Lease Receivables definition

Lease Receivables. With respect to any Lease Contract, all of, and the right to receive all of (a) the Scheduled Payments, (b) any prepayments made with respect of such Lease Contract, (c) any Guaranty Amounts, (d) any Insurance Proceeds, (e) any Residual Proceeds, (f) any Overdue Payments, and (g) any Recoveries.

Lease Receivables shall have the meaning set forth in Section 1.5(a).

Lease Receivables means the present and future lease rentals /rent / fees/ compensation, by which ever name called due to the Borrower under the Lease Agreement entered into between the Borrower and the Lessee.

Examples of Lease Receivables in a sentence

• The Factoring Bank has agreed to receive such creditor’s rights and relevant rights of the Lease Receivables and provide factoring facility services to the Company.

• The amount of the factoring facilities interest is the same as the amount of interest payable by the Lessee under the Lease Receivables, and will be paid by the Company to the Factoring Bank upon receipt of the rent paid by the Lessee on each rent payment date.

• The Factoring Bank has agreed to provide factoring facility services for the Lease Receivables with an aggregate factoring facility principal of approximately RMB1,296,780,003 to the Company in accordance with the terms and conditions of the Factoring Agreement.

• If the Lessee fails to fully pay the Lease Receivables within the agreed timeframe due to credit issues, the Factoring Bank has no recourse for a claim against the Company in respect of the outstanding payment.

• Subject of the Transaction The Company has agreed to transfer the creditor’s rights and relevant rights of the undue Lease Receivables under the Finance Lease Agreement to the Factoring Bank, with the total transfer amount of Lease Receivables of approximately RMB1,296,780,003.

More Definitions of Lease Receivables

Lease Receivables means "net investment in operating leases" as stated on or reflected in GMAC's consolidated financial statements.

Lease Receivables the remaining lease rent under the Finance Lease Agreement “Lessee” a state-owned enterprise located in Hubei Province, the PRC

Lease Receivables. The term "Lease Receivables" shall include Servicing Charges.

Lease Receivables shall include Servicing Charges.

Lease Receivables means only any regular rent or lease payments due under any now existing or owned and hereafter arising or acquired Leases, and expressly excludes any sales or use tax, supplemental rent payments, additional rent payments, rental advances, security deposits, purchase option payments, renewal payments, early termination payments, residual payments, casualty payments, termination payments, stipulated loss payments, insurance payments or any other payments, proceeds or amounts of any kind whatsoever due under or in connection with any Leases, and all proceeds of the foregoing, including, without limitation, insurance proceeds.

Lease Receivables means any present or future rights and claims (vorderingen op naam) under the relevant Lease Agreement, including any Lease Instalment, any related fees and expenses due and payable to the Lessor under the terms of the Lease Agreement and any accessory rights (afhankelijke rechten), ancillary rights (nevenrechten), connected rights (kwalitatieve rechten) and any other rights relating thereto.

Lease Receivables means “net investment in operating leases” as stated on or reflected in Ford Credit’s consolidated financial statements.