Common use of Maximum Concentration of Finance Leases Clause in Contracts

Maximum Concentration of Finance Leases. If such Container is then subject to the terms of a Finance Lease, then, when considered with all other Eligible Containers then on lease, the sum of the Net Book Values of all Containers subject to Finance Leases shall not exceed twenty (20%) of the then Aggregate Net Book Value;

Appears in 4 contracts

Samples: Loan Agreement (Cronos Group), Loan Agreement (Cronos Group), Loan Agreement (Cronos Group)

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Maximum Concentration of Finance Leases. If such Container is then subject to the terms of a Finance Lease, then, when considered with all other Eligible Containers then on leaseFinance Leases relating to a Container, the sum of the Net Book Values of all Containers subject to Finance Leases shall not exceed twenty (20%) of the then Aggregate Net Book Value;

Appears in 1 contract

Samples: Loan Agreement (Cronos Group)

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