Residual Value definition

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.
Residual Value means the estimated fair value of the leased property at the end of the lease term.

Examples of Residual Value in a sentence

  • If the Net Proceeds of Sale exceeds the Estimated Residual Value, the amount of the difference promptly shall be paid by Lessor to Lessee.

  • If the Equipment has not been sold on the expiration date of the original lease term relating thereto, then the Net Proceeds of Sale shall be deemed to be zero; and promptly upon demand Lessee shall pay to Lessor an amount equal to the Estimated Residual Value of the Equipment.

  • The sale price as of the end of the third (3rd ) year following the Effective Date of the Amendment will be equal to the present value, on the date of the sale, of all the amounts due (rent and Residual Value at the end of the Agreement) until the agreement expires.

  • Residual Value The value of goods at a point in the future – normally the end of a finance agreement.

  • Work or Development Work refers to the development work carried out in the Building and financed by the Lessor Residual Value: refers to the Financial Amount Outstanding remaining due at the expiration of the Agreement after payment of the final installment of rent.


More Definitions of Residual Value

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 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 has the meaning given such term in Exhibit G-2.
Residual Value means, in respect of every Board Lot, an amount calculated by the Issuer in accordance with the following formula:
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:
Residual Value means the predetermined value of the consumer good at the end of the lease agreement, as stipulated in this contract.