Document:

al_Ex_10_10

		

			Exhibit 10.10

		

		

			 

		

		

			Execution Version

		

		

			 

		

		
			NEW LENDER SUPPLEMENT
		

		
			 
		

		
			SUPPLEMENT, dated as of May 27, 2016, to the Second Amended and Restated Credit Agreement, dated as of May 5, 2014, as amended by the First Amendment dated as of June 1, 2015, by the Second Amendment dated as of May 27, 2016 and as further amended, supplemented or otherwise modified from time to time (the “Credit Agreement”) among AIR LEASE CORPORATION, a Delaware corporation (the “Borrower”), the several banks and other financial institutions or entities from time to time parties thereto (the “Lenders”), and JPMORGAN CHASE BANK, N.A., as administrative agent (the “Administrative Agent”).
		

		
			 
		

		
			W I T N E S S E T H:
		

		
			 
		

		
			WHEREAS, the Credit Agreement provides in Section 2.1(c) thereof that any bank, financial institution or other entity may become a party to the Credit Agreement with the consent of the Borrower and the Administrative Agent (which consent of the Administrative Agent shall not be unreasonably withheld) by executing and delivering to the Borrower and the Administrative Agent a supplement to the Credit Agreement in substantially the form of this Supplement; and
		

		
			 
		

		
			WHEREAS, each of the undersigned now desires to become a party to the Credit Agreement;
		

		
			 
		

		
			NOW, THEREFORE, each of the undersigned hereby agrees as follows:
		

		
			 
		

		
			1.           Each of the undersigned agrees to be bound by the provisions of the Credit Agreement, and agrees that it shall, on the date this Supplement is accepted by the Borrower and the Administrative Agent (or on such other date as may be agreed upon among the undersigned, the Borrower and the Administrative Agent), become a Lender for all purposes of the Credit Agreement to the same extent as if originally a party thereto, with a Commitment as specified on Annex A hereto.
		

		
			 
		

		
			2.           Each of the undersigned (a) represents and warrants that it is legally authorized to enter into this Supplement; (b) confirms that it has received a copy of the Credit Agreement, together with copies of the financial statements most recently delivered pursuant to Section 6.1(a) and (b) thereof and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Supplement; (c) agrees that it has made and will, independently and without reliance upon the Administrative Agent or any other Lender and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Credit Agreement or any instrument or document furnished pursuant hereto or thereto; (d) appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers and discretion under the Credit Agreement or any instrument or document furnished pursuant hereto or thereto as are delegated to the Administrative Agent by the terms thereof, together with such powers as are incidental thereto; and (e) agrees that it will be bound by the provisions of the Credit Agreement and will perform in accordance with its terms all the obligations which by the terms of the Credit Agreement are required to be performed by it as a Lender including, without limitation, if it is organized under the laws of a jurisdiction outside the United States, its obligation pursuant to Section 2.15(e) of the Credit Agreement.
		

		
			 
		

		
			3.           Each of the undersigned hereby confirms and agrees that the Termination Date in respect of its Commitment is May 5, 2020.
		

		
			 
		

		
			4.           The address for notices for each of the undersigned for the purposes of the Credit Agreement is as specified on Annex B hereto.
		

		
			 
		

		
			5.           Terms defined in the Credit Agreement shall have their defined meanings when used herein.
		

		
			 
		

		
			 
		

		
			

		 

 

		

			 

		

		

		
			IN WITNESS WHEREOF, the undersigned has caused this Supplement to be executed and delivered by a duly authorized officer on the date first above written.
		

		
			 
		

		
			 
		

			
					
						 

					
					
						    

					
					
						GOLDMAN SACHS BANK USA

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						By:

					
					
						/s/ Rebecca Kratz

				
	
					
						 

					
					
						 

					
					
						 

					
					
						Name:  Rebecca Kratz

				
	
					
						 

					
					
						 

					
					
						 

					
					
						Title:    Authorized Signatory

				

		
			 
		

		
			 
		

		
			

		 

		

			[Signature Page to New Lender Supplement]

		

 

		

			 

		

		

		
			IN WITNESS WHEREOF, the undersigned has caused this Supplement to be executed and delivered by a duly authorized officer on the date first above written.
		

		
			 
		

		
			 
		

			
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						    

					
					
						The Governor and Company of the Bank of Ireland

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						By:

					
					
						/s/ Philip Greene

				
	
					
						 

					
					
						 

					
					
						 

					
					
						Name:

					
					
						Philip Greene

				
	
					
						 

					
					
						 

					
					
						 

					
					
						Title:

					
					
						Senior Manager

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						By:

					
					
						/s/ Frank Schmitt

				
	
					
						 

					
					
						 

					
					
						 

					
					
						Name:

					
					
						Frank Schmitt

				
	
					
						 

					
					
						 

					
					
						 

					
					
						Title:

					
					
						Associate Director

				

		
			 
		

		
			 
		

		
			

		 

		

			[Signature Page to New Lender Supplement]

		

 

		

			 

		

		

		
			Accepted this 27th day of
May, 2016
		

		
			 
		

		
			 
		

			
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						AIR LEASE CORPORATION

					
					
						    

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						By:

					
					
						/s/ Gregory B. Willis

					
					
						 

					
					
						 

				
	
					
						 

					
					
						Name: Gregory B. Willis

					
					
						 

					
					
						 

				
	
					
						 

					
					
						Title:   Senior Vice President &

					
					
						 

					
					
						 

				
	
					
						 

					
					
						Chief Financial Officer

					
					
						 

					
					
						 

				

		
			 
		

		
			 
		

		
			

		 

		

			[Signature Page to New Lender Supplement]

		

 

		

			 

		

		

		
			Accepted this 27th day of 
May, 2016
		

		
			 
		

		
			 
		

			
					
						JPMORGAN CHASE BANK, N.A. as Administrative Agent

					
					
						    

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						By:

					
					
						/s/ Gene Riego De Dios

					
					
						 

					
					
						 

				
	
					
						 

					
					
						Name: Gene Riego De Dios

					
					
						 

					
					
						 

				
	
					
						 

					
					
						Title:   Vice President

					
					
						 

					
					
						 

				

		
			 
		

		
			 
		

		
			

		 

		

			[Signature Page to New Lender Supplement]

		

 

		

			 

		

		

		
			Annex A
		

		
			 
		

		
			Commitments
		

		
			 
		

			
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						Lender

					
					
						    

					
					
						Commitment

				
	
					
						Goldman Sachs Bank USA

					
					
						 

					
					
						$

					
125,000,000 
				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						The Governor and Company of the Bank of Ireland

					
					
						 

					
					
						$

					
7,500,000 
				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						Total:

					
					
						 

					
					
						$

					
132,500,000 
				

		
			 
		

		
			 
		

		
			

		 

		

			 

		

 

		

			 

		

		

		
			Annex B
		

		
			 
		

		
			Addresses for Notices
		

		
			 
		

		
			Goldman Sachs
		

		
			 
		

		
			GOLDMAN SACHS BANK USA
		

		
			200 West Street
		

		
			New York, NY 10282
		

		
			Tax ID: 13-3571598
		

		
			MEI: US1L131229
		

		
			FAX NOTICES: 917-977-3966
		

		
			 
		

		
			The Governor and Company of the Bank of Ireland
		

		
			 
		

		
			Credit Contact:
		

		
			 
		

		
			Philip Greene
		

		
			Senior Manager
		

		
			Bank of Ireland
		

		
			2 Burlington Plaza
		

		
			Burlington Road 
		

		
			Dublin 4
		

		
			Republic of Ireland
		

		
			 
		

		
			Operations Contact:
		

		
			 
		

		
			Paul Higginson
		

		
			Loans Administration
		

		
			Bank of Ireland
		

		
			New Century House, 5th Floor
		

		
			Mayor Street Lower
		

		
			Dublin 1, Ireland
		

		
			Fax: 011 353 1 633 5620al_Ex_10_11

		

			Exhibit 10.11

		

		

			Execution Version

		

		
			COMMITMENT INCREASE SUPPLEMENT
		

		
			 
		

		
			SUPPLEMENT, dated as of May 27, 2016, to the Second Amended and Restated Credit Agreement, dated as of May 5, 2014, as amended by the First Amendment dated as of June 1, 2015, by the Second Amendment dated as of the May 27, 2016 and as further amended, supplemented or otherwise modified from time to time (the “Credit Agreement”) among AIR LEASE CORPORATION, a Delaware corporation (the “Borrower”), the several banks and other financial institutions or entities from time to time parties thereto (the “Lenders”), and JPMORGAN CHASE BANK, N.A., as administrative agent (the “Administrative Agent”).
		

		
			 
		

		
			W I T N E S S E T H:
		

		
			 
		

		
			WHEREAS, the Credit Agreement provides in Section 2.1(d) thereof that any Lender may increase its Commitment under the Credit Agreement with the consent of the Borrower and the Administrative Agent by executing and delivering to the Borrower and the Administrative Agent a supplement to the Credit Agreement in substantially the form of this Supplement; and
		

		
			 
		

		
			WHEREAS, each of the undersigned now desires to increase its Commitment under the Credit Agreement;
		

		
			 
		

		
			NOW, THEREFORE, each of the undersigned hereby agrees as follows:
		

		
			 
		

		
			1.         Each of the undersigned agrees that, on the date this Supplement is accepted by the Borrower and the Administrative Agent (or on such other date as may be agreed upon among the undersigned, the Borrower and the Administrative Agent), its Commitment shall be increased as specified on Annex A hereto.
		

		
			 
		

		
			2.         Each of the undersigned hereby confirms and agrees that the Termination Date in respect of its Commitment is May 5, 2020.
		

		
			 
		

		
			3.         Terms defined in the Credit Agreement shall have their defined meanings when used herein.
		

		
			 
		

		
			[Remainder of page left blank intentionally.]
		

		
			 
		

		
			 
		

		
			

		 

 

		

			 

		

		

		
			IN WITNESS WHEREOF, the undersigned has caused this Supplement to be executed and delivered by a duly authorized officer on the date first above written.
		

		
			 
		

		
			 
		

			
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						    

					
					
						Bank of America, N.A.

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						By:

					
					
						/s/ William Soo

				
	
					
						 

					
					
						 

					
					
						 

					
					
						Name: William Soo

				
	
					
						 

					
					
						 

					
					
						 

					
					
						Title: Director

				

		
			 
		

		
			 
		

		
			

		 

		

			[Signature Page to Commitment Increase Supplement]

		

 

		

			 

		

		

		
			IN WITNESS WHEREOF, the undersigned has caused this Supplement to be executed and delivered by a duly authorized officer on the date first above written.
		

		
			 
		

		
			 
		

			
					
						 

					
					
						    

					
					
						Citibank, N.A.

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						By:

					
					
						/s/ Joseph Shanahan

				
	
					
						 

					
					
						 

					
					
						 

					
					
						Name: Joseph Shanahan

				
	
					
						 

					
					
						 

					
					
						 

					
					
						Title: Vice President

				

		
			 
		

		
			 
		

		
			

		 

		

			[Signature Page to Commitment Increase Supplement]

		

 

		

			 

		

		

		
			IN WITNESS WHEREOF, the undersigned has caused this Supplement to be executed and delivered by a duly authorized officer on the date first above written.
		

		
			 
		

		
			 
		

			
					
						 

					
					
						    

					
					
						BMO Harris Bank N.A, as a Lender

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						By:

					
					
						/s/ Dan Ryan

				
	
					
						 

					
					
						 

					
					
						 

					
					
						Name: Dan Ryan

				
	
					
						 

					
					
						 

					
					
						 

					
					
						Title: Vice President

				

		
			 
		

		
			 
		

		
			

		 

		

			[Signature Page to Commitment Increase Supplement]

		

 

		

			 

		

		

		
			IN WITNESS WHEREOF, the undersigned has caused this Supplement to be executed and delivered by a duly authorized officer on the date first above written.
		

		
			 
		

		
			 
		

			
					
						 

					
					
						    

					
					
						BNP Paribas

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						By:

					
					
						/s/ Robert Papas

				
	
					
						 

					
					
						 

					
					
						 

					
					
						Name: Robert Papas

				
	
					
						 

					
					
						 

					
					
						 

					
					
						Title: Director - Transportation Group-

				
	
					
						 

					
					
						 

					
					
						 

					
					
						Aviation Finance

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						By:

					
					
						/s/ Eric Chilton

				
	
					
						 

					
					
						 

					
					
						 

					
					
						Name: Eric Chilton

				
	
					
						 

					
					
						 

					
					
						 

					
					
						Title: Managing Director

				

		
			 
		

		
			 
		

		
			

		 

		

			[Signature Page to Commitment Increase Supplement]

		

 

		

			 

		

		

		
			IN WITNESS WHEREOF, the undersigned has caused this Supplement to be executed and delivered by a duly authorized officer on the date first above written.
		

		
			 
		

		
			 
		

			
					
						 

					
					
						    

					
					
						Bank of the West, as Lender

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						By:

					
					
						/s/ Camille Farnsworth-Schrader

				
	
					
						 

					
					
						 

					
					
						 

					
					
						Name: Camille Farnsworth-Schrader

				
	
					
						 

					
					
						 

					
					
						 

					
					
						Title: Vice President

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						By:

					
					
						/s/ David G. Kronen

				
	
					
						 

					
					
						 

					
					
						 

					
					
						Name: David G. Kronen

				
	
					
						 

					
					
						 

					
					
						 

					
					
						Title: Director

				

		
			 
		

		
			 
		

		
			

		 

		

			[Signature Page to Commitment Increase Supplement]

		

 

		

			 

		

		

		
			IN WITNESS WHEREOF, the undersigned has caused this Supplement to be executed and delivered by a duly authorized officer on the date first above written.
		

		
			 
		

		
			 
		

			
					
						 

					
					
						    

					
					
						Industrial and Commercial Bank of China Limited,

				
	
					
						 

					
					
						 

					
					
						New York Branch

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						By:

					
					
						/s/ Jeffrey Roth

				
	
					
						 

					
					
						 

					
					
						 

					
					
						Name:

					
					
						Jeffrey Roth

				
	
					
						 

					
					
						 

					
					
						 

					
					
						Title:

					
					
						Director

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						By:

					
					
						/s/ Shulin Peng

				
	
					
						 

					
					
						 

					
					
						 

					
					
						Name:

					
					
						Shulin Peng

				
	
					
						 

					
					
						 

					
					
						 

					
					
						Title:

					
					
						Managing Director

				

		
			 
		

		
			 
		

		
			

		 

		

			[Signature Page to Commitment Increase Supplement]

		

 

		

			 

		

		

		
			IN WITNESS WHEREOF, the undersigned has caused this Supplement to be executed and delivered by a duly authorized officer on the date first above written.
		

		
			 
		

		
			 
		

			
					
						 

					
					
						    

					
					
						CITIZENS BANK, NATIONAL ASSOCIATION,

				
	
					
						 

					
					
						 

					
					
						as a Lender

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						By:

					
					
						/s/ Darran Wee

				
	
					
						 

					
					
						 

					
					
						 

					
					
						Name:

					
					
						DARRAN WEE

				
	
					
						 

					
					
						 

					
					
						 

					
					
						Title:

					
					
						SENIOR VICE PRESIDENT

				

		
			 
		

		
			 
		

		
			

		 

		

			[Signature Page to Commitment Increase Supplement]

		

 

		

			 

		

		

		
			Accepted this 27th day of
May, 2016
		

		
			 
		

		
			 
		

			
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						AIR LEASE CORPORATION

					
					
						    

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						By:

					
					
						/s/ Gregory B. Willis

					
					
						 

					
					
						 

				
	
					
						 

					
					
						Name: Gregory B. Willis

					
					
						 

					
					
						 

				
	
					
						 

					
					
						Title:   Senior Vice President &

					
					
						 

					
					
						 

				
	
					
						 

					
					
						Chief Financial Officer

					
					
						 

					
					
						 

				

		
			 
		

		
			 
		

		
			

		 

		

			[Signature Page to Commitment Increase Supplement]

		

 

		

			 

		

		

		
			Accepted this 27th day of
May, 2016
		

		
			 
		

			
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						JPMORGAN CHASE BANK, N.A., as Administrative Agent

					
					
						    

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						By:

					
					
						/s/ Gene Riego De Dios

					
					
						 

					
					
						 

				
	
					
						 

					
					
						Name: Gene Riego De Dios

					
					
						 

					
					
						 

				
	
					
						 

					
					
						Title:   Vice President

					
					
						 

					
					
						 

				

		
			 
		

		
			 
		

		
			

		 

		

			[Signature Page to Commitment Increase Supplement]

		

 

		

			 

		

		

		
			Annex A
		

		
			 
		

		
			Increase in Commitments
		

		
			 
		

			
					
						Lender

					
					
						    

					
					
						Existing
Commitment

					
					
						    

					
					
						Amount of
Commitment Increase

					
					
						    

					
					
						New Total
Commitment

				
	
					
						Bank of America, N.A.

					
					
						 

					
					
						$

					
150,000,000 
					
					
						 

					
					
						$

					
25,000,000 
					
					
						 

					
					
						$

					
175,000,000 
				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						Citibank, N.A.

					
					
						 

					
					
						$

					
125,000,000 
					
					
						 

					
					
						$

					
50,000,000 
					
					
						 

					
					
						$

					
175,000,000 
				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						BMO Harris Bank, N.A.

					
					
						 

					
					
						$

					
125,000,000 
					
					
						 

					
					
						$

					
25,000,000 
					
					
						 

					
					
						$

					
150,000,000 
				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						Industrial and Commercial Bank of China Limited, New York Branch

					
					
						 

					
					
						$

					
40,000,000 
					
					
						 

					
					
						$

					
85,000,000 
					
					
						 

					
					
						$

					
125,000,000 
				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						BNP Paribas

					
					
						 

					
					
						$

					
75,000,000 
					
					
						 

					
					
						$

					
15,000,000 
					
					
						 

					
					
						$

					
90,000,000 
				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						Bank of the West

					
					
						 

					
					
						$

					
50,000,000 
					
					
						 

					
					
						$

					
10,000,000 
					
					
						 

					
					
						$

					
60,000,000 
				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						Citizens Bank, N.A.

					
					
						 

					
					
						$

					
30,000,000 
					
					
						 

					
					
						$

					
10,000,000 
					
					
						 

					
					
						$

					
40,000,000 
				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						Total:

					
					
						 

					
					
						$

					
595,000,000 
					
					
						 

					
					
						$

					
220,000,000 
					
					
						 

					
					
						$

					
815,000,000

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00267-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00267-of-00352.parquet"}]]