Common use of Measure of Damages Clause in Contracts

Measure of Damages. If a Lease Event of Default or Liquidation Event occurs and the Lessor or the Spanish Security Trustee exercises the remedies granted to the Lessor or the Spanish Security Trustee under Sub-Clause 8.6 (Preservation of rights), this Clause 9 (Default and Remedies Therefor) or Sub-Clause 10.2 of the Spanish Facility Agreement, the amount that the Lessor shall be permitted to recover from any Lessee as payment shall be equal to:

Appears in 8 contracts

Samples: Lease and Servicing Agreement (Hertz Corp), Vehicle Purchasing Agreement (Hertz Corp), Vehicle Purchasing Agreement (Hertz Corp)

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