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 following table is prepared on the basis of certain assumptions as described under the "Weighted Average Lives of the Notes / Assumed Amortisation of the Purchased Lease Receivables and Notes – Amortisation Profile of the Purchased Lease Receivables", regarding the weighted average characteristics of the Purchased Lease Receivables and the performance thereof.

• Net investment in leased assets is recorded at the lower of the fair value of the leased property and the present value of the minimum lease payments as Lease Receivables under current and non-current other financial assets.

• If VWL’s insolvency administrator chooses not to continue any Lease Contracts with the Lessees, then the Purchased Lease Receivables arising from such Lease Contracts will be extinguished.

• The following table is prepared on the basis of certain assumptions as described under the "WEIGHTED AVERAGE LIVES OF THE NOTES / ASSUMED AMORTISATION OF THE PURCHASED LEASE RECEIVABLES AND NOTES – AMORTISATION PROFILE OF THEPURCHASED LEASE RECEIVABLES", regarding the weighted average characteristics of the Purchased Lease Receivables and the performance thereof.

• The legal existence of the Purchased Lease Receivables assigned under the Receivables Purchase Agreement would generally survive the institution of insolvency proceedings against VWL pursuant to section 108 (1) sentence 2 of the German Insolvency Code (Insolvenzordnung) under the condition that (i) the Leased Vehicles were financed by a third party and (ii) the title to the Purchased Leased Vehicles were transferred to such third party as security for such financing.

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 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. 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 all payments under the Operative Documents in respect of (i) the Purchaser Basic Rent, (ii) the Maximum Recourse Amount, (iii) the Purchaser Balance and (iv) any purchase by the Lessee of the Property up to the amount of the Capital then outstanding.