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Sir, “a residual value guaranteed”, if the lessee has such an obligation to the lessor, is this payable at the end of the lease term or when the lessee terminates the lease?
Hi,
The residual value guarantee is what is due at the end of the lease. If we terminate the lease before this date then it is unlikely that we would need to make any payment as the asset is not as old as it would be at the end of the lease and so the residual value would be above the guaranteed residual value.
Thanks
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