Common use of Customer Concentration Clause in Contracts

Customer Concentration. Except for Persons set forth on Exhibit C, no single Person shall be the Permitted User for more than twenty percent (20%) of the Equipment leased under all Leases hereunder. This test shall be applied on a quarterly basis and shall not apply until the original Lessor’s Cost of all Schedules entered to in accordance with this Master Lease exceeds Twenty Million Dollars ($20,000,000). Each person set forth on Exhibit C shall have publicly available financial information and none shall account for more than Thirty-Five Million Dollars ($35,000,000) in Equipment leased under this Agreement.