Exhibit 10.6
EXECUTION COPY
AMENDMENT NO. 2
          AMENDMENT NO. 2 dated as of April 16, 2010, between INTERNATIONAL
LEASE FINANCE CORPORATION (the “Company”); each of the financial institutions
listed on the signature pages hereof (individually, a “Bank” and, collectively,
the “Banks”, together with their respective successors and assigns); and
CITICORP USA, INC. (herein, in its individual corporate capacity, together with
its successors and assigns called “CUSA”), as administrative agent for the Banks
(herein, in such capacity, together with its successors and assigns in such
capacity, called the “Agent”).
          The Company, the Banks and CUSA, as administrative agent, are parties
to a Five-Year Revolving Credit Agreement dated as of October 14, 2005 (as
amended by Amendment No. 1 dated as of October 13, 2006, the “Credit Agreement”)
providing, subject to the terms and conditions thereof, for loans to be made by
said Banks to the Company in an aggregate principal amount not exceeding
$2,000,000,000. The Company has requested that the Credit Agreement be amended
in certain respects and accordingly, the parties hereto hereby agree as follows:
          Section 1. Definitions. Except as otherwise defined in the Credit
Agreement, terms defined in the Credit Agreement (as amended hereby) are used
herein as defined therein.
          Section 2. Amendments. Subject to the execution and delivery hereof by
the Company, the Required Banks and the Agent, the Credit Agreement is amended
effective upon such execution and delivery as follows:
          2.01. References in the Credit Agreement to “this Agreement” (and
indirect references such as “hereunder”, “hereby”, “herein” and “hereof’) shall
be deemed to be references to the Credit Agreement as amended by this Amendment
No. 2.
          2.02. The following new definitions are inserted in Section 1.2 of the
Credit Agreement in proper alphabetical order:
“Amendment No. 2” means Amendment No. 2 dated as of April 16, 2010 to this
Agreement.
“Amendment No. 2 Effective Date” means April 16, 2010.
“Net Cash Proceeds” means, with respect to the incurrence or issuance of any
Indebtedness by the Company or any of its Subsidiaries, the excess of (i) the
sum of the cash proceeds received in connection with such incurrence or issuance
over (ii) the underwriting discounts and commissions or other similar payments,
and other out-of-pocket costs, fees, commissions, premiums and expenses
(including attorneys fees, investment banking fees, brokerage and consultant
fees, and taxes) incurred by the Company or such Subsidiary in connection with
such incurrence or issuance to the extent such amounts were not deducted in
determining the amount referred to in clause (i), it being understood that any
such proceeds that are subject to an escrow, cash collateral or similar
restrictive account in connection with such incurrence or issuance shall not be
deemed to be received
Amendment No. 2 to 2010 Facility

 

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by the Company or its Subsidiaries until such proceeds are no longer required to
be held in such restrictive account.
“Other Term Loans” means term loans of the Company existing on the Amendment
No. 2 Effective Date and held by certain Banks in an aggregate principal amount
not to exceed $500,000,000.
          2.03. Section 2.1 of the Credit Agreement is amended by deleting the
words “the date which is the fourteenth day preceding such Bank’s Termination
Date” and substituting therefor the words “the Amendment No. 2 Effective Date”.
          2.04. Section 3.1 of the Credit Agreement is amended by deleting the
words “such Bank’s Termination Date” and substituting therefor the words “the
Amendment No. 2 Effective Date”.
          2.05. Section 5 of the Credit Agreement is amended to add a new
Section 5.3 as follows:
     “Section 5.3. Mandatory Prepayments and Reduction of Commitments. The
Company shall, upon receipt of the Net Cash Proceeds of any incurrence or
issuance of Indebtedness after the Amendment No. 2 Effective Date by the Company
or any of its Subsidiaries secured by a Lien permitted under Section 9.14(n),
(a) prepay all then outstanding Committed Loans in an aggregate principal amount
equal to such Net Cash Proceeds and (b) permanently reduce the Commitments in an
aggregate principal amount equal to such Net Cash Proceeds; provided that in the
case of each clause (a) and (b), to the extent Section 9.14(n)(y) is applicable
to such prepayment and permanent reduction, the amount required to be prepaid or
permanently reduced shall be subject to the requirements set forth therein.”
2.06. Section 9.14 of the Credit Agreement is amended as follows:
(a) clause (k) therein is replaced in its entirety to read as follows:
“(k) carrier’s, warehouseman’s, hangar keeper’s, mechanic’s, repairer’s,
landlord’s and materialmen’s Liens, Liens for Taxes, assessments and other
governmental charges and other Liens arising in the ordinary course of business,
by operation or law or under customary terms of repair or modification
agreements or any engine or parts-pooling arrangements, securing obligations
that are not incurred in connection with the obtaining of any advance or credit
and which are either not overdue or are being contested in good faith and by
appropriate proceedings diligently pursued;”
(b) the following new clauses “(l) through (m)” are inserted therein and clause
“(l)” is re-designated as new clause “(o)”:
     ”(l) Liens securing obligations of the Company and its Subsidiaries under
the Five-Year Revolving Credit Agreement dated as of October 13, 2006, as
Amendment No. 2 to 2010 Facility

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amended, among the Company, Citicorp USA Inc., as administrative agent
thereunder and the banks and financial institutions party thereto;
     (m) Liens securing the Other Term Loans;
     (n) Liens securing Indebtedness incurred or issued by the Company or any
Subsidiary after the Amendment No. 2 Effective Date so long as the Net Cash
Proceeds from such Indebtedness are applied (x) pursuant to Section 5.3 to
prepay Committed Loans outstanding hereunder and terminate and permanently
reduce the Commitments in connection therewith or (y) to prepay the Other Term
Loans so long as, in the case of prepayments pursuant to this clause (y),
Committed Loans shall have been prepaid (or shall simultaneously be prepaid and
the Commitments in respect thereof terminated and permanently reduced) in the
aggregate by a principal amount equal to the aggregate principal amount of the
Other Term Loans so prepaid; and”.
          Section 3. Representations and Warranties. The Company represents and
warrants to the Banks and the Agent that (a) the representations and warranties
of the Company set forth in Section 8 of the Credit Agreement are true and
correct in all material respects on the date hereof (other than with respect to
any representation and warranty that expressly relates to an earlier date, in
which case such representation and warranty shall be true and correct in all
material respects as of such earlier date) as if made on and as of the date
hereof and as if each reference in said Section 8 to “this Agreement” included
reference to this Amendment No. 2 and to the Credit Agreement as amended by this
Amendment No. 2 (and the Company agrees that it shall be an Event of Default
under Section 11.1.5 of the Credit Agreement if any representation or warranty
in this Amendment No. 2 is untrue or misleading in any material respect when
made), and (b) as of the date hereof, no Unmatured Event of Default or Event of
Default has occurred and is continuing.
          Section 4. Miscellaneous. Except as herein provided, the Credit
Agreement shall remain unchanged and in full force and effect. This Amendment
No. 2 may be executed in any number of counterparts, all of which taken together
shall constitute one and the same amendatory instrument and any of the parties
hereto may execute this Amendment No. 2 by signing any such counterpart.
Delivery of an executed counterpart of a signature page to this Amendment No. 2
by facsimile or other electronic communication shall be effective as delivery of
a manually executed counterpart of this Amendment. This Amendment No. 2 shall be
governed by, and construed in accordance with, the law of the State of New York.
Amendment No. 2 to 2010 Facility

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          IN WITNESS WHEREOF, the parties hereto have caused this Amendment
No. 2 to be duly executed and delivered as of the day and year first above
written.

            INTERNATIONAL LEASE FINANCE CORPORATION
      By:   /s/ Frederick S. Cromer         Name:   Frederick S. Cromer       
Title:   Chief Financial Officer     

                  By:   /s/ Pamela S. Hendry         Name:   Pamela S. Hendry   
    Title:   Senior Vice President & Treasurer     

            AGENT

CITICORP USA, INC.
      By:   /s/ Maureen P. Maroney         Name:   Maureen P. Maroney       
Title:   Authorized Signatory     

            BANKS

CITICORP USA, INC.
      By:   /s/ Maureen P. Maroney         Name:   Maureen P. Maroney       
Title:   Authorized Signatory     

Amendment No. 2 to 2010 Facility

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            BANK OF AMERICA, N.A.
      By:   /s/ Sean A. Tobias         Name:   Sean A. Tobias        Title:  
Senior Vice President     

Amendment No. 2 to 2010 Facility

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            BANK OF AMERICA, N.A., as successor by merger to
Merrill Lynch Bank USA
      By:   /s/ Sean A. Tobias         Name:   Sean A. Tobias        Title:  
Senior Vice President     

Amendment No. 2 to 2010 Facility

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            Mizuho Corporate Bank, Ltd.
      By:   /s/ Toru Inoue         Name:   Toru Inoue        Title:   Deputy
General Manager     

Amendment No. 2 to 2010 Facility

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            CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH
FKA CREDIT SUISSE, CAYMAN ISLANDS BRANCH
      By:   /s/ Jay Chall         Name:   Jay Chall        Title:   Director   
 

                  By:   /s/ Kevin Buddhdew         Name:   Kevin Buddhdew       
Title:   Associate     

Amendment No. 2 to 2010 Facility

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            LEHMAN BROTHERS COMMERCIAL BANK
      By:   /s/ Gary Murray         Name:   Gary Murray        Title:   Chief
Credit Officer     

Amendment No. 2 to 2010 Facility

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            BANK OF MONTREAL
      By:   /s/ Sue Blazis         Name:   Sue Blazis        Title:   Vice
President     

Amendment No. 2 to 2010 Facility

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            THE BANK OF NEW YORK MELLON
      By:   /s/ Gordon Berger         Name:   Gordon Berger        Title:  
Managing Director     

Amendment No. 2 to 2010 Facility

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            WELLS FARGO BANK, N.A.
      By:   /s/ Sandy Yeh         Name:   Sandy Yeh        Title:   Vice
President     

            Sumitomo Mitsui Banking Corporation
      By:   /s/ Yoshihiro Hyakutome         Name:   Yoshihiro Hyakutome       
Title:   General Manager     

            Intesa Sanpaolo S.p.A.
      By:   /s/ Robert Wurster         Name:   Robert Wurster        Title:  
SVP     

                  By:   /s/ Francesco Di Mario         Name:   Francesco Di
Mario        Title:   FVP     

Amendment No. 2 to 2010 Facility

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            Societe Generale
      By:   /s/ Carol Radice         Name:   Carol Radice        Title:  
Director     

Amendment No. 2 to 2010 Facility

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            The Bank of Nova Scotia
      By:   /s/ Todd Meller         Name:   Todd Meller        Title:   Managing
Director     

Amendment No. 2 to 2010 Facility

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            UBS AG, Stamford Branch
      By:   /s/ Irja R. Otsa         Name:   Irja R. Otsa        Title:  
Associate Director     

                  By:   /s/ Mary E. Evans         Name:   Mary E. Evans       
Title:   Associate Director     

Amendment No. 2 to 2010 Facility

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            Standard Chartered Bank
      By:   /s/ James Conti         Name:   James Conti        Title:  
Director     

                  By:   /s/ Robert Reddington         Name:   Robert Reddington 
      Title:   Credit Documentation Manager     

Amendment No. 2 to 2010 Facility

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            JPMORGAN CHASE BANK, N.A.
      By:   /s/ Matthew H. Massie         Name:   Matthew H. Massie       
Title:   Managing Director     

Amendment No. 2 to 2010 Facility

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            Royal Bank of Canada
      By:   /s/ Howard Lee         Name:   Howard Lee        Title:   Authorized
Signatory     

Amendment No. 2 to 2010 Facility

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            BNP PARIBAS
      By:   /s/ Marguerite L. Ledon         Name:   Marguerite L. Ledon       
Title:   Vice President     

                  By:   /s/ Joseph M. Malley         Name:   Joseph M. Malley   
    Title:   Managing Director     

Amendment No. 2 to 2010 Facility

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            The Bank of Tokyo-Mitsubishi UFJ. Ltd., New York
Branch
      By:   /s/ David Noda         Name:   David Noda        Title:   VP &
Manager     

Amendment No. 2 to 2010 Facility

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            HSBC Bank (USA), N.A.
      By:   /s/ Paul Silvester         Name:   Paul Silvester        Title:  
MD, Deputy Head of FIG U.S.     

Amendment No. 2 to 2010 Facility

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            DEUTSCHE BANK AG NEW YORK BRANCH
      By:   /s/ John McGill         Name:   John McGill        Title:  
Director     

                  By:   /s/ Michael Campites         Name:   Michael Campites   
    Title:   Vice President     

Amendment No. 2 to 2010 Facility

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            Barclays Bank PLC
      By:   /s/ Kevin Cullen         Name:   Kevin Cullen        Title:  
Director     

Amendment No. 2 to 2010 Facility

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            BANK OF SCOTLAND PLC (formerly The Governor and
Company of the Bank of Scotland)
      By:   /s/ Victoria Goodenough         Name:   Victoria Goodenough       
Title:   Director, The Americas, Aircraft Finance     

Amendment No. 2 to 2010 Facility

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            Lloyds TSB Bank Plc
      By:   /s/ Susanne Hughes         Name:   Susanne Hughes        Title:  
Senior Vice President     

                  By:   /s/ Nick Bruce         Name:   Nick Bruce       
Title:   Managing Director     

Amendment No. 2 to 2010 Facility

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