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 2022-5 Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Specific 2022-5 Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 2022-5 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 Base Indenture or this Series 2022-5 4 Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Specific 2022-5 4 Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 2022-5 4 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 Base Indenture or this Series 2022-5 2 Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Specific 2022-5 2 Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 2022-5 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 Base Indenture or this Series 2022-5 3 Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Specific 2022-5 3 Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 2022-5 3 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 Base Indenture or this Series 20222023-5 2 Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Specific 20222023-5 2 Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 20222023-5 2 Collateral now existing or hereafter created.

Appears in 1 contract

Samples: Hertz Corp

Duty of the Trustee. Except for actions expressly authorized by the Base Indenture or this Series 20222023-5 3 Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Specific 20222023-5 3 Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 20222023-5 3 Collateral now existing or hereafter created.

Appears in 1 contract

Samples: Hertz Corp

Duty of the Trustee. Except for actions expressly authorized by the Base Indenture or this Series 20222023-5 1 Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Specific 20222023-5 1 Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 20222023-5 1 Collateral now existing or hereafter created.

Appears in 1 contract

Samples: Hertz Corp

Duty of the Trustee. Except for actions expressly authorized by the Base Indenture or this Series 20222020-5 1 Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Specific 20222020-5 1 Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 20222020-5 1 Collateral now existing or hereafter created.. ARTICLE V

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Hertz Corp)

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Duty of the Trustee. Except for actions expressly authorized by the Base Group I Indenture or this Series 20222016-5 1 Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Specific 20222016-5 1 Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 20222016-5 1 Collateral now existing or hereafter created.

Appears in 1 contract

Samples: Hertz Corp

Duty of the Trustee. Except for actions expressly authorized by the Base Indenture or this Series 20222023-5 4 Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Specific 20222023-5 4 Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 20222023-5 4 Collateral now existing or hereafter created.

Appears in 1 contract

Samples: Hertz Corp

Duty of the Trustee. Except for actions expressly authorized by the Base Group I Indenture or this Series 20222016-5 2 Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Specific 20222016-5 2 Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 20222016-5 2 Collateral now existing or hereafter created.

Appears in 1 contract

Samples: Hertz Corp

Duty of the Trustee. Except for actions expressly authorized by the Base Group I Indenture or this Series 20222018-5 1 Supplement, the Trustee shall take no action reasonably likely to impair the security interests created hereunder in any of the Series-Specific 20222018-5 1 Collateral now existing or hereafter created or to impair the value of any of the Series-Specific 20222018-5 1 Collateral now existing or hereafter created.

Appears in 1 contract

Samples: Hertz Corp

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