Aggregate Net Book Value definition
Aggregate Net Book Value. As of any date of determination, an amount equal to the sum of the Net Book Values of all Eligible Containers.
Aggregate Net Book Value. As of any date of determination, the sum of the Net Book Values (such Net Book Values to be measured as of the last day of the month immediately preceding such date of determination) of all Eligible Containers.
Aggregate Net Book Value for any Borrower, or “Pro Rata Share”; (c) without the written consent of the Collateral Agent, amend or waive Article IX, the amount or time of payment of any fee payable for the Collateral Agent’s account or any other provision applicable to the Collateral Agent; (d) without the written consent of the Administrative Agent, amend or waive Article XIV, the amount or time of payment of any fee payable for the Administrative Agent’s account or any other provision applicable to the Administrative Agent;
Examples of Aggregate Net Book Value in a sentence
After giving effect to the transfer of Engines and the related Lease Agreements on any Transfer Date, the sum of the Net Book Values of all Eligible Engines (relating to Existing and Possible Loans) that are or would be subject to a Lease Agreement with a single Lessee (including Affiliates thereof) shall not exceed an amount equal to the product of (i) the Single Lessee Percentage and (ii) the Aggregate Net Book Value (relating to Existing and Possible Loans).
As of any date of determination, an amount equal to the sum of the then Aggregate Net Book Value and the then Aggregate Finance Lease Value.
As of any date of determination the excess (if any) of (i) the Aggregate Note Principal Balance, over (ii) an amount equal to the sum of (1) the product of (i) Default Level Advance Rate and (ii) the sum of (A) the then Aggregate Net Book Value and (B) the then Aggregate Finance Lease Value, plus (2) 100% of all cash and Eligible Investments then on deposit in the Restricted Cash Account.
As of any date of determination a fraction (expressed as a percentage) the numerator of which shall be the sum of the Net Book Values of all Eligible Engines subject to Lease Agreements having a remaining lease term that will expire in the immediately succeeding twenty-four (24) months and the denominator of which shall be the Aggregate Net Book Value.
As of any date of determination, an amount equal to the product of (x) the Excess Permitted Mexican Lease Amount on such date, and (y) a fraction the numerator of which is the Aggregate Net Book Value and the denominator of which is the Aggregate Asset Value.
More Definitions of Aggregate Net Book Value
Aggregate Net Book Value. As of any date of determination, an amount equal to the sum of the Net Book Values of all Eligible Engines.
Aggregate Net Book Value. As of any date of determination, the sum of the Net Book Values (such Net Book Values to be measured as of the last day of the month immediately preceding such date of determination) of all Asset Base Eligible Containers. Aggregate Note Principal Balance: As of any date of determination, an amount equal to the sum of the then unpaid principal balances of all Series of Notes then Outstanding. Ancillary Fees: All fees paid to and received by the Manager under Lease Agreements for drop-off, pick-up or repositioning charges, handling fees, repair payments and repair insurance fees which are attributable to the Managed Containers. Applicable Law: With respect to any Person or Managed Container, all existing laws, rules, regulations (including proposed, temporary and final income tax regulations), statutes, treaties, codes, ordinances, permits, certificates, orders and licenses of and interpretations by any Governmental Authority and judgments, decrees, injunctions, writs, or orders of any court, arbitrator or other administrative, judicial, or quasi judicial tribunal or agency of competent jurisdiction applicable to such Person or Managed Container. Asset Base: As of any Determination Date for each Series of Notes, the amount identified as such in the related Supplement. Asset Base Certificate: A certificate with appropriate insertions setting forth the components of the Asset Base, as of the last day of the month for which such certificate is submitted, which certificate shall be substantially in the form attached to the Indenture and shall be certified by an Authorized Signatory of the Manager. Asset Base Deficiency: With respect to any Series, an “Asset Base Deficiency” (if any) identified in the related Supplement. Asset Base Eligible Container: Any Managed Container that, as of any date of determination, is subject to the Lien of the Indenture and that complies as of such date with each of the following requirements: (i) No Sanctioned Person or Sanctioned Country. Such Container is not then on lease to a Sanctioned Person or, according to the records of the Issuer or the Manager, is not subleased to a Sanctioned Person or located, operated or used in a Sanctioned Country unless it is used pursuant to a license granted by OFAC; and (ii)
Aggregate Net Book Value means, as to any Borrower, as of any date of determination, an amount equal to the sum of the Net Book Values of all such Borrower’s Eligible Equipment not then subject to a Finance Lease.
Aggregate Net Book Value has the meaning set forth in the TMCL Indenture; provided, no amendment under the TMCL Indenture to such defined term shall be given effect under this Agreement unless each of the Banks has advised the Agent of its consent thereto.
Aggregate Net Book Value. As of any date of determination, the sum of the Net Book Values (such Net Book Values to be measured as of the last day of the month immediately preceding such date of determination) of all Eligible Containers owned by a Borrower. “Aggregate TCIL Borrower Commitments”: As of any date of determination, an amount equal to the sum of the TCIL Borrower Commitments of all Lenders. “Aggregate TIF Borrower Commitments”: As of any date of determination, an amount equal to the sum of the TIF Borrower Commitments of all Lenders. “Ancillary Fees”: All fees paid to and received by the Manager under Lease Agreements for drop-off, pick-up or repositioning charges, handling fees, repair payments and repair insurance fees which are attributable to the Managed Containers. “Anti-Corruption Laws”: All of the following: (a) the U.S. Foreign Corrupt Practices Act of 1977, as amended; (b) the U.K. Bribery Act 2010, as amended; and (c) with respect to any Borrower or any Seller, any other anti-bribery or anti-corruption laws, regulations or ordinances in any jurisdiction in which such Borrower or such Seller or, in either case, any of its Affiliates, is located or doing business. “Anti-Money Laundering Laws”: With respect to any Borrower or any Seller, applicable laws or regulations in any jurisdiction in which such Borrower or such Seller or, in either case, any of its Affiliates, is located or doing business that relates to money laundering, any predicate crime to money laundering, or any financial record keeping and reporting requirements related thereto. “Applicable Law”: With respect to any Person or Managed Container, all existing laws, rules, regulations (including proposed, temporary and final income tax regulations), statutes, treaties, codes, ordinances, permits, certificates, orders and licenses of and interpretations by any Governmental Authority and judgments, decrees, injunctions, writs, or orders of any court, arbitrator or other administrative, judicial, or quasi judicial tribunal or agency of competent jurisdiction applicable to such Person or Managed Container. “Applicable Margin”: With respect to each Loan, (i) before the Conversion Date, one and one-half percent (1.50%) per annum and (ii) on and after the Conversion Date, two and one-half percent (2.50%) per annum (which percentage set forth in this clause (ii) includes any Step-Up Margin with respect to such Loan(s). “Approved Fund”: Any Person (other than a natural Person) that is not a Competitor and that ...
Aggregate Net Book Value. As of any date of determination, the sum of the Adjusted Net Book Values of all Eligible Containers then owned by the Issuer.
Aggregate Net Book Value. As of any date of determination, the sum of the Net Book Values (such Net Book Values to be measured as of the last day of the month immediately preceding such date of determination) of all Eligible Containers. “Amendment Number 3 Effective Date”: The “Amendment Effective Date” under and as defined in Amendment Number 3 to Loan and Security Agreement, dated as of November 13, 2020, among the Borrower, the Collateral Agent, the Administrative Agent and the Lenders party thereto. “Anti-Corruption Laws”: All of the following: (a) the U.S. Foreign Corrupt Practices Act of 1977, as amended; (b) the U.K. ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, as amended; and (c) any other anti-bribery 2