Stated Residual Value definition

Stated Residual Value means, for any Unit, the stated residual value of the related Vehicle established at the time of origination of the related Lease or as subsequently revised in connection with an extension of a Lease in accordance with Customary Servicing Practices.
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Stated Residual Value. With respect to a Lease Asset, the residual value of the related Leased Vehicle as set forth in the related Lease and established at the time of lease origination. Statutory Trust Act: Chapter 38 of Title 12 of the Delaware Code, 12 Del. Code § 3801 et seq., as the same may be amended from time to time.
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Stated Residual Value means, for any Unit, the stated residual value of the related Vehicle established at the time of origination of the related Lease (or if subsequently revised in connection with an extension of a Lease, in accordance with Customary Servicing Practices).
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Examples of Stated Residual Value in a sentence

  • The Lease included in such Unit was written on a constant yield basis and provides for substantially equal monthly payments, such that, at the end of the lease term, the capitalized cost has been amortized to an amount equal to the Stated Residual Value of the related Vehicle.


More Definitions of Stated Residual Value

Stated Residual Value has the meaning defined in the Indenture.
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Stated Residual Value with respect to a Series 20 -SN Lease Asset, the residual value of the related Vehicle as set forth in the related Series 20 -SN Lease.
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Stated Residual Value with respect to a Series 200_-_ Lease Asset, the residual value of the related Vehicle as set forth in the related Series 200_-_ Lease.
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Stated Residual Value with respect to a Series 2007-SN1 Lease Asset, the residual value of the related Vehicle as set forth in the related Series 2007-SN1 Lease and established at the time of lease origination.
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Stated Residual Value with respect to any Series of Secured Notes and the Lease Assets included in the related Series Portfolio, as set forth in Exhibit A to the related COLT Servicing Agreement.
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Related to Stated Residual Value

  • 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.

  • Asset Value has the meaning assigned to such term in the Pricing Side Letter.

  • transfer value means the value of a transferred vote calculated in accordance with rules STV47.4 or STV47.7. 42. Arrangements for counting of the votes 42.1 The returning officer is to make arrangements for counting the votes as soon as is practicable after the close of the poll. 42.2 The returning officer may make arrangements for any votes to be counted using vote counting software where:

  • Consolidated Depreciation and Amortization Expense means, with respect to any Person for any period, the total amount of depreciation and amortization expense, including the amortization of deferred financing fees or costs, capitalized expenditures, customer acquisition costs and incentive payments, conversion costs and contract acquisition costs, the amortization of original issue discount resulting from the issuance of Indebtedness at less than par and amortization of favorable or unfavorable lease assets or liabilities, of such Person and its Restricted Subsidiaries for such period on a consolidated basis and otherwise determined in accordance with GAAP.

  • Consolidated Revenue means for any period the total revenues of the Company and its Subsidiaries, determined in accordance with GAAP.