Common use of Procedure for Decreasing the Series 0000-0 Xxxxxxxxx Xxxxxx Clause in Contracts

Procedure for Decreasing the Series 0000-0 Xxxxxxxxx Xxxxxx. (a) On any Business Day, RCFC may decrease the Series 2010-3 Principal Amount (each such decrease referred to as a “Decrease”) by withdrawing from the Series 2010-3 Collection Account and distributing to the Series 2010-3 Noteholder in respect of principal of the Series 2010-3 Note, an amount equal to the amount of such Decrease.

Appears in 5 contracts

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

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Procedure for Decreasing the Series 0000-0 Xxxxxxxxx Xxxxxx. (a) On any Business Day, RCFC may decrease the Series 2010-3 Principal Amount (each such decrease referred to as a “Decrease”) by withdrawing from the Series 2010-3 Collection Account and distributing to the Series 2010-3 Noteholder in respect of principal of the Series 2010-3 Note, an amount equal to the amount of such Decrease.. 5 WEIL:\95390898\1\99910.6247

Appears in 1 contract

Samples: Hertz Corp

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