Common use of Direct Finance Lease Receivables Component of Borrowing Base Clause in Contracts

Direct Finance Lease Receivables Component of Borrowing Base. 1. Net Present Value2/ of Direct Finance Lease Receivables (other than Direct Finance Lease Receivables included in the calculation of A above): $ 2/ The discounted present value of Direct Finance Lease Receivables, discounted at the Direct Finance Lease Rate per annum of the remaining term of the applicable Direct Finance Lease.

Appears in 3 contracts

Samples: Assignment and Assumption (CAI International, Inc.), Assignment and Assumption (CAI International, Inc.), Assignment and Assumption (CAI International, Inc.)

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Direct Finance Lease Receivables Component of Borrowing Base. 1. Net Present Value2/ of Direct Finance Lease Receivables (other than Direct Finance Lease Receivables included in the calculation of A above): $ 2/ The discounted present value Value2 of Direct Finance Lease Receivables, discounted at the Direct Finance Lease Rate per annum of the remaining term of the applicable Direct Finance Lease.: $

Appears in 2 contracts

Samples: Assignment and Assumption (CAI International, Inc.), Term Loan Agreement (CAI International, Inc.)

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