Residual Value Date definition

Residual Value Date means the date on which the Original Period or the Extension Period, both as defined in the applicable TCP, as may be applicable, terminates.
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Related to Residual Value Date

  • Residual Value means, in respect of every Board Lot, an amount calculated by the Issuer in accordance with the following formula (and, if appropriate, either (I) converted (if applicable) into the Settlement Currency at the Exchange Rate or, as the case may be, (II) converted into the Interim Currency at the First Exchange Rate and then (if applicable) converted into Settlement Currency at the Second Exchange Rate):

  • ALG Residual Value means the residual value of the vehicle set forth as the ALG Residual Value in the lease schedule attached as Exhibit A hereto, which shall be the lesser of (i) the ALG residual values of the 2016-1 Vehicles at the scheduled termination of the related 2016-1 Leases at the time the related 2016-1 Lease was signed and (ii) the ALG residual values of the 2016-1 Vehicles at the scheduled termination of the related 2016-1 Leases provided by ALG in November 2015.

  • Base Residual Value means, for a Lease, the lower of (a) the Contract Residual Value of the Lease and (b)(i) the ALG Residual Value of the related Leased Vehicle or (ii) if the Servicer does not have an ALG Residual Value, the oldest ALG MTM Residual Value that the Servicer has for the related Leased Vehicle.

  • Value Date means a reference time used by a payment service provider for the calculation of interest on the funds debited from or credited to a payment account;

  • Fair Market Value Excess With respect to each Mortgage Loan to be purchased pursuant to Section 10.01(a), the excess, if any, of the Fair Market Value Call Price for such Mortgage Loan, over the Par Call Price for such Mortgage Loan. Any Fair Market Value Excess will not become part of the related Group Available Funds, but shall instead be distributed directly to the Holders of the Class A-LR Certificates pursuant to Section 4.02(g).