Common use of Replacement Contract Clause in Contracts

Replacement Contract. Each separate lease agreement and each lease schedule, subschedule, summary schedule or supplement, amendment and other modification (including any master lease insofar as the same reflects any schedule or supplement) that is an Eligible Contract replaced pursuant to Section 3.04 of the applicable Transfer Agreement and allocated to a Certificate pledged under the ICF Indenture or subject to a Lease (as the case may be). Replacement Equipment: Equipment transferred to the Trust pursuant to Section 3.04 of the related Transfer Agreement and allocated to a Certificate pledged under the ICF Indenture or subject to a Lease (as the case may be).

Appears in 2 contracts

Sources: Ici Indenture (Seacastle Inc.), Icf Indenture (Seacastle Inc.)