Common use of Concentration Limitations Clause in Contracts

Concentration Limitations. The following concentration limitations shall apply to the determination of the Borrowing Base: (A) the aggregate contribution to the Borrowing Base of the Margin Values of Eligible Saleable Assets shall not exceed [***]% of the Borrowing Base; (B) the aggregate contribution to the Borrowing Base of the Margin Values of Eligible Engines and Eligible Equipment (other than Airframes and Eligible Corporate Aircraft) used on a single make and model of narrow-body aircraft shall not exceed [***]% of the Borrowing Base; provided, the foregoing limitation shall not apply to any models within the 737 or A320 families of aircraft; (C) the aggregate contribution to the Borrowing Base of the Margin Values of Eligible Engines which are Turboprop Engines shall not exceed [***]% of the Borrowing Base; (D) the aggregate contribution to the Borrowing Base of the Margin Values of Eligible Engines and Eligible Equipment (other than Eligible Corporate Aircraft) used on wide-body aircraft shall not exceed [***]% of the Borrowing Base; (E) the aggregate contribution to the Borrowing Base of the Margin Values of Eligible Engines and Eligible Equipment subject to -11- Xxxxxx Lease Finance Corporation Fourth Amended and Restated Credit Agreement Leases to the Three Primary Lessees shall not exceed [***]% of the Borrowing Base; (F) the aggregate contribution to the Borrowing Base of the Margin Values of Eligible Engines and Eligible Equipment subject to Leases to a single Lessee shall not exceed the following, as applicable: [***]% of the Borrowing Base with respect to a Lessee under an Investment Grade Lease and [***]% of the Borrowing Base for any other Lessee; (G) the aggregate contribution to the Borrowing Base of the Margin Values of Eligible Equipment which are Airframes (which, for the avoidance of doubt, do not include Eligible Corporate Aircraft) shall not exceed $[***];

Concentration Limitations. The following concentration limitations shall apply to the determination of the Borrowing Base: : (A) the aggregate contribution to the Borrowing Base of the Margin Values of Eligible Saleable Assets shall not exceed [***]% of the Borrowing Base; ; (B) the aggregate contribution to the Borrowing Base of the Margin Values of Eligible Engines and Eligible Equipment (other than Airframes and Eligible Corporate Aircraft) used on a single make and model of narrow-body aircraft shall not exceed [***]% of the Borrowing Base; provided, the foregoing limitation shall not apply to any models within the 737 or A320 families of aircraft; ; (C) the aggregate contribution to the Borrowing Base of the Margin Values of Eligible Engines which are Turboprop Engines shall not exceed [***]% of the Borrowing Base; ; (D) the aggregate contribution to the Borrowing Base of the Margin Values of Eligible Engines and Eligible Equipment (other than Eligible Corporate Aircraft) used on wide-body aircraft shall not exceed [***]% of the Borrowing Base; ; (E) the aggregate contribution to the Borrowing Base of the Margin Values of Eligible Engines and Eligible Equipment subject to -11- Xxxxxx Lease Finance Corporation Fourth Amended and Restated Credit Agreement Leases to the Three Primary Lessees shall not exceed [***]% of the Borrowing Base; ; (F) the aggregate contribution to the Borrowing Base of the Margin Values of Eligible Engines and Eligible Equipment subject to Leases to a single Lessee shall not exceed the following, as applicable: [***]% of the Borrowing Base with respect to a Lessee under an Investment Grade Lease and [***]% of the Borrowing Base for any other Lessee; ; (G) the aggregate contribution to the Borrowing Base of the Margin Values of Eligible Equipment which are Airframes (which, for the avoidance of doubt, do not include Eligible Corporate Aircraft) shall not exceed $[***]; (H) the aggregate contribution to the Borrowing Base of the Margin Values of Eligible Engines and Eligible Equipment (which, for the avoidance of doubt, do not include Eligible Saleable Assets or Eligible Corporate Aircraft) which are Off-Lease shall not exceed [***]% of the Borrowing Base; (I) the aggregate contribution to the Borrowing Base of the Margin Value of the Eligible Corporate Aircraft shall not exceed $[***]; and (J) the aggregate contribution to the Borrowing Base of the Margin Values of the Eligible Specified Assets shall not exceed $[***].

Concentration Limitations. The following concentration limitations shall apply to the determination of the Borrowing Base: (A) the aggregate contribution to the Borrowing Base of the Margin Values of Eligible Saleable Assets shall not exceed [***]% of the Borrowing Base; (B) the aggregate contribution to the Borrowing Base of the Margin Values of Eligible Engines and Eligible Equipment (other than Airframes and Eligible Corporate Aircraft) used on a single make and model of narrow-body aircraft shall not exceed [***]% of the Borrowing Base; provided, the foregoing limitation shall not apply to any models within the 737 or A320 families of aircraft; (C) the aggregate contribution to the Borrowing Base of the Margin Values of Eligible Engines which are Turboprop Engines shall not exceed [***]% of the Borrowing Base; (D) the aggregate contribution to the Borrowing Base of the Margin Values of Eligible Engines and Eligible Equipment (other than SMRH:4838-5569-6023.10 -12- Xxxxxx Lease Finance Corporation Fourth Amended and Restated Credit Agreement Eligible Corporate Aircraft) used on wide-body aircraft shall not exceed [***]% of the Borrowing Base; (E) the aggregate contribution to the Borrowing Base of the Margin Values of Eligible Engines and Eligible Equipment subject to -11- Xxxxxx Lease Finance Corporation Fourth Amended and Restated Credit Agreement Leases to the Three Primary Lessees shall not exceed [***]% of the Borrowing Base; (F) the aggregate contribution to the Borrowing Base of the Margin Values of Eligible Engines and Eligible Equipment subject to Leases to a single Lessee shall not exceed the following, as applicable: [***]% of the Borrowing Base with respect to a Lessee under an Investment Grade Lease and [***]% of the Borrowing Base for any other Lessee; (G) the aggregate contribution to the Borrowing Base of the Margin Values of Eligible Equipment which are Airframes (which, for the avoidance of doubt, do not include Eligible Corporate Aircraft) shall not exceed $[***];

Concentration Limitations. The following additional concentration limitations shall apply to the determination of the Borrowing Base: : (A1) the aggregate contribution to the Borrowing Base of the Margin Net Book Values of Eligible Saleable Assets Equipment constituting Eligible Parts, Turboprop Engines and APUs shall not exceed [***]% of the Borrowing Base; ; (B2) the aggregate contribution to the Borrowing Base of the Margin Net Book Values of Eligible Engines and Eligible Equipment (other than Airframes and Eligible Corporate Aircraft) used on a single make and model of narrow-body aircraft shall not exceed [***]% of the Borrowing Base; provided, the foregoing limitation shall not apply to any models within the 737 or A320 families of 737-600, -700, -800 and -900 model aircraft; ; (C3) the aggregate contribution to the Borrowing Base of the Margin Net Book Values of Eligible Engines which are Turboprop Engines and Eligible Equipment used on a single make and model of wide-body aircraft shall not exceed [***]% of the Borrowing Base; ; (D4) the aggregate contribution to the Borrowing Base of the Margin Net Book Values of Eligible Engines and Eligible Equipment (other than Eligible Corporate Aircraft) used on wide-body aircraft shall not exceed [***]% of the Borrowing Base; ; (E5) the aggregate contribution to the Borrowing Base of the Margin Net Book Values of Eligible Engines and Eligible Equipment subject to -11- Xxxxxx Lease Finance Corporation Fourth Amended and Restated Credit Agreement Leases to the Three Primary Lessees shall not exceed [***]% of the Borrowing Base; ; (F6) the aggregate contribution to the Borrowing Base of the Margin Net Book Values of Eligible Engines and Eligible Equipment subject to Leases to a single Lessee shall not exceed the following, as applicable: [***]% of the Borrowing Base with respect to a Lessee under an Investment Grade Lease and [***]% of the Borrowing Base for any other LesseeBase; and (G7) the aggregate contribution to the Borrowing Base of the Margin Net Book Values of Eligible Engines and Eligible Equipment which are Airframes (which, for the avoidance of doubt, do not include Eligible Corporate Aircraft) Off-Lease shall not exceed $[***];% of the Borrowing Base.

Concentration Limitations. The following additional concentration limitations shall apply to the determination of the Borrowing Base: : (A) the aggregate contribution to the Borrowing Base of the Margin Net Book Values of Eligible Saleable Assets Equipment shall not exceed [***]% of the Borrowing Base; ; (B) the aggregate contribution to the Borrowing Base of the Margin Net Book Values of Eligible Engines and Eligible Equipment (other than Airframes and Eligible Corporate Aircraft) used on a single make and model of narrow-body aircraft shall not exceed [***]% of the Borrowing Base; provided, the foregoing limitation shall not apply to any models within the 737 or A320 families of 737-600, -700, -800 and -900 model aircraft; ; (C) the aggregate contribution to the Borrowing Base of the Margin Net Book Values of Eligible Engines which are Turboprop Engines and Eligible Equipment used on a single make and model of wide-body aircraft shall not exceed [***]% of the Borrowing Base; *** Confidential information omitted pursuant to a request for confidential treatment filed separately with the Securities and Exchange Commission (D) the aggregate contribution to the Borrowing Base of the Margin Net Book Values of Eligible Engines and Eligible Equipment (other than Eligible Corporate Aircraft) used on wide-body aircraft shall not exceed [***]% of the Borrowing Base; ; (E) the aggregate contribution to the Borrowing Base of the Margin Net Book Values of Eligible Engines and Eligible Equipment subject to -11- Xxxxxx Lease Finance Corporation Fourth Amended and Restated Credit Agreement Leases to the Three Primary Lessees shall not exceed [***]% of the Borrowing Base; ; (F) the aggregate contribution to the Borrowing Base of the Margin Net Book Values of Eligible Engines and Eligible Equipment subject to Leases to a single Lessee shall not exceed the following, as applicable: [***]% of the Borrowing Base with respect to a Lessee under an Investment Grade Lease and [***]% of the Borrowing Base for any other LesseeBase; and (G) the aggregate contribution to the Borrowing Base of the Margin Net Book Values of Eligible Engines and Eligible Equipment which are Airframes (which, for the avoidance of doubt, do not include Eligible Corporate Aircraft) Off-Lease shall not exceed $[***];% of the Borrowing Base.