Aircraft, railcar and vessel leases often require tailored provisions beyond standard lease terms to address industry-specific risks, regulatory obligations and asset value preservation. Global Transportation Finance Shareholder Eddie Gross co-authored the article, “Asset-Specific Provisions in Aircraft, Rail, and Vessel Leases” for the Equipment Leasing & Finance Association (ELFA) magazine.
The article outlines key asset-specific provisions for these specialized equipment leases, including:
- Registration and Regulatory Requirements
- Maintenance, Inspection and Return Conditions
- Insurance Requirements
- Operational Use and Subleasing
- Title, Liens and Security Interests
View the full article here.