Common use of Conditions to Issuance of Additional Series 2021-A Notes Clause in Contracts

Conditions to Issuance of Additional Series 2021-A Notes. (i) In connection with the addition of a Class A Additional Investor Group or a Class A Investor Group Maximum Principal Increase, additional Class A Notes (“Class A Additional Series 2021-A Notes”) may be issued subsequent to the Series 2021-A Restatement Date subject to the satisfaction of each of the following conditions: A. the amount of such issuance of Class A Additional Series 2021-A Notes, if applicable, shall be equal to or greater than $2,500,000 and integral multiples of $100,000 in excess thereof; B. no Amortization Event or Potential Amortization Event, in each case with respect to the Series 2021-A Notes has occurred and is continuing and such issuance and the application of any proceeds thereof, will not cause an Amortization Event or Potential Amortization Event, in each case with respect to the Series 2021-A Notes; and C. all representations and warranties set forth in Article VII (Representations and Warranties) of the Base Indenture and Article VI (

Appears in 3 contracts

Samples: Second Amended and Restated Series 2021 a Supplement (Hertz Global Holdings, Inc), Second Amended and Restated Series 2021 a Supplement (Hertz Corp), Amended and Restated Series Supplement (Hertz Corp)

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Conditions to Issuance of Additional Series 2021-A Notes. (i) In connection with the addition of a Class A Additional Investor Group or a Class A Investor Group Maximum Principal Increase, additional Class A Notes (“Class A Additional Series 2021-A Notes”) may be issued subsequent to the Series 2021-A Restatement Closing Date subject to the satisfaction of each of the following conditions: A. the amount of such issuance of Class A Additional Series 2021-A Notes, if applicable, shall be equal to or greater than $2,500,000 and integral multiples of $100,000 in excess thereof; B. no Amortization Event or Potential Amortization Event, in each case with respect to the Series 2021-A Notes has occurred and is continuing and such issuance and the application of any proceeds thereof, will not cause an Amortization Event or Potential Amortization Event, in each case with respect to the Series 2021-A Notes; and C. all representations and warranties set forth in Article VII (Representations and Warranties) of the Base Indenture and Article VI (

Appears in 1 contract

Samples: Supplement to Base Indenture (Hertz Corp)

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