Maximum Lessee Concentration Clause Samples
Maximum Lessee Concentration. If such Container is then on lease, then, when considered with all other Eligible Containers then on lease, the Exhibit 10.1 sum of the Net Book Values of all Eligible Containers then on lease to any single lessee will not exceed the following:
(a) if such lessee is set forth on Exhibit E hereto, an amount equal to the greater of (x) ten million Dollars ($10,000,000) and (y) ten percent (10%) of the then Aggregate Net Book Value; or
(b) in all other instances not covered by clause (a), an amount equal to the greater of (x) five million Dollars ($5,000,000) and (y) five percent (5%) of the then Aggregate Net Book Value;
