Reassignment of Surplus. After termination of this Indenture and the payment in full of the Note Obligations, any proceeds of the Collateral received or held by the Trustee shall be turned over to HVF and the Indenture Collateral shall be reassigned to HVF by the Trustee without recourse to the Trustee and without any representations, warranties or agreements of any kind.
Appears in 4 contracts
Samples: Collateral Agency Agreement (Hertz Global Holdings Inc), Credit Agreement (Hertz Global Holdings Inc), Credit Agreement (Hertz Corp)
Reassignment of Surplus. After termination of this Base Indenture and the payment in full of the Note Obligations, any proceeds of the Collateral received or held by the Trustee shall be turned over to HVF III and the Indenture Collateral shall be reassigned to HVF III by the Trustee without recourse to the Trustee and without any representations, warranties or agreements of any kind.. ARTICLE X
Appears in 1 contract
Samples: Indenture (Hertz Corp)
Reassignment of Surplus. After termination of this Base Indenture and the payment in full of the HVIF Note Obligations, any proceeds of the HVIF Collateral received or held by the Trustee shall be turned over to HVF HVIF and the HVIF Indenture Collateral shall be reassigned to HVF HVIF by the Trustee without recourse to the Trustee and without any representations, warranties or agreements of any kind.
Appears in 1 contract
Samples: Indenture (Hertz Corp)
