Common use of Notations Clause in Contracts

Notations. On each date an Advance is funded under the Series 2010-3 Note and on each date the amount of outstanding Advances thereunder is reduced, a duly authorized officer, employee or agent of the Series 2010-3 Noteholder shall make appropriate notations in its books and records of the amount of such Advance and the amount of such reduction, as applicable. RCFC hereby authorizes each duly authorized officer, employee and agent of the Series 2010-3 Noteholder to make such notations on the books and records as aforesaid and every such notation made in accordance with the foregoing authority shall be prima facie evidence of the accuracy of the information so recorded and shall be binding on RCFC absent manifest error. The Trustee shall, or shall cause the Registrar to, record each Advance and Decrease with respect to the Series 2010-3 Principal Amount such that the principal amount of the Series 2010-3 Note that is outstanding accurately reflects all such Advances and Decreases in accordance with Article II hereof. Upon each Advance and upon each Decrease, the Trustee shall, or shall cause the Registrar to, indicate in the Note Register such Advance or such Decrease, as applicable. On any date on which an Advance is funded, RCFC shall furnish, or cause to be furnished, to the Trustee written notice (which may be satisfied by email to xxxxx.xxxxxx@xx.xxx) specifying the amount of such Advance.

Appears in 4 contracts

Samples: Master Collateral Agency Agreement (Hertz Corp), Base Indenture (Hertz Global Holdings Inc), Base Indenture (Hertz Global Holdings Inc)

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Notations. On each date an Advance is funded under the Series 20102013-3 G1 Note and on each date the amount of outstanding Advances thereunder is reduced, a duly authorized officer, employee or agent of the Series 20102013-3 G1 Noteholder shall make appropriate notations in its books and records of the amount of such Advance and the amount of such reduction, as applicable. RCFC HVF hereby authorizes each duly authorized officer, employee and agent of the Series 20102013-3 G1 Noteholder to make such notations on the books and records as aforesaid and every such notation made in accordance with the foregoing authority shall be prima facie evidence of the accuracy of the information so recorded and shall be binding on RCFC HVF absent manifest error. The Trustee shall, or shall cause the Registrar to, record each Advance and Decrease with respect to the Series 20102013-3 G1 Principal Amount such that the principal amount of the Series 20102013-3 G1 Note that is outstanding accurately reflects all such Advances and Decreases in accordance with Article II hereof. Upon each Advance and upon each Decrease, the Trustee shall, or shall cause the Registrar to, indicate in the Note Register such Advance or such Decrease, as applicable. On any date on which an Advance is funded, RCFC HVF shall furnish, or cause to be furnished, to the Trustee written notice (which may be satisfied by email to xxxxx.xxxxxx@xx.xxxxxxxx.xxxxxx@xxxxxxxxx.xxx and xxxxx.xxxxx@xxxxxxxxx.xxx) specifying the amount of such Advance.

Appears in 1 contract

Samples: Vehicle Title Nominee Agreement (Hertz Corp)

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