Common use of Concentration Limitations Clause in Contracts

Concentration Limitations. (a) Each amount set forth in the table below represents the maximum percentage of the Aggregate Pool Balance that may be comprised of the sum of the Discounted Lease Balances attributable to the Included Leases in the applicable category, on a cumulative basis. 1. Included Leases of any individual Lessee that is rated investment grade or higher by a Rating Agency 25% 10% 9% ----------------------------------------------------------------------------------------------------------------------------- 2. Included Leases of any individual Lessee that is not rated investment grade by a Rating Agency 15% 3% 3% ----------------------------------------------------------------------------------------------------------------------------- 3. Included Leases of all Lessees that operate in the same industry* N/A 40% 40% ----------------------------------------------------------------------------------------------------------------------------- 4. Included Leases that relate to the same type of Equipment** N/A 40% 40% ----------------------------------------------------------------------------------------------------------------------------- 5. Included Leases for which the Scheduled Payments are payable semi-annually 10% 10% 10% ============================================================================================================================= --------------- * Based upon Primary Standard Industrial Classification Code Number. ** As determined by AFG Credit Corporation in accordance with its customary procedures. The following words and phrases shall have the following meanings:

Appears in 2 contracts

Sources: Pooling and Servicing Agreement and Indenture of Trust (American Finance Group Inc /De/), Asset Purchase Agreement (American Finance Group Inc /De/)