Common use of Duty of the Trustee Clause in Contracts

Duty of the Trustee. Except for actions expressly authorized by the Group II Indenture or this Series 2013-B Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Specific 2013-B Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 2013-B Collateral now existing or hereafter created.

Appears in 5 contracts

Samples: Assignment and Assumption Agreement (Hertz Corp), Master Collateral Agency Agreement (Hertz Corp), Assignment and Assumption Agreement (Hertz Global Holdings Inc)

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Duty of the Trustee. Except for actions expressly authorized by the Group II Base Indenture or this Series 20132021-B A Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Specific 20132021-B A Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 20132021-B A Collateral now existing or hereafter created.

Appears in 4 contracts

Samples: Hertz Global Holdings, Inc, Hertz Corp, Hertz Corp

Duty of the Trustee. Except for actions expressly authorized by the Group II I Indenture or this Series 2013-B A Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Series- Specific 2013-B A Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 2013-B A Collateral now existing or hereafter created.

Appears in 3 contracts

Samples: Assignment and Assumption Agreement (Hertz Corp), Vehicle Title Nominee Agreement (Hertz Corp), Assignment and Assumption Agreement (Hertz Global Holdings Inc)

Duty of the Trustee. Except for actions expressly authorized by the Group II I Indenture or this Series 2013-B A Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Specific 2013-B A Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 2013-B A Collateral now existing or hereafter created.

Appears in 3 contracts

Samples: Assignment and Assumption Agreement (Hertz Corp), Assignment and Assumption Agreement (Hertz Corp), Assignment and Assumption Agreement (Hertz Corp)

Duty of the Trustee. Except for actions expressly authorized by the Group II I Indenture or this Series 20132014-B A Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Specific 20132014-B A Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 20132014-B A Collateral now existing or hereafter created.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Hertz Corp), Assignment and Assumption Agreement (Hertz Corp)

Duty of the Trustee. Except for actions expressly authorized by the Group II Base Indenture or this Series 20132021-B 1 Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Specific 20132021-B 1 Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 20132021-B 1 Collateral now existing or hereafter created.

Appears in 2 contracts

Samples: Hertz Corp, Hertz Corp

Duty of the Trustee. Except for actions expressly authorized by the Group II Base Indenture or this Series 20132022-B 1 Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Specific 20132022-B 1 Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 20132022-B 1 Collateral now existing or hereafter created.

Appears in 2 contracts

Samples: Hertz Corp, Hertz Corp

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Duty of the Trustee. Except for actions expressly authorized by the Group II Base Indenture or this Series 20132021-B 2 Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Specific 20132021-B 2 Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 20132021-B 2 Collateral now existing or hereafter created.

Appears in 2 contracts

Samples: Hertz Corp, Hertz Corp

Duty of the Trustee. Except for actions expressly authorized by the Group II I Indenture or this Series 2013-B A Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Specific 2013-B A Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 2013-B A Collateral now existing or hereafter created.. 66 WEIL:\96021878\3\52399.0016

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Hertz Corp)

Duty of the Trustee. Except for actions expressly authorized by the Group II Indenture or this Series 2013-B Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Series- Specific 2013-B Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 2013-B Collateral now existing or hereafter created.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Hertz Corp)

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