Common use of Maintenance of Separate Existence Clause in Contracts

Maintenance of Separate Existence. Each Lessee and DTAG acknowledge their receipt of a copy of those certain opinion letters issued by Xxxxxx & Xxxxxxx LLP dated April 21, 2005 addressing the issue of substantive consolidation as it may relate to DTAG and RCFC. Each of the Lessees, DTAG and RCFC hereby agrees to maintain in place all policies and procedures, and take and continue to take all action, described in the factual assumptions set forth in such opinion letter and relating to such Person, except as may be confirmed as not required in a subsequent or supplemental opinion of Xxxxxx & Xxxxxxx LLP addressing the issue of substantive consolidation as it may relate to DTAG and RCFC; and

Appears in 2 contracts

Samples: Enhancement Letter of Credit Application and Agreement (Dollar Thrifty Automotive Group Inc), Enhancement Letter of Credit Application and Agreement (Dollar Thrifty Automotive Group Inc)

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Maintenance of Separate Existence. Each Lessee and DTAG acknowledge their receipt of a copy of those certain opinion letters issued by Xxxxxx & Xxxxxxx LLP dated April 21March 28, 2005 2006 addressing the issue of substantive consolidation as it may relate to DTAG and RCFC. Each of the Lessees, DTAG and RCFC hereby agrees to maintain in place all policies and procedures, and take and continue to take all action, described in the factual assumptions set forth in such opinion letter and relating to such Person, except as may be confirmed as not required in a subsequent or supplemental opinion of Xxxxxx & Xxxxxxx LLP addressing the issue of substantive consolidation as it may relate to DTAG and RCFC; and

Appears in 2 contracts

Samples: Enhancement Letter of Credit Application and Agreement (Dollar Thrifty Automotive Group Inc), Enhancement Letter of Credit Application and Agreement (Dollar Thrifty Automotive Group Inc)

Maintenance of Separate Existence. Each Lessee and DTAG acknowledge their receipt of a copy of those certain opinion letters issued by Xxxxxx & Xxxxxxx LLP LLP, dated April 21October 28, 2005 2010, addressing the issue of substantive consolidation as it may relate to DTAG and RCFC. Each of the Lessees, DTAG and RCFC hereby agrees to maintain in place all policies and procedures, and take and continue to take all action, described in the factual assumptions set forth in such opinion letter and relating to such Person, except as may be confirmed as not required in a subsequent or supplemental opinion of Xxxxxx & Xxxxxxx LLP addressing the issue of substantive consolidation as it may relate to DTAG and RCFC; and;

Appears in 1 contract

Samples: Enhancement Letter of Credit Application and Agreement (Dollar Thrifty Automotive Group Inc)

Maintenance of Separate Existence. Each Lessee and DTAG acknowledge their receipt of a copy of those certain opinion letters issued by Xxxxxx & Xxxxxxx LLP dated April 21May 5, 2005 2004 addressing the issue of substantive consolidation as it may relate to DTAG and RCFC. Each of the Lessees, DTAG and RCFC hereby agrees to maintain in place all policies and procedures, and take and continue to take all action, described in the factual assumptions set forth in such opinion letter and relating to such Person, except as may be confirmed as not required in a subsequent or supplemental opinion of Xxxxxx & Xxxxxxx LLP addressing the issue of substantive consolidation as it may relate to DTAG and RCFC; and

Appears in 1 contract

Samples: Enhancement Letter of Credit Application and Agreement (Dollar Thrifty Automotive Group Inc)

Maintenance of Separate Existence. Each Lessee and DTAG acknowledge their receipt of a copy of those certain opinion letters issued by Xxxxxx & Xxxxxxx LLP dated April 21October 26, 2005 2011 addressing the issue of substantive consolidation as it may relate to DTAG and RCFC. Each of the Lessees, DTAG and RCFC hereby agrees to maintain in place all policies and procedures, and take and continue to take all action, described in the factual assumptions set forth in such opinion letter and relating to such Person, except as may be confirmed as not required in a subsequent or supplemental opinion of Xxxxxx & Xxxxxxx LLP addressing the issue of substantive consolidation as it may relate to DTAG and RCFC; and

Appears in 1 contract

Samples: Enhancement Letter of Credit Application and Agreement (Dollar Thrifty Automotive Group Inc)

Maintenance of Separate Existence. Each Lessee and DTAG acknowledge their receipt of a copy of those certain opinion letters issued by Xxxxxx & Xxxxxxx LLP LLP, dated April 21May 23, 2005 2007, addressing the issue of substantive consolidation as it may relate to DTAG and RCFC. Each of the Lessees, DTAG and RCFC hereby agrees to maintain in place all policies and procedures, and take and continue to take all action, described in the factual assumptions set forth in such opinion letter and relating to such Person, except as may be confirmed as not required in a subsequent or supplemental opinion of Xxxxxx & Xxxxxxx LLP addressing the issue of substantive consolidation as it may relate to DTAG and RCFC; and;

Appears in 1 contract

Samples: Enhancement Letter of Credit Application and Agreement (Dollar Thrifty Automotive Group Inc)

Maintenance of Separate Existence. Each Lessee and DTAG acknowledge their receipt of a copy of those certain opinion letters issued by Xxxxxx & Xxxxxxx LLP LLP, dated April 21October 26, 2005 2011, addressing the issue of substantive consolidation as it may relate to DTAG and RCFC. Each of the Lessees, DTAG and RCFC hereby agrees to maintain in place all policies and procedures, and take and continue to take all action, described in the factual assumptions set forth in such opinion letter and relating to such Person, except as may be confirmed as not required in a subsequent or supplemental opinion of Xxxxxx & Xxxxxxx LLP addressing the issue of substantive consolidation as it may relate to DTAG and RCFC; and;

Appears in 1 contract

Samples: Enhancement Letter of Credit Application and Agreement (Dollar Thrifty Automotive Group Inc)

Maintenance of Separate Existence. Each Lessee and DTAG acknowledge their receipt of a copy of those certain opinion letters issued by Xxxxxx & Xxxxxxx LLP LLP, dated April 21July 28, 2005 2011, addressing the issue of substantive consolidation as it may relate to DTAG and RCFC. Each of the Lessees, DTAG and RCFC hereby agrees to maintain in place all policies and procedures, and take and continue to take all action, described in the factual assumptions set forth in such opinion letter and relating to such Person, except as may be confirmed as not required in a subsequent or supplemental opinion of Xxxxxx & Xxxxxxx LLP addressing the issue of substantive consolidation as it may relate to DTAG and RCFC; and;

Appears in 1 contract

Samples: Enhancement Letter of Credit Application and Agreement (Dollar Thrifty Automotive Group Inc)

Maintenance of Separate Existence. Each Lessee and DTAG acknowledge their receipt of a copy of those certain opinion letters issued by Xxxxxx Latham & Xxxxxxx LLP dated April 21December 15, 2005 2000 addressing the issue of substantive consolidation as it may relate to DTAG and RCFC. Each of the Lessees, DTAG and RCFC hereby agrees to maintain in place all policies and procedures, and take and continue to take all action, described in the factual assumptions set forth in such opinion letter and relating to such Person, except as may be confirmed as not required in a subsequent or supplemental opinion of Xxxxxx & Xxxxxxx LLP addressing the issue of substantive consolidation as it may relate to DTAG and RCFC; and

Appears in 1 contract

Samples: Enhancement Letter of Credit Application and Agreement (Dollar Thrifty Automotive Group Inc)

Maintenance of Separate Existence. Each Lessee and DTAG acknowledge their receipt of a copy of those certain opinion letters issued by Xxxxxx Latham & Xxxxxxx Watkins LLP dated April 21March 25, 2005 2003 addressing the issue of substantive issux xx xxxxxxntive consolidation as it may relate to DTAG and RCFC. Each of the Lessees, DTAG and RCFC hereby agrees to maintain in place all policies and procedures, and take and continue to take all action, described in the factual assumptions set forth in such opinion letter and relating to such Person, except as may be confirmed as not required in a subsequent or supplemental opinion of Xxxxxx Latham & Xxxxxxx Watkins LLP addressing the issue of substantive consolidation as it cxxxxxxdatixx xx xt may relate to DTAG and RCFC; and

Appears in 1 contract

Samples: Enhancement Letter of Credit Application and Agreement (Dollar Thrifty Automotive Group Inc)

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Maintenance of Separate Existence. Each Lessee and DTAG acknowledge their receipt of a copy of those certain opinion letters issued by Xxxxxx & Xxxxxxx LLP dated April 21July 28, 2005 2011 addressing the issue of substantive consolidation as it may relate to DTAG and RCFC. Each of the Lessees, DTAG and RCFC hereby agrees to maintain in place all policies and procedures, and take and continue to take all action, described in the factual assumptions set forth in such opinion letter and relating to such Person, except as may be confirmed as not required in a subsequent or supplemental opinion of Xxxxxx & Xxxxxxx LLP addressing the issue of substantive consolidation as it may relate to DTAG and RCFC; and

Appears in 1 contract

Samples: Enhancement Letter of Credit Application and Agreement (Dollar Thrifty Automotive Group Inc)

Maintenance of Separate Existence. Each Lessee and DTAG acknowledge their receipt of a copy of those certain opinion letters issued by Xxxxxx & Xxxxxxx LLP dated April 21December 15, 2005 2000 addressing the issue of substantive consolidation as it may relate to DTAG and RCFC. Each of the Lessees, DTAG and RCFC hereby agrees to maintain in place all policies and procedures, and take and continue to take all action, described in the factual assumptions set forth in such opinion letter and relating to such Person, except as may be confirmed as not required in a subsequent or supplemental opinion of Xxxxxx & Xxxxxxx LLP addressing the issue of substantive consolidation as it may relate to DTAG and RCFC; and

Appears in 1 contract

Samples: Enhancement Letter of Credit Application and Agreement (Dollar Thrifty Automotive Group Inc)

Maintenance of Separate Existence. Each Lessee and DTAG acknowledge their receipt of a copy of those certain opinion letters issued by Xxxxxx Lxxxxx & Xxxxxxx Wxxxxxx LLP dated April 21May 23, 2005 2007 addressing the issue of substantive consolidation as it may relate to DTAG and RCFC. Each of the Lessees, DTAG and RCFC hereby agrees to maintain in place all policies and procedures, and take and continue to take all action, described in the factual assumptions set forth in such opinion letter and relating to such Person, except as may be confirmed as not required in a subsequent or supplemental opinion of Xxxxxx Lxxxxx & Xxxxxxx Wxxxxxx LLP addressing the issue of substantive consolidation as it may relate to DTAG and RCFC; and

Appears in 1 contract

Samples: Enhancement Letter of Credit Application and Agreement (Dollar Thrifty Automotive Group Inc)

Maintenance of Separate Existence. Each Lessee and DTAG acknowledge their receipt of a copy of those certain opinion letters issued by Xxxxxx & Xxxxxxx LLP dated April 21May 23, 2005 2007 addressing the issue of substantive consolidation as it may relate to DTAG and RCFC. Each of the Lessees, DTAG and RCFC hereby agrees to maintain in place all policies and procedures, and take and continue to take all action, described in the factual assumptions set forth in such opinion letter and relating to such Person, except as may be confirmed as not required in a subsequent or supplemental opinion of Xxxxxx & Xxxxxxx LLP addressing the issue of substantive consolidation as it may relate to DTAG and RCFC; and

Appears in 1 contract

Samples: Enhancement Letter of Credit Application and Agreement (Dollar Thrifty Automotive Group Inc)

Maintenance of Separate Existence. Each Lessee and DTAG acknowledge their receipt of a copy of those certain opinion letters issued by Xxxxxx & Xxxxxxx LLP dated April 21October 28, 2005 2010 addressing the issue of substantive consolidation as it may relate to DTAG and RCFC. Each of the Lessees, DTAG and RCFC hereby agrees to maintain in place all policies and procedures, and take and continue to take all action, described in the factual assumptions set forth in such opinion letter and relating to such Person, except as may be confirmed as not required in a subsequent or supplemental opinion of Xxxxxx & Xxxxxxx LLP addressing the issue of substantive consolidation as it may relate to DTAG and RCFC; and

Appears in 1 contract

Samples: Enhancement Letter of Credit Application and Agreement (Dollar Thrifty Automotive Group Inc)

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