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 Dutch Security Trustee pursuant to the Dutch Security Documents. Accordingly, each Lessee agrees that:

Appears in 3 contracts

Samples: Intra Group Vehicle Purchasing Agreement (Hertz Corp), Intra Group Vehicle Purchasing 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 Dutch Security Trustee pursuant to the Dutch Security Documents. Accordingly, each Lessee Xxxxxx agrees that:

Appears in 2 contracts

Samples: Intra Group Vehicle Purchasing Agreement (Hertz Corp), Intra Group Vehicle Purchasing Agreement (Hertz Corp)

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