E.1 Introduction

Lease Termination in OFSLL indicates the Return of Leased Asset in which a Lease Account is allowed to be terminated either before or after the Lease Maturity Date. Early Termination indicates terminating a lease account before its maturity date.

In a lease termination, the account is either Charged-Off or Paid-Off clearing all outstanding dues and deriving the net Gain or Loss in specific buyout scenario as indicated below.