Common use of Total Monthly Payments Clause in Contracts

Total Monthly Payments. Each Series 1996-1 Lease provides for Total Monthly Payments which include Constant Yield Payments that fully amortize the Balance Subject to Lease Charges of such Series 1996-1 Lease to a final payment equal to the Residual Value of the related Series 1996-1 Leased Vehicle over the term of such Series 1996-1

Appears in 2 contracts

Sources: Asset Contribution Agreement (RCL Trust 1996 1), Asset Contribution Agreement (RCL Trust 1996 1)

Total Monthly Payments. Each Series 19962000-1 Lease provides for Total Monthly Payments which include Constant Yield Payments that fully amortize the Balance Subject to Lease Charges Adjusted Capitalized Cost of such Series 19962000-1 Lease to a final payment equal to the Residual Value of the related Series 19962000-1 Leased Vehicle over the term of such Series 19962000-1

Appears in 1 contract

Sources: Asset Contribution Agreement (Fcal LLC)