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Common use of Determined Value Clause in Contracts

Determined Value. At the relevant time of reference thereto, the Net Book Value of an Eligible Container, Eligible Generator, Eligible Refrigeration Unit or Eligible Chassis, as the case may be, determined in accordance with GAAP.

Appears in 3 contracts

Samples: Revolving Credit Agreement (SeaCube Container Leasing Ltd.), Revolving Credit Agreement (SeaCube Container Leasing Ltd.), Revolving Credit Agreement (SeaCube Container Leasing Ltd.)

Determined Value. At the relevant time of reference thereto, the Net Book Value of an Eligible ContainerContainers, Eligible GeneratorGenerators, Eligible Refrigeration Unit Units or Eligible Chassis, as the case may be, determined in accordance with GAAP.

Appears in 1 contract

Samples: Revolving Credit Agreement (Seacastle Inc.)