UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    FORM 10-Q



     [x ] Quarterly  Report  Pursuant  to Section 13 or 15(d) of the  Securities
Exchange Act of 1934

For the quarterly period ended              September 30, 2003
                              --------------------------------------------------

     [ ]  Transition  Report  Pursuant to Section 13 or 15(d) of the  Securities
Exchange Act of 1934

Commission File Number                  333-103503
                      ----------------------------------------------------------

                            ICON Income Fund Ten, LLC
--------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)


         Delaware                                        35-2193184
--------------------------------------------------------------------------------
(State or other jurisdiction of             (IRS Employer Identification Number)
incorporation or organization)


 100 Fifth Avenue, 10th floor, New York, New York              10011
--------------------------------------------------------------------------------
(Address of principal executive offices)                     (Zip Code)


                                 (212) 418-4700
               Registrant's telephone number, including area code



Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days. [x] Yes [ ] No

Indicate  by check mark  whether  the  registrant  is an  accelerated  filer (as
defined in Exchange Act Rule 12b-2). [ ] Yes [x] No
<PAGE>



PART I - FINANCIAL INFORMATION

Item 1.  Financial Statements


                            ICON Income Fund Ten, LLC
                     (A Delaware Limited Liability Company)

                             Condensed Balance Sheet

                               September 30, 2003

                                   (unaudited)


   Assets
   ------

Cash and cash equivalents                                         $ 4,232,310
                                                                  -----------

Investment in operating leases
   Equipment at cost                                                2,880,000
   Accumulated depreciation                                           (54,855)
                                                                  -----------

                                                                    2,825,145
                                                                  -----------

Equipment held for sale or lease, net                                 706,330
                                                                  -----------

Total assets                                                      $ 7,763,785
                                                                  ===========

   Liabilities and Members' Equity
   -------------------------------

Security Deposits                                                 $   150,000
Due to Manager                                                        174,929
                                                                  -----------

   Total liabilities                                                  324,929
                                                                  -----------

Commitments and Contingencies

Members' equity
   Manager                                                                514
   Additional members (9,358.099 shares outstanding, $1,000
     per share original issue price)                                7,438,342
                                                                  -----------

   Total members' equity                                            7,438,856
                                                                  -----------

Total liabilities and members' equity                             $ 7,763,785
                                                                  ===========






See accompanying notes to condensed financial statements.
<PAGE>

                            ICON Income Fund Ten, LLC
                     (A Delaware Limited Liability Company)

                        Condensed Statement of Operations

 Period from August 22, 2003 (Commencement of Operations) to September 30, 2003

                                   (unaudited)



Revenues
   Rental income                                                  $    91,930
   Interest income                                                      2,856
                                                                  -----------

   Total revenues                                                      94,786
                                                                  -----------

Expenses
   Depreciation expense                                                68,525
   General and administrative                                          30,647
                                                                  -----------

   Total expenses                                                      99,172
                                                                  -----------

Net loss                                                          $    (4,386)
                                                                  ===========

Net loss allocable to:
   Managing member                                                $       (44)
   Additional members                                                  (4,342)
                                                                  -----------

                                                                  $    (4,386)
                                                                  ===========

Weighted average number of additional member
   shares outstanding                                                   7,259
                                                                  ===========

Net loss per weighted average additional
   member shares                                                  $     (0.60)
                                                                  ===========



















See accompanying notes to condensed financial statements.
<PAGE>

                            ICON Income Fund Ten, LLC
                     (A Delaware Limited Liability Company)

                Condensed Statement of Changes in Members' Equity

 Period from August 22, 2003 (Commencement of Operations) to September 30, 2003

                                   (unaudited)


<TABLE>
<CAPTION>


                                 Additional Members Distributions
                                 -------------------------------

                                      Return of    Investment         Additional      Managing
                                       Capital       Income             Members        Member           Total
                                       -------       ------             -------        ------           -----
                                (Per weighted average share)

<S>                                   <C>           <C>            <C>              <C>           <C>
Balance at August 22, 2003                                         $       -        $      1,000  $        1,000

Proceeds from issuance of additional
  members shares (9,358.099 shares)                                      9,358,099           -         9,358,099

Formation, sales and offering expenses                                  (1,871,620)          -        (1,871,620)

Cash distributions to members         $  6.03       $    -                 (43,795)         (442)        (44,237)

Net loss                                                                    (4,342)          (44)         (4,386)
                                                                   ---------------  ------------  --------------

Balance at
   September 30, 2003                                              $     7,438,342  $        514  $    7,438,856
                                                                   ===============  ============  ==============

</TABLE>


























See accompanying notes to condensed financial statements.
<PAGE>

                            ICON Income Fund Ten, LLC
                     (A Delaware Limited Liability Company)

                        Condensed Statement of Cash Flow

 Period from August 22, 2003 (Commencement of Operations) to September 30, 2003

                                   (unaudited)

<TABLE>
<CAPTION>


<S>                                                                      <C>
Cash flows from operating activities:
   Net loss                                                              $    (4,386)
                                                                         -----------
   Adjustments to reconcile net loss to
     net cash provided by operating activities:
        Depreciation                                                          68,525
        Changes in operating asset and liabilities, net                      174,929
                                                                         -----------

         Total adjustments                                                   243,454
                                                                         -----------

   Net cash provided by operating activities                                 239,068
                                                                         -----------

Cash flows from investing activities:
   Investment in operating leases,
     net of security deposits assumed                                     (2,730,000)
   Investment in equipment held
     for sale or lease                                                      (720,000)
                                                                         -----------

   Net cash used in investing activities                                  (3,450,000)
                                                                         -----------

Cash flows from financing activities:
   Issuance of additional membership shares, net
     of offering expenses                                                  7,486,479
   Cash distributions to members                                             (44,237)
                                                                         -----------

   Net cash provided by financing activities                               7,442,242
                                                                         -----------

Net increase in cash and cash equivalents                                  4,231,310
                                                                         -----------

Cash and cash equivalents at beginning of period                               1,000
                                                                         -----------

Cash and cash equivalents at end of period                               $ 4,232,310
                                                                         ===========

</TABLE>












See accompanying notes to condensed financial statements.
<PAGE>


                            ICON Income Fund Ten, LLC
                     (A Delaware Limited Liability Company)

                     Notes to Condensed Financial Statements

                               September 30, 2003
                                   (unaudited)

1.   Basis of Presentation

     The condensed financial statements of ICON Income Fund Ten, LLC (the "LLC")
have been prepared  pursuant to the rules and  regulations of the Securities and
Exchange  Commission (the "SEC") and, in the opinion of management,  include all
adjustments  (consisting only of normal recurring accruals) necessary for a fair
statement  of results for the period  shown.  Certain  information  and footnote
disclosures  normally  included in financial  statements  prepared in accordance
with accounting  principles  generally  accepted in the United States of America
have been  condensed  or  omitted  pursuant  to such SEC rules and  regulations.
Management  believes  that  the  disclosures  made  are  adequate  to  make  the
information presented not misleading. The results for the interim period are not
necessarily indicative of the results for the full year.

2.   Organization

     The LLC was  formed on  January  2, 2003 as a  Delaware  Limited  Liability
Company.  The  initial  capitalization  of the LLC was  $1,000  by the  Managing
Member. The LLC will continue until December 31, 2023, unless terminated sooner.
The LLC is offering  membership  interests  on a "best  efforts"  basis with the
intention  of raising up to  $150,000,000  of  capital.  The LLC had its initial
closing  on August  22,  2003 when it  admitted  5,065.736  additional  members,
representing  $5,065,736 in capital contributions.  As of September 30, 2003 the
LLC had admitted a further 4,292.363 additional members, representing $4,292,363
in  capital   contributions,   bringing  the  total  capital  contributions  and
additional member shares to $9,358,099 and 9,358.099, respectively.

     With the proceeds from membership interests sold, the LLC intends to invest
in  equipment  subject  to leases  and in  residual  ownership  rights in leased
equipment  and  establish a cash  reserve as  described  more fully in the LLC's
prospectus.  The Manager of the LLC is ICON Capital  Corp.  (the  "Manager"),  a
Connecticut  corporation.  The  Manager  will  acquire the assets and manage the
business of the LLC.

3.  Significant Accounting Policies

     The policies  discussed  below are considered by the Managing  Member to be
critical to an  understanding  of the LLC's financial  statements  because their
application  places  the  most  significant  demands  on the  Managing  Member's
judgments,  with financial  reporting  results  relying on estimation  about the
effects of  matters  that are  inherently  uncertain.  Specific  risks for these
critical accounting policies are described in the following paragraphs.  For all
of these  policies,  the Managing  Member  cautions  that future  events  rarely
develop  exactly  as  forecast,   and  the  best  estimates   routinely  require
adjustment.

     Basis of Accounting and  Presentation - The LLC's records are maintained on
the accrual basis.  The  preparation of financial  statements in conformity with
accounting  principles  generally  accepted  in the  United  States  of  America
requires  management to make estimates and assumptions  that affect the reported
amounts of assets and  liabilities at the dates of the financial  statements and
revenues  and  expenses  during the  reporting  periods.  Significant  estimates
include  the  allowance  for  doubtful  accounts,   estimated  useful  lives  of
equipment,  equipment  valuation and unguaranteed  residual  values.  Management
believes that the estimates and assumptions  utilized in preparing its condensed
financial  statements are  reasonable  and prudent.  Actual results could differ
from those estimates. In addition, management is required to disclose contingent
assets and contingent liabilities.

     Cash and cash  equivalents - Cash and cash  equivalents are defined as cash
in banks and highly liquid  investments  with original  maturity  dates of three
months or less. The LLC's cash and cash  equivalents are held principally at one
financial institution and at times may exceed insured limits.
<PAGE>

                            ICON Income Fund Ten, LLC
                     (A Delaware Limited Liability Company)

               Notes to Condensed Financial Statements - Continued

     Leases and  Revenue  Recognition  - The LLC  accounts  for owned  equipment
leased to third parties as finance leases or operating  leases,  as appropriate.
For finance leases,  the LLC records,  at the inception of the lease,  the total
minimum lease payments receivable,  the estimated  unguaranteed residual values,
the initial direct costs related to the leases and the related  unearned income.
Unearned income  represents the difference  between the sum of the minimum lease
payments receivable plus the estimated  unguaranteed  residual minus the cost of
the leased  equipment.  Unearned income is recognized as finance income over the
terms of the related  leases using the interest  method.  For operating  leases,
equipment is recorded at cost and is  depreciated  on the  straight-line  method
over  the  lease  terms  to  their   estimated   fair  market  values  at  lease
terminations.  Related lease rentals are  recognized on the straight line method
over the lease terms. Initial direct costs of finance leases are capitalized and
are amortized  over the terms of the related  leases using the interest  method.
Initial direct costs of operating  leases are  capitalized  and amortized on the
straight-line method over the lease terms.

     Impairment of Estimated  Residual Values - The LLC's policy with respect to
impairment of estimated  residual values is to review,  on a periodic basis, the
carrying  value of its  residuals  on an  individual  asset  basis to  determine
whether events or changes in  circumstances  indicate that the carrying value of
an asset may not be recoverable  and,  therefore,  an impairment  loss should be
recognized. The events or changes in circumstances which generally indicate that
the  residual  value of an asset has been  impaired are (i) the  estimated  fair
value of the underlying  equipment is less than the LLC's carrying value or (ii)
the lessee is experiencing  financial difficulties and it does not appear likely
that the estimated  proceeds from disposition of the asset will be sufficient to
satisfy  the  remaining  obligation  to the  non-recourse  lender  and the LLC's
residual  position.  Generally in the latter  situation,  the residual  position
relates to equipment subject to third party non-recourse notes payable where the
lessee remits their rental payments  directly to the lender and the LLC does not
recover its residual until the non-recourse note obligation is repaid in full.

     The LLC  measures its  impairment  loss as the amount by which the carrying
amount of the residual  value exceeds the  estimated  proceeds to be received by
the  LLC  from  re-lease  or  sale  of the  equipment.  Generally,  third  party
appraisals,  reviews of future cash flows and anticipated  future cash flows and
detailed  market  analyses  are  used as the  basis  for  measuring  whether  an
impairment loss should be recognized.

     Allowance for Doubtful  Accounts - The LLC records a provision for doubtful
accounts to provide for estimated credit losses in its portfolio.  The allowance
for doubtful  accounts is based on an analysis of delinquency,  an assessment of
overall risk and a review of historical  loss  experience.  The LLC's  write-off
policy is based on an analysis of the aging of the LLC's portfolio,  a review of
the non-performing  receivables and leases, and prior collection experience.  An
account is fully  reserved for or written off when the analysis  indicates  that
the probability of collection of the account is remote.

     Weighted  Average  Number of Additional  Shares  Outstanding - The weighted
average number of additional  member shares  outstanding is calculated as of the
operations commencement date, August 22, 2003.

4.   Investment in Operating Lease and Equipment Held for Sale or Lease

     During the quarter ended  September 30, 2003,  the LLC purchased  equipment
subject to leases for $3,600,000 in cash.  The equipment  consists of Boeing 767
aircraft  rotables  and  accessories,  of which  80% is on lease to  Flugfelagid
Atlanta hf, d/b/a Air Atlanta  Icelandic ("Air Atlanta") with an expiration date
of November 30, 2004.  The  remaining  20% was until  recently on lease with Air
Atlanta  and is as of the end of the  Quarter  being held for sale or lease at a
net book value of $706,330.
<PAGE>

                            ICON Income Fund Ten, LLC
                     (A Delaware Limited Liability Company)

               Notes to Condensed Financial Statements - Continued

5.  Related Party Transactions

     Fees  and  expenses  paid  or  accrued  by the  LLC to the  Manager  or its
affiliates were as follows for the period ended September 30, 2003:



Formation fees                         $    608,276    Charged to members equity
Offering expenses                           327,533    Charged to members equity
Underwriting commissions                    187,162    Charged to members equity
                                       ------------

Total                                  $  1,122,971
                                       ============

<PAGE>




                            ICON Income Fund Ten, LLC
                     (A Delaware Limited Liability Company)

                               September 30, 2003

      Item 2. Manager's Discussion and Analysis of Financial Condition and
Results of Operations

   Results of Operations for the Period from August 22, 2003 (Commencement of
                       Operations) to September 30, 2003

     The LLC  commenced  operations  on August 22,  2003 with the  admission  of
5,065.736 additional members.

     The LLC purchased  equipment  subject to leases for $3,600,000 in cash. The
equipment consists of Boeing 767 aircraft rotables and accessories, of which 80%
is on lease to  Flugfelagid  Atlanta  hf,  d/b/a  Air  Atlanta  Icelandic  ("Air
Atlanta")  with an expiration  date of November 30, 2004.  The remaining 20% was
until  recently  on lease with Air  Atlanta  and is as of the end of the Quarter
being held for sale or lease at a net book value of $706,330.

     Revenues for the period ended September 30, 2003 were $94,786  comprised of
rental income of $91,930 and interest income of $2,856.  Expenses for the period
ended  September  30, 2003 were  $99,172  comprised of  depreciation  expense of
$68,525 and general and administrative expenses of $30,647.

     Net loss for the period ended  September 30, 2003 was $4,386.  The net loss
per  weighted  average  additional  members  shares was $0.60.  The  revenue and
expenses for the period were  consistent  with the LLC's level of activity based
upon the transactions completed.

Liquidity and Capital Resources

     Management  anticipates  that  the LLC  will  continue  to sell  membership
interests and expects to admit  additional  members by year end. The LLC had its
first admission of additional  members on August 22, 2003 and through  September
30, 2003, had admitted additional members representing 9,358.099 shares totaling
gross  proceeds of  $9,358,099,  from which  $1,871,620  was used for formation,
sales and offering expenses.

     The LLC purchased  equipment  subject to leases for $3,600,000 in cash. The
equipment consists of Boeing 767 aircraft rotables and accessories, of which 80%
is on lease to  Flugfelagid  Atlanta  hf,  d/b/a  Air  Atlanta  Icelandic  ("Air
Atlanta")  with an expiration  date of November 30, 2004.  The remaining 20% was
until  recently  on lease with Air  Atlanta  and is as of the end of the Quarter
being held for sale or lease at a net book value of $706,330.

     As  of  September  30,  2003,  there  were  no  known  trends  or  demands,
commitments,  events or uncertainties which are likely to have a material effect
on liquidity.  As cash is realized from the  continued  offering,  operations or
borrowings,  the LLC will continue to invest in  transactions,  while  retaining
sufficient cash to meet its reserve requirements and recurring obligations.

Item 3.  Qualitative and Quantitative Disclosures About Market Risk

     The LLC is exposed to certain market risks,  including  changes in interest
rates and the demand for equipment (and the related residuals) owned by the LLC.
Except as described  below,  the LLC believes its exposure to other market risks
are insignificant to both its financial position and results of operations.

     The LLC manages its interest rate risk by obtaining  fixed rate debt either
directly or through its joint ventures.  The fixed rate debt service obligations
are matched with fixed rate lease receivable streams generated by the leases.

     The LLC manages its exposure to equipment  and residual  risk by monitoring
the market and maximizing remarketing proceeds received through re-lease or sale
of equipment.
<PAGE>


                            ICON Income Fund Ten, LLC
                     (A Delaware Limited Liability Company)

                               September 30, 2003

Item 4.   Controls and Procedures

     Beaufort  J.B.  Clarke and Thomas W. Martin,  the  Principal  Executive and
Principal Financial Officers,  respectively,  of ICON Capital Corp. ("ICC"), the
Manager of the LLC, have evaluated the disclosure controls and procedures of the
LLC as of the  quarter  ended  September  30,  2003.  As used  herein,  the term
"disclosure  controls and  procedures" has the meaning given to the term by Rule
13a-14 under the Securities  Exchange Act of 1934, as amended  ("Exchange Act"),
and includes the controls and other  procedures  of the LLC that are designed to
ensure that information  required to be disclosed by the LLC in the reports that
it files with the SEC under the Exchange Act is recorded, processed,  summarized
and reported within the time periods  specified in the SEC's rules and forms. As
part of their evaluation,  Messrs.  Clarke and Martin conferred with the finance
and  accounting  staff  of ICC and the  finance  and  accounting  staff  of ICON
Holdings Corp., the parent of ICC.

     Based upon their evaluation,  Messrs. Clarke and Martin have concluded that
the LLC's disclosure  controls and procedures provide reasonable  assurance that
the information  required to be disclosed by the LLC in this report is recorded,
processed,  summarized  and reported  within the time  periods  specified in the
SEC's rules and forms applicable to the preparation of this report.

     There have been no significant changes in the LLC's internal controls or in
other  factors  that  could  significantly  affect the LLC's  internal  controls
subsequent  to the  evaluation  described  above  conducted  by ICC's  principal
executive and financial officers.
<PAGE>

                            ICON Income Fund Ten, LLC
                     (A Delaware Limited Liability Company)


PART II - OTHER INFORMATION
---------------------------

Item 1 - Legal Proceedings

     The LLC, from time-to-time,  in the ordinary course of business,  commences
legal actions when necessary to protect or enforce the rights of the LLC. We are
not a  defendant  party to any  litigation  and are not aware of any  pending or
threatened litigation against the LLC.

Item 6 - Exhibits and Reports on Form 8-K

(a)  Exhibits

     32.1 Certification of Chairman and Chief Executive Officer.

     32.2 Certification of Executive Vice President and Principal  Financial and
          Accounting Officer.

     33.1 Certification  of Chairman and Chief Executive  Officer pursuant to 18
          U.S.C.  (Section)1350,  as  adopted  pursuant  to  Section  906 of the
          Sarbanes-Oxley Act of 2002.

     33.2 Certification of Executive Vice President and Principal  Financial and
          Accounting  Officer  pursuant to 18 U.S.C.  (Section)1350,  as adopted
          pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
<PAGE>

                            ICON Income Fund Ten, LLC
                     (A Delaware Limited Liability Company)



                                   SIGNATURES



     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.

                                     ICON Income Fund Ten, LLC
                                     File No. 333-103503 (Registrant)
                                     By its Manager,
                                     ICON Capital Corp.



       November 14, 2003            /s/ Thomas W. Martin
       -----------------            ------------------------------------
           Date                     Thomas W. Martin
                                    Executive Vice President
                                    (Principal Financial and Accounting Officer)
                                    ICON Capital Corp.
                                    Manager of ICON Income Fund Ten, LLC
<PAGE>

                              Certifications - 10-Q
                              ---------------------

EXHIBIT 32.1

I, Beaufort J.B. Clarke, certify that:

1.   I have reviewed this quarterly report of ICON Income Fund Ten, LLC;

2.   Based on my knowledge, this report does not contain any untrue statement of
     a material  fact or omit to state a  material  fact  necessary  to make the
     statements made, in light of the circumstances  under which such statements
     were made,  not  misleading  with  respect  to the  period  covered by this
     report;

3.   Based on my  knowledge,  the  financial  statements,  and  other  financial
     information  included  in  this  report,  fairly  present  in all  material
     respects the financial  condition,  results of operations and cash flows of
     the LLC as of, and for, the periods presented in this report;

4.   The LLC's other  certifying  officer and I are responsible for establishing
     and maintaining  disclosure controls and procedures (as defined in Exchange
     Act Rules  13a-15(e) and  15d-15(e))  and internal  control over  financial
     reporting (as defined in Exchange Act Rules  13a-15(f) and  15d-15(f))  for
     the LLC and have:

     (a)  Designed  such  disclosure  controls  and  procedures,  or caused such
          disclosure   controls  and   procedures  to  be  designed   under  our
          supervision,  to ensure that material information relating to the LLC,
          including its consolidated subsidiaries, is made known to us by others
          within those  entities,  particularly  during the period in which this
          report is being prepared;

     (b)  Designed such internal  control over  financial  reporting,  or caused
          such internal  control over  financial  reporting to be designed under
          our  supervision,   to  provide  reasonable  assurance  regarding  the
          reliability  of financial  reporting and the  preparation of financial
          statements for external purposes in accordance with generally accepted
          accounting principles;

     (c)  Evaluated  the  effectiveness  of the LLC's  disclosure  controls  and
          procedures  and  presented  in this report our  conclusions  about the
          effectiveness of the disclosure controls and procedures, as of the end
          of the period covered by this report based on such evaluation; and

     (d)  Disclosed in this report any change in the LLC's internal control over
          financial  reporting that occurred during the LLC's most recent fiscal
          quarter  that has  materially  affected,  or is  reasonably  likely to
          materially   affect,   the  LLC's  internal   control  over  financial
          reporting; and

5.   The LLC's other certifying officer and I have disclosed,  based on our most
     recent  evaluation of internal  control over  financial  reporting,  to the
     LLC's auditors and the audit  committee of the LLC's board of directors (or
     persons performing the equivalent functions):

     (a)  All significant  deficiencies and material weaknesses in the design or
          operation  of internal  control  over  financial  reporting  which are
          reasonably  likely to  adversely  affect the LLC's  ability to record,
          process, summarize and report financial information; and

     (b)  Any fraud, whether or not material,  that involves management or other
          employees who have a significant  role in the LLC's  internal  control
          over financial reporting.

Dated:  November 14, 2003

/s/ Beaufort J.B. Clarke
-----------------------------
Beaufort J. B. Clarke
Chairman and Chief Executive Officer
ICON Capital Corp.
Manager of ICON Income Fund Ten, LLC
<PAGE>


                              Certifications - 10-Q
                              ---------------------

EXHIBIT 32.2

I, Thomas W. Martin, certify that:

1.   I have reviewed this quarterly report of ICON Income Fund Ten, LLC;

2.   Based on my knowledge, this report does not contain any untrue statement of
     a material  fact or omit to state a  material  fact  necessary  to make the
     statements made, in light of the circumstances  under which such statements
     were made,  not  misleading  with  respect  to the  period  covered by this
     report;

3.   Based on my  knowledge,  the  financial  statements,  and  other  financial
     information  included  in  this  report,  fairly  present  in all  material
     respects the financial  condition,  results of operations and cash flows of
     the LLC as of, and for, the periods presented in this report;

4.   The LLC's other  certifying  officer and I are responsible for establishing
     and maintaining  disclosure controls and procedures (as defined in Exchange
     Act Rules  13a-15(e) and  15d-15(e))  and internal  control over  financial
     reporting (as defined in Exchange Act Rules  13a-15(f) and  15d-15(f))  for
     the LLC and have:

     (a)  Designed  such  disclosure  controls  and  procedures,  or caused such
          disclosure   controls  and   procedures  to  be  designed   under  our
          supervision,  to ensure that material information relating to the LLC,
          including its consolidated subsidiaries, is made known to us by others
          within those  entities,  particularly  during the period in which this
          report is being prepared;

     (b)  Designed such internal  control over  financial  reporting,  or caused
          such internal  control over  financial  reporting to be designed under
          our  supervision,   to  provide  reasonable  assurance  regarding  the
          reliability  of financial  reporting and the  preparation of financial
          statements for external purposes in accordance with generally accepted
          accounting principles;

     (c)  Evaluated  the  effectiveness  of the LLC's  disclosure  controls  and
          procedures  and  presented  in this report our  conclusions  about the
          effectiveness of the disclosure controls and procedures, as of the end
          of the period covered by this report based on such evaluation; and

     (d)  Disclosed in this report any change in the LLC's internal control over
          financial  reporting that occurred during the LLC's most recent fiscal
          quarter  that has  materially  affected,  or is  reasonably  likely to
          materially   affect,   the  LLC's  internal   control  over  financial
          reporting; and

5.   The LLC's other certifying officer and I have disclosed,  based on our most
     recent  evaluation of internal  control over  financial  reporting,  to the
     LLC's auditors and the audit  committee of the LLC's board of directors (or
     persons performing the equivalent functions):

     (a)  All significant  deficiencies and material weaknesses in the design or
          operation  of internal  control  over  financial  reporting  which are
          reasonably  likely to  adversely  affect the LLC's  ability to record,
          process, summarize and report financial information; and

     (b)  Any fraud, whether or not material,  that involves management or other
          employees who have a significant  role in the LLC's  internal  control
          over financial reporting.

Dated:  November 14, 2003

/s/ Thomas W. Martin
----------------------------------------
Thomas W. Martin
Executive Vice President
(Principal Financial and Accounting Officer)
ICON Capital Corp.
Manager of ICON Income Fund Ten, LLC

<PAGE>

                            ICON Income Fund Ten, LLC
                     (A Delaware Limited Liability Company)

                               September 30, 2003

EXHIBIT 33.1

     I,  Beaufort  J.B.  Clarke,  Chairman and Chief  Executive  Officer of ICON
Capital  Corp,  the Manager of ICON Income Fund Ten, LLC,  certify,  pursuant to
Section 906 of the Sarbanes-Oxley Act of 2002, that:

(1)  the Quarterly  Report on Form 10-Q for the period ended  September 30, 2003
     (the "Periodic  Report") which this  statement  accompanies  fully complies
     with the  requirements  of Section 13(a) of the Securities  Exchange Act of
     1934 (15 U.S.C. 78m) and

(2)  information  contained  in the  Periodic  Report  fairly  presents,  in all
     material  respects,  the  financial  condition and results of operations of
     ICON Income Fund Ten, LLC.

Dated:  November 14, 2003



                     /s/ Beaufort J.B. Clarke
                     ------------------------------------------------------
                     Beaufort J.B. Clarke
                     Chairman and Chief Executive Officer
                     ICON Capital Corp.
                     Manager of ICON Income Fund Ten, LLC

<PAGE>

                            ICON Income Fund Ten, LLC
                     (A Delaware Limited Liability Company)

                               September 30, 2003


EXHIBIT 33.2

     I, Thomas W. Martin,  Executive  Vice  President  (Principal  Financial and
Accounting  Officer) of ICON Capital Corp,  the Manager of ICON Income Fund Ten,
LLC, certify, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

     (1) the  Quarterly  Report on Form 10-Q for the period ended  September 30,
2003 (the "Periodic  Report") which this  statement  accompanies  fully complies
with the  requirements  of Section 13(a) of the Securities  Exchange Act of 1934
(15 U.S.C. 78m) and

     (2) information  contained in the Periodic Report fairly  presents,  in all
material  respects,  the  financial  condition and results of operations of ICON
Income Fund Ten, LLC.

Dated:  November 14, 2003



                  /s/ Thomas W. Martin
                  -------------------------------------------------------
                  Thomas W. Martin
                  Executive Vice President
                  (Principal Financial and Accounting Officer)
                  ICON Capital Corp.
                  Manager of ICON Income Fund Ten, LLC