Common use of Duty of the Trustee Clause in Contracts

Duty of the Trustee. Except for actions expressly authorized by the Base Indenture or this Series 2022-1 Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Specific 2022-1 Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 2022-1 Collateral now existing or hereafter created.

Appears in 2 contracts

Samples: Amended and Restated Series Supplement (Hertz Corp), Supplement (Hertz Corp)

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Duty of the Trustee. Except for actions expressly authorized by the Base Indenture or this Series 2022-1 4 Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Specific 2022-1 4 Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 2022-1 4 Collateral now existing or hereafter created.

Appears in 2 contracts

Samples: Amended and Restated Series Supplement (Hertz Corp), Series Supplement (Hertz Corp)

Duty of the Trustee. Except for actions expressly authorized by the Base Indenture or this Series 20222021-1 2 Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Specific 20222021-1 2 Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 20222021-1 2 Collateral now existing or hereafter created.

Appears in 2 contracts

Samples: Amended and Restated Series Supplement (Hertz Corp), Series Supplement (Hertz Corp)

Duty of the Trustee. Except for actions expressly authorized by the Base Indenture or this Series 2022-1 3 Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Specific 2022-1 3 Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 2022-1 3 Collateral now existing or hereafter created.

Appears in 2 contracts

Samples: Amended and Restated Series Supplement (Hertz Corp), Supplement to Base Indenture (Hertz Corp)

Duty of the Trustee. Except for actions expressly authorized by the Base Indenture or this Series 2022-1 5 Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Specific 2022-1 5 Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 2022-1 5 Collateral now existing or hereafter created.

Appears in 2 contracts

Samples: Amended and Restated Series Supplement (Hertz Corp), Supplement (Hertz Corp)

Duty of the Trustee. Except for actions expressly authorized by the Base Indenture or this Series 20222020-1 Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Specific 20222020-1 Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 20222020-1 Collateral now existing or hereafter created.

Appears in 1 contract

Samples: Supplement to Base Indenture (Hertz Corp)

Duty of the Trustee. Except for actions expressly authorized by the Base Indenture or this Series 20222023-1 2 Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Specific 20222023-1 2 Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 20222023-1 2 Collateral now existing or hereafter created.

Appears in 1 contract

Samples: Series Supplement (Hertz Corp)

Duty of the Trustee. Except for actions expressly authorized by the Base Indenture or this Series 20222023-1 4 Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Specific 20222023-1 4 Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 20222023-1 4 Collateral now existing or hereafter created.

Appears in 1 contract

Samples: Series Supplement (Hertz Corp)

Duty of the Trustee. Except for actions expressly authorized by the Base Indenture or this Series 20222023-1 3 Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Specific 20222023-1 3 Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 20222023-1 3 Collateral now existing or hereafter created.

Appears in 1 contract

Samples: Series Supplement (Hertz Corp)

Duty of the Trustee. Except for actions expressly authorized by the Base Indenture or this Series 20222024-1 Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Specific 20222024-1 Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 20222024-1 Collateral now existing or hereafter created.

Appears in 1 contract

Samples: Series Supplement (Hertz Corp)

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Duty of the Trustee. Except for actions expressly authorized by the Base Indenture or this Series 20222023-1 Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Specific 20222023-1 Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 20222023-1 Collateral now existing or hereafter created.

Appears in 1 contract

Samples: Series Supplement (Hertz Corp)

Duty of the Trustee. Except for actions expressly authorized by the Base Group I Indenture or this Series 20222016-1 2 Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Specific 20222016-1 2 Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 20222016-1 2 Collateral now existing or hereafter created.

Appears in 1 contract

Samples: Series Supplement (Hertz Corp)

Duty of the Trustee. Except for actions expressly authorized by the Base Group I Indenture or this Series 20222018-1 Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Specific 20222018-1 Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 20222018-1 Collateral now existing or hereafter created.

Appears in 1 contract

Samples: Series Supplement (Hertz Corp)

Duty of the Trustee. Except for actions expressly authorized by the Base Group I Indenture or this Series 20222016-1 Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Specific 20222016-1 Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 20222016-1 Collateral now existing or hereafter created.

Appears in 1 contract

Samples: Series Supplement (Hertz Corp)

Duty of the Trustee. Except for actions expressly authorized by the Base Indenture or this Series 20222024-1 2 Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Specific 20222024-1 2 Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 20222024-1 2 Collateral now existing or hereafter created.

Appears in 1 contract

Samples: Series Supplement (Hertz Corp)

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