Common use of Duty of the Trustee Clause in Contracts

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

Appears in 5 contracts

Samples: Master Collateral Agency Agreement (Hertz Corp), Base Indenture (Hertz Global Holdings Inc), Base Indenture (Hertz Global Holdings Inc)

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

Appears in 2 contracts

Samples: Vehicle Title Nominee Agreement (Hertz Corp), Collateral Agency Agreement (Hertz Global Holdings Inc)

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

Appears in 1 contract

Samples: Indenture (Hertz Corp)

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