Residual Value means the proceeds, less removal and disposal costs, if any, realized upon disposition of a tangible capital asset. It usually is measured by the net proceeds from the sale or other disposition of the asset, or its fair value if the asset is traded in on another asset. The estimated residual value is a current forecast of the residual value.
Residual Value means the guaranteed minimum market value of the earth moving, material handling, road maintenance and construction equipment at the end of the life cycle of the earth moving, material handling, road maintenance and construction equipment being procured, as determined by a guaranteed minimum value offered by the vendor or other parties in its bid.
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):
Examples of Residual Value in a sentence
The 2024-2 Lease Agreement is a closed-end lease that provides for equal monthly payments by the Lessee, which scheduled payments, if made when due, fully amortize the net capitalized cost of such 2024-2 Lease Agreement to the Booked Residual Value by the end of the Lease Term, based on the related APR.
The 2024-2 Lease Agreement is a closed-end lease that provides for equal monthly payments by the Lessee, which scheduled payments, if made when due, fully amortize the net capitalized cost of such 2024-2 Lease Agreement to the Contract Residual Value by the end of the Lease Term, based on the related APR.
More Definitions of Residual Value
Residual Value means the value of the leased property at the end of the lease term, as estimated or assigned at consummation by the lessor, used in calculating the base periodic payment.
Residual Value means the estimated value of the leased vehicle at the expiration of the lease term that is used in the con- sumer lease to determine the depreciation portion of the base peri- odic payment.
Residual Value has the meaning given such term in Exhibit G-2.
Residual Value means, for every Board Lot, an amount in the Settlement Currency calculated by the Issuer in accordance with the following formula:
Residual Value means the lease-end value of the vehicle as determined by the lessor, at the end of the lease term included in the lease contract.
Residual Value means, in respect of every Board Lot: