Residual Value. The Residual Value of each Series 1996-1 Leased Vehicle does not exceed an amount established by the Administrative Agent consistent with its policies and practices regarding the setting of residual values as applied with respect to closed-end retail automobile and light truck leases.
Residual Value. Notwithstanding clause 23(a) but subject to clauses 25 and 26 the Lessee is liable and shall pay the Residual Value to BMW at the earlier of the expiry or termination of this Lease.
Residual Value. Nothing in this Lease shall be construed to be a guarantee by Lessee of any particular residual value of the Aircraft, provided, however, that this Section 20(e) shall not reduce Lessee's obligations otherwise set forth in this Lease.
Residual Value. The value of the vehicle at the end of the lease used in calculating your base monthly payment $ (For monthly and single payment transactions: Same as 24 of lease worksheet.)
Residual Value. 6. The residual value (the “Residual Value”) of the Equipment is $_____________.
Residual Value. In the event of an occurrence giving rise to a claim recoverable within the terms and conditions of this policy, the residual value of any equipment and/or materials used or purchased by the Assured in respect of such occurrence xxxx insure to the benefit of Underwriters in the adjustment of such claim.
Residual Value. The value of the Vehicle at the end of the Lease used in calculating your base monthly payment................... - v.
Residual Value. 15.1 If upon Termination or Expiration of this Agreement the Lessee returns the Vehicle to the Lessor then the Lessee must pay to the Lessor on demand the amount of money by which the Residual Value exceeds the Value of the Vehicle. If the Value of the Vehicle exceeds the Residual Value, the Lessee will only have a claim or interest in such surplus if the Termination is a result of the gross negligence, a wrongful act or omission or a breach of this Agreement by the Lessor.
Residual Value. 3.6.1 The Lessee has acquired or constructed immovable assets for purposes of the Project. These assets form part of the Project Assets.
Residual Value. 5. The residual value (the "Residual Value") of the equipment is $24,000.00.