Common use of Reimbursement Obligation by the Lessees Clause in Contracts

Reimbursement Obligation by the Lessees. The applicable Lessee shall forthwith upon demand reimburse the Lessor or the Trustee, as the case may be, for any sum or sums expended with respect to any of the foregoing, or shall pay such amounts directly upon request from the Lessor or the Trustee; provided, however, that, if so requested by such Lessee, the Lessor or the Trustee shall submit to such Lessee a statement documenting any such demand for reimbursement or prepayment. To the extent that such Lessee in fact indemnifies the Lessor or the Trustee under the indemnity provisions of this Lease, such Lessee shall be subrogated to the rights of the Lessor or the Trustee, as the case may be, in the affected transaction and shall have a right to determine the settlement of claims therein. The foregoing indemnity as contained in this Section 15 shall survive the expiration or earlier termination of this Lease or any lease of any Vehicle hereunder; provided, however, that the factual or legal circumstances giving rise to the Lessor’s exposure to liability occur during the period that the Lease is in effect as to the Vehicle for which such exposure to liability arose.

Appears in 8 contracts

Samples: And Servicing Agreement (Dollar Thrifty Automotive Group Inc), Master Motor Vehicle Lease (Dollar Thrifty Automotive Group Inc), And Servicing Agreement (Dollar Thrifty Automotive Group Inc)

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Reimbursement Obligation by the Lessees. The applicable Each Lessee shall forthwith upon demand reimburse the Lessor or the Trustee, as the case may be, each Indemnified Person for any sum or sums expended with respect to any of the foregoing, or shall pay such amounts directly upon request from the Lessor or the Trusteesuch Indemnified Person; provided, however, that, if so requested by such a Lessee, the Lessor or the Trustee such Indemnified Person shall submit to such Lessee a statement documenting in reasonable detail any such demand for reimbursement or prepaymentpayment. To the extent that such a Lessee in fact indemnifies the Lessor or the Trustee any Indemnified Person under the indemnity provisions of this Lease, such Lessee shall be subrogated to the rights of the Lessor or the Trustee, as the case may besuch Indemnified Person, in the affected transaction and shall have a right to determine the settlement of claims therein. The foregoing indemnity as obligations of each Lessee contained in this Section 15 shall survive the expiration or earlier termination of this Lease or any lease of any Vehicle hereunder; provided, however, that that, in the case of indemnities relating to the acquisition or leasing of Vehicles, the factual or legal circumstances giving rise to the Lessor’s or any other Indemnified Person’s exposure to liability occur during the period that the this Lease is in effect as to the Vehicle for which such exposure to liability arose.

Appears in 2 contracts

Samples: Master Motor Vehicle Lease And (Vanguard Car Rental Group Inc.), Master Motor Vehicle Lease and Servicing Agreement (Vanguard Car Rental Group Inc.)

Reimbursement Obligation by the Lessees. The applicable Lessee shall forthwith upon demand reimburse the Lessor or the Trustee, as the case may be, for any sum or sums expended with respect to any of the foregoing, or shall pay such amounts directly upon request from the Lessor or the Trustee; provided, however, that, if so requested by such Lessee, the Lessor or the Trustee shall submit to such Lessee a statement documenting any such demand for reimbursement or prepayment. To the extent that such Lessee in fact indemnifies the Lessor or the Trustee under the indemnity provisions of this Lease, such Lessee shall be subrogated to the rights of the Lessor or the Trustee, as the case may be, in the affected transaction and shall have a right to determine the settlement of claims therein. The foregoing indemnity as contained in this Section 15 shall survive the expiration or earlier termination of this Lease or any lease of any Vehicle hereunder; provided, however, that the factual or legal circumstances giving rise to the Lessor’s 's exposure to liability occur during the period that the Lease is in effect as to the Vehicle for which such exposure to liability arose.

Appears in 2 contracts

Samples: Vehicle Lease and Servicing Agreement (Dollar Thrifty Automotive Group Inc), Vehicle Lease and Servicing Agreement (Dollar Thrifty Automotive Group Inc)

Reimbursement Obligation by the Lessees. The applicable Lessee shall forthwith upon demand reimburse the Lessor or the Trustee, as the case may be, for any sum or sums expended with respect to any of the foregoing, or shall pay such amounts directly upon request from the Lessor or the Trustee; provided, however, that, if so requested by such Lessee, the Lessor or the Trustee shall submit to such Lessee a statement documenting any such demand for reimbursement or prepayment. To the extent that such Lessee in fact indemnifies the Lessor or the Trustee under the indemnity provisions of this Lease, such Lessee shall be subrogated to the rights of the Lessor or the Trustee, as the case may be, in the affected transaction transactions and shall have a right to determine the settlement of claims therein. The foregoing indemnity as contained in this Section 15 shall survive the expiration or earlier termination of this Lease or any lease of any Vehicle hereunder; provided, however, that the factual or legal circumstances giving rise to the Lessor’s exposure to liability occur during the period that the Lease is in effect as to the Vehicle for which such exposure to liability arose.

Appears in 1 contract

Samples: Master Motor Vehicle Lease (Dollar Thrifty Automotive Group Inc)

Reimbursement Obligation by the Lessees. The applicable Each Lessee shall forthwith upon demand reimburse the Lessor each Indemnified Person or the Trustee, as the case may be, for any sum or sums expended with respect to any of the foregoing, or shall pay such amounts directly upon request from the Lessor such Indemnified Person or the Trustee, as the case may be; provided, however, that, if so requested by such a Lessee, the Lessor such Indemnified Person or the Trustee Trustee, as the case may be, shall submit to such Lessee a statement documenting any such demand for reimbursement or prepaymentpayment. To the extent that such a Lessee in fact indemnifies the Lessor any Indemnified Person or the Trustee under the indemnity provisions of this Lease, such Lessee shall be subrogated to the rights of the Lessor such Indemnified Person or the Trustee, as the case may be, in the affected transaction and shall have a right to determine the settlement of claims therein. The foregoing indemnity as obligations of each Lessee contained in this Section 15 shall survive the expiration or earlier termination of this Lease or any lease of any Vehicle hereunder; provided, however, that that, in the case of indemnities relating to the acquisition or leasing of Vehicles, the factual or legal circumstances giving rise to the Lessor’s 's or any other Indemnified Person's exposure to liability occur during the period that the this Lease is in effect as to the Vehicle for which such exposure to liability arose.

Appears in 1 contract

Samples: Vehicle Lease and Servicing Agreement (Republic Industries Inc)

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Reimbursement Obligation by the Lessees. The applicable Lessee shall forthwith upon demand reimburse the Lessor or the Trustee, as the case may be, for any sum or sums expended with respect to any of the foregoing, or shall pay such amounts directly upon request from the Lessor or the Trustee; provided, however, that, if so requested by such Lessee, the Lessor or the Trustee shall submit to such Lessee a statement documenting any such demand for reimbursement or prepayment. To the extent that such Lessee in fact indemnifies the Lessor or the Trustee under the indemnity provisions of this LeaseAgreement, such Lessee shall be subrogated to the rights of the Lessor or the Trustee, as the case may be, in the affected transaction and shall have a right to determine the settlement of claims therein. The foregoing indemnity as contained in this Section 15 shall survive the expiration or earlier termination of this Lease Agreement or any lease of any Vehicle hereunder; provided, however, that the factual or legal circumstances giving rise to the Lessor’s 's exposure to liability occur during the period that the Lease is in effect as to the Vehicle for which such exposure to liability arose.

Appears in 1 contract

Samples: Vehicle Lease and Servicing Agreement (Dollar Thrifty Automotive Group Inc)

Reimbursement Obligation by the Lessees. The applicable Each Lessee shall forthwith upon demand reimburse the Lessor or the Trustee, as the case may be, each Indemnified Person for any sum or sums expended with respect to any of the foregoing, or shall pay such amounts directly upon request from the Lessor or the Trusteesuch Indemnified Person; provided, however, that, if so requested by such a Lessee, the Lessor or the Trustee such Indemnified Person shall submit to such Lessee a statement documenting in reasonable detail any such demand for reimbursement or prepaymentpayment. To the extent that such a Lessee in fact indemnifies the Lessor or the Trustee any Indemnified Person under the indemnity provisions of this Lease, such Lessee shall be subrogated to the rights of the Lessor or the Trustee, as the case may besuch Indemnified Person, in the affected transaction and shall have a right to determine the settlement of claims therein. The foregoing indemnity as obligations of each Lessee contained in this Section 15 shall survive the expiration or earlier termination of this Lease or any lease of any Vehicle hereunder; provided, however, that that, in the case of indemnities relating to the acquisition or leasing of Vehicles, the factual or legal circumstances giving rise to the Lessor’s 's or any other Indemnified Person's exposure to liability occur during the period that the this Lease is in effect as to the Vehicle for which such exposure to liability arose.

Appears in 1 contract

Samples: Vehicle Lease and Servicing Agreement (Autonation Inc /Fl)

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