Common use of Rights of Lessor pledged to Trustee Clause in Contracts

Rights of Lessor pledged to Trustee. Each Lessee acknowledges that the Lessor has pledged or will pledge all of its rights under this Agreement to the Spanish Security Trustee pursuant to the Spanish Security Documents. Accordingly, each Lessee agrees that:

Appears in 4 contracts

Samples: Vehicle Purchasing Agreement (Hertz Corp), Master Lease and Servicing Agreement (Hertz Corp), Master Lease and Servicing Agreement (Hertz Corp)

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Rights of Lessor pledged to Trustee. Each Lessee acknowledges that the Lessor has pledged or will pledge all of its rights under this Agreement to the Spanish Security Trustee pursuant to the Spanish Security Documents. Accordingly, each Lessee Xxxxxx agrees that:

Appears in 2 contracts

Samples: Lease and Servicing Agreement (Hertz Corp), Vehicle Purchasing Agreement (Hertz Corp)

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