Segregated Series. Upon the occurrence of an Amortization Event relating to any Outstanding Segregated Series of Notes, the Trustee shall limit any recourse hereunder to the related Series-Specific Collateral in satisfying the payment of interest and principal due on such Segregated Series of Notes.
Appears in 4 contracts
Samples: Base Indenture (Cendant Corp), Base Indenture (Avis Rent a Car Inc), Base Indenture (Autonation Inc /Fl)
Segregated Series. Upon the occurrence of an Amortization Event of Default relating to any Outstanding outstanding Segregated Series of Notes, the Indenture Trustee shall limit any recourse hereunder to the related Series-Specific Collateral in satisfying the payment of interest and principal due on such Segregated Series of Notes.
Appears in 1 contract
Samples: Base Indenture (Uici)