuer.

More Definitions of Lease Receivables

Lease Receivables means "net investment in operating leases" as stated on or reflected in GMAC's consolidated financial statements.

Lease Receivables means only any regular rent or lease payments due under any now existing or owned and hereafter arising or acquired Leases, and expressly excludes any sales or use tax, supplemental rent payments, additional rent payments, rental advances, security deposits, purchase option payments, renewal payments, early termination payments, residual payments, casualty payments, termination payments, stipulated loss payments, insurance payments or any other payments, proceeds or amounts of any kind whatsoever due under or in connection with any Leases, and all proceeds of the foregoing, including, without limitation, insurance proceeds.

Lease Receivables means any present or future rights and claims (vorderingen op naam) under the relevant Lease Agreement, including any Lease Instalment, any related fees and expenses due and payable to the Lessor under the terms of the Lease Agreement and any accessory rights (afhankelijke rechten), ancillary rights (nevenrechten), connected rights (kwalitatieve rechten) and any other rights relating thereto.

Lease Receivables. The term "Lease Receivables" shall include Servicing Charges.

Lease Receivables shall include Servicing Charges.

Lease Receivables the remaining lease rent under the Finance Lease Agreement “Lessee” a state-owned enterprise located in Hubei Province, the PRC

Lease Receivables means all payments under the Operative Documents in respect of (i) the Purchaser Basic Rent, (ii) the Maximum Recourse Amount, (iii) the Purchaser Balance and (iv) any purchase by the Lessee of the Properly up to the amount of the Capital then outstanding.