Common use of Maximum Concentration of Specialized Containers Clause in Contracts

Maximum Concentration of Specialized Containers. The sum of the Net Book Values of all specialized Containers (other than twenty foot (20’) dry freight, forty foot (40’) dry freight or forty foot (40’) high cube dry freight cargo Containers and refrigerated Containers) then owned by the Issuer shall not exceed an amount equal to fifteen percent (15%) of the Aggregate Net Book Value on such date;

Appears in 2 contracts

Samples: Indenture (Textainer Group Holdings LTD), Omnibus Amendment, Consent and Waiver (Textainer Group Holdings LTD)

AutoNDA by SimpleDocs

Maximum Concentration of Specialized Containers. The amount by which (x) the sum of the Net Book Values of all Eligible Containers that are specialized Containers (other than twenty foot (20’) dry freight, forty foot (40’) dry freight or forty foot (40’) high cube dry freight cargo Containers and refrigerated Containers), exceeds (y) then owned by the Issuer shall not exceed an amount equal to fifteen percent (15%) of the Aggregate Net Book Value on such dateValue;

Appears in 1 contract

Samples: Omnibus Amendment and Consent (Textainer Group Holdings LTD)

AutoNDA by SimpleDocs

Maximum Concentration of Specialized Containers. The sum of the Net Book Values of all specialized Containers (other than twenty foot (20’) dry freight, forty foot (40’) dry freight or forty foot (40’) high cube dry freight cargo Containers and refrigerated Containers) and twenty foot (20’) and forty foot (40’) refrigerated containers and associated generator sets then owned by the Issuer shall not exceed an amount equal to fifteen thirty-five percent (1535%) of the Aggregate Net Book Value on such dateAsset Value;

Appears in 1 contract

Samples: Indenture (CAI International, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!