Common use of Lessee’s Rights to Purchase Manufacturer Receivables Clause in Contracts

Lessee’s Rights to Purchase Manufacturer Receivables. In addition, each Lessee will have the option, exercisable with respect to any Manufacturer Receivable related to a Financed Vehicle which was leased by such Lessee under this Financing Lease, to purchase such Manufacturer Receivable for a price equal to the amount due from the Manufacturer under such Manufacturer Receivable, in which event the Lessee will pay such amount to the Master Collateral Agent on or before the Payment Date next succeeding such purchase by the Lessee. Upon receipt of such funds by the Master Collateral Agent, the Lessor, at the request of the Lessee, shall cause title to any such Manufacturer Receivable to be transferred to the Lessee, and the lien of the Master Collateral Agent in such Manufacturer Receivable will automatically be released concurrently with or promptly after the purchase price for such Manufacturer Receivable (and any unpaid Monthly Base Rent, unpaid Monthly Variable Rent and other unpaid charges, payments and amounts with respect to the related Vehicle) is paid by the Lessee to the Master Collateral Agent or the Trustee. Litigation Claims None, other than those set forth in (i) Dollar Thrifty Automotive Group, Inc.’s Annual Report on Form 10-K for the fiscal year ended December 31, 2010, or (ii) any other filings made by Dollar Thrifty Automotive Group, Inc. with the Securities and Exchange Commission on or prior to the date hereof in respect of the period since December 31, 2010. [Reserved] Schedule 3 Business Locations Legal Name and Trade Name Chief Executive Office Business Location State of Principal Place of Business States in which it Conducts Business or Maintains Records DTG OPERATIONS: Legal Name: DTG Operations, Inc. Trade Names: DTG Operations Dollar Dollar Rent A Car Thrifty Thrifty Car Rental 0000 Xxxx 00xx Xxxxxx Xxxxx, XX 00000 Oklahoma Each of the 50 States from time to time DTAG: Legal Name: Dollar Thrifty Automotive Group, Inc. Trade Names: Dollar Dollar Rent A Car Thrifty Thrifty Car Rental 0000 Xxxx 00xx Xxxxxx Xxxxx, XX 00000 Oklahoma Oklahoma and Florida Schedule 4 Liens NONE ATTACHMENT A-1 Refinancing Schedule Information on Refinanced Vehicles and Eligible Receivables Refinanced Vehicles

Appears in 1 contract

Samples: Master Motor Vehicle Lease (Dollar Thrifty Automotive Group Inc)

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Lessee’s Rights to Purchase Manufacturer Receivables. In addition, each Lessee will have the option, exercisable with respect to any Manufacturer Receivable related to a Financed Vehicle which was leased by such Lessee under this Financing Lease, to purchase such Manufacturer Receivable for a price equal to the amount due from the Manufacturer under such Manufacturer Receivable, in which event the Lessee will pay such amount to the Master Collateral Agent on or before the Payment Date next succeeding such purchase by the Lessee. Upon receipt of such funds by the Master Collateral Agent, the Lessor, at the request of the Lessee, shall cause title to any such Manufacturer Receivable to be transferred to the Lessee, and the lien of the Master Collateral Agent in such Manufacturer Receivable will automatically be released concurrently with or promptly after the purchase price for such Manufacturer Receivable (and any unpaid Monthly Base Rent, unpaid Monthly Variable Rent and other unpaid charges, payments and amounts with respect to the related Vehicle) is paid by the Lessee to the Master Collateral Agent or the Trustee. Litigation Claims None, other than those set forth in (i) Dollar Thrifty Automotive Group, Inc.’s Annual Report on Form 10-K for the fiscal year ended December 31, 20102009, or (ii) any other filings made by Dollar Thrifty Automotive Group, Inc. with the Securities and Exchange Commission on or prior to the date hereof in respect of the period since December 31, 20102009. [Reserved] Schedule 3 Business Locations Legal Name and Trade Name Chief Executive Office Business Location State of Principal Place of Business States in which it Conducts Business or Maintains Records DTG OPERATIONS: Legal Name: DTG Operations, Inc. Trade Names: DTG Operations Dollar Dollar Rent A Car Thrifty Thrifty Car Rental 0000 5000 Xxxx 00xx Xxxxxx Xxxxx, XX 00000 Oklahoma Each of the 50 States from time to time DTAG: Legal Name: Dollar Thrifty Automotive Group, Inc. Trade Names: Dollar Dollar Rent A Car Thrifty Thrifty Car Rental 0000 5000 Xxxx 00xx Xxxxxx Xxxxx, XX 00000 Oklahoma Oklahoma and Florida Schedule 4 Liens NONE ATTACHMENT A-1 Refinancing Schedule Information on Refinanced Vehicles and Eligible Receivables Refinanced Vehicles

Appears in 1 contract

Samples: And Servicing Agreement (Dollar Thrifty Automotive Group Inc)

Lessee’s Rights to Purchase Manufacturer Receivables. In addition, each Lessee will have the option, exercisable with respect to any Manufacturer Receivable related to a Financed Vehicle which was leased by such Lessee under this Financing Lease, to purchase such Manufacturer Receivable for a price equal to the amount due from the Manufacturer under such Manufacturer Receivable, in which event the Lessee will pay such amount to the Master Collateral Agent on or before the Payment Date next succeeding such purchase by the Lessee. Upon receipt of such funds by the Master Collateral Agent, the Lessor, at the request of the Lessee, shall cause title to any such Manufacturer Receivable to be transferred to the Lessee, and the lien of the Master Collateral Agent in such Manufacturer Receivable will automatically be released concurrently with or promptly after the purchase price for such Manufacturer Receivable (and any unpaid Monthly Base Rent, unpaid Monthly Variable Rent and other unpaid charges, payments and amounts with respect to the related Vehicle) is paid by the Lessee to the Master Collateral Agent or the Trustee. Litigation Claims None, other than those set forth in (i) Dollar Thrifty Automotive Group, Inc.’s Annual Report on Form 10-K for the fiscal year ended December 31, 2010, or (ii) any other filings made by Dollar Thrifty Automotive Group, Inc. with the Securities and Exchange Commission on or prior to the date hereof in respect of the period since December 31, 20102009. [Reserved] Schedule 3 Business Locations Legal Name and Trade Name Chief Executive Office Business Location State of Principal Place of Business States in which it Conducts Business or Maintains Records DTG OPERATIONS: Legal Name: DTG Operations, Inc. Trade Names: DTG Operations Dollar Dollar Rent A Car Thrifty Thrifty Car Rental 0000 5000 Xxxx 00xx Xxxxxx Xxxxx, XX 00000 Oklahoma Each of the 50 States from time to time DTAG: Legal Name: Dollar Thrifty Automotive Group, Inc. Trade Names: Dollar Dollar Rent A Car Thrifty Thrifty Car Rental 0000 5000 Xxxx 00xx Xxxxxx Xxxxx, XX 00000 Oklahoma Oklahoma and Florida Schedule 4 Liens NONE ATTACHMENT A-1 Refinancing Schedule Information on Refinanced Vehicles and Eligible Receivables Refinanced Vehicles

Appears in 1 contract

Samples: And Servicing Agreement (Dollar Thrifty Automotive Group Inc)

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Lessee’s Rights to Purchase Manufacturer Receivables. In addition, each Lessee will have the option, exercisable with respect to any Manufacturer Receivable related to a Financed Vehicle which was leased by such Lessee under this Financing Lease, to purchase such Manufacturer Receivable for a price equal to the amount due from the Manufacturer under such Manufacturer Receivable, in which event the Lessee will pay such amount to the Master Collateral Agent on or before the Payment Date next succeeding such purchase by the Lessee. Upon receipt of such funds by the Master Collateral Agent, the Lessor, at the request of the Lessee, shall cause title to any such Manufacturer Receivable to be transferred to the Lessee, and the lien of the Master Collateral Agent in such Manufacturer Receivable will automatically be released concurrently with or promptly after the purchase price for such Manufacturer Receivable (and any unpaid Monthly Base Rent, unpaid Monthly Variable Rent and other unpaid charges, payments and amounts with respect to the related Vehicle) is paid by the Lessee to the Master Collateral Agent or the Trustee. Litigation Claims None, other than those set forth in (i) Dollar Thrifty Automotive Group, Inc.’s Annual Report on Form 10-K for the fiscal year ended December 31, 2010, or (ii) any other filings made by Dollar Thrifty Automotive Group, Inc. with the Securities and Exchange Commission on or prior to the date hereof in respect of the period since December 31, 2010. Schedule 2 [Reserved] Schedule 3 Business Locations Legal Name and Trade Name Chief Executive Office Business Location State of Principal Place of Business States in which it Conducts Business or Maintains Records DTG OPERATIONS: Legal Name: DTG Operations, Inc. Trade Names: DTG Operations Dollar Dollar Rent A Car Thrifty Thrifty Car Rental 0000 Xxxx 00xx Xxxxxx Xxxxx, XX 00000 Oklahoma Each of the 50 States from time to time DTAG: Legal Name: Dollar Thrifty Automotive Group, Inc. Trade Names: Dollar Dollar Rent A Car Thrifty Thrifty Car Rental 0000 Xxxx 00xx Xxxxxx Xxxxx, XX 00000 Oklahoma Oklahoma and Florida Schedule 4 Liens NONE ATTACHMENT A-1 Refinancing Schedule Information on Refinanced Vehicles and Eligible Receivables Refinanced Vehicles

Appears in 1 contract

Samples: And Servicing Agreement (Dollar Thrifty Automotive Group Inc)

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