Residual Value Clause Samples

Residual Value. The residual value of each NuBarrel is $8,055.00

Residual Value. Notwithstanding clause 23(a) but subject to clauses 25 and 26 the Lessee is liable and shall pay the Residual Value to BMW at the earlier of the expiry or termination of this Lease.

Residual Value. The Residual Value of each Series 2000-1 Leased Vehicle does not exceed an amount established by the Administrative Agent consistent with its policies and practices regarding the setting of residual values as applied with respect to closed-end retail automobile and light-duty truck leases.

Residual Value. In the event of an occurrence giving rise to a claim recoverable within the terms and conditions of this policy, the residual value of any equipment and/or materials used or purchased by the Insured in respect of such occurrence will inure to the benefit of Insurers in the adjustment of such claim.

Residual Value. If the Parties fail to agree that any Collaboration Work Product which has not been successfully commercialized pursuant to Section 3.9. has no significant residual value, then the Parties will pursue the following alternatives in the order presented: (i) one Party may buy out the relevant Collaboration Work Product from the other Party on negotiated terms; (ii) the Parties may agree to commercialize the relevant Collaboration Work Product pursuant to Section 3.8.; or (iii) the Parties may apportion and distribute the rights in the relevant Collaboration Work Product based on its value in accordance with their respective share of Gross Revenues (determined under Section 4.2.).

Residual Value. It is agreed that the total periodic payments are based on an appraisal value of $12,714.00 at the termination of the lease. ---------- . INSTALLATION SITE: The equipment listed on the supplement will be located/installed at: ▇▇ ▇▇▇▇▇▇ ▇▇▇▇, PALMERSTON, OTAGO, NEW ZEALAND. Duly executed for and on behalf of: TOTAL ENERGY SYSTEMS (N.Z.) LIMITED -------------------------------------------- By its duly authorised officer: /s/ ▇. ▇. ▇▇▇▇▇▇ ----------------------------------------------- Please print name: ▇. ▇. ▇▇▇▇▇▇ Title: Director ------------ --------------------------------------- Date: 10/10/95 --------- ACCEPTED for and on behalf of GE Capital (NZ) Limited by its duly authorised Officer on the ___ day of ____________ 1995 ____________________________________________ Authorised Officer GE Capital (NZ) Limited a company incorporated in New Zealand and having its registered office GE Technical Services, ▇▇▇▇▇ ▇, ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇▇▇. GE CAPITAL (NZ) LIMITED CERTIFICATE OF ACCEPTANCE ________________________________________________________________________________ I/We refer to Master Lease Agreement No: NZ0824 dated _______, ------ between us, and to Supplement NZ0824S1 prepared and dated 05/10/95. -------- ________________________________________________________________________________ I/We hereby confirm and certify to you that:

Residual Value. The value of the vehicle at the end of the lease used in calculating your base monthly payment $ (For monthly and single payment transactions:

Residual Value. Please specify how you will calculate the residual value of vehicles including the frequency they are reviewed and which industry pricing guides you will use to base future vehicle valuation e.g. CAP or Glasses:

Residual Value. Nothing in this Lease shall be construed to be a guarantee by Lessee of any particular residual value of the Aircraft, provided, however, that this Section 20(e) shall not reduce Lessee's obligations otherwise set forth in this Lease.