Residual Losses definition

Residual Losses means, for any Collection Period, an amount (which, for the avoidance of doubt, shall be a positive number in the case of residual losses and a negative number in the case of residual gains) equal to (a) the sum of all residual losses (i.e., the amount by which the Securitization Value of a Transaction Unit exceeds the Sales Proceeds for such Unit) for all Included Units that became Terminated Units during such Collection Period following the scheduled termination of the related Leases minus (b) the sum of all Excess Mileage Charges and Excess Wear and Tear Charges received by the Servicer with respect to Included Units during such Collection Period.
Residual Losses means, for any Collection Period, an amount (which, for the avoidance of doubt, shall be a positive number in the case of residual losses and a negative number in the case of residual gains) equal to (a) the Securitization Value of each Included Unit that became a Terminated Unit (other than Defaulted Units) during that Collection Period minus (b) the sum of all Sales Proceeds and Recoveries in connection with the sale or other disposition of the related Transaction Vehicle and Excess Mileage Charges and Excess Wear and Tear Charges received by the Servicer during such Closed-End EN Collection Period.
Residual Losses means, for any Collection Period, an amount (which, for the avoidance of doubt, shall be a positive number in the case of residual losses and a negative number in the case of residual gains) equal to (a) the sum of all residual losses (i.e., the amount by which the

Examples of Residual Losses in a sentence

  • Has the proponent taken all reasonable measures to restore on-site environmental loss which might be temporarily unavoidable, but which can be restored?Clarifying Residual Loss(es) 4.

  • Patients will get text messages reminding them of the appointment time in advance of the subsequent visits.

  • The Seller agrees to apply any Shared Residual Proceeds under each Shared Residual Agreement to which it is a party to Shared Residual Losses in the order incurred and not to discriminate against the Leases sold and contributed to the Transferor hereunder in making such application.

  • Note: To enable an additional reporting currency, the Residual Gains Account and Residual Losses Account must be set up for the currency.

  • From the Navigation Pane, click Financial Management > Setup > General > Currencies.2. Locate and select the entry for the DKK currency.3. Click Currency > Card.4. Click the Reporting tab.5. In the Realized G/L Gains Account field, enter 9330.6. In the Realized G/L Losses Account field, enter 9340.7. In the Residual Gains Account field, enter 9330.8. In the Residual Losses Account field, enter 9340.9. Close all windows.10.

  • The G/L accounts for posting exchange rate adjustments are as follows: • Realized G/L Gains Account: 9330• Realized G/L Losses Account: 9340• Residual Gains Account: 9330• Residual Losses Account: 9340 The Exchange Rate Adjustment assigned to the G/L posting accounts must be Adjust Additional-Currency Amount.

  • It is understood that the amount of the Shared Residual Proceeds under each Shared Residual Agreement which will be available for any such payment will depend on whether such proceeds have previously been applied in accordance with the applicable Shared Residual Agreement to Shared Residual Losses with respect to leases not sold to the Transferor.


More Definitions of Residual Losses

Residual Losses means for any Monthly Period, a positive or negative number equal to (1) the sum of the Adjusted Residual Values for all Equipment which had Returned Equipment Dispositions during such Monthly Period minus the Sales Proceeds from such Returned Equipment Dispositions minus (2) all excess wear and tear charges collected during such period.
Residual Losses means, for any Collection Period, an amount (which, for the avoidance of doubt, shall be a positive number in the case of residual losses and a negative number in the case of residual gains) equal to (a) the sum of all residual losses (i.e., the amount by which the Securitization Value of a Transaction Unit exceeds the Sales Proceeds for such Unit) for all Included Units that became Terminated Units during such Collection Period following the
Residual Losses means for any Monthly Period, a positive or negative number equal to (1) the sum of the Adjusted Residual Values for all Equipment which had Returned Equipment Dispositions during such Monthly Period minus the Sales Proceeds from such Returned Equipment Dispositions minus (2) all excess wear and tear charges collected during such period.

Related to Residual Losses

  • Electrical Losses means all electrical losses associated with the transmission of Product to the Delivery Point, including if applicable, but not limited to, any transmission or transformation losses between the CAISO revenue meter and the Delivery Point.

  • Loss or Losses means all losses, damages, liabilities, deficiencies, claims, actions, judgments, settlements, interest, awards, penalties, fines, costs or expenses of whatever kind, including reasonable attorneys' fees and the costs of enforcing any right to indemnification hereunder and the cost of pursuing any insurance providers.

  • Net Losses means, for each fiscal year or other period, an amount equal to the Partnership's taxable income or loss for such year or period determined in accordance with Code Section 703(a) (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Code Section 703(a)(1) shall be included in taxable income or loss), with the following adjustments: