Open-end lease

Open-end lease

A lease agreement that provides for an additional payment at the expiration of the lease to adjust for any change in the value of the property.
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The City of Norfolk (the City ) is seeking a responsive and responsible vendor to establish a five (5) year, discount from list Agreement to supply vehicles, on an Open-end Lease on an as-needed basis for the City in accordance with all terms and conditions and specifications of this solicitation.
Hines says many business owners get caught off guard thinking they've signed a close-end lease when in fact, it's an open-end lease.
is $15,000 by assumption for both the closed-end lease with a guaranteed buy back and for the open-end lease.
An open-end lease usually is slightly less costly than the closed-end lease.
The winery itself and land adjacent are on an open-end lease.
The open-end lease does not guarantee an end-of-lease value, which means that monthly payments are lower.
In an open-end lease, payments are based on a vehicle's estimated end value.
Tenders are invited for The basis for this contract will be a master open-end lease agreement to consisting of vehicles leased for 36, 48, or 60 months in duration for each vehicle.
The open-end lease contains an option that allows the lessee to purchase the leased asset at the maturity of the lease.
Under an open-end lease structure, residual risk at lease termination is taken by the lessee.
Minimal Residual Risk: 2017-4 currently comprises almost entirely open-end leases whereby lessees bear residual risk.
commercial auto fleet lessors, residual risk remains mitigated by the fact that portfolios are predominantly open-end leases, which subjects the lessee to any residual value loss or gain.