Common use of No Adverse Selection Procedures Clause in Contracts

No Adverse Selection Procedures. The selection procedures in selecting any Container to be transferred to the Issuer did not or shall not, as the case may be, discriminate against the Issuer as to the type of Containers, utilization potential, lease rates, lessees, age of Containers or Lease terms, in comparison to the Fleet, except for any such adverse selection as may result from the compliance with paragraphs (i), (iii), (ix), (x), (xii), (xiii), (xiv), and (xxi) through (xxv).

Appears in 1 contract

Sources: Indenture (Textainer Group Holdings LTD)

No Adverse Selection Procedures. The selection procedures in selecting any Container to be transferred to the Issuer did not or shall not, as the case may be, discriminate against the Issuer as to the type of Containers, utilization potential, lease rates, lessees, age of Containers or Lease terms, in comparison to the Fleet, except for any such adverse selection as may result from efforts to reduce the compliance with paragraphs (i), (iii), (ix), (x), (xii), (xiii), (xiv), and (xxi) through (xxv)Excess Concentration Adjustment.

Appears in 1 contract

Sources: Omnibus Amendment and Consent (Textainer Group Holdings LTD)