Common use of Notice of Mandatory Decrease Clause in Contracts

Notice of Mandatory Decrease. Upon discovery of any Series 2013-B Excess Principal Event, HVF II, within two (2) Business Days of such discovery, shall deliver written notice of any related Mandatory Decreases, any related Mandatory Decrease Amount and the date of any such Mandatory Decrease to the Trustee and each Series 2013-B Noteholder.

Appears in 3 contracts

Samples: Amended and Restated Series Supplement (Hertz Global Holdings Inc), Amended and Restated Series Supplement (Hertz Global Holdings Inc), Series 2013 B Variable Funding Rental Car Asset Backed Notes (Hertz Global Holdings Inc)

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Notice of Mandatory Decrease. Upon discovery of any Series 2013-B A Excess Principal Event, HVF II, within two (2) Business Days of such discovery, shall deliver written notice of any related Mandatory Decreases, any related Mandatory Decrease Amount and the date of any such Mandatory Decrease to the Trustee and each Series 2013-B A Noteholder.

Appears in 2 contracts

Samples: Amended and Restated Series Supplement (Hertz Corp), Series Supplement (Hertz Global Holdings Inc)

Notice of Mandatory Decrease. Upon discovery of any Series 2013-B Excess Principal Event, HVF IIHVIF, within two (2) Business Days of such discovery, shall deliver written notice of any related Mandatory Decreases, any related Mandatory Decrease Amount and the date of any such Mandatory Decrease to the Trustee and each Series 20132020-B 1 Noteholder.

Appears in 1 contract

Samples: Supplement to Base Indenture (Hertz Corp)

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Notice of Mandatory Decrease. Upon discovery of any Series 20132014-B A Excess Principal Event, HVF II, within two (2) Business Days of such discovery, shall deliver written notice of any related Mandatory Decreases, any related Mandatory Decrease Amount and the date of any such Mandatory Decrease to the Trustee and each Series 20132014-B A Noteholder.

Appears in 1 contract

Samples: Amended and Restated Series 2014 a Supplement (Hertz Corp)

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