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 (e), Section 7.1(u), Section 7.1(w) and Section 7.1(y), an Amortization Event with respect to the Series 2013-A Notes will immediately occur without any notice or other action on the part of the Trustee or any Series 2013-A Noteholder, and (ii) any event described in Sections 7.1(f) through (t), Section 7.1(v) and Section 7.1(x), so long as such event is continuing, either the Trustee may, by written notice to HVF II, or the Series 2013-A Required Noteholders may, by written notice to HVF II and the Trustee, declare that an Amortization Event with respect to the Series 2013-A Notes has occurred as of the date of the notice. (i) An Amortization Event with respect to the Series 2013-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 Events 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 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 662/3% 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 662/3% 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 662/3% 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 662/3% of the Series 0000-X Xxxxxxxxx Xxxxxx) or Section 7.1(u) may be waived solely with the written consent of Series 2013-A Noteholders holding 100% of the Series 0000-X Xxxxxxxxx Xxxxxx. (ii) An Amortization Event with respect to the Series 2013-A Notes described in Sections 7.1(f) through (o) and (q) and Section 7.1(e) (other than with respect to any Group I Leasing Company Amortization Events the waiver of which requires the consent of holders of the Requisite Group I Investors), Section 7.1(p) (other than 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 662/3% 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 662/3 of the Series 2013-A Principal Amount), Section 7.1(r) (other than 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 662/3% 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 662/3% of the Series 2013-A Principal Amount), Section 7.1(s), Section 7.1(t), Section 7.1(v) or Section 7.1(x) may be waived solely with the written consent of Series 2013-A Noteholders holding at least 662/3% of the Series 2013-A Principal Amount. (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. (iv) An Amortization Event with respect to the Series 2013-A Notes described in Section 7.1(y) shall be deemed waived if such Series 2014-A Amortization Event shall have been waived under and in accordance with the Series 2014-A Supplement. In addition, an Amortization Event with respect to the Series 2013-A Notes described in Section 7.1(y) may be waived with the written consent of Series 2013-A Noteholders holding at least 662/3% of the Series 2013-A Principal Amount. Notwithstanding anything herein to the contrary, and for the avoidance of doubt, an Amortization Event with respect to the Series 2013-A Notes described in any of Section 7.1 (i), (j), (k), or (n) above shall be curable at any time.

Appears in 1 contract

Samples: Amended and Restated Series Supplement (Hertz Corp)

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Effects of Amortization Events. (a) In the case of: (i) any event described in Sections 7.1 (a) through (e), Section 7.1(u), Section 7.1(w) and Section 7.1(y7.1(x), an Amortization Event with respect to the Series 2013-A B Notes will immediately occur without any notice or other action on the part of the Trustee or any Series 2013-A B Noteholder, and (ii) any event described in Sections 7.1(f) through (t), Section 7.1(v) ), and Section 7.1(x), 7.1(w) so long as such event is continuing, either the Trustee may, by written notice to HVF II, or the Required Controlling Class Series 2013-A Required B Noteholders may, by written notice to HVF II and the Trustee, declare that an Amortization Event with respect to the Series 2013-A B Notes has occurred as of the date of the notice. (i) An Amortization Event with respect to the Series 2013-A B 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 Events 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 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 662/3% 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 662/3% 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 662/3% 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 662/3% of the Series 0000-X Xxxxxxxxx Xxxxxx) or Section 7.1(u) may be waived solely with the written consent of Series 2013-A B Noteholders holding 100% of the Series 0000-X Xxxxxxxxx Xxxxxx. (ii) An Amortization Event with respect to the Series 2013-A B Notes described in Section 7.1(e) (solely with respect to any Group II Leasing Company Amortization Events the waiver of which requires the consent of the Requisite Group II Investors), Section 7.1(p) (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 0000-X Xxxxxxxxx Xxxxxx), Section 7.1(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 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 the Required Unanimous Controlling Class Series 2013-B Noteholders. (iii) An Amortization Event with respect to the Series 2013-B Notes described in Sections 7.1(f) through (o) and (q) and Section 7.1(e) (other than with respect to any Group I II Leasing Company Amortization Events the waiver of which requires the consent of holders of the Requisite Group I II Investors), Section 7.1(p) (other than with respect to any agreement, covenant or provision in the Series 2013-A B Notes or any other Series 2013-A B Related Document the amendment or modification of which requires the consent of Series 2013-A B Noteholders holding more than 662/3% 66⅔% of the Series 2013-A B Principal Amount or that otherwise prohibits HVF II from taking any action without the consent of Series 2013-A B Noteholders holding more than 662/3 66⅔ of the Series 2013-A B Principal Amount), Section 7.1(r) (other than with respect to any agreement, covenant or provision in the related Group I II Back-Up Disposition Agent Agreement the amendment or modification of which requires the consent of Series 2013-A B Noteholders holding more than 662/3% 66⅔% of the Series 2013-A B Principal Amount or that otherwise prohibits HVF II from taking any action without the consent of Series 2013-A B Noteholders holding more than 662/3% 66⅔% of the Series 20130000-A Principal AmountX Xxxxxxxxx Xxxxxx), Section 7.1(s), Section 7.1(t), Section 7.1(v) or Section 7.1(x) may be waived solely with the written consent of the Required Supermajority Controlling Class Series 2013-A Noteholders holding at least 662/3% of the Series 2013-A Principal AmountB Noteholders. (iiiiv) An Amortization Event with respect to the Series 2013-A B Notes described in Section 7.1(w7.1(x) shall be deemed waived if such Series 2013-B A Amortization Event shall have been waived under and in accordance with the Series 2013-B Supplement. (iv) An Amortization Event with respect to the Series 2013-A Notes described in Section 7.1(y) shall be deemed waived if such Series 2014-A Amortization Event shall have been waived under and in accordance with the Series 2014-A Supplement. In addition, an Amortization Event with respect to the Series 2013-A Notes described in Section 7.1(y) may be waived with the written consent of Series 2013-A Noteholders holding at least 662/3% of the Series 2013-A Principal Amount. Notwithstanding anything herein to the contrary, and for the avoidance of doubt, an Amortization Event with respect to the Series 2013-A B Notes described in any of Section 7.1 (i), (j), (k), or (n) above shall be curable at any time.

Appears in 1 contract

Samples: Fourth Amended and Restated Series 2013 B Supplement (Hertz Corp)

Effects of Amortization Events. (a) In the case of: (i) any event described in Sections 7.1 (a) through (e), Section 7.1(u), Section 7.1(w) and Section 7.1(y7.1(w), an Amortization Event with respect to the Series 2013-A Notes will immediately occur without any notice or other action on the part of the Trustee or any Series 2013-A Noteholder, and (ii) any event described in Sections 7.1(f) through (t), Section 7.1(v) and Section 7.1(x), so long as such event is continuing, either the Trustee may, by written notice to HVF II, or the Required Controlling WEIL:\96021878\3\52399.0016 Class Series 2013-A Required Noteholders may, by written notice to HVF II and the Trustee, declare that an Amortization Event with respect to the Series 2013-A Notes has occurred as of the date of the notice. (i) An Amortization Event with respect to the Series 2013-A Notes described in Sections 7.1(a) through (d) above and may be waived solely with the written consent of Series 2013-A Noteholders holding 100% of the Series 0000-X Xxxxxxxxx Xxxxxx. (ii) An Amortization Event with respect to the Series 2013-A Notes described in Section 7.1 (e), 7.1(e) (solely with respect to any Group I Leasing Company Amortization Events 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 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 662/3% 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 662/3% 66⅔% of the Series 2013-A Principal Amount), Section 7.1(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 2013-A Noteholders holding more than 662/3% 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 662/3% 66⅔% of the Series 0000-X Xxxxxxxxx Xxxxxx) or Section 7.1(u) may be waived solely with the written consent of the Required Unanimous Controlling Class Series 2013-A Noteholders holding 100% of the Series 0000-X Xxxxxxxxx XxxxxxNoteholders. (iiiii) An Amortization Event with respect to the Series 2013-A Notes described in Sections 7.1(f) through (o) and (q) and Section 7.1(e) (other than with respect to any Group I Leasing Company Amortization Events the waiver of which requires the consent of holders of the Requisite Group I Investors), Section 7.1(p) (other than 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 662/3% 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 662/3 66⅔ of the Series 2013-A Principal Amount), Section 7.1(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 2013-A Noteholders holding more than 662/3% 66⅔% of the Series 2013-A Principal Amount or that otherwise prohibits HVF WEIL:\96021878\3\52399.0016 II from taking any action without the consent of Series 2013-A Noteholders holding more than 662/3% 66⅔% of the Series 2013-A Principal Amount), Section 7.1(s), Section 7.1(t), Section 7.1(v) or Section 7.1(x) may be waived solely with the written consent of the Required Supermajority Controlling Class Series 2013-A Noteholders holding at least 662/3% of the Series 2013-A Principal AmountNoteholders. (iiiiv) 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. (iv) An Amortization Event with respect to the Series 2013-A Notes described in Section 7.1(y) shall be deemed waived if such Series 2014-A Amortization Event shall have been waived under and in accordance with the Series 2014-A Supplement. In addition, an Amortization Event with respect to the Series 2013-A Notes described in Section 7.1(y) may be waived with the written consent of Series 2013-A Noteholders holding at least 662/3% of the Series 2013-A Principal Amount. Notwithstanding anything herein to the contrary, and for the avoidance of doubt, an Amortization Event with respect to the Series 2013-A Notes described in any of Section 7.1 (i), (j), (k), or (n) above shall be curable at any time.

Appears in 1 contract

Samples: Third Amended and Restated Series 2013 a Supplement (Hertz Corp)

Effects of Amortization Events. (a) In the case of: (i) any event described in Sections 7.1 (a) through (e), Section 7.1(u), Section 7.1(w) and Section 7.1(y), an Amortization Event with respect to the Series 2013-A Notes will immediately occur without any notice or other action on the part of the Trustee or any Series 2013-A Noteholder, and (ii) any event described in Sections 7.1(f) through (t), Section 7.1(v) and Section 7.1(x), so long as such event is continuing, either the Trustee may, by written notice to HVF II, or the Required Controlling Class Series 2013-A Required Noteholders may, by written notice to HVF II and the Trustee, declare that an Amortization Event with respect to the Series 2013-A Notes has occurred as of the date of the notice. (i) An Amortization Event with respect to the Series 2013-A Notes described in Sections 7.1(a) through (d) above and may be waived solely with the written consent of Series 2013-A Noteholders holding 100% of the Series 0000-X Xxxxxxxxx Xxxxxx. (ii) An Amortization Event with respect to the Series 2013-A Notes described in Section 7.1 (e), 7.1(e) (solely with respect to any Group I Leasing Company Amortization Events 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 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 662/3% 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 662/3% 66⅔% of the Series 2013-A Principal Amount), Section 7.1(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 2013-A Noteholders holding more than 662/3% 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 662/3% 66⅔% of the Series 0000-X Xxxxxxxxx Xxxxxx) or Section 7.1(u) may be waived solely with the written consent of the Required Unanimous Controlling Class Series 2013-A Noteholders holding 100% of the Series 0000-X Xxxxxxxxx XxxxxxNoteholders. (iiiii) An Amortization Event with respect to the Series 2013-A Notes described in Sections 7.1(f) through (o) and (q) and Section 7.1(e) (other than with respect to any Group I Leasing Company Amortization Events the waiver of which requires the consent of holders of the Requisite Group I Investors), Section 7.1(p) (other than 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 662/3% 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 662/3 66⅔ of the Series 2013-A Principal Amount), Section 7.1(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 2013-A Noteholders holding more than 662/3% 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 662/3% 66⅔% of the Series 2013-A Principal Amount), Section 7.1(s), Section 7.1(t), Section 7.1(v) or Section 7.1(x) may be waived solely with the written consent of the Required Supermajority Controlling Class Series 2013-A Noteholders holding at least 662/3% of the Series 2013-A Principal AmountNoteholders. (iiiiv) 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. (ivv) An Amortization Event with respect to the Series 2013-A Notes described in Section 7.1(y) shall be deemed waived if such Series 2014-A Amortization Event shall have been waived under and in accordance with the Series 2014-A Supplement. In addition, an Amortization Event with respect to the Series 2013-A Notes described in Section 7.1(y) may be waived with the written consent of the Required Supermajority Controlling Class Series 2013-A Noteholders holding at least 662/3% of the Series 2013-A Principal AmountNoteholders. Notwithstanding anything herein to the contrary, and for the avoidance of doubt, an Amortization Event with respect to the Series 2013-A Notes described in any of Section 7.1 (i), (j), (k), or (n) above shall be curable at any time.

Appears in 1 contract

Samples: Second Amended and Restated Series 2013 a Supplement (Hertz Corp)

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Effects of Amortization Events. (a) In the case of: (i) any event described in Sections 7.1 (a) through (e), Section 7.1(u), Section 7.1(w) and Section 7.1(y7.1(w), an Amortization Event with respect to the Series 2013-A Notes will immediately occur without any notice or other action on the part of the Trustee or any Series 2013-A Noteholder, and (ii) any event described in Sections 7.1(f) through (t), Section 7.1(v) and Section 7.1(x), so long as such event is continuing, either the Trustee may, by written notice to HVF II, or the Required Controlling Class Series 2013-A Required Noteholders may, by written notice to HVF II and the Trustee, declare that an Amortization Event with respect to the Series 2013-A Notes has occurred as of the date of the notice. (i) An Amortization Event with respect to the Series 2013-A Notes described in Sections 7.1(a) through (d) above and may be waived solely with the written consent of Series 2013-A Noteholders holding 100% of the Series 0000-X Xxxxxxxxx Xxxxxx. (ii) An Amortization Event with respect to the Series 2013-A Notes described in Section 7.1 (e), 7.1(e) (solely with respect to any Group I Leasing Company Amortization Events 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 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 662/3% 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 662/3% 66⅔% of the Series 2013-A Principal Amount), Section 7.1(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 2013-A Noteholders holding more than 662/3% 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 662/3% 66⅔% of the Series 0000-X Xxxxxxxxx Xxxxxx) or Section 7.1(u) may be waived solely with the written consent of the Required Unanimous Controlling Class Series 2013-A Noteholders holding 100% of the Series 0000-X Xxxxxxxxx XxxxxxNoteholders. (iiiii) An Amortization Event with respect to the Series 2013-A Notes described in Sections 7.1(f) through (o) and (q) and Section 7.1(e) (other than with respect to any Group I Leasing Company Amortization Events the waiver of which requires the consent of holders of the Requisite Group I Investors), Section 7.1(p) (other than 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 662/3% 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 662/3 66⅔ of the Series 2013-A Principal Amount), Section 7.1(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 2013-A Noteholders holding more than 662/3% 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 662/3% 66⅔% of the Series 2013-A Principal Amount), Section 7.1(s), Section 7.1(t), Section 7.1(v) or Section 7.1(x) may be waived solely with the written consent of the Required Supermajority Controlling Class Series 2013-A Noteholders holding at least 662/3% of the Series 2013-A Principal AmountNoteholders. (iiiiv) 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. (iv) An Amortization Event with respect to the Series 2013-A Notes described in Section 7.1(y) shall be deemed waived if such Series 2014-A Amortization Event shall have been waived under and in accordance with the Series 2014-A Supplement. In addition, an Amortization Event with respect to the Series 2013-A Notes described in Section 7.1(y) may be waived with the written consent of Series 2013-A Noteholders holding at least 662/3% of the Series 2013-A Principal Amount. Notwithstanding anything herein to the contrary, and for the avoidance of doubt, an Amortization Event with respect to the Series 2013-A Notes described in any of Section 7.1 (i), (j), (k), or (n) above shall be curable at any time.

Appears in 1 contract

Samples: Fourth Amended and Restated Series 2013 a Supplement (Hertz Corp)

Effects of Amortization Events. (a) In the case of: (i) any event described in Sections 7.1 (a) through (e), Section 7.1(u), Section 7.1(w) and Section 7.1(y7.1(x), an Amortization Event with respect to the Series 2013-A B Notes will immediately occur without any notice or other action on the part of the Trustee or any Series 2013-A B Noteholder, and (ii) any event described in Sections 7.1(f) through (t), Section 7.1(v) ), and Section 7.1(x), 7.1(w) so long as such event is continuing, either the Trustee may, by written notice to HVF II, or the Required Controlling Class Series 2013-A Required B Noteholders may, by written notice to HVF II and the Trustee, declare that an Amortization Event with respect to the Series 2013-A B Notes has occurred as of the date of the notice. (i) An Amortization Event with respect to the Series 2013-A B 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 Events 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 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 662/3% 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 662/3% 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 662/3% 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 662/3% of the Series 0000-X Xxxxxxxxx Xxxxxx) or Section 7.1(u) may be waived solely with the written consent of Series 2013-A B Noteholders holding 100% of the Series 0000-X Xxxxxxxxx Xxxxxx. (ii) An Amortization Event with respect to the Series 2013-A B Notes described in Section 7.1(e) (solely with respect to any Group II Leasing Company Amortization Events the waiver of which requires the consent of the Requisite Group II Investors), Section 7.1(p) (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 0000-X Xxxxxxxxx Xxxxxx), Section 7.1(r) (solely with respect to any agreement, covenant or provision in the related Group II Back-Up Disposition WEIL:\96021961\2\52399.0016 Agent 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 0000-X Xxxxxxxxx Xxxxxx) or Section 7.1(u) may be waived solely with the written consent of the Required Unanimous Controlling Class Series 2013-B Noteholders. (iii) An Amortization Event with respect to the Series 2013-B Notes described in Sections 7.1(f) through (o) and (q) and Section 7.1(e) (other than with respect to any Group I II Leasing Company Amortization Events the waiver of which requires the consent of holders of the Requisite Group I II Investors), Section 7.1(p) (other than with respect to any agreement, covenant or provision in the Series 2013-A B Notes or any other Series 2013-A B Related Document the amendment or modification of which requires the consent of Series 2013-A B Noteholders holding more than 662/3% 66⅔% of the Series 2013-A B Principal Amount or that otherwise prohibits HVF II from taking any action without the consent of Series 2013-A B Noteholders holding more than 662/3 66⅔ of the Series 2013-A B Principal Amount), Section 7.1(r) (other than with respect to any agreement, covenant or provision in the related Group I II Back-Up Disposition Agent Agreement the amendment or modification of which requires the consent of Series 2013-A B Noteholders holding more than 662/3% 66⅔% of the Series 2013-A B Principal Amount or that otherwise prohibits HVF II from taking any action without the consent of Series 2013-A B Noteholders holding more than 662/3% 66⅔% of the Series 20130000-A Principal AmountX Xxxxxxxxx Xxxxxx), Section 7.1(s), Section 7.1(t), Section 7.1(v) or Section 7.1(x7.1(v) may be waived solely with the written consent of the Required Supermajority Controlling Class Series 2013-A Noteholders holding at least 662/3% of the Series 2013-A Principal AmountB Noteholders. (iiiiv) An Amortization Event with respect to the Series 2013-A B Notes described in Section 7.1(w7.1(x) shall be deemed waived if such Series 2013-B A Amortization Event shall have been waived under and in accordance with the Series 2013-B Supplement. (iv) An Amortization Event with respect to the Series 2013-A Notes described in Section 7.1(y) shall be deemed waived if such Series 2014-A Amortization Event shall have been waived under and in accordance with the Series 2014-A Supplement. In addition, an Amortization Event with respect to the Series 2013-A Notes described in Section 7.1(y) may be waived with the written consent of Series 2013-A Noteholders holding at least 662/3% of the Series 2013-A Principal Amount. Notwithstanding anything herein to the contrary, and for the avoidance of doubt, an Amortization Event with respect to the Series 2013-A B Notes described in any of Section 7.1 (i), (j), (k), or (n) above shall be curable at any time.

Appears in 1 contract

Samples: Third Amended and Restated Series 2013 B Supplement (Hertz Corp)

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