Common use of Maximum Concentration of Non-USD Denominated Leases Clause in Contracts

Maximum Concentration of Non-USD Denominated Leases. When considered with all other Eligible Containers owned by the Borrower, the sum of the Net Book Values of all Containers subject to Non-USD Denominated Leases will not exceed an amount equal to five percent (5%) 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 Non-USD Denominated Leases. When considered with all other Eligible Containers owned by the Borrower, the sum of the Net Book Values of all Containers subject to Non-USD Denominated Leases will not exceed an amount equal to five seven and one-half percent (57.5%) of the then Aggregate Net Book Value;”

Appears in 1 contract

Samples: Loan Agreement (Cronos Group)

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