Common use of Amount of Commitment Clause in Contracts

Amount of Commitment. Unless Lessee shall consent to otherwise, no Lessor may make any such assignment, conveyance or transfer if, as a consequence thereof, the transferor (if such Lessor retains any part of its Commitment) or transferee Lessor would have an Outstanding Investment of less than $5,000,000.

Appears in 2 contracts

Samples: Participation Agreement (Consolidated Freightways Corp), Participation Agreement (Consolidated Freightways Corp)

AutoNDA by SimpleDocs

Amount of Commitment. Unless Lessee shall consent to otherwise, no Lessor may make any such assignment, conveyance or transfer if, as a consequence thereof, the transferor (if such Lessor retains any part of its Commitment) or transferee Lessor would have an a combined Commitment and Outstanding Investment of less than $5,000,000.

Appears in 2 contracts

Samples: Participation Agreement (Yellow Roadway Corp), Participation Agreement (Weatherford International Inc /New/)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.