Non-United States Dollar Leases. The percentage of CEUs of all Eligible Containers that are subject to Leases specifying payment in a currency other than United States Dollars and that are not sufficiently hedged in accordance with the currency hedging policy approved by the Requisite Global Majority shall not exceed two percent (2%) of the aggregate number of CEUs of all Eligible Containers on such date;
Appears in 2 contracts
Samples: Administration Agreement (Textainer Group Holdings LTD), Intercreditor Collateral Agreement (CAI International, Inc.)
Non-United States Dollar Leases. The percentage of CEUs of all Eligible Containers that are subject to Leases specifying payment in a currency other than United States Dollars and that are not sufficiently hedged in accordance with the currency hedging policy approved by the Requisite Global Majority shall not exceed two percent (2%) of the aggregate number of CEUs of all Eligible Containers on such datedate (with the CEU's pertaining to Containers on Non-United States Dollar Leases in excess of two percent (2%) disregarded for purposes of determining Eligible Containers);
Appears in 1 contract
Samples: Intercreditor Collateral Agreement (CAI International, Inc.)
Non-United States Dollar Leases. The percentage of CEUs of all Eligible Containers that are subject to Leases specifying payment in a currency other than United States Dollars and that are not sufficiently hedged in accordance with the currency hedging policy approved by the Requisite Global Majority shall not exceed two percent (2%) of the aggregate number of CEUs of all Eligible Containers on such date;; and
Appears in 1 contract
Samples: Management Agreement (Textainer Group Holdings LTD)
