Maximum Concentration of Non-Monthly Rental Payments. The sum of the Net Book Values of all Eligible Containers subject to Lease Agreements for which rentals are payable less frequently than monthly shall not exceed five percent (5%) of the Aggregate Net Book Value;
Appears in 3 contracts
Samples: Indenture (TAL International Group, Inc.), Indenture (TAL International Group, Inc.), Indenture (TAL International Group, Inc.)
Maximum Concentration of Non-Monthly Rental Payments. The percentage by which (x) the sum of the Net Book Values of all Eligible Containers subject to Lease Agreements for which rentals are payable less frequently than monthly shall not exceed divided by the Aggregate Net Book Value, expressed as a percentage, exceeds (y) five percent (5%) of the Aggregate Net Book Value);
Appears in 2 contracts
Samples: Indenture (TAL International Group, Inc.), Indenture (TAL International Group, Inc.)
Maximum Concentration of Non-Monthly Rental Payments. The In the case of Operating Leases only, the sum of the Net Book Values of all Eligible Owner Containers subject to Lease Agreements Operating Leases for which rentals are billed and payable less frequently than monthly shall not exceed five an amount equal to the product of (A) ten percent (510%) and (B) the sum of the (i) then Aggregate Net Book Value and (ii) then Aggregate Net Investment Value;
Appears in 1 contract
