Residual means, with respect to any Lease, any right of the lessor or its assigns, as owner of the underlying Equipment, to realize value from the related Equipment after termination of the Lease, including the right of the owner of the Equipment to receive any proceeds from the sale, re-lease, continued use or other disposition of the Equipment after the termination of the Lease.
Residual means, with respect to any True Lease, any interest of the lessor or its assigns, as owner of underlying Contract Collateral, in the value of the related Contract Collateral after termination of such True Lease, including the proceeds from the sale or use of the Contract Collateral after the termination of such True Lease.
Residual means any liquid or solid material containing VOC that is removed from a wastewater stream by a waste management unit or treatment process that does not destroy organic compounds (nondestructive unit). Examples of residuals from nondestructive wastewater management units are: the organic layer and bottom residue removed by a decanter or organic-water separator and the overheads from a steam stripper or air stripper. Examples of materials which are not residuals are: silt; mud; leaves; bottoms from a steam stripper or air stripper; and sludges, ash, or other materials removed from wastewater being treated by destructive devices such as biological treatment units and incinerators.
Examples of Residual in a sentence
Residual values, useful lives and the depreciation method are reviewed, and adjusted if appropriate, at least at each financial year end.
Residual asphalt binder in the RAP/FRAP/RAS material as a percent of the total mix to the nearest 0.1 percent.The printouts shall be maintained in a file at the plant for a minimum of one year or as directed by the Engineer and shall be made available upon request.
Residual asphalt binder in the RAP/FRAP material as a percent of the total mix to the nearest 0.1 percent.
Upon termination of the Trust and payment of the Certificates and of all administrative expenses associated with the Trust, any remaining assets of the Trust shall be distributed to the holders of the Residual Certificates.
The Residual Securities will be issued in fully registered, certificated form.
More Definitions of Residual
Residual means the following:
Residual means contaminant material, separated from Recyclable Materials or Green Waste that cannot be recycled, composted, marketed or otherwise utilized, and must be disposed of as Solid Waste, hazardous waste, or medical waste.
Residual means, with respect to any item of Portfolio Property, its estimated value upon expiration of the Financing Contract to which it is subject, as determined by the applicable member of the Seller Group, established on its books and records at the inception of such Financing Contract and referred to by the Seller Group on such books and records as "NBV at Term."
Residual the principal portion. A strip bond package is a security comprised of two or more strip components. Strip bond packages can be created to provide holders with a regular income stream, similar to an annuity, and with or without a lump sum payment at maturity.3 By laddering strips with staggered maturities or other payment characteristics, holders can strategically manage their cash flow to meet their future obligations and specific needs.
Residual means any liquid or solid material containing VOC that is removed from a wastewater stream by a waste management unit or treatment process that does not destroy organic compounds (nondestructive unit). Examples of residuals from nondestructive wastewater management units are: the organic
Residual means the difference, expressed as a percent, between the theoretical concentration of a calibration standard and the value derived from the calibration function from the measured response of the calibration standard.
Residual means leftover materials from processing CEPs, components, parts and materials. Residuals cannot be used for their original function or cannot be recycled and are sent by a processor to a disposal facility.