Special Containers definition
Examples of Special Containers in a sentence
Any marine and maritime container (including dry cargo containers, refrigerated containers (including the associated generator sets, gps units, refrigeration units, Special Containers and tank containers)) or intermodal container chassis or trailer to which the Borrower has good title and that is held for lease or sale.
Any marine and maritime container (including dry cargo containers, refrigerated containers (including the associated generator sets, gps units and refrigeration units), Special Containers and tank containers) or intermodal container chassis or trailer to which the Borrower has good title and that is held for lease or sale.
The sum of the Net Book Values and the Net Present Value of Direct Finance Lease Receivables, as the case may be, of all Special Containers (or a Direct Finance Lease of Special Containers) shall not exceed the product of (A) thirty percent (30%) and (B) an amount equal to the sum of (x) the Aggregate Net Book Value and (y) the Aggregate Net Present Value of Direct Finance Lease Receivables.