Common use of Maintenance Reserves Clause in Contracts

Maintenance Reserves. The Administrative Agent shall have received evidence that the Maintenance Reserve Account shall have been funded in an amount equal to the Maintenance Reserves Required Amount for all Funded Aircraft less the aggregate available amount under each Maintenance Reserves Eligible Letter of Credit.

Appears in 3 contracts

Sources: First Amendment Agreement (AerCap Holdings N.V.), Credit Agreement (AerCap Holdings N.V.), Credit Agreement (AerCap Holdings N.V.)

Maintenance Reserves. The Administrative Agent shall have received evidence that the Maintenance Reserve Reserves Account shall have been funded in an amount equal to the Maintenance Reserves Reserve Required Amount for all Funded Aircraft less the aggregate available amount under each any Maintenance Reserves Eligible Letter of Credit.

Appears in 1 contract

Sources: Credit Agreement (AerCap Holdings N.V.)