Automotive Lease Guide definition

Automotive Lease Guide means the publication of such name, which includes residual factors, or any successor publication.

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.

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.

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.