Residual Realizations definition

Residual Realizations. Cash flows realized from the sale or re-lease of the Equipment following the scheduled expiration dates or voluntary early termination of the Leases, other than Equipment subject to Liquidated Leases.
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Residual Realizations means the net cash flows realized by and allocable to ILC from the sale (including pursuant to a Lessee's purchase option) or reletting of any Equipment following the scheduled termination of the related Lease. Amounts received in respect of Non-Performing Leases shall only be included as Residual Realizations to the extent such amounts exceed the related Non-Performing Lease Pay-Through Amount.
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Residual Realizations the aggregate cash flows realized from the sale (including pursuant to a Lessee's purchase option) or reletting of any Equipment following the termination of the related Lease. Amounts received in respect of Non-Performing Leases shall only be included as Residual Realizations to the extent such amounts exceed the related Non-Performing Lease Pay-Through Amount.
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Examples of Residual Realizations in a sentence

  • The Residual Realizations shall be deposited in the Residual Account for disposition under this Indenture.

  • Any such amounts so deposited by the Servicer shall be treated as additional Liquidation Proceeds, or Residual Realizations, depending on the reason for the disposition of the Equipment, with respect to the related Lease and Equipment.

  • The sale, transfer and assignment of such Lease and Vendor Services interest in the related Equipment to Lease Finance under this Agreement, and the transfer and conveyance of such Lease from, and the grant of rights to the related Residual Realizations by, Lease Finance to the LLC under the Contribution and Servicing Agreement, are not unlawful, void or voidable under the laws of the jurisdiction applicable to such Lease.

  • The proceeds (excluding Residual Realizations) of any such sale, repurchase or releasing shall be deposited in the Collection Account for disposition under this Indenture.

  • Following any acceleration of the Class R Notes, the Trustee shall have all of the rights, powers and remedies with respect to the Residual Realizations as are available to secured parties under the Uniform Commercial Code or other applicable law.

  • In exercising its rights and obligations under this Section 6.13, the Trustee may sell the rights to receive Residual Realizations to a third party.

  • Vendor Services acknowledges that Lease Finance intends, pursuant to the Contribution and Servicing Agreement, to convey the Leases, the Residual Realizations and the other items described in Section 2.1(a), together with its rights under this Agreement, to the LLC on the Closing Date.

  • The Servicer shall, within two Business Days of receipt of any payment at such designated address, deposit such payment (excluding Residual Realizations) in the Collection Account and Residual Realizations in the Residual Account.

  • Neither the Trustee nor any Class R Noteholder shall have any rights against the Issuer other than to sell the Residual Realizations.

  • Within three Business Days after the deposit of such payments and proceeds therein, the Servicer shall transfer all amounts credited to the Servicing Account on account of such payments and proceeds (i) to the extent they constitute Pledged Revenues, to the Collection Account and (ii) to the extent they represent Residual Realizations, to the Residual Account.


More Definitions of Residual Realizations

Residual Realizations the sum of (a) the aggregate cash flows realized from the sale (including pursuant to a Lessee's purchase option) or re-lease of any Equipment following the termination of the related Lease other than Equipment subject to Non-Performing Leases; (b) Residual Warranty Payments; (c) Residual Casualty Payments and (d)
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Residual Realizations the sum of (a) the aggregate cash flows realized from the sale (including pursuant to a Lessee's purchase option) or re-lease of any
Sample 1Sample 2
Residual Realizations means cash flows realized from the sale or re-lease of the Equipment following the scheduled expiration dates or voluntary early termination of the Leases, other than Equipment subject to (i) Liquidated Leases or (ii) Prepaid Leases for which Vendor Services has delivered a Substitute Lease in accordance with Section 9.2 of the Contribution and Servicing Agreement.
Sample 1
Residual Realizations means cash flows realized from the sale or re- lease of the Equipment following the scheduled expiration dates or voluntary early termination of the Leases, other than Equipment subject to (i) Liquidated Leases or (ii) Prepaid Leases for which Vendor Services has delivered a Substitute Lease in accordance with Section 9.2 of the Contribution and Servicing Agreement.
Sample 1
Residual Realizations means cash flows realized from the sale or re-lease of the Equipment following the scheduled expiration dates or voluntary early termination of the Leases, other than Equipment subject to Liquidated Leases.
Sample 1

Related to Residual Realizations

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

  • In-kind contributions means services and goods as approved by the department that are provided by a grant recipient toward completion of a department-approved local snowmobile program under section 82107.

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

  • 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.

  • 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.

  • Net Collections With respect to any Corrected Mortgage Loan, an amount equal to all payments on account of interest and principal on such Mortgage Loan.

  • 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.

  • 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 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.

  • 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.

  • Allocations means any and all of the allocations described in Sections 1.3(a), 1.3(b), 1.3(c) and 1.3(d) hereof.

  • Residual Interests As specified in the Preliminary Statement.

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

  • 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.

  • Interest Collections means, (i) with respect to any Loan Asset, all payments and collections attributable to interest on such Loan Asset, including, without limitation, all scheduled payments of interest and payments of interest relating to principal prepayments, all guaranty payments attributable to interest and proceeds of any liquidations, sales, dispositions or securitizations attributable to interest on such Loan Asset and (ii) amendment fees, late fees, waiver fees or other amounts received in respect of Loan Assets.

  • 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.

  • Tax Distributions has the meaning set forth in Section 4.01(b)(i).

  • Income means the following:

  • REMIC II Interests means, collectively, the REMIC II Regular Interests and the Class R-II Certificates.

  • Catch-Up Contributions means Salary Reduction Contributions made to the Plan that are in excess of an otherwise applicable Plan limit and that are made by Participants who are Age 50 or over by the end of their taxable years. An “otherwise applicable Plan limit” is a limit in the Plan that applies to Salary Reduction Contributions without regard to Catch-up Contributions, such as the limits on Annual Additions, the dollar limitation on Salary Reduction Contributions under Code Section 402(g) (not counting Catch-up Contributions) and the limit imposed by the Actual Deferral Percentage (ADP) test under Code Section 401(k)(3). Catch-up Contributions for a Participant for a taxable year may not exceed the dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) for the taxable year. The dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) is $1,000 for taxable years beginning in 2002, increasing by $1,000 for each year thereafter up to $5,000 for taxable years beginning in 2006 and later years. After 2006, the $5,000 limit will be adjusted by the Secretary of the Treasury for cost-of-living increases under Code Section 414(v)(2)(C). Any such adjustments will be in multiples of $500.

  • Accumulated contributions means the sum of all

  • SUBI Collections has the meaning set forth in the Indenture.

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

  • Residual radioactivity means radioactivity in structures, materials, soils, groundwater, and other media at a site resulting from activities under the licensee's control. This includes radioactivity from all licensed and unlicensed sources used by the licensee, but excludes background radiation. It also includes radioactive materials remaining at the site as a result of routine or accidental releases of radioactive material at the site and previous burials at the site, even if those burials were made in accordance with the provisions of Rule R313-15.

  • 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.