Automotive Lease Guide definition

Automotive Lease Guide means the publication of such name, which includes residual factors, or any successor publication.
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Automotive Lease Guide means (a) if available, the publication of such name which includes residual factors or any successor to such publication consented to by the Administrative Agent and each Group Agent or (b) if such publication described in clause (a) is not available, any other publication reasonably acceptable to the Borrower and the Administrative Agent.
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Automotive Lease Guide means, with respect to any Closed-End Vehicle and the related Closed-End Lease, the Automotive Lease Guide prepared and published by Automotive Lease Guide, LLC, which edition is the most current at the inception of such Closed-End Lease.
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Examples of Automotive Lease Guide in a sentence

  • For purposes of this table, the “ALG Residual Value” for each leased vehicle is equal to the related residual value estimate produced by Automotive Lease Guide at the time of origination of the related lease with standard mileage of 15,000 miles/year and based on typically equipped and average condition of the leased vehicle or, if such estimate is unavailable, the related Contract Residual Value.

  • For purposes of this table, the “ALG Residual” for each leased vehicle is equal to the related residual value estimate produced by Automotive Lease Guide at the time of origination of the related lease with standard mileage of 15,000 miles/year and based on typically equipped and average condition of the leased vehicle or, if such estimate is unavailable, the related Contract Residual Value.

  • Automotive Lease Guide analyst Eric Lyman told the Detroit News that dealers would likely continue to offer incentives to keep cars moving.

  • If the FINANCING CONTRACT is designated as a balloon loan on page 1, for the purpose of loss settlement, the balloon loan shall be amortized to the lesser of (a) the residual value or balloon amount stated in the FINANCING CONTRACT or (b) the residual value of the PROTECTED VEHICLE as shown in the most current edition of the Automotive Lease Guide (ALG) in use on the FINANCING CONTRACT effective date or (c) 30% of the VEHICLE VALUE AT LOAN/LEASE.

  • Automotive Lease Guide, Manufacturer’s Suggested Retail Price and Estimated Residual Values, Automotive Lease Guide, Inc., November/December, 2003.2. Black, Fisher and Myron Scholes, The Pricing of Options and Corporate Liabilities, Journal of Political Economy; Vol.

  • Sometimes audit committee makes a special review to see any fraud happens or not.

  • What is the “Residual Value?” The Residual Value is the projected value of the vehicle at the end of the lease term based on criteria established at lease inception as determined by the Automotive Lease Guide (ALG).

  • The ALG Residual and the MRM Residual are residual value esti established by a third-party source, Automotive Lease Guide (“ALG”), an independent publisher of residual value percentages recognized throu the automotive finance industry for projecting vehicle market values at lease termination.

  • Licensee understands and acknowledges that its use of the Service involves access to data and/or databases owned by third parties (“Third Party Information”), including but not limited to: (1) National Auto Research Division, Hearst Business Media Corporation, and (2) Aiken & Associates, LLC d/b/a Automotive Lease Guide.

  • The code options for this indicator would be: (1) Black Book; (2) Automotive Lease Guide; and (98) Other.

Related to Automotive Lease Guide

  • Fixed guideway means a public transit facility that uses and occupies:

  • Stationary Play Equipment means equipment such as a climber, slide, swing, merry-go-round, or spring rocker that is meant to stay in one location when a child uses it. Stationary play equipment does not include:

  • Motorboat means the same as that term is defined in Section 73-18-2.

  • Stationary x-ray equipment means x-ray equipment which is installed in a fixed location.

  • Farm winery means an establishment (i) located on a farm in the Commonwealth with a producing

  • Data Processing Lease means any lease or licensing agreement, binding on the Failed Bank as of Bank Closing, the subject of which is data processing equipment or computer hardware or software used in connection with data processing activities. A lease or licensing agreement for computer software used in connection with data processing activities shall constitute a Data Processing Lease regardless of whether such lease or licensing agreement also covers data processing equipment.

  • Manufactured home park means any tract of land upon which three or more manufactured or mobile homes used for habitation are parked, either free of charge or for revenue purposes, and includes any roadway, building, structure, vehicle, or enclosure used or intended for use as a part of the facilities of the park. "Manufactured home park" does not include any of the following:

  • Motor vehicle manufacturer means any of the following:

  • Operating Lease of a Person means any lease of Property (other than a Capitalized Lease) by such Person as lessee which has an original term (including any required renewals and any renewals effective at the option of the lessor) of one year or more.

  • Unmanned Aerial Vehicle ("UAV") (9) means any aircraft capable of initiating flight and sustaining controlled flight and navigation without any human presence on board.

  • Aviation gasoline means fuel designed for use in the operation of aircraft other than jet aircraft,

  • Consumer lease means a lease that a lessor regularly engaged in the business of leasing or selling makes to a lessee who is an individual and who takes under the lease primarily for a personal, family, or household purpose, if the total payments to be made under the lease contract, excluding payments for options to renew or buy, do not exceed $25,000.00.

  • Automobile or watercraft transporters means any tractor truck, lowboy, vehicle, or combination,

  • Modular building manufacturer means a person or corporation who owns or operates a

  • Fleet means one or more commercial vehicles.

  • Low-speed vehicle means any four-wheeled electrically-powered vehicle, except a motor vehicle or

  • Antique motor vehicle means every motor vehicle, as defined in this section, which was actually

  • Park model recreational vehicle means a unit that:

  • Tire means a continuous solid or pneumatic rubber covering encircling the wheel of a tractor or other farm machinery or of a vehicle.

  • Container means any portable device in which a material is stored, transported, treated, disposed of, or otherwise handled.

  • Cemetery merchandise means merchandise described in section 4(1)(k)(i).

  • Warehouse Agreement means an agreement to provide credit to a person to enable the person to have funds to make residential mortgage loans and hold such loans pending sale to other persons.

  • Captive generating plant means a power plant set up by any person to generate electricity primarily for his own use and includes a power plant set up by any co-operative society or association of persons for generating electricity primarily for use of members of such cooperative society or association;

  • Manufactured/mobile home means either a manufactured home or a mobile home;

  • Retail marijuana store means an entity licensed to purchase Retail Marijuana from a Retail Marijuana Cultivation Facility and to purchase Retail Marijuana Product from a Retail Marijuana Products Manufacturing Facility and to sell Retail Marijuana and Retail Marijuana Product to consumers.

  • Distribution center means a building or structure used primarily for the storage of goods which are intended for subsequent shipment to retail outlets. Distribution center does not mean a building or structure used primarily to store raw agricultural products, used primarily by a manufacturer to store goods to be used in the manufacturing process, used primarily for the storage of petroleum products, or used for the retail sale of goods.