Common use of Effects of Amortization Events Clause in Contracts

Effects of Amortization Events. (a) In the case of: (i) any event described in Sections 7.1(a) through (d) (Amortization Events), an Amortization Event with respect to the Series 2021-A Notes will immediately occur without any notice or other action on the part of the Trustee or any Series 2021-A Noteholder, and (ii) any event described in Sections 7.1(e) through (q) (Amortization Events), so long as such event is continuing, either the Trustee may, by written notice to HVF III, or the Required Controlling Class Series 2021-A Noteholders may, by written notice to HVF III and the Trustee, declare that an Amortization Event with respect to the Series 2021-A Notes has occurred as of the date of the notice. (i) An Amortization Event with respect to the Series 2021-A Notes described in Sections 7.1(a) through (d) (Amortization Events) above may be waived solely with the written consent of Series 2021-A Noteholders holding 100% of the Series 2021-A Principal Amount. (ii) An Amortization Event with respect to the Series 2021-A Notes described in Section 7.1(n) (Amortization Events) (solely with respect to any agreement, covenant or provision in the Series 2021-A Notes or any other Series 2021-A Related Document the amendment or modification of which requires the consent of Series 2021-A Noteholders holding more than 66⅔% of the Series 2021-A Principal Amount or that otherwise prohibits HVF III from taking any action without the consent of Series 2021-A Noteholders holding more than 66⅔% of the Series 2021-A Principal Amount) or Section 7.1(p) (Amortization Events) (solely with respect to any agreement, covenant or provision in the related Back-Up Disposition Agent Agreement the amendment or modification of which requires the consent of Series 2021-A Noteholders holding more than 66⅔% of the Series 2021-A Principal Amount or that otherwise prohibits HVF III from taking any action without the consent of Series 2021-A Noteholders holding more than 66⅔% of the Series 2021-A Principal Amount) may be waived solely with the written consent of the Required Unanimous Controlling Class Series 2021-A Noteholders. (iii) An Amortization Event with respect to the Series 2021-A Notes described in Sections 7.1(e) through (m) and (o) (Amortization Events), Section 7.1(n) (Amortization Events) (other than with respect to any agreement, covenant or provision in the Series 2021-A Notes or any other Series 2021-A Related Document the amendment or modification of which requires the consent of Series 2021-A Noteholders holding more than 66⅔% of the Series 2021-A Principal Amount or that otherwise prohibits HVF III from taking any action without the consent of Series 2021-A Noteholders holding more than 66⅔ of the Series 2021-A Principal Amount), Section 7.1(p) (Amortization Events) (other than with respect to any agreement, covenant or provision in the related Back-Up Disposition Agent Agreement the amendment or modification of which requires the consent of Series 2021-A Noteholders holding more than 66⅔% of the Series 2021-A Principal Amount or that otherwise prohibits HVF III from taking any action without the consent of Series 2021-A Noteholders holding more than 66⅔% of the Series 2021-A Principal Amount) or Section 7.1(q) (Amortization Events) may be waived solely with the written consent of the Required Supermajority Controlling Class Series 2021-A Noteholders. Notwithstanding anything herein to the contrary, and for the avoidance of doubt, an Amortization Event with respect to the Series 2021-A Notes described in any of Section 7.1 (g), (h), (i), or (l) (Amortization Events) above shall be curable at any time.

Effects of Amortization Events. (a) In the case of: (i) any event described in Sections 7.1(a7.1 (a) through (de), Section 7.1(u) (Amortization Eventsand Section 7.1(w), an Amortization Event with respect to the Series 20212013-A B Notes will immediately occur without any notice or other action on the part of the Trustee or any Series 20212013-A B Noteholder, and (ii) any event described in Sections 7.1(e7.1(f) through (qt) (Amortization Eventsand Section 7.1(v), so long as such event is continuing, either the Trustee may, by written notice to HVF IIIII, or the Series 2013-B Required Controlling Class Series 2021-A Noteholders may, by written notice to HVF III II and the Trustee, declare that an Amortization Event with respect to the Series 20212013-A B Notes has occurred as of the date of the notice. (i) An Amortization Event with respect to the Series 20212013-A B Notes described in Sections 7.1(a) through (d) above and Section 7.1 (e), (solely with respect to any Group II Leasing Company Amortization EventsEvents the waiver of which requires the consent of the Group II Supermajority Noteholders), Section 7.1(p) above (solely with respect to any agreement, covenant or provision in the Series 2013-B Notes or any other Series 2013-B Related Document the amendment or modification of which requires the consent of Series 2013-B Noteholders holding more than 66⅔% of the Series 2013-B Principal Amount or that otherwise prohibits HVF II from taking any action without the consent of Series 2013-B Noteholders holding more than 66⅔ of the Series 2013-B Principal Amount), Section 7.1(r) (solely with respect to any agreement, covenant or provision in the Group II Back-Up Disposition Agreement the amendment or modification of which requires the consent of Series 2013-B Noteholders holding more than 66⅔% of the Series 2013-B Principal Amount or that otherwise prohibits HVF II from taking any action without the consent of Series 2013-B Noteholders holding more than 66⅔% of the Series 2013-B Principal Amount) or Section 7.1(u) may be waived solely with the written consent of Series 20212013-A B Noteholders holding 100% of the Series 20212013-A B Principal Amount. (ii) An Amortization Event with respect to the Series 20212013-A B Notes described in Sections 7.1(f) through (o) and (q) and Section 7.1(n7.1(e) (Amortization Events) (solely other than with respect to any agreement, covenant or provision in Group II Leasing Company Amortization Events the Series 2021-A Notes or any other Series 2021-A Related Document the amendment or modification waiver of which requires the consent of Series 2021-A Noteholders holding more than 66⅔% holders of the Series 2021-A Principal Amount or that otherwise prohibits HVF III from taking any action without the consent of Series 2021-A Noteholders holding more than 66⅔% of the Series 2021-A Principal Amount) or Section 7.1(p) (Amortization Events) (solely with respect to any agreement, covenant or provision in the related Back-Up Disposition Agent Agreement the amendment or modification of which requires the consent of Series 2021-A Noteholders holding more than 66⅔% of the Series 2021-A Principal Amount or that otherwise prohibits HVF III from taking any action without the consent of Series 2021-A Noteholders holding more than 66⅔% of the Series 2021-A Principal Amount) may be waived solely with the written consent of the Required Unanimous Controlling Class Series 2021-A Group II Supermajority Noteholders. (iii) An Amortization Event with respect to the Series 2021-A Notes described in Sections 7.1(e) through (m) and (o) (Amortization Events), Section 7.1(n) (Amortization Events7.1(p) (other than with respect to any agreement, covenant or provision in the Series 20212013-A B Notes or any other Series 20212013-A B Related Document the amendment or modification of which requires the consent of Series 20212013-A B Noteholders holding more than 66⅔% of the Series 20212013-A B Principal Amount or that otherwise prohibits HVF III II from taking any action without the consent of Series 20212013-A B Noteholders holding more than 66⅔ of the Series 20212013-A B Principal Amount), Section 7.1(p) (Amortization Events7.1(r) (other than with respect to any agreement, covenant or provision in the related Group II Back-Up Disposition Agent Agreement the amendment or modification of which requires the consent of Series 20212013-A B Noteholders holding more than 66⅔% of the Series 20212013-A B Principal Amount or that otherwise prohibits HVF III II from taking any action without the consent of Series 20212013-A B Noteholders holding more than 66⅔% of the Series 20212013-A B Principal Amount), Section 7.1(s), Section 7.1(t) or Section 7.1(q) (Amortization Events7.1(v) may be waived solely with the written consent of Series 2013-B Noteholders holding at least 66⅔% of the Required Supermajority Controlling Class Series 20212013-B Principal Xxxxxx. In the event of a waiver of any Amortization Event described above, the Trustee shall provide notification thereof to each Rating Agency. (iii) An Amortization Event with respect to the Series 2013-B Notes described in Section 7.1(w) shall be deemed waived if such Series 2013-A NoteholdersAmortization Event shall have been waived under and in accordance with the Series 2013-A Supplement. Notwithstanding anything herein to the contrary, and for the avoidance of doubt, an Amortization Event with respect to the Series 20212013-A B Notes described in any of Section 7.1 (gi), (hj), (ik), or (l) (Amortization Eventsn) above shall be curable at any time.

Effects of Amortization Events. (a) In the case of: (i) any event described in Sections 7.1(a) through (d) and (r) (Amortization Events), an Amortization Event with respect to the Series 2021-A Notes will immediately occur without any notice or other action on the part of the Trustee or any Series 2021-A Noteholder, and (ii) any event described in Sections 7.1(e) through (q) (Amortization Events), so long as such event is continuing, either the Trustee may, by written notice to HVF III, or the Required Controlling Class Series 2021-A Noteholders may, by written notice to HVF III and the Trustee, declare that an Amortization Event with respect to the Series 2021-A Notes has occurred as of the date of the notice. (i) An Amortization Event with respect to the Series 2021-A Notes described in Sections 7.1(a) through (d) (Amortization Events) above may be waived solely with the written consent of Series 2021-A Noteholders holding 100% of the Series 20212000-A Principal AmountX Xxxxxxxxx Xxxxxx. (ii) An Amortization Event with respect to the Series 2021-A Notes described in Section 7.1(n) (Amortization Events) (solely with respect to any agreement, covenant or provision in the Series 2021-A Notes or any other Series 2021-A Related Document the amendment or modification of which requires the consent of Series 2021-A Noteholders holding more than 66⅔% of the Series 2021-A Principal Amount or that otherwise prohibits HVF III from taking any action without the consent of Series 2021-A Noteholders holding more than 66⅔% of the Series 20212000-A Principal AmountX Xxxxxxxxx Xxxxxx) or Section 7.1(p) and (r) (Amortization Events) (solely with respect to any agreement, covenant or provision in the related Back-Up Disposition Agent Agreement the amendment or modification of which requires the consent of Series 2021-A Noteholders holding more than 66⅔% of the Series 2021-A Principal Amount or that otherwise prohibits HVF III from taking any action without the consent of Series 2021-A Noteholders holding more than 66⅔% of the Series 2021-A Principal Amount) may be waived solely with the written consent of the Required Unanimous Controlling Class Series 2021-A Noteholders. (iii) An Amortization Event with respect to the Series 2021-A Notes described in Sections 7.1(e) through (m) and (o) (Amortization Events), Section 7.1(n) (Amortization Events) (other than with respect to any agreement, covenant or provision in the Series 2021-A Notes or any other Series 2021-A Related Document the amendment or modification of which requires the consent of Series 2021-A Noteholders holding more than 66⅔% of the Series 2021-A Principal Amount or that otherwise prohibits HVF III from taking any action without the consent of Series 2021-A Noteholders holding more than 66⅔ of the Series 2021-A Principal Amount), Section 7.1(p) (Amortization Events) (other than with respect to any agreement, covenant or provision in the related Back-Up Disposition Agent Agreement the amendment or modification of which requires the consent of Series 2021-A Noteholders holding more than 66⅔% of the Series 2021-A Principal Amount or that otherwise prohibits HVF III from taking any action without the consent of Series 2021-A Noteholders holding more than 66⅔% of the Series 20212000-A Principal AmountX Xxxxxxxxx Xxxxxx) or Section 7.1(q) (Amortization Events) may be waived solely with the written consent of the Required Supermajority Controlling Class Series 2021-A Noteholders. Notwithstanding anything herein to the contrary, and for the avoidance of doubt, an Amortization Event with respect to the Series 2021-A Notes described in any of Section 7.1 (g), (h), (i), or (l) (Amortization Events) above shall be curable at any time.

Effects of Amortization Events. (a) In the case of: (i) any event described in Sections 7.1(a7.1 (a) through (de) (Amortization Eventsand Section 7.1(u), an Amortization Event with respect to the Series 20212013-A Notes will immediately occur without any notice or other action on the part of the Trustee or any Series 20212013-A Noteholder, and (ii) any event described in Sections 7.1(e7.1(f) through (qt), Section 7.1(v) (Amortization Eventsand Section 7.1(w), so long as such event is continuing, either the Trustee may, by written notice to HVF IIIII, or the Required Controlling Class Series 20212013-A Noteholders may, by written notice to HVF III II and the Trustee, declare that an Amortization Event with respect to the Series 20212013-A Notes has occurred as of the date of the notice. (i1) An Amortization Event with respect to the Series 20212013-A Notes described in Sections 7.1(a) through (d) (Amortization Events) above may be waived solely with the written consent of Series 20212013-A Noteholders holding 100% of the Series 20212013-A Principal AmountXxxxxx. (iii) An Amortization Event with respect to the Series 20212013-A Notes described in Section 7.1(n7.1(e) (solely with respect to any Group I Leasing Company Amortization EventsEvents the waiver of which requires the consent of the Requisite Group I Investors), Section 7.1(p) (solely with respect to any agreement, covenant or provision in the Series 20212013-A Notes or any other Series 20212013-A Related Document the amendment or modification of which requires the consent of Series 20212013-A Noteholders holding more than 66⅔% of the Series 20212013-A Principal Amount or that otherwise prohibits HVF III II from taking any action without the consent of Series 20212013-A Noteholders holding more than 66⅔% of the Series 20212013-A Principal Amount) or ), Section 7.1(p) (Amortization Events7.1(r) (solely with respect to any agreement, covenant or provision in the related Group I Back-Up Disposition Agent Agreement the amendment or modification of which requires the consent of Series 20212013-A Noteholders holding more than 66⅔% of the Series 20212013-A Principal Amount or that otherwise prohibits HVF III II from taking any action without the consent of Series 20212013-A Noteholders holding more than 66⅔% of the Series 20212013-A Principal Amount) or Section 7.1(u) may be waived solely with the written consent of the Required Unanimous Controlling Class Series 20212013-A Noteholders. (iiiii) An Amortization Event with respect to the Series 20212013-A Notes described in Sections 7.1(e7.1(f) through (mo) and (oq) and Section 7.1(e) (other than with respect to any Group I Leasing Company Amortization EventsEvents the waiver of which requires the consent of holders of the Requisite Group I Investors), Section 7.1(n) (Amortization Events7.1(p) (other than with respect to any agreement, covenant or provision in the Series 20212013-A Notes or any other Series 20212013-A Related Document the amendment or modification of which requires the consent of Series 20212013-A Noteholders holding more than 66⅔% of the Series 20212013-A Principal Amount or that otherwise prohibits HVF III II from taking any action without the consent of Series 20212013-A Noteholders holding more than 66⅔ of the Series 20212013-A Principal Amount), Section 7.1(p) (Amortization Events7.1(r) (other than with respect to any agreement, covenant or provision in the related Group I Back-Up Disposition Agent Agreement the amendment or modification of which requires the consent of Series 20212013-A Noteholders holding more than 66⅔% of the Series 20212013-A Principal Amount or that otherwise prohibits HVF III II from taking any action without the consent of Series 20212013-A Noteholders holding more than 66⅔% of the Series 20212013-A Principal Amount), Section 7.1(s), Section 7.1(t), Section 7.1(v) or Section 7.1(q) (Amortization Events7.1(w) may be waived solely with the written consent of the Required Supermajority Controlling Class Series 20212013-A Noteholders. Notwithstanding anything herein to the contrary, and for the avoidance of doubt, an Amortization Event with respect to the Series 20212013-A Notes described in any of Section 7.1 (gi), (hj), (ik), or (l) (Amortization Eventsn) above shall be curable at any time.

Effects of Amortization Events. (a) In the case of: (i) any event described in Sections Sub-Clauses 7.1(a) through (de), Sub-Clause 7.1(u), Sub-Clause 7.1(y) (Amortization Eventsand Sub-Clause 7.1(z), an Amortization Event with respect to the Series 2021-A Issuer Notes will immediately occur without any notice or other action on the part of the Issuer Security Trustee or any Series 2021-A Noteholder, and (ii) any event described in Sections 7.1(eSub-Clauses 7.1(f) through (qt), Sub-Clause 7.1(v) (Amortization Eventsand Sub-Clause 7.1(x), so long as such event is continuing, either the Issuer Security Trustee may, by written notice to HVF IIIthe Issuer, or the Required Controlling Class Series 2021-A Noteholders may, by written notice to HVF III the Issuer and the Issuer Security Trustee, declare that an Amortization Event with respect to the Series 2021-A Issuer Notes has occurred as of the date of the notice. (i) An Amortization Event with respect to the Series 2021-A Issuer Notes described in Sections Sub-Clauses 7.1(a) through (d) (Amortization Eventsand Sub-Clause 7.1(e)(ii) above may be waived solely with the written consent of Series 2021-A the Noteholders holding 100% of the Series 2021-A Principal Amount. (ii) An Amortization Event with respect to the Series 2021-A Issuer Notes described in Section 7.1(n) (Amortization EventsSub-Clause 7.1(p) (solely with respect to any agreement, covenant or provision in the Series 2021-A Issuer Notes or any other Series 2021-A Issuer Related Document the amendment or modification of which requires the consent of Series 2021-A Noteholders holding more than 66⅔% of the Series 2021-A Principal Amount or that otherwise prohibits HVF III the Issuer from taking any action without the consent of Series 2021-A Noteholders holding more than 66⅔% of the Series 2021-A Principal Amount) or Section 7.1(p) (Amortization Events), Sub-Clause 7.1(r) (solely with respect to any agreement, covenant or provision in the related BackLiquidation Co-Up Disposition Agent ordination Agreement the amendment or modification of which requires the consent of Series 2021-A Noteholders holding more than 66⅔% of the Series 2021-A Principal Amount or that otherwise prohibits HVF III the Issuer from taking any action without the consent of Series 2021-A Noteholders holding more than 66⅔% of the Series 2021-A Principal Amount) or Sub-Clause 7.1(u) may be waived solely with the written consent of the Required Unanimous Controlling Class Series 2021-A NoteholdersNoteholders holding 100% of the Principal Amount. (iii) An Amortization Event with respect to the Series 2021-A Issuer Notes described in Sections 7.1(eSub-Clauses 7.1(f) through (mo) and (oq) (Amortization Eventsand Sub-Clause 7.1(e)(i), Section 7.1(n) (Amortization EventsSub-Clause 7.1(e)(iii), Sub-Clause 7.1(p) (other than with respect to any agreement, covenant or provision in the Series 2021-A Issuer Notes or any other Series 2021-A Issuer Related Document the amendment or modification of which requires the consent of Series 2021-A Noteholders holding more than 66⅔% of the Series 2021-A Principal Amount or that otherwise prohibits HVF III the Issuer from taking any action without the consent of Series 2021-A Noteholders holding more than 66⅔ 66⅔% of the Series 2021-A Principal Amount), Section 7.1(p) (Amortization EventsSub-Clause 7.1(r) (other than with respect to any agreement, covenant or provision in the related BackLiquidation Co-Up Disposition Agent ordination Agreement the amendment or modification of which requires the consent of Series 2021-A Noteholders holding more than 66⅔% of the Series 2021-A Principal Amount or that otherwise prohibits HVF III the Issuer from taking any action without the consent of Series 2021-A Noteholders holding more than 66⅔% of the Series 2021-A Principal Amount), Sub-Clause 7.1(s), Sub-Clause 7.1(t), Sub-Clause 7.1(v) or Section 7.1(q) (Amortization EventsSub-Clause 7.1(x) may be waived solely with the written consent of the Required Supermajority Controlling Class Series 2021Noteholders. (iv) [RESERVED]. (v) An Amortization Event with respect to the Issuer Notes described in Sub-A NoteholdersClauses 7.1(y) and 7.1(z) (and the consequences thereof) shall only be waived with the written consent of each Noteholder. (vi) If any existing Potential Amortization Event or Amortization Event (and, in any such case, any consequences thereof) is waived in accordance with this Agreement, then, subject to the terms of that waiver, such Potential Amortization Event shall cease to exist with respect to the Issuer Notes, and any Amortization Event arising therefrom shall be deemed to have been cured for every purpose of this Agreement and the Issuer Note Framework Agreement, but no such waiver shall extend to any subsequent or other Potential Amortization Event or Amortization Event or impair any right consequent thereon. Notwithstanding anything herein to the contrary, contrary and for the avoidance of doubt, an Amortization Event with respect to the Series 2021-A Issuer Notes described in any of Section Sub-Clause 7.1 (g), (h), (i), (j), (k), or (l) (Amortization Eventsn) above shall be curable at any time.

Effects of Amortization Events. (a) In the case of: (i) any event described in Sections 7.1(a7.1 (a) through (de) (Amortization Eventsand Section 7.1(u), an Amortization Event with respect to the Series 20212013-A Notes will immediately occur without any notice or other action on the part of the Trustee or any Series 20212013-A Noteholder, and (ii) any event described in Sections 7.1(e7.1(f) through (qt), Section 7.1(v) (Amortization Eventsand Section 7.1(w), so long as such event is continuing, either the Trustee may, by written notice to HVF IIIII, or the Required Controlling Class Series 20212013-A Noteholders may, by written notice to HVF III II and the Trustee, declare that an Amortization Event with respect to the Series 20212013-A Notes has occurred as of the date of the notice. (i) An Amortization Event with respect to the Series 20212013-A Notes described in Sections 7.1(a) through (d) (Amortization Events) above may be waived solely with the written consent of Series 20212013-A Noteholders holding 100% of the Series 20212013-A Principal AmountXxxxxx. (ii) An Amortization Event with respect to the Series 20212013-A Notes described in Section 7.1(n7.1(e) (solely with respect to any Group I Leasing Company Amortization EventsEvents the waiver of which requires the consent of the Requisite Group I Investors), Section 7.1(p) (solely with respect to any agreement, covenant or provision in the Series 20212013-A Notes or any other Series 20212013-A Related Document the amendment or modification of which requires the consent of Series 20212013-A Noteholders holding more than 66⅔% of the Series 20212013-A Principal Amount or that otherwise prohibits HVF III II from taking any action without the consent of Series 20212013-A Noteholders holding more than 66⅔% of the Series 20212013-A Principal Amount) or ), Section 7.1(p) (Amortization Events7.1(r) (solely with respect to any agreement, covenant or provision in the related Group I Back-Up Disposition Agent Agreement the amendment or modification of which requires the consent of Series 20212013-A Noteholders holding more than 66⅔% of the Series 20212013-A Principal Amount or that otherwise prohibits HVF III II from taking any action without the consent of Series 20212013-A Noteholders holding more than 66⅔% of the Series 20212013-A Principal Amount) or Section 7.1(u) may be waived solely with the written consent of the Required Unanimous Controlling Class Series 20212013-A Noteholders. (iii) An Amortization Event with respect to the Series 20212013-A Notes described in Sections 7.1(e7.1(f) through (mo) and (oq) and Section 7.1(e) (other than with respect to any Group I Leasing Company Amortization EventsEvents the waiver of which requires the consent of holders of the Requisite Group I Investors), Section 7.1(n) (Amortization Events7.1(p) (other than with respect to any agreement, covenant or provision in the Series 20212013-A Notes or any other Series 20212013-A Related Document the amendment or modification of which requires the consent of Series 20212013-A Noteholders holding more than 66⅔% of the Series 20212013-A Principal Amount or that otherwise prohibits HVF III II from taking any action without the consent of Series 20212013-A Noteholders holding more than 66⅔ of the Series 20212013-A Principal Amount), Section 7.1(p) (Amortization Events7.1(r) (other than with respect to any agreement, covenant or provision in the related Group I Back-Up Disposition Agent Agreement the amendment or modification of which requires the consent of Series 20212013-A Noteholders holding more than 66⅔% of the Series 20212013-A Principal Amount or that otherwise prohibits HVF III II from taking any action without the consent of Series 20212013-A Noteholders holding more than 66⅔% of the Series 20212013-A Principal Amount), Section 7.1(s), Section 7.1(t), Section 7.1(v) or Section 7.1(q) (Amortization Events7.1(w) may be waived solely with the written consent of the Required Supermajority Controlling Class Series 20212013-A Noteholders. Notwithstanding anything herein to the contrary, and for the avoidance of doubt, an Amortization Event with respect to the Series 20212013-A Notes described in any of Section 7.1 (gi), (hj), (ik), or (l) (Amortization Eventsn) above shall be curable at any time.

Effects of Amortization Events. (a) In the case of: (i) any event described in Sections 7.1(a7.1 (a) through (de), Section 7.1(u) (Amortization Eventsand Section 7.1(x), an Amortization Event with respect to the Series 20212013-A B Notes will immediately occur without any notice or other action on the part of the Trustee or any Series 20212013-A B Noteholder, and (ii) any event described in Sections 7.1(e7.1(f) through (q) (Amortization Eventst), Section 7.1(v), and Section 7.1(w) so long as such event is continuing, either the Trustee may, by written notice to HVF IIIII, or the Series 2013-B Required Controlling Class Series 2021-A Noteholders may, by written notice to HVF III II and the Trustee, declare that an Amortization Event with respect to the Series 20212013-A B Notes has occurred as of the date of the notice. (b) (i) An Amortization Event with respect to the Series 20212013-A B Notes described in Sections 7.1(a) through (d) above and Section 7.1 (Amortization Events) above may be waived e), (solely with the written consent of Series 2021-A Noteholders holding 100% of the Series 2021-A Principal Amount. (ii) An Amortization Event with respect to any Group II Leasing Company Amortization Events the Series 2021-A Notes described in waiver of which requires the consent of the Requisite Group II Investors), Section 7.1(n) (Amortization Events7.1(p) (solely with respect to any agreement, covenant or provision in the Series 20212013-A B Notes or any other Series 20212013-A B Related Document the amendment or modification of which requires the consent of Series 20212013-A B Noteholders holding more than 66⅔% of the Series 20212013-A B Principal Amount or that otherwise prohibits HVF III II from taking any action without the consent of Series 20212013-A B Noteholders holding more than 66⅔% of the Series 20210000-A Principal Amount) or X Xxxxxxxxx Xxxxxx), Section 7.1(p) (Amortization Events7.1(r) (solely with respect to any agreement, covenant or provision in the related Group II Back-Up Disposition Agent Agreement the amendment or modification of which requires the consent of Series 20212013-A B Noteholders holding more than 66⅔% of the Series 20212013-A B Principal Amount or that otherwise prohibits HVF III II from taking any action without the consent of Series 20212013-A B Noteholders holding more than 66⅔% of the Series 20210000-A Principal AmountX Xxxxxxxxx Xxxxxx) or Section 7.1(u) may be waived solely with the written consent of the Required Unanimous Controlling Class Series 20212013-A Noteholders. (iii) An Amortization Event with respect to the Series 2021-A Notes described in Sections 7.1(e) through (m) and (o) (Amortization Events), Section 7.1(n) (Amortization Events) (other than with respect to any agreement, covenant or provision in the Series 2021-A Notes or any other Series 2021-A Related Document the amendment or modification of which requires the consent of Series 2021-A B Noteholders holding more than 66⅔% 100% of the Series 20210000-A Principal Amount or that otherwise prohibits HVF III from taking any action without the consent of Series 2021-A Noteholders holding more than 66⅔ of the Series 2021-A Principal Amount), Section 7.1(p) (Amortization Events) (other than with respect to any agreement, covenant or provision in the related Back-Up Disposition Agent Agreement the amendment or modification of which requires the consent of Series 2021-A Noteholders holding more than 66⅔% of the Series 2021-A Principal Amount or that otherwise prohibits HVF III from taking any action without the consent of Series 2021-A Noteholders holding more than 66⅔% of the Series 2021-A Principal Amount) or Section 7.1(q) (Amortization Events) may be waived solely with the written consent of the Required Supermajority Controlling Class Series 2021-A Noteholders. Notwithstanding anything herein to the contrary, and for the avoidance of doubt, an Amortization Event with respect to the Series 2021-A Notes described in any of Section 7.1 (g), (h), (i), or (l) (Amortization Events) above shall be curable at any timeX Xxxxxxxxx Xxxxxx.

Effects of Amortization Events. (a) In the case of: (i) any event described in Sections 7.1(a7.1 (a) through (d) (Amortization Eventse), Section 7.1(u), and Section 7.1(w), an Amortization Event with respect to the Series 20212013-A Notes will immediately occur without any notice or other action on the part of the Trustee or any Series 20212013-A Noteholder, and (ii) any event described in Sections 7.1(e7.1(f) through (qt) (Amortization Eventsand Section 7.1(v), so long as such event is continuing, either the Trustee may, by written notice to HVF IIIII, or the Required Controlling Class Series 20212013-A Required Noteholders may, by written notice to HVF III II and the Trustee, declare that an Amortization Event with respect to the Series 20212013-A Notes has occurred as of the date of the notice. (i) An Amortization Event with respect to the Series 20212013-A Notes described in Sections 7.1(a) through (d) above and Section 7.1 (e), (solely with respect to any Group I Leasing Company Amortization EventsEvents the waiver of which requires the consent of the Group I Supermajority Noteholders), Section 7.1(p) above (solely with respect to any agreement, covenant or provision in the Series 2013-A Notes or any other Series 2013-A Related Document the amendment or modification of which requires the consent of Series 2013-A Noteholders holding more than 66⅔% of the Series 2013-A Principal Amount or that otherwise prohibits HVF II from taking any action without the consent of Series 2013-A Noteholders holding more than 66⅔ of the Series 2013-A Principal Amount), Section 7.1(r) (solely with respect to any agreement, covenant or provision in the Group I Back-Up Disposition Agreement the amendment or modification of which requires the consent of Series 2013-A Noteholders holding more than 66⅔% of the Series 2013-A Principal Amount or that otherwise prohibits HVF II from taking any action without the consent of Series 2013-A Noteholders holding more than 66⅔% of the Series 2013-A Principal Amount) or Section 7.1(u) may be waived solely with the written consent of Series 20212013-A Noteholders holding 100% of the Series 20212013-A Principal Amount. (ii) An Amortization Event with respect to the Series 20212013-A Notes described in Sections 7.1(f) through (o) and (q) and Section 7.1(n7.1(e) (Amortization Events) (solely other than with respect to any agreement, covenant or provision in Group I Leasing Company Amortization Events the Series 2021-A Notes or any other Series 2021-A Related Document the amendment or modification waiver of which requires the consent of Series 2021-A Noteholders holding more than 66⅔% holders of the Series 2021-A Principal Amount or that otherwise prohibits HVF III from taking any action without the consent of Series 2021-A Noteholders holding more than 66⅔% of the Series 2021-A Principal Amount) or Section 7.1(p) (Amortization Events) (solely with respect to any agreement, covenant or provision in the related Back-Up Disposition Agent Agreement the amendment or modification of which requires the consent of Series 2021-A Noteholders holding more than 66⅔% of the Series 2021-A Principal Amount or that otherwise prohibits HVF III from taking any action without the consent of Series 2021-A Noteholders holding more than 66⅔% of the Series 2021-A Principal Amount) may be waived solely with the written consent of the Required Unanimous Controlling Class Series 2021-A Group I Supermajority Noteholders. (iii) An Amortization Event with respect to the Series 2021-A Notes described in Sections 7.1(e) through (m) and (o) (Amortization Events), Section 7.1(n) (Amortization Events7.1(p) (other than with respect to any agreement, covenant or provision in the Series 20212013-A Notes or any other Series 20212013-A Related Document the amendment or modification of which requires the consent of Series 20212013-A Noteholders holding more than 66⅔% of the Series 20212013-A Principal Amount or that otherwise prohibits HVF III II from taking any action without the consent of Series 20212013-A Noteholders holding more than 66⅔ of the Series 20212013-A Principal Amount), Section 7.1(p) (Amortization Events7.1(r) (other than with respect to any agreement, covenant or provision in the related Group I Back-Up Disposition Agent Agreement the amendment or modification of which requires the consent of Series 20212013-A Noteholders holding more than 66⅔% of the Series 20212013-A Principal Amount or that otherwise prohibits HVF III II from taking any action without the consent of Series 20212013-A Noteholders holding more than 66⅔% of the Series 20212013-A Principal Amount), Section 7.1(s), Section 7.1(t) or Section 7.1(q) (Amortization Events7.1(v) may be waived solely with the written consent of the Required Supermajority Controlling Class Series 20212013-A NoteholdersNoteholders holding at least 66⅔% of the Series 2013-A Principal Xxxxxx. In the event of a waiver of any Amortization Event described above, the Trustee shall provide notification thereof to each Rating Agency. (iii) An Amortization Event with respect to the Series 2013-A Notes described in Section 7.1(w) shall be deemed waived if such Series 2013-B Amortization Event shall have been waived under and in accordance with the Series 2013-B Supplement. Notwithstanding anything herein to the contrary, and for the avoidance of doubt, an Amortization Event with respect to the Series 20212013-A Notes described in any of Section 7.1 (gi), (hj), (ik), or (l) (Amortization Eventsn) above shall be curable at any time.

Effects of Amortization Events. (a) In the case of: (i) any event described in Sections 7.1(a7.1 (a) through (de), Section 7.1(u) (Amortization Eventsand Section 7.1(x), an Amortization Event with respect to the Series 20212013-A B Notes will immediately occur without any notice or other action on the part of the Trustee or any Series 20212013-A B Noteholder, and (ii) any event described in Sections 7.1(e7.1(f) through (q) (Amortization Eventst), Section 7.1(v), and Section 7.1(w) so long as such event is continuing, either the Trustee may, by written notice to HVF IIIII, or the Series 2013-B Required Controlling Class Series 2021-A Noteholders may, by written notice to HVF III II and the Trustee, declare that an Amortization Event with respect to the Series 20212013-A B Notes has occurred as of the date of the notice. (i) An Amortization Event with respect to the Series 20212013-A B Notes described in Sections 7.1(a) through (d) above and Section 7.1 (Amortization Events) above may be waived e), (solely with the written consent of Series 2021-A Noteholders holding 100% of the Series 2021-A Principal Amount. (ii) An Amortization Event with respect to any Group II Leasing Company Amortization Events the Series 2021-A Notes described in waiver of which requires the consent of the Requisite Group II Investors), Section 7.1(n) (Amortization Events7.1(p) (solely with respect to any agreement, covenant or provision in the Series 20212013-A B Notes or any other Series 20212013-A B Related Document the amendment or modification of which requires the consent of Series 20212013-A B Noteholders holding more than 66⅔% of the Series 20212013-A B Principal Amount or that otherwise prohibits HVF III II from taking any action without the consent of Series 20212013-A B Noteholders holding more than 66⅔% of the Series 20210000-A Principal Amount) or X Xxxxxxxxx Xxxxxx), Section 7.1(p) (Amortization Events7.1(r) (solely with respect to any agreement, covenant or provision in the related Group II Back-Up Disposition Agent Agreement the amendment or modification of which requires the consent of Series 20212013-A B Noteholders holding more than 66⅔% of the Series 20212013-A B Principal Amount or that otherwise prohibits HVF III II from taking any action without the consent of Series 20212013-A B Noteholders holding more than 66⅔% of the Series 20210000-A Principal AmountX Xxxxxxxxx Xxxxxx) or Section 7.1(u) may be waived solely with the written consent of the Required Unanimous Controlling Class Series 20212013-A Noteholders. (iii) An Amortization Event with respect to the Series 2021-A Notes described in Sections 7.1(e) through (m) and (o) (Amortization Events), Section 7.1(n) (Amortization Events) (other than with respect to any agreement, covenant or provision in the Series 2021-A Notes or any other Series 2021-A Related Document the amendment or modification of which requires the consent of Series 2021-A B Noteholders holding more than 66⅔% 100% of the Series 20210000-A Principal Amount or that otherwise prohibits HVF III from taking any action without the consent of Series 2021-A Noteholders holding more than 66⅔ of the Series 2021-A Principal Amount), Section 7.1(p) (Amortization Events) (other than with respect to any agreement, covenant or provision in the related Back-Up Disposition Agent Agreement the amendment or modification of which requires the consent of Series 2021-A Noteholders holding more than 66⅔% of the Series 2021-A Principal Amount or that otherwise prohibits HVF III from taking any action without the consent of Series 2021-A Noteholders holding more than 66⅔% of the Series 2021-A Principal Amount) or Section 7.1(q) (Amortization Events) may be waived solely with the written consent of the Required Supermajority Controlling Class Series 2021-A Noteholders. Notwithstanding anything herein to the contrary, and for the avoidance of doubt, an Amortization Event with respect to the Series 2021-A Notes described in any of Section 7.1 (g), (h), (i), or (l) (Amortization Events) above shall be curable at any timeX Xxxxxxxxx Xxxxxx.

Effects of Amortization Events. (a) In the case of: (i) any event described in Sections 7.1(a7.1 (a) through (de), Section 7.1(u) (Amortization Eventsand Section 7.1(w), an Amortization Event with respect to the Series 20212014-A Notes will immediately occur without any notice or other action on the part of the Trustee or any Series 20212014-A Noteholder, and (ii) any event described in Sections 7.1(e7.1(f) through (qt), Section 7.1(v) (Amortization Eventsand Section 7.1(x), so long as such event is continuing, either the Trustee may, by written notice to HVF IIIII, or the Required Controlling Class Series 20212014-A Required Noteholders may, by written notice to HVF III II and the Trustee, declare that an Amortization Event with respect to the Series 20212014-A Notes has occurred as of the date of the notice. (i) An Amortization Event with respect to the Series 20212014-A Notes described in Sections 7.1(a) through (d) above and Section 7.1 (Amortization Events) above may be waived e), (solely with the written consent of Series 2021-A Noteholders holding 100% of the Series 2021-A Principal Amount. (ii) An Amortization Event with respect to any Group I Leasing Company Amortization Events the Series 2021-A Notes described in waiver of which requires the consent of the Requisite Group I Investors), Section 7.1(n) (Amortization Events7.1(p) (solely with respect to any agreement, covenant or provision in the Series 20212014-A Notes or any other Series 20212014-A Related Document the amendment or modification of which requires the consent of Series 20212014-A Noteholders holding more than 66⅔% 662/3% of the Series 20212014-A Principal Amount or that otherwise prohibits HVF III II from taking any action without the consent of Series 20212014-A Noteholders holding more than 66⅔% 662/3% of the Series 20212014-A Principal Amount) or ), Section 7.1(p) (Amortization Events7.1(r) (solely with respect to any agreement, covenant or provision in the related Group I Back-Up Disposition Agent Agreement the amendment or modification of which requires the consent of Series 20212014-A Noteholders holding more than 66⅔% 662/3% of the Series 20212014-A Principal Amount or that otherwise prohibits HVF III II from taking any action without the consent of Series 20212014-A Noteholders holding more than 66⅔% 662/3% of the Series 20210000-A Principal AmountX Xxxxxxxxx Xxxxxx) or Section 7.1(u) may be waived solely with the written consent of the Required Unanimous Controlling Class Series 20212014-A NoteholdersNoteholders holding 100% of the Series 0000-X Xxxxxxxxx Xxxxxx. (iiiii) An Amortization Event with respect to the Series 20212014-A Notes described in Sections 7.1(e7.1(f) through (mo) and (oq) and Section 7.1(e) (other than with respect to any Group I Leasing Company Amortization EventsEvents the waiver of which requires the consent of holders of the Requisite Group I Investors), Section 7.1(n) (Amortization Events7.1(p) (other than with respect to any agreement, covenant or provision in the Series 20212014-A Notes or any other Series 20212014-A Related Document the amendment or modification of which requires the consent of Series 20212014-A Noteholders holding more than 66⅔% 662/3% of the Series 20212014-A Principal Amount or that otherwise prohibits HVF III II from taking any action without the consent of Series 20212014-A Noteholders holding more than 66⅔ 662/3 of the Series 20212014-A Principal Amount), Section 7.1(p) (Amortization Events7.1(r) (other than with respect to any agreement, covenant or provision in the related Group I Back-Up Disposition Agent Agreement the amendment or modification of which requires the consent of Series 20212014-A Noteholders holding more than 66⅔% 662/3% of the Series 20212014-A Principal Amount or that otherwise prohibits HVF III II from taking any action without the consent of Series 20212014-A Noteholders holding more than 66⅔% 662/3% of the Series 20212014-A Principal Amount), Section 7.1(s), Section 7.1(t), Section 7.1(v) or Section 7.1(q) (Amortization Events7.1(x) may be waived solely with the written consent of the Required Supermajority Controlling Class Series 20212014-A NoteholdersNoteholders holding at least 662/3% of the Series 2014-A Principal Amount. (c) An Amortization Event with respect to the Series 2014-A Notes described in Section 7.1(w) shall be deemed waived if such Series 2013-A Amortization Event shall have been waived under and in accordance with the Series 2013-A Supplement. In addition, an Amortization Event with respect to the Series 2014-A Notes described in Section 7.1(w) may be waived with the written consent of Series 2014-A Noteholders holding at least 662/3% of the Series 2014-A Principal Amount. Notwithstanding anything herein to the contrary, contrary and for the avoidance of doubt, an Amortization Event with respect to the Series 20212014-A Notes described in any of Section 7.1 (gi), (hj), (ik), or (l) (Amortization Eventsn) above shall be curable at any time.

Effects of Amortization Events. (a) In the case of: (i) any event described in Sections 7.1(a7.1 (a) through (de), Section 7.1(u) (Amortization Eventsand Section 7.1(w), an Amortization Event with respect to the Series 20212014-A Notes will immediately occur without any notice or other action on the part of the Trustee or any Series 20212014-A Noteholder, and (ii) any event described in Sections 7.1(e7.1(f) through (qt), Section 7.1(v) (Amortization Eventsand Section 7.1(x), so long as such event is continuing, either the Trustee may, by written notice to HVF IIIII, or the Required Controlling Class Series 20212014-A Noteholders may, by written notice to HVF III II and the Trustee, declare that an Amortization Event with respect to the Series 20212014-A Notes has occurred as of the date of the notice.. WEIL:\95450705\27\52399.0041 (i) An Amortization Event with respect to the Series 20212014-A Notes described in Sections 7.1(a) through (d) (Amortization Events) above may be waived solely with the written consent of the Series 20212014-A Noteholders holding 100% of the Series 20210000-A Principal AmountX Xxxxxxxxx Xxxxxx. (ii) An Amortization Event with respect to the Series 20212014-A Notes described in Section 7.1(n7.1 (e) (solely with respect to any Group I Leasing Company Amortization EventsEvents the waiver of which requires the consent of the Requisite Group I Investors), Section 7.1(p) (solely with respect to any agreement, covenant or provision in the Series 20212014-A Notes or any other Series 20212014-A Related Document the amendment or modification of which requires the consent of Series 20212014-A Noteholders holding more than 66⅔% of the Series 20212014-A Principal Amount or that otherwise prohibits HVF III II from taking any action without the consent of Series 20212014-A Noteholders holding more than 66⅔% of the Series 20212014-A Principal Amount) or ), Section 7.1(p) (Amortization Events7.1(r) (solely with respect to any agreement, covenant or provision in the related Group I Back-Up Disposition Agent Agreement the amendment or modification of which requires the consent of Series 20212014-A Noteholders holding more than 66⅔% of the Series 20212014-A Principal Amount or that otherwise prohibits HVF III II from taking any action without the consent of Series 20212014-A Noteholders holding more than 66⅔% of the Series 20210000-A Principal AmountX Xxxxxxxxx Xxxxxx) or Section 7.1(u) may be waived solely with the written consent of the Required Unanimous Controlling Class Series 20212014-A Noteholders. (iii) An Amortization Event with respect to the Series 20212014-A Notes described in Sections 7.1(e7.1(f) through (mo) and (oq) and Section 7.1(e) (other than with respect to any Group I Leasing Company Amortization EventsEvents the waiver of which requires the consent of holders of the Requisite Group I Investors), Section 7.1(n) (Amortization Events7.1(p) (other than with respect to any agreement, covenant or provision in the Series 20212014-A Notes or any other Series 20212014-A Related Document the amendment or modification of which requires the consent of Series 20212014-A Noteholders holding more than 66⅔% of the Series 20212014-A Principal Amount or that otherwise prohibits HVF III II from taking any action without the consent of Series 20212014-A Noteholders holding more than 66⅔ of the Series 20212014-A Principal Amount), Section 7.1(p) (Amortization Events7.1(r) (other than with respect to any agreement, covenant or provision in the related Group I Back-Up Disposition Agent Agreement the amendment or modification of which requires the consent of Series 20212014-A Noteholders holding more than 66⅔% of the Series 20212014-A Principal Amount or that otherwise prohibits HVF III II from taking any action without the consent of Series 20212014-A Noteholders holding more than 66⅔% of the Series 20212014-A Principal Amount), Section 7.1(s), Section 7.1(t), Section 7.1(v) or Section 7.1(q) (Amortization Events7.1(x) may be waived solely with the written consent of the Required Supermajority Controlling Class Series 20212014-A Noteholders. (iv) An Amortization Event with respect to the Series 2014-A Notes described in Section 7.1(w) shall be deemed waived if such Series 2013-A Amortization Event shall have been waived under and in accordance with the Series 2013-A Supplement. In addition, an Amortization Event with respect to the Series 2014-A Notes WEIL:\95450705\27\52399.0041 described in Section 7.1(w) may be waived with the written consent of the Required Supermajority Controlling Class Series 2014-A Noteholders. Notwithstanding anything herein to the contrary, contrary and for the avoidance of doubt, an Amortization Event with respect to the Series 20212014-A Notes described in any of Section 7.1 (gi), (hj), (ik), or (l) (Amortization Eventsn) above shall be curable at any time.