Examples of Base Residual Value in a sentence
Securitization Rate) of the Base Residual Value of the related Vehicle and (b) as of the maturity date of the related Lease, the Base Residual Value of the related Vehicle; provided, however, that the Securitization Value of a Terminated Unit is equal to zero.
If Navistar desires to support a residual value for the Equipment in excess of the Base Residual Value determined by GE Capital (the “Booked Residual Value”), Navistar shall guarantee a residual amount for the Equipment equal to the difference between the Booked Residual Value and the Base Residual Value (the “Guaranteed Residual Amount”).
Due to the recent Securitization Take-Out, which occurred on August 5, 2020, on the next date of deterimation, the aggregate Base Residual Value of all Warehouse SUBI Leases that are Eligible Leases scheduled to reach their Lease Maturity Date in any one (1) month will be greater than [***].
DEALER PAYMENT MSRP$Guide % Base Residual Value Adds (Wholesale) Air Cond.
Due to strong demand at the end of fourth quarter 2018 which resulted in a high number of leases in December 2018, on the next date of deterimation, the aggregate Base Residual Value of all Warehouse SUBI Leases that are Eligible Leases scheduled to reach their Lease Maturity Date in any one (1) month will be greater than [***].