{"component": "definition", "props": {"groups": [{"snippet_links": [{"key": "any-lease", "type": "definition", "offset": [11, 20]}, {"key": "sum-of", "type": "clause", "offset": [101, 107]}, {"key": "the-future", "type": "clause", "offset": [112, 122]}, {"key": "scheduled-payments", "type": "definition", "offset": [123, 141]}, {"key": "the-applicable", "type": "clause", "offset": [178, 192]}, {"key": "implicit-rate-of-return", "type": "definition", "offset": [193, 216]}, {"key": "past-due", "type": "definition", "offset": [232, 240]}, {"key": "the-servicer", "type": "clause", "offset": [287, 299]}, {"key": "present-value", "type": "definition", "offset": [326, 339]}, {"key": "book-residual-value", "type": "definition", "offset": [347, 366]}, {"key": "in-the-case", "type": "clause", "offset": [371, 382]}, {"key": "trac-lease", "type": "definition", "offset": [388, 398]}, {"key": "guaranteed-payment", "type": "clause", "offset": [400, 418]}, {"key": "defaulted-receivables", "type": "definition", "offset": [483, 504]}, {"key": "equal-to", "type": "definition", "offset": [559, 567]}, {"key": "at-the-time", "type": "definition", "offset": [596, 607]}, {"key": "in-accordance-with", "type": "definition", "offset": [686, 704]}, {"key": "credit-and-collection-policy", "type": "definition", "offset": [709, 737]}], "snippet": "means, for any Lease that is not a Defaulted Receivable on any day (including the Cut-off Date), the sum of (i) the future Scheduled Payments on such Lease discounted monthly at the applicable Implicit Rate of Return, plus (ii) any past due Scheduled Payments on such Lease reflected on the Servicer\u2019s records, plus (iii) the present value of the Book Residual Value (or in the case of a TRAC Lease, Guaranteed Payment), discounted monthly at the applicable Implicit Rate of Return. Defaulted Receivables that are Leases shall be deemed to have a Lease Value equal to the outstanding Lease Value at the time it became a Defaulted Receivable less the amount written-off as uncollectible in accordance with the Credit and Collection Policy.", "samples": [{"hash": "6tllXpwUsuP", "uri": "/contracts/6tllXpwUsuP#lease-value", "label": "Receivables Sale Agreement (GE TF Trust)", "score": 26.1718006134, "published": true}, {"hash": "jbmui1K5ri6", "uri": "/contracts/jbmui1K5ri6#lease-value", "label": "Receivables Sale Agreement (GE TF Trust)", "score": 26.1526355743, "published": true}, {"hash": "ldQPR8hS1Ps", "uri": "/contracts/ldQPR8hS1Ps#lease-value", "label": "Receivables Sale Agreement (GE Equipment Transportation LLC, Series 2014-1)", "score": 25.4626960754, "published": true}], "size": 20, "hash": "3a08972ef016f86d4a699b40ba55ffd8", "id": 1}, {"snippet_links": [{"key": "the-indenture", "type": "clause", "offset": [14, 27]}], "snippet": "is defined in the Indenture.", "samples": [{"hash": "914p8scagcw", "uri": "/contracts/914p8scagcw#lease-value", "label": "Servicing Agreement (GE TF Trust)", "score": 24.1718006134, "published": true}, {"hash": "hgmX6VNOwvu", "uri": "/contracts/hgmX6VNOwvu#lease-value", "label": "Servicing Agreement (GE TF Trust)", "score": 24.1526355743, "published": true}, {"hash": "kiy0TNyrKwy", "uri": "/contracts/kiy0TNyrKwy#lease-value", "label": "Servicing Agreement (GE Equipment Midticket LLC, Series 2012-1)", "score": 23.7488021851, "published": true}], "size": 18, "hash": "59e9d580483bca67cf6a3e7814085477", "id": 2}, {"snippet_links": [{"key": "any-lease", "type": "definition", "offset": [11, 20]}, {"key": "sum-of", "type": "clause", "offset": [101, 107]}, {"key": "the-future", "type": "clause", "offset": [112, 122]}, {"key": "scheduled-payments", "type": "definition", "offset": [123, 141]}, {"key": "in-the-case", "type": "clause", "offset": [164, 175]}, {"key": "payment-stream", "type": "definition", "offset": [185, 199]}, {"key": "the-base-rent", "type": "clause", "offset": [227, 240]}, {"key": "the-applicable", "type": "clause", "offset": [274, 288]}, {"key": "implicit-rate-of-return", "type": "definition", "offset": [289, 312]}, {"key": "past-due", "type": "definition", "offset": [328, 336]}, {"key": "the-servicer", "type": "clause", "offset": [479, 491]}, {"key": "present-value", "type": "definition", "offset": [518, 531]}, {"key": "book-residual-value", "type": "definition", "offset": [539, 558]}, {"key": "trac-lease", "type": "definition", "offset": [580, 590]}, {"key": "guaranteed-payment", "type": "clause", "offset": [592, 610]}, {"key": "defaulted-receivables", "type": "definition", "offset": [675, 696]}, {"key": "equal-to", "type": "definition", "offset": [751, 759]}, {"key": "at-the-time", "type": "definition", "offset": [788, 799]}, {"key": "in-accordance-with", "type": "definition", "offset": [878, 896]}, {"key": "credit-and-collection-policy", "type": "definition", "offset": [901, 929]}], "snippet": "means, for any Lease that is not a Defaulted Receivable on any day (including the Cut-off Date), the sum of (i) the future Scheduled Payments on such Lease (which, in the case of Split-Payment Stream Receivables, includes only the base rent component) discounted monthly at the applicable Implicit Rate of Return, plus (ii) any past due Scheduled Payments on such Lease (which, in the case of Split-Payment Stream Receivables, includes only the base rent component) reflected on the Servicer\u2019s records, plus (iii) the present value of the Book Residual Value (or in the case of a TRAC Lease, Guaranteed Payment), discounted monthly at the applicable Implicit Rate of Return. Defaulted Receivables that are Leases shall be deemed to have a Lease Value equal to the outstanding Lease Value at the time it became a Defaulted Receivable less the amount written-off as uncollectible in accordance with the Credit and Collection Policy.", "samples": [{"hash": "2leLQONrwY2", "uri": "/contracts/2leLQONrwY2#lease-value", "label": "Receivables Sale Agreement (GE Equipment Midticket LLC, Series 2013-1)", "score": 24.7316913605, "published": true}, {"hash": "afVr7xPoubY", "uri": "/contracts/afVr7xPoubY#lease-value", "label": "Receivables Sale Agreement (GE Equipment Midticket LLC, Series 2013-1)", "score": 24.7152633667, "published": true}, {"hash": "kU9UPneX6IZ", "uri": "/contracts/kU9UPneX6IZ#lease-value", "label": "Limited Removal and Clean Up Call Agreement (GE TF Trust)", "score": 23.7118415833, "published": true}], "size": 12, "hash": "e3a48df8ba3c0bbe7fc8e6af19753b40", "id": 3}, {"snippet_links": [{"key": "any-lease", "type": "definition", "offset": [11, 20]}, {"key": "sum-of", "type": "clause", "offset": [101, 107]}, {"key": "the-future", "type": "clause", "offset": [112, 122]}, {"key": "scheduled-payments", "type": "definition", "offset": [123, 141]}, {"key": "the-applicable", "type": "clause", "offset": [178, 192]}, {"key": "implicit-rate-of-return", "type": "definition", "offset": [193, 216]}, {"key": "past-due", "type": "definition", "offset": [232, 240]}, {"key": "the-servicer", "type": "clause", "offset": [287, 299]}, {"key": "present-value", "type": "definition", "offset": [326, 339]}, {"key": "guaranteed-payment", "type": "clause", "offset": [347, 365]}, {"key": "defaulted-receivables", "type": "definition", "offset": [429, 450]}, {"key": "equal-to", "type": "definition", "offset": [505, 513]}, {"key": "at-the-time", "type": "definition", "offset": [542, 553]}, {"key": "in-accordance-with", "type": "definition", "offset": [632, 650]}, {"key": "credit-and-collection-policy", "type": "definition", "offset": [655, 683]}], "snippet": "means, for any Lease that is not a Defaulted Receivable on any day (including the Cut-off Date), the sum of (i) the future Scheduled Payments on such Lease discounted monthly at the applicable Implicit Rate of Return, plus (ii) any past due Scheduled Payments on such Lease reflected on the Servicer\u2019s records, plus (iii) the present value of the Guaranteed Payment, discounted monthly at the applicable Implicit Rate of Return. Defaulted Receivables that are Leases shall be deemed to have a Lease Value equal to the outstanding Lease Value at the time it became a Defaulted Receivable less the amount written-off as uncollectible in accordance with the Credit and Collection Policy.", "samples": [{"hash": "kaHp5ozXiRx", "uri": "/contracts/kaHp5ozXiRx#lease-value", "label": "Receivables Sale Agreement (GE Equipment Transportation LLC, Series 2013-2)", "score": 24.8302536011, "published": true}, {"hash": "fDnFfuY1S4j", "uri": "/contracts/fDnFfuY1S4j#lease-value", "label": "Receivables Purchase and Sale Agreement (GE Equipment Transportation LLC, Series 2013-2)", "score": 24.8302536011, "published": true}, {"hash": "aMbeBYCZk9c", "uri": "/contracts/aMbeBYCZk9c#lease-value", "label": "Receivables Purchase and Sale Agreement (GE Equipment Transportation LLC, Series 2013-2)", "score": 24.8220405579, "published": true}], "size": 10, "hash": "89510a5509b792b8a9afc7bb65f2795b", "id": 4}, {"snippet_links": [{"key": "any-lease", "type": "definition", "offset": [11, 20]}, {"key": "sum-of", "type": "clause", "offset": [101, 107]}, {"key": "the-future", "type": "clause", "offset": [112, 122]}, {"key": "scheduled-payments", "type": "definition", "offset": [123, 141]}, {"key": "in-the-case", "type": "clause", "offset": [164, 175]}, {"key": "payment-stream", "type": "definition", "offset": [185, 199]}, {"key": "the-base-rent", "type": "clause", "offset": [227, 240]}, {"key": "the-individual", "type": "clause", "offset": [274, 288]}, {"key": "return-of", "type": "clause", "offset": [297, 306]}, {"key": "applicable-seller", "type": "definition", "offset": [339, 356]}, {"key": "past-due", "type": "definition", "offset": [372, 380]}, {"key": "the-servicer", "type": "clause", "offset": [522, 534]}, {"key": "present-value", "type": "definition", "offset": [561, 574]}, {"key": "book-residual-value", "type": "definition", "offset": [582, 601]}, {"key": "implicit-rate-of-return", "type": "definition", "offset": [629, 652]}, {"key": "related-lease", "type": "definition", "offset": [671, 684]}, {"key": "defaulted-receivables", "type": "definition", "offset": [726, 747]}, {"key": "equal-to", "type": "definition", "offset": [802, 810]}, {"key": "at-the-time", "type": "definition", "offset": [839, 850]}, {"key": "in-accordance-with", "type": "definition", "offset": [929, 947]}, {"key": "credit-and-collection-policy", "type": "definition", "offset": [952, 980]}], "snippet": "means, for any Lease that is not a Defaulted Receivable on any day (including the Cut-off Date), the sum of (i) the future Scheduled Payments on such lease (which, in the case of Split-Payment Stream Receivables, includes only the base rent component) discounted monthly at the individual rate of return of such Lease as determined by the applicable Seller, plus (ii) any past due Scheduled Payments on such lease (which, in the case of Split-Payment Stream Receivables, include only the base rent component) reflected on the Servicer\u2019s records, plus (iii) the present value of the Book Residual Value, discounted monthly at the implicit rate of return of the individual related Lease, as determined by the applicable Seller. Defaulted Receivables that are Leases shall be deemed to have a Lease Value equal to the outstanding Lease Value at the time it became a Defaulted Receivable less the amount written-off as uncollectible in accordance with the Credit and Collection Policy.", "samples": [{"hash": "ezKlq50y96d", "uri": "/contracts/ezKlq50y96d#lease-value", "label": "Indenture (GE Equipment Midticket LLC, Series 2012-1)", "score": 21.7488021851, "published": true}, {"hash": "6l37nGuQUe7", "uri": "/contracts/6l37nGuQUe7#lease-value", "label": "Receivables Sale Agreement (GE Equipment Midticket LLC, Series 2012-1)", "score": 21.7488021851, "published": true}, {"hash": "gHd9Q5o426p", "uri": "/contracts/gHd9Q5o426p#lease-value", "label": "Indenture (GE Equipment Midticket LLC, Series 2012-1)", "score": 21.7186851501, "published": true}], "size": 6, "hash": "b4dd6736d6eeec464d8d3b2ccd0a7f1f", "id": 5}, {"snippet_links": [{"key": "any-lease", "type": "definition", "offset": [11, 20]}, {"key": "sum-of", "type": "clause", "offset": [101, 107]}, {"key": "the-future", "type": "clause", "offset": [112, 122]}, {"key": "scheduled-payments", "type": "definition", "offset": [123, 141]}, {"key": "the-individual", "type": "clause", "offset": [164, 178]}, {"key": "return-of", "type": "clause", "offset": [187, 196]}, {"key": "applicable-seller", "type": "definition", "offset": [229, 246]}, {"key": "past-due", "type": "definition", "offset": [262, 270]}, {"key": "the-servicer", "type": "clause", "offset": [303, 315]}, {"key": "present-value", "type": "definition", "offset": [342, 355]}, {"key": "book-residual-value", "type": "definition", "offset": [363, 382]}, {"key": "implicit-rate-of-return", "type": "definition", "offset": [410, 433]}, {"key": "related-lease", "type": "definition", "offset": [452, 465]}, {"key": "defaulted-receivables", "type": "definition", "offset": [507, 528]}, {"key": "equal-to", "type": "definition", "offset": [583, 591]}, {"key": "at-the-time", "type": "definition", "offset": [620, 631]}, {"key": "written-off", "type": "definition", "offset": [681, 692]}, {"key": "in-accordance-with", "type": "definition", "offset": [710, 728]}, {"key": "credit-and-collection-policy", "type": "definition", "offset": [733, 761]}], "snippet": "means, for any Lease that is not a Defaulted Receivable on any day (including the Cut-off Date), the sum of (i) the future Scheduled Payments discounted monthly at the individual rate of return of such Lease as determined by the applicable Seller, plus (ii) any past due Scheduled Payments reflected on the Servicer\u2019s records, plus (iii) the present value of the Book Residual Value, discounted monthly at the implicit rate of return of the individual related Lease, as determined by the applicable Seller. Defaulted Receivables that are Leases shall be deemed to have a Lease Value equal to the outstanding Lease Value at the time it became a Defaulted Receivable less the amount written off as uncollectible in accordance with the Credit and Collection Policy.]", "samples": [{"hash": "5Rt7TsL4x6Q", "uri": "/contracts/5Rt7TsL4x6Q#lease-value", "label": "Indenture (Cef Equipment Holding LLC)", "score": 21.332649231, "published": true}, {"hash": "83SYWPrpAFT", "uri": "https://www.sec.gov/Archives/edgar/data/1562532/000114420412068602/v778646_ex4a.htm", "label": "Indenture (GECB Equipment Funding, LLC)", "score": 9.965092659, "published": false}], "size": 3, "hash": "443dbe60f8252152e5bedfcff7da5854", "id": 6}, {"snippet_links": [{"key": "any-lease", "type": "definition", "offset": [11, 20]}, {"key": "sum-of", "type": "clause", "offset": [128, 134]}, {"key": "the-future", "type": "clause", "offset": [139, 149]}, {"key": "scheduled-payments", "type": "definition", "offset": [150, 168]}, {"key": "the-individual", "type": "clause", "offset": [191, 205]}, {"key": "return-of", "type": "clause", "offset": [214, 223]}, {"key": "the-applicable", "type": "clause", "offset": [252, 266]}, {"key": "past-due-payments", "type": "clause", "offset": [309, 326]}, {"key": "present-value", "type": "definition", "offset": [366, 379]}, {"key": "book-residual-value", "type": "definition", "offset": [387, 406]}, {"key": "implicit-rate-of-return", "type": "definition", "offset": [434, 457]}, {"key": "related-lease", "type": "definition", "offset": [476, 489]}, {"key": "applicable-seller", "type": "definition", "offset": [512, 529]}, {"key": "liquidated-receivables", "type": "definition", "offset": [531, 553]}, {"key": "defaulted-receivables", "type": "definition", "offset": [620, 641]}, {"key": "equal-to", "type": "definition", "offset": [696, 704]}, {"key": "at-the-time", "type": "definition", "offset": [733, 744]}, {"key": "in-accordance-with", "type": "definition", "offset": [823, 841]}, {"key": "credit-and-collection-policy", "type": "definition", "offset": [846, 874]}], "snippet": "means, for any Lease that is not a Liquidated Receivable or a Defaulted Receivable on any day (including the Cut-off Date), the sum of (i) the future Scheduled Payments discounted monthly at the individual rate of return of such Lease as determined by the applicable originators, plus (ii) the portion of any past due payments allocable to principal, plus (iii) the present value of the Book Residual Value, discounted monthly at the implicit rate of return of the individual related Lease, as determined by the applicable Seller. Liquidated Receivables that are Leases shall be deemed to have a Lease Value of zero and Defaulted Receivables that are Leases shall be deemed to have a Lease Value equal to the outstanding Lease Value at the time it became a Defaulted Receivable less the amount written-off as uncollectible in accordance with the Credit and Collection Policy.]", "samples": [{"hash": "2xACaoOYyx9", "uri": "/contracts/2xACaoOYyx9#lease-value", "label": "Servicing Agreement (Cef Equipment Holding LLC)", "score": 22.667350769, "published": true}], "size": 3, "hash": "2e574ad170af8a68d044aaaa499a5839", "id": 7}, {"snippet_links": [{"key": "any-lease", "type": "definition", "offset": [11, 20]}, {"key": "sum-of", "type": "clause", "offset": [101, 107]}, {"key": "the-future", "type": "clause", "offset": [112, 122]}, {"key": "scheduled-payments", "type": "definition", "offset": [123, 141]}, {"key": "the-individual", "type": "clause", "offset": [164, 178]}, {"key": "return-of", "type": "clause", "offset": [187, 196]}, {"key": "applicable-seller", "type": "definition", "offset": [229, 246]}, {"key": "past-due", "type": "definition", "offset": [262, 270]}, {"key": "the-servicer", "type": "clause", "offset": [303, 315]}, {"key": "present-value", "type": "definition", "offset": [342, 355]}, {"key": "book-residual-value", "type": "definition", "offset": [363, 382]}, {"key": "implicit-rate-of-return", "type": "definition", "offset": [410, 433]}, {"key": "related-lease", "type": "definition", "offset": [452, 465]}, {"key": "in-the-case", "type": "clause", "offset": [511, 522]}, {"key": "subi-seller", "type": "definition", "offset": [530, 541]}, {"key": "the-titling-trust", "type": "clause", "offset": [543, 560]}, {"key": "defaulted-receivables", "type": "definition", "offset": [563, 584]}, {"key": "equal-to", "type": "definition", "offset": [639, 647]}, {"key": "at-the-time", "type": "definition", "offset": [676, 687]}, {"key": "in-accordance-with", "type": "definition", "offset": [766, 784]}, {"key": "credit-and-collection-policy", "type": "definition", "offset": [789, 817]}], "snippet": "means, for any Lease that is not a Defaulted Receivable on any day (including the Cut-off Date), the sum of (i) the future Scheduled Payments discounted monthly at the individual rate of return of such Lease as determined by the applicable Seller, plus (ii) any past due Scheduled Payments reflected on the Servicer\u2019s records, plus (iii) the present value of the Book Residual Value, discounted monthly at the implicit rate of return of the individual related Lease, as determined by the applicable Seller [or, in the case of the SUBI Seller, the Titling Trust]. Defaulted Receivables that are Leases shall be deemed to have a Lease Value equal to the outstanding Lease Value at the time it became a Defaulted Receivable less the amount written-off as uncollectible in accordance with the Credit and Collection Policy.]", "samples": [{"hash": "hhkG1XLRWYS", "uri": "/contracts/hhkG1XLRWYS#lease-value", "label": "Receivables Sale Agreement (GECB Equipment Funding, LLC)", "score": 21.9650917053, "published": true}, {"hash": "8QApEjX4ilC", "uri": "/contracts/8QApEjX4ilC#lease-value", "label": "Receivables Sale Agreement (Cef Equipment Holding LLC)", "score": 21.332649231, "published": true}], "size": 2, "hash": "e77d5de277130bc6ae3db1816dbecaa3", "id": 8}, {"snippet_links": [{"key": "any-lease", "type": "definition", "offset": [11, 20]}, {"key": "sum-of", "type": "clause", "offset": [101, 107]}, {"key": "the-future", "type": "clause", "offset": [112, 122]}, {"key": "scheduled-payments", "type": "definition", "offset": [123, 141]}, {"key": "the-individual", "type": "clause", "offset": [164, 178]}, {"key": "return-of", "type": "clause", "offset": [187, 196]}, {"key": "the-applicable", "type": "clause", "offset": [225, 239]}, {"key": "original-seller", "type": "definition", "offset": [240, 255]}, {"key": "past-due", "type": "definition", "offset": [271, 279]}, {"key": "the-servicer", "type": "clause", "offset": [312, 324]}, {"key": "present-value", "type": "definition", "offset": [351, 364]}, {"key": "book-residual-value", "type": "definition", "offset": [372, 391]}, {"key": "implicit-rate-of-return", "type": "definition", "offset": [419, 442]}, {"key": "related-lease", "type": "definition", "offset": [461, 474]}, {"key": "in-the-case", "type": "clause", "offset": [529, 540]}, {"key": "original-subi-seller", "type": "definition", "offset": [548, 568]}, {"key": "the-titling-trust", "type": "clause", "offset": [570, 587]}, {"key": "defaulted-receivables", "type": "definition", "offset": [590, 611]}, {"key": "equal-to", "type": "definition", "offset": [666, 674]}, {"key": "at-the-time", "type": "definition", "offset": [703, 714]}, {"key": "in-accordance-with", "type": "definition", "offset": [793, 811]}, {"key": "credit-and-collection-policy", "type": "definition", "offset": [816, 844]}], "snippet": "means, for any Lease that is not a Defaulted Receivable on any day (including the Cut-off Date), the sum of (i) the future Scheduled Payments discounted monthly at the individual rate of return of such Lease as determined by the applicable Original Seller, plus (ii) any past due Scheduled Payments reflected on the Servicer\u2019s records, plus (iii) the present value of the Book Residual Value, discounted monthly at the implicit rate of return of the individual related Lease, as determined by the applicable Original Seller [or, in the case of the Original SUBI Seller, the Titling Trust]. Defaulted Receivables that are Leases shall be deemed to have a Lease Value equal to the outstanding Lease Value at the time it became a Defaulted Receivable less the amount written-off as uncollectible in accordance with the Credit and Collection Policy.]", "samples": [{"hash": "1EEGlG3vGGo", "uri": "/contracts/1EEGlG3vGGo#lease-value", "label": "Receivables Purchase and Sale Agreement (GECB Equipment Funding, LLC)", "score": 23.9650917053, "published": true}, {"hash": "dS3PBugQsfm", "uri": "/contracts/dS3PBugQsfm#lease-value", "label": "Receivables Purchase and Sale Agreement (Cef Equipment Holding LLC)", "score": 23.332649231, "published": true}], "size": 2, "hash": "5258a762d869b5738e8c90729a56079a", "id": 9}, {"snippet_links": [{"key": "sum-of", "type": "clause", "offset": [27, 33]}, {"key": "the-excess", "type": "clause", "offset": [76, 86]}, {"key": "encumbered-lease", "type": "definition", "offset": [110, 126]}, {"key": "in-respect-of", "type": "clause", "offset": [173, 186]}, {"key": "calculation-of", "type": "definition", "offset": [261, 275]}, {"key": "residual-proceeds", "type": "clause", "offset": [317, 334]}, {"key": "for-purposes-of", "type": "clause", "offset": [343, 358]}, {"key": "of-lease", "type": "clause", "offset": [402, 410]}, {"key": "consist-of", "type": "clause", "offset": [421, 431]}, {"key": "pursuant-to-clause", "type": "clause", "offset": [466, 484]}, {"key": "owned-by", "type": "definition", "offset": [582, 590]}, {"key": "consolidated-businesses", "type": "definition", "offset": [595, 618]}, {"key": "to-the-extent", "type": "clause", "offset": [629, 642]}, {"key": "the-value", "type": "clause", "offset": [648, 657]}, {"key": "in-clause", "type": "clause", "offset": [686, 695]}, {"key": "under-clause", "type": "clause", "offset": [936, 948]}, {"key": "eligible-leases", "type": "definition", "offset": [1086, 1101]}, {"key": "triple-net-leases", "type": "clause", "offset": [1113, 1130]}], "snippet": "means, as of any date, the sum of (i) 75% of Unencumbered Lease Value; (ii) the excess, if any, of (A) 75% of Encumbered Lease Value over (B) the amount of all Indebtedness in respect of Properties for which the corresponding Eligible Lease was included in the calculation of Encumbered Lease Value; and (iii) 50% of Residual Proceeds. Solely for purposes of calculating Lease Value, not more than 15% of Lease Value may consist of the sum of (x) amounts calculated pursuant to clause (ii) above; (y) the sum of (1) Encumbered Lease Value attributable to Projects that are not 100% owned by the Consolidated Businesses (but only to the extent that the value of such Project is included in clause (ii) above) and (2) Unencumbered Lease Value attributable to Projects that are not 100% owned by the Consolidated Businesses (but only to the extent that the value of such Project is included in clause (i) above) and (z) the amount derived under clause (iii) above. Solely for purposes of calculating Lease Value, not more than 10% of Lease Value may consist of Lease Value attributable to Eligible Leases other than Triple Net Leases.", "samples": [{"hash": "2JDouQwvs0G", "uri": "/contracts/2JDouQwvs0G#lease-value", "label": "Credit Agreement (Carey W P & Co LLC)", "score": 18.0, "published": true}], "size": 2, "hash": "9f5f9c8490dfa85026ec3ae899feb5dc", "id": 10}], "next_curs": "ClgSUmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjQLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIUbGVhc2UtdmFsdWUjMDAwMDAwMGEMogECZW4YACAA", "definition": {"snippet": "means, for any Lease that is not a Defaulted Receivable on any day (including the Cut-off Date), the sum of (i) the future Scheduled Payments on such Lease discounted monthly at the applicable Implicit Rate of Return, plus (ii) any past due Scheduled Payments on such Lease reflected on the Servicer\u2019s records, plus (iii) the present value of the Book Residual Value (or in the case of a TRAC Lease, Guaranteed Payment), discounted monthly at the applicable Implicit Rate of Return. Defaulted Receivables that are Leases shall be deemed to have a Lease Value equal to the outstanding Lease Value at the time it became a Defaulted Receivable less the amount written-off as uncollectible in accordance with the Credit and Collection Policy.", "title": "Lease Value", "size": 86, "id": "lease-value", "examples": ["Solely for illustrative purposes, in respect of a hypothetical Purchase Order terminated by Boosteroid pursuant to this Section 5.8 on the fourth (4th) year anniversary of the Purchase Order Date, if the aggregate Purchase Price was $100 and the <strong>Lease Value</strong> was $120, then the Early Termination Payment owed to Bit Digital for such early termination would be: $23.20, calculated as 0.2 * $100 + 0.8 * $4."], "related": [["loan-value", "Loan Value", "Loan Value"], ["base-value", "Base Value", "Base Value"], ["appraised-value", "Appraised Value", "Appraised Value"], ["property-value", "Property Value", "Property Value"], ["worst-value", "Worst Value", "Worst Value"]], "related_snippets": [], "updated": "2026-01-31T04:25:49+00:00"}, "json": true, "cursor": ""}}