Residual Realization definition

Residual Realization means the amount received by the Issuer after lease termination on account of any sale, re-lease, continued use or other disposition of the Equipment subject to Leases (in the case of TRAC Leases, up to the related TRAC Amount) under which any of the Receivables arise. The total amount of Residual Realizations on an item of Equipment will include (a) the proceeds from the ultimate disposition of the Equipment net of refurbishing and remarketing expenses, (b) the net proceeds (including any termination payments) from any sale or re-lease in accordance with the Servicing Agreement and (c) any rentals received under month to month or other similar arrangements prior to final disposition.
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Residual Realization means, with respect to any Equipment, the amount received or receivable by the Buyer or the Servicer upon the sale or other disposition of the Equipment, whether from the Obligor upon the exercise of any purchase option or from a sale or from insurance proceeds or otherwise.
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Residual Realization means the amount received by the Issuer after lease termination on account of any sale, re-lease, continued use or other disposition of the Equipment subject to Leases under which any of the Receivables arise. The total amount of Residual Realizations on an item of Equipment will include (a) the proceeds from the ultimate disposition of the Equipment net of refurbishing and remarketing expenses, (b) the net proceeds from any sale or re-lease in accordance with the Servicing Agreement and (c) any rentals received under month-to-month or other similar arrangements prior to final disposition.
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Examples of Residual Realization in a sentence

  • NO -------------- (If Yes to e1 or e2 or e3, then a Residual Event occurs) (e1.) Residual Realization for the related Collection Period > 100% (YES/NO).

  • NO --------------- (If Yes to e1 or e2 or e3, then a Residual Event occurs) (e1.) Residual Realization for the related Collection Period > 100% (YES/NO) ..................................................................................

  • If the calculation of the Annual Residual Realization indicates that the amount of any advances made during the eleven calendar months of the same calendar year exceeds the amount otherwise payable by NFS based upon its year end calculation of the Annual Residual Realization, the amount of such overpayment will be refunded to NFS within 15 days after the end of such year end.

  • YES ----------------------- -------------- (e4.) Three month rolling average Residual Realization Ratio > 100% (YES/NO) ......

  • N/A ---------------- (If Yes to e1 or e2 or e3, then a Residual Event occurs) (e1.) Residual Realization for the related Collection Period > 100% (YES/NO) .....................................................................

  • Residual Realization as a Percent of Net Book Value 75% 100% 125% DISCOUNT 14% $29,421,555 $32,848,166 $36,274,777 RATE 16% $27,468,231 $30,805,489 $34,142,746 18% $25,572,131 $28,823,436 $32,074,742 Residual Realization as a Percent of Net Book Value 75% 100% 125% DISCOUNT 14% $ 4.34 $4.84 $5.35 RATE 16% $ 4.05 $4.54 $5.03 18% $ 3.77 $4.25 $4.73 Significant Assumptions: 1) Fuly diluted shares outstanding as of 1/26/00: 6,783,052.

  • YES ------ --------------- (e4.) Three month rolling average Residual Realization Ratio > 100% (YES/NO) ..................................................................................

  • YES --------- ---------------- (e4.) Three month rolling average Residual Realization Ratio > 100% (YES/NO) ......................................................................

  • Residual Realization as a Percent of Net Book Value 75% 100% 125% DISCOUNT 14% $32,013,012 $35,375,225 $38,741,271 RATE 16% $30,894,092 $34,146,929 $37,404,751 18% $29,818,197 $32,965,743 $36,119,371 Residual Realization as a Percent of Net Book Value 75% 100% 125% DISCOUNT 14% $ 4.72 $ 5.22 $ 5.71 RATE 16% $ 4.55 $ 5.03 $ 5.51 18% $ 4.40 $ 4.86 $ 5.32 Significant Assumptions: 1) Fuly diluted shares outstanding as of 1/26/00: 6,783,052.

  • Furnish to the Agent or cause to be --------------------- furnished to the Agent, together with the financial statements furnished by the Borrower under clauses (i) and (ii) of paragraph 5.02(c), summaries of Actual ----------------- Residual Realization Rate (as provided to the Borrower by the Servicer) and Anticipated Residual Realization Amount, as such summaries are set forth in Annex I hereto.


More Definitions of Residual Realization

Residual Realization means the amount received by the Issuer after lease termination on account of any sale, re-lease, continued use or other disposition of the Equipment subject to Leases (except for any TRAC Lease) under which any of the Receivables arise. The total amount of Residual Realizations on an item of Equipment will include (a) the proceeds from the ultimate disposition of the Equipment net of refurbishing and remarketing expenses, (b) the net proceeds from any sale or re-lease in accordance with the Servicing Agreement and (c) any rentals received under month to month or other similar arrangements prior to final disposition.
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Residual Realization means the amount received by the Issuer after lease termination on account of any sale, re-lease, continued use or other disposition of the Equipment subject to Leases under which any of the Receivables arise. The total amount of Residual Realizations on an item of Equipment will include (a) the proceeds from the ultimate disposition of the Equipment net of refurbishing and remarketing expenses, (b) the net proceeds from any sale or re-lease in accordance with the [Issuer] Servicing Agreement [and, solely to the extent pertaining to the Series 201[●]-[●] SUBI, the Titling Trust Servicing Agreement] and (c) any rentals received under month-to-month or other similar arrangements prior to final disposition.]
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Residual Realization means with respect to each Series ________ Contract that has reached the end of its term or has otherwise been terminated during any previous
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Residual Realization means the amount received by the Issuer after lease termination on account of any sale, re-lease, continued use or other disposition of the Equipment subject to
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Residual Realization means, with respect to the disposition of any Residual Interest, the net proceeds received by the Borrower or any Subsidiary upon such disposition.
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Residual Realization means the amount received by the Issuer after lease termination on account of any sale, re-lease, continued use or other disposition of the Equipment subject to Leases under which any of the Receivables arise. The total amount of Residual Realizations on an item of Equipment will include (a) the proceeds from the ultimate disposition of the Equipment net of refurbishing and remarketing expenses, (b) the net proceeds from any sale or re-lease in accordance with the Servicing Agreement and (c) any rentals received under month-to-month or other similar arrangements prior to final disposition.]
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Related to Residual Realization

  • Residual Receipts means for each calendar year, the amount by which Gross Revenue exceeds Annual Operating Expenses.

  • Residual Loss means any item of gain or loss, as the case may be, of the Partnership recognized for federal income tax purposes resulting from a sale, exchange or other disposition of a Contributed Property or Adjusted Property, to the extent such item of gain or loss is not allocated pursuant to Section 6.2(b)(i)(A) or 6.2(b)(ii)(A), respectively, to eliminate Book-Tax Disparities.

  • Residual Gain or “Residual Loss” means any item of gain or loss, as the case may be, of the Partnership recognized for federal income tax purposes resulting from a sale, exchange or other disposition of a Contributed Property or Adjusted Property, to the extent such item of gain or loss is not allocated pursuant to Section 6.2(b)(i)(A) or Section 6.2(b)(ii)(A), respectively, to eliminate Book-Tax Disparities.

  • Liquidation Profits As to any Distribution Date and any Mortgage Loan that became a Liquidated Loan during the Applicable Unscheduled Principal Receipt Period with respect to Full Unscheduled Principal Receipts for such Distribution Date, the excess, if any, of (i) Net Liquidation Proceeds in respect of such Liquidated Loan over (ii) the unpaid principal balance of such Liquidated Loan plus accrued interest thereon in accordance with the amortization schedule at the time applicable thereto at the applicable Net Mortgage Interest Rate from the Due Date to which interest was last paid with respect thereto through the last day of the month preceding the month in which such Distribution Date occurs.

  • Contributed Property means each property or other asset, in such form as may be permitted by the Delaware Act, but excluding cash, contributed to the Partnership. Once the Carrying Value of a Contributed Property is adjusted pursuant to Section 5.5(d), such property shall no longer constitute a Contributed Property, but shall be deemed an Adjusted Property.

  • Distributed Property shall have the meaning specified in Section 14.04(c).

  • Residual Distribution Amount For any Distribution Date, with respect to the Class R-1 Residual Interest, any portion of the REMIC I Available Distribution Amount for Loan Group 1 and Loan Group 2 remaining after all distributions of the REMIC I Available Distribution Amount pursuant to clauses (a), (b) and (c) (other than the last subclause of clause (c)) of the definition of “REMIC I Distribution Amount”. For any Distribution Date, with respect to the Class R-2 Residual Interest, any portion of the REMIC II Available Distribution Amount remaining after all distributions of the REMIC II Available Distribution Amount pursuant to the definition of “REMIC II Distribution Amount” (other than the distribution pursuant to the last clause thereof). For any Distribution Date, with respect to the Class R-3 Residual Interest and for Loan Group 1 and Loan Group 2, any portion of the REMIC III Available Distribution Amount for Loan Group 1 and Loan Group 2, respectively, remaining after all distributions of such REMIC III Available Distribution Amount pursuant to clauses (I)(A), (I)(B), (I)(C), (II)(A) and (II)(B), as applicable, of the definition of “REMIC III Distribution Amount” (other than the distributions pursuant to the last subclause of clauses (I)(C), (II)(A) and (II)(B)). Upon termination of the obligations created by this Agreement and liquidation of REMIC I, REMIC II and REMIC III, the amounts which remain on deposit in the Certificate Account after payment to the Holders of the REMIC III Regular Interests of the amounts set forth in Section 9.01 of this Agreement, and subject to the conditions set forth therein, shall be distributed to the Class R-1, Class R-2 and Class R-3 Residual Interests in accordance with the preceding sentences of this definition as if the date of such distribution were a Distribution Date.

  • Distributions means amounts payable in respect of the Trust Securities as provided in Section 4.1.

  • Residual Interests As specified in the Preliminary Statement.

  • Pre-Tax Contributions means, for any Participant, the aggregate of the Participant's Basic Pre-Tax Contributions and Supplemental Pre-Tax Contributions contributed to the applicable Pre-Tax Contribution Account.

  • Residual Ownership Interest Any record or beneficial interest in the Class R Certificates.

  • After-Tax Contributions means amounts withheld from an Employee’s Compensation pursuant to a Salary Reduction Agreement after all applicable state and federal taxes have been deducted. Such amounts are withheld for purposes of purchasing one or more of the Benefit Package Options available under the Plan.

  • or "Residual Loss means any item of gain or loss, as the case may be, of the Partnership recognized for federal income tax purposes resulting from a sale, exchange or other disposition of a Contributed Property or Adjusted Property, to the extent such item of gain or loss is not allocated pursuant to Section 6.2(b)(i)(A) or 6.2(b)(ii)(A), respectively, to eliminate Book-Tax Disparities.

  • Final Distributions means, with respect to the Certificates of any Trust on any Distribution Date, the sum of (x) the aggregate amount of all accrued and unpaid interest on such Certificates (excluding interest, if any, payable with respect to the Deposits relating to such Trust) and (y) the Pool Balance of such Certificates as of the immediately preceding Distribution Date (less the amount of the Deposits for such Class of Certificates as of such preceding Distribution Date other than any portion of such Deposits thereafter used to acquire Equipment Notes pursuant to the Note Purchase Agreement). For purposes of calculating Final Distributions with respect to the Certificates of any Trust, any Premium paid on the Equipment Notes held in such Trust which has not been distributed to the Certificateholders of such Trust (other than such Premium or a portion thereof applied to the payment of interest on the Certificates of such Trust or the reduction of the Pool Balance of such Trust) shall be added to the amount of such Final Distributions.

  • Subsequent Recovery Any amount recovered by a Servicer or the Master Servicer with respect to a Liquidated Mortgage Loan with respect to which a Realized Loss was incurred after the liquidation or disposition of such Mortgage Loan.

  • Middle-Tier REMIC As described in the Preliminary Statement.

  • Residual Waste means low-level radioactive waste resulting from processing or decontamination activities that cannot be easily separated into distinct batches attributable to specific waste generators. This waste is attributable to the processor or decontamination facility, as applicable.

  • Subsequent Recoveries As to any Distribution Date, with respect to a Liquidated Mortgage Loan that resulted in a Realized Loss in a prior calendar month, unexpected amounts received by the Master Servicer (net of any related expenses permitted to be reimbursed pursuant to Section 3.08) specifically related to such Liquidated Mortgage Loan.

  • Residual Value means the proceeds, less removal and disposal costs, if any, realized upon disposition of a tangible capital asset. It usually is measured by the net proceeds from the sale or other disposition of the asset, or its fair value if the asset is traded in on another asset. The estimated residual value is a current forecast of the residual value.

  • Income means the following:

  • REMIC IV Distribution Amount shall not cause a reduction in the Class Principal Balances of any of the Classes of REMIC IV Regular Interests; and

  • Book Depreciation means, with respect to any Company asset for each Fiscal Year, the Company’s depreciation, amortization, or other cost recovery deductions determined for federal income tax purposes, except that if the Book Value of an asset differs from its adjusted tax basis at the beginning of such Fiscal Year, Book Depreciation shall be an amount which bears the same ratio to such beginning Book Value as the federal income tax depreciation, amortization, or other cost recovery deduction for such Fiscal Year bears to such beginning adjusted tax basis; provided, that if the adjusted basis for federal income tax purposes of an asset at the beginning of such Fiscal Year is zero and the Book Value of the asset is positive, Book Depreciation shall be determined with reference to such beginning Book Value using any permitted method selected by the Board in accordance with Treasury Regulation Section 1.704-1(b)(2)(iv)(g)(3).

  • Residual Interest The sole class of "residual interests" in a REMIC within the meaning of Section 860G(a)(2) of the Code.

  • Residual means, with respect to any Lease, any right of the lessor or its assigns, as owner of the underlying Equipment, to realize value from the related Equipment after termination of the Lease, including the right of the owner of the Equipment to receive any proceeds from the sale, re-lease, continued use or other disposition of the Equipment after the termination of the Lease.

  • REMIC II Principal Loss Allocation Amount With respect to any Distribution Date, an amount equal to (a) the product of (i) 50% of the aggregate Stated Principal Balance of the Mortgage Loans and REO Properties then outstanding and (ii) 1 minus a fraction, the numerator of which is two times the aggregate of the Uncertificated Balances of REMIC II Regular Interest A-1, REMIC II Regular Interest A-2A, REMIC II Regular Interest A-2B, REMIC II Regular Interest A-2C, REMIC II Regular Interest A-2D, REMIC II Regular Interest M-1, REMIC II Regular Interest M-2, REMIC II Regular Interest M-3, REMIC II Regular Interest M-4, REMIC II Regular Interest M-5, REMIC II Regular Interest M-6, REMIC II Regular Interest M-7, REMIC II Regular Interest M-8, REMIC II Regular Interest M-9, REMIC II Regular Interest M-10, REMIC II Regular Interest M-11 and the denominator of which is the aggregate of the Uncertificated Balances of REMIC II Regular Interest A-1, REMIC II Regular Interest A-2A, REMIC II Regular Interest A-2B, REMIC II Regular Interest A-2C, REMIC II Regular Interest A-2D, REMIC II Regular Interest M-1, REMIC II Regular Interest M-2, REMIC II Regular Interest M-3, REMIC II Regular Interest M-4, REMIC II Regular Interest M-5, REMIC II Regular Interest M-6, REMIC II Regular Interest M-7, REMIC II Regular Interest M-8, REMIC II Regular Interest M-9, REMIC II Regular Interest M-10, REMIC II Regular Interest M-11 and REMIC II Regular Interest ZZ.