Maximum Concentration for Single Lessee Sample Clauses

Maximum Concentration for Single Lessee. 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).
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Maximum Concentration for Single Lessee. After giving effect to the transfer of Containers on any Transfer Date, the sum of the Net Book Values of all Eligible Containers then owned by the Issuer which are leased to any single lessee or sublessee shall not exceed twenty percent (20%) of the aggregate Net Book Value of all Eligible Containers on such Transfer Date;
Sample 1
Maximum Concentration for Single Lessee. Any single lessee (or sublessee) shall not exceed twenty percent (20%) of the Aggregate Asset Value;
Sample 1
Maximum Concentration for Single Lessee. The amount by which (x) the sum of the Net Book Values of all Eligible Containers that are on Lease to any single lessee (or sublessee) and its Affiliates, exceeds (y) the percentage of the Aggregate Net Book Value set forth opposite the name of such lessee below for the type of Lease set forth below: Name of Lessee Percentage All Leases Finance Leases Mediterranean Shipping Company 30% 30% CMA CGM 25% 25% Evergreen 25% 25% Hapag-Xxxxx 25% 25% 119711828\V-7 Xxxx Xxxx 25% 25% Maersk 25% 25% COSCO 25% 25% All other lessees not mentioned above 15% 5% provided, however, that if two or more lessees shall engage in any transaction (whether through merger, consolidation, stock sale, asset sale or otherwise) pursuant to which a lessee shall become the owner of, or interest holder in, any other lessee’s leasehold interests in one or more Managed Containers and the effect of such transaction is to cause a breach of the applicable foregoing percentage threshold, then the applicable foregoing percentage threshold shall on the effective date of such transaction be increased with respect to such acquiring or, in the case of a merger, surviving lessee to a percentage equal the greater of (i) the sum of the applicable percentage limitations for the transacting lessees as set forth above, and (ii) a fraction (expressed as a percentage) (x) the numerator of which shall equal the sum of the Net Book Values of all Managed Containers on lease to such transacting lessees immediately prior to such transaction and (y) the denominator of which shall equal the then Aggregate Net Book Value and provided, further, that if an applicable percentage threshold has been raised by operation of the foregoing proviso, then any additional Managed Containers subsequently leased to the acquiring or surviving lessee, as the case may be, shall not be considered Eligible Containers until such time as the sum of the Net Book Values of all Managed Containers then on lease to such acquiring or surviving lessee (stated as a percentage of the Aggregate Net Book Value) does not exceed the original percentage limitation applicable to such acquiring or surviving lessee;
Sample 1
Maximum Concentration for Single Lessee. The sum of the Net Book Values of all Eligible Containers that are on Lease to any single lessee (or sublessee) shall not exceed 25% of the Aggregate Net Book Value;
Sample 1
Maximum Concentration for Single Lessee. The Asset Values of Eligible Containers that are subject to Leases to any single lessee (or sublessee) shall not exceed twenty percent (20%) of the Aggregate Asset Value (with the Asset Value of Containers in excess of twenty percent (20%) of Aggregate Asset Value disregarded for purposes of determining Eligible Containers);
Sample 1

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