Common use of Term Lease Clause in Contracts

Term Lease. A Lease, other than a Finance Lease, having an initial term (measured from the commencement date of such lease) of thirty-six (36) months or greater.

Appears in 2 contracts

Sources: Credit Agreement (Interpool Inc), Credit Agreement (Interpool Inc)

Term Lease. A Lease, other than a Finance Lease, having an initial term (measured from the commencement date of such lease) of thirty-six (36) months or greater. Third Restatement Date. March 15, 2005.

Appears in 1 contract

Sources: Credit Agreement (Interpool Inc)