Common use of Maximum Concentration for Single Lessee Clause in Contracts

Maximum Concentration for Single Lessee. After giving effect to the transfer of Engines and the related Lease Agreements on any Transfer Date, the sum of the Net Book Values of all Eligible Engines (relating to Existing and Possible Loans) that are or would be subject to a Lease Agreement with a single Lessee (including Affiliates thereof) shall not exceed an amount equal to the product of (i) the Single Lessee Percentage and (ii) the Aggregate Net Book Value (relating to Existing and Possible Loans).

Appears in 4 contracts

Samples: Aircraft Engine Lease Agreement (Willis Lease Finance Corp), Aircraft Engine Lease Agreement (Willis Lease Finance Corp), Willis Lease Finance Corp

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