Maximum Concentration of Non-U.S. Currency Rentals. The sum of the Net Book Values of all Eligible Containers subject to Lease Agreements for which rentals are payable in a currency other than Dollars and which are not the subject of a Currency Hedge Agreement shall not exceed two percent (2%) 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-U.S. Currency Rentals. 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 in a currency other than Dollars and which are not the subject of a Currency Hedge Agreement shall not exceed divided by the Aggregate Net Book Value, expressed as a percentage, exceeds (y) two percent (2%) of the Aggregate Net Book Value);
Appears in 2 contracts
Samples: Indenture Supplement (TAL International Group, Inc.), Indenture Supplement (TAL International Group, Inc.)
Maximum Concentration of Non-U.S. Currency Rentals. The amount by which (x) the sum of the Net Book Values of all Eligible Containers subject to Lease Agreements Leases for which rentals are payable in a currency other than Dollars and which are not the subject of a Currency Hedge Agreement shall not exceed currency hedge agreement, divided by the Aggregate Net Book Value, expressed as a percentage, exceeds (y) two percent (2%) of the Aggregate Net Book Value);
Appears in 1 contract
