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.
Residual Value means, in respect of every Board Lot, an amount calculated by the Issuer in accordance with the following formula (and, if appropriate, either (I) converted (if applicable) into the Settlement Currency at the Exchange Rate or, as the case may be, (II) converted into the Interim Currency at the First Exchange Rate and then (if applicable) converted into Settlement Currency at the Second Exchange Rate):
Residual Value means the guaranteed minimum market value of the earth moving, material handling, road maintenance and construction equipment at the end of the life cycle of the earth moving, material handling, road maintenance and construction equipment being procured, as determined by a guaranteed minimum value offered by the vendor or other parties in its bid.
Examples of Residual Value in a sentence
Plus or Minus any difference between the Sale Price of the Vehicle and the Residual Value.
The Residual Value has been worked out on the basis that the Vehicle will travel no more than the Agreed Kilometre Allowance during the term of the lease.
If you do not return the Vehicle to us at the time and place we tell you, you must pay us the Residual Value and the unpaid balance on demand.
We may however negotiate and agree with you at any time, a variation to this agreement to take account of a change of the Agreed Kilometre Allowance and if this happens the Residual Value may change accordingly.
More Definitions of Residual Value
Residual Value means the value of the leased property at the end of the lease term, as estimated or assigned at consummation by the lessor, used in calculating the base periodic payment.
Residual Value means any monetary or other economic value in the hands of the relevant provider other than the cost saving of including the product, service or trademark, or a reference to it, in a programme;
Residual Value means the estimated value of the leased vehicle at the expiration of the lease term that is used in the con- sumer lease to determine the depreciation portion of the base peri- odic payment.
Residual Value has the meaning given such term in Exhibit G-2.
Residual Value means, in respect of every Board Lot:
Residual Value means, for every Board Lot, an amount in the Settlement Currency calculated by the Issuer in accordance with the following formula: