Common use of Servicer’s Fleet Reports Clause in Contracts

Servicer’s Fleet Reports. (a) On or prior to each Determination Date, the Servicer shall furnish or cause to be furnished to the Collateral Agent a report (which may be on diskette or other electronic medium reasonably acceptable to the Collateral Agent) substantially in the form of Exhibit A (each such report, a “Fleet Report”), (i) identifying the ZVF Vehicles and the ZVF Segregated Vehicles (and the particular Segregated Series Lease pursuant to which such ZVF Segregated Vehicles is leased) as of the last day of the Related Month, (ii) listing each such Vehicle by the VIN with respect to such Vehicle, (iii) identifying the date of the original purchase of each such Vehicle, (iv) showing, as of the last day of the Related Month, the Capitalized Cost, the Third Party Market Value and the Net Book Value of each such Vehicle, (v) identifying the state in which each such Vehicle is titled, (vi) providing a list of all locations in which the Certificates of Title for the ZVF Vehicles and the ZVF Segregated Vehicles are held by the Servicer or Servicer’s Agents as of such date, (viii) providing the name and address of all Servicer’s Agents as of such date and (ix) providing on a confidential basis (A) the actual mileage of each such Vehicle as of its last check-in and (B) the date of the last check-in of each such Vehicle. (b) The Collateral Agent shall make the most recent Fleet Report available for inspection by any Secured Party at the Corporate Trust Office, during normal business hours, upon such Secured Party’s prior written request. (c) On each Business Day commencing on the Initial Closing Date, the Servicer shall prepare and maintain a report identifying the ZVF Vehicles and ZVF Segregated Vehicles (specifying the particular Segregated Series Lease pursuant to which such ZVF Segregated Vehicle is leased), and the other vehicles owned by Zipcar separately by the VIN with respect to each such vehicle as of the close of business on the immediately preceding Business Day, and shall deliver such report to ZVF upon its request. (d) For so long as a Liquidation Event of Default or a Limited Liquidation Event of Default has occurred and is continuing, the Servicer shall furnish or cause to be furnished to ZVF on a weekly basis a report (which may be on diskette or other electronic medium) that contains the data set forth in a Fleet Report, but determined on a weekly basis, and ZVF shall furnish or cause to be furnished to each General Secured Party such weekly Fleet Report, and so long as a Liquidation Event of Default (as defined in the applicable Segregated Series Supplement) or a Limited Liquidation Event of Default (as defined in the applicable Segregated Series Supplement) has occurred and is continuing with respect to any Segregated Series of Notes, the Servicer shall furnish or cause to be furnished to ZVF on a weekly basis a report (which may be on diskette or other electronic medium) that contains the data set forth in a Fleet Report, but determined on a weekly basis, and ZVF shall furnish or cause to be furnished to the Segregated Series Secured Party for such Series such weekly Fleet Report. (e) The Collateral Agent shall be entitled to request from the Servicer, with 10 Business Days, prior written notice, a fully-uploadable list of Vehicles indicating whether any Vehicle is a ZVF Segregated Vehicle (and, if such Vehicle is a ZVF Segregated Vehicle, to which Segregated Series such ZVF Segregated Vehicle relates) or a ZVF Vehicle.

Appears in 2 contracts

Samples: Collateral Agency Agreement, Collateral Agency Agreement (Zipcar Inc)

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Servicer’s Fleet Reports. (a) On or prior to each Determination Date, the Servicer shall furnish or cause to be furnished to the Collateral Agent a report (which may be on diskette or other electronic medium reasonably acceptable to the Collateral Agent) substantially in the form of Exhibit A (each such report, a “Fleet Report”), (i) identifying the ZVF HVF Vehicles (and as subsets thereof, each of the Initial Hertz Vehicles and the ZVF Service Vehicles), the HVF Segregated Vehicles (and the particular Segregated Series Lease pursuant to which such ZVF HVF Segregated Vehicles is leased) ), the HGI Vehicles, the GE Financed Vehicles and the other Vehicles owned by Hertz separately, as of the last day of the Related Month, (ii) listing each such Vehicle by the VIN with respect to such Vehicle, (iii) identifying the date of the original purchase of each such Vehicle, (iv) identifying whether each such Vehicle is a Program Vehicle or a Non-Program Vehicle, (v) showing, as of the last day of the Related Month, the Capitalized Cost, the Third Party Market Value Cost and the Net Book Value of each such Vehicle, (vvi) identifying the state in which each such Vehicle is titled, (vivii) providing a list of all locations in which the Certificates of Title for the ZVF HVF Vehicles, the HVF Segregated Vehicles and the ZVF Segregated HGI Vehicles are held by the Servicer or Servicer’s Agents as of such date, (viii) providing the name and address of all Servicer’s Agents as of such date and (ix) providing on a confidential basis (A) the actual mileage of each such Vehicle as of its last check-in and in, (B) the date of the last check-in of each such Vehicle, (C) if the Vehicle is a Program Vehicle or a Segregated Program Vehicle, the total mileage per the related Manufacturer Program, (D) the Minimum Term specified in each Manufacturer Program and (E) the Maximum Term specified in each Manufacturer Program. (b) The Collateral Agent shall make the most recent Fleet Report available for inspection by any Secured Party at the Corporate Trust Office, during normal business hours, upon such Secured Party’s prior written request. (c) On each Business Day commencing on the Initial Closing Date, the Servicer shall prepare and maintain a report identifying the ZVF Vehicles and ZVF HVF Vehicles, HVF Segregated Vehicles (specifying the particular Segregated Series Lease pursuant to which such ZVF HVF Segregated Vehicle is leased), the HGI Vehicles, the GE Financed Vehicles and the other vehicles Vehicles owned by Zipcar Hertz separately by the VIN with respect to each such vehicle Vehicle as of the close of business on the immediately preceding Business Day, and shall deliver such report to ZVF HGI and HVF upon its their request. (d) For so long as a Liquidation Event of Default or a Limited Liquidation Event of Default has occurred and is continuingcontinuing (other than any such Limited Liquidation Event of Default that relates solely to any Segregated Series of Notes), the Servicer shall furnish or cause to be furnished to ZVF HVF on a weekly basis a report (which may be on diskette or other electronic medium) that contains the data set forth in a Fleet Report, but determined on a weekly basis, and ZVF HVF shall furnish or cause to be furnished to each HVF General Secured Party such weekly Fleet Report, and so long as a Liquidation Event of Default (as defined in the applicable Segregated Series Supplement) or a Limited Liquidation Event of Default (as defined in the applicable Segregated Series Supplement) has occurred and is continuing with respect to any Segregated Series of Notes, the Servicer shall furnish or cause to be furnished to ZVF HVF on a weekly basis a report (which may be on diskette or other electronic medium) that contains the data set forth in a Fleet Report, but determined on a weekly basis, and ZVF HVF shall furnish or cause to be furnished to the HVF Segregated Series Secured Party for such Series such weekly Fleet Report. (e) The Collateral Agent shall be entitled to request from the Servicer, with 10 Business Days, Days prior written notice, a fully-uploadable list of Vehicles indicating whether any Vehicle is a ZVF an HVF Segregated Vehicle (and, if such Vehicle is a ZVF an HVF Segregated Vehicle, to which Segregated Series such ZVF HVF Segregated Vehicle relates) or a ZVF an HVF Vehicle.

Appears in 1 contract

Samples: Collateral Agency Agreement (Hertz Global Holdings Inc)

Servicer’s Fleet Reports. (a) On or prior to each Determination Date, the Servicer shall furnish or cause to be furnished to the Collateral Agent a report (which may be on diskette or other electronic medium reasonably acceptable to the Collateral Agent) substantially in the form of Exhibit A (each such report, a “Fleet Report”), (i) identifying the ZVF Vehicles and the ZVF Segregated Vehicles (and the particular Segregated Series Lease pursuant to which such ZVF Segregated Vehicles is leased) as of the last day of the Related Month, (ii) listing each such Vehicle by the VIN with respect to such Vehicle, (iii) identifying the date of the original purchase of each such Vehicle, (iv) identifying whether each such Vehicle is a Program Vehicle or a Non-Program Vehicle, (v) showing, as of the last day of the Related Month, the Capitalized Cost, the Third Party Market Value and the Net Book Value of each such Vehicle, (vvi) identifying the state in which each such Vehicle is titled, (vivii) providing a list of all locations in which the Certificates of Title for the ZVF Vehicles and the ZVF Segregated Vehicles are held by the Servicer or Servicer’s Agents as of such date, (viii) providing the name and address of all Servicer’s Agents as of such date and (ix) providing on a confidential basis (A) the actual mileage of each such Vehicle as of its last check-in and (B) the date of the last check-in of each such Vehicle, (C) if the Vehicle is a Program Vehicle or a Segregated Program Vehicle, the total mileage per the related Manufacturer Program, (D) the Minimum Term specified in each Manufacturer Program and (E) the Maximum Term specified in each Manufacturer Program. (b) The Collateral Agent shall make the most recent Fleet Report available for inspection by any Secured Party at the Corporate Trust Office, during normal business hours, upon such Secured Party’s prior written request. (c) On each Business Day commencing on the Initial Closing Date, the Servicer shall prepare and maintain a report identifying the ZVF Vehicles and ZVF Segregated Vehicles (specifying the particular Segregated Series Lease pursuant to which such ZVF Segregated Vehicle is leased), and the other vehicles owned by Zipcar separately by the VIN with respect to each such vehicle as of the close of business on the immediately preceding Business Day, and shall deliver such report to ZVF upon its request. (d) For so long as a Liquidation Event of Default or a Limited Liquidation Event of Default has occurred and is continuing, the Servicer shall furnish or cause to be furnished to ZVF on a weekly basis a report (which may be on diskette or other electronic medium) that contains the data set forth in a Fleet Report, but determined on a weekly basis, and ZVF shall furnish or cause to be furnished to each General Secured Party such weekly Fleet Report, and so long as a Liquidation Event of Default (as defined in the applicable Segregated Series Supplement) or a Limited Liquidation Event of Default (as defined in the applicable Segregated Series Supplement) has occurred and is continuing with respect to any Segregated Series of Notes, the Servicer shall furnish or cause to be furnished to ZVF on a weekly basis a report (which may be on diskette or other electronic medium) that contains the data set forth in a Fleet Report, but determined on a weekly basis, and ZVF shall furnish or cause to be furnished to the Segregated Series Secured Party for such Series such weekly Fleet Report. (e) The Collateral Agent shall be entitled to request from the Servicer, with 10 Business Days, prior written notice, a fully-uploadable list of Vehicles indicating whether any Vehicle is a ZVF Segregated Vehicle (and, if such Vehicle is a ZVF Segregated Vehicle, to which Segregated Series such ZVF Segregated Vehicle relates) or a ZVF Vehicle.

Appears in 1 contract

Samples: Collateral Agency Agreement (Zipcar Inc)

Servicer’s Fleet Reports. (a) On or prior to each Determination Date, the Servicer shall furnish or cause to be furnished to the Collateral Agent a report (which may be on diskette or other electronic medium reasonably acceptable to the Collateral Agent) substantially in the form of Exhibit A (each such report, a “Fleet Report”), (i) identifying the ZVF HVF Vehicles (and as subsets thereof, each of the Initial Hertz Vehicles and the ZVF Segregated Vehicles (Service Vehicles) and the particular Segregated Series Lease pursuant to which such ZVF Segregated HGI Vehicles is leased) separately, as of the last day of the Related Month, (ii) listing each such Vehicle by the VIN with respect to such Vehicle, (iii) identifying the date of the original purchase of each such Vehicle, (iv) identifying whether each such Vehicle is a Program Vehicle or a Non-Program Vehicle, (v) showing, as of the last day of the Related Month, the Capitalized Cost, the Third Party Market Value Cost and the Net Book Value of each such Vehicle, (vvi) identifying the state in which each such Vehicle is titled, (vivii) providing a list of all locations in which the Certificates of Title for the ZVF Vehicles and the ZVF Segregated Vehicles are held by the Servicer or Servicer’s Agents as of such date, (viii) providing the name and address of all Servicer’s Agents as of such date and (ix) providing on a confidential basis (A) the actual mileage of each such Vehicle as of its last check-in and in, (B) the date of the last check-in of each such Vehicle, (C) if the Vehicle is a Program Vehicle, the total mileage per the related Manufacturer Program, (D) the Minimum Term specified in each Manufacturer Program and (E) the Maximum Term specified in each Manufacturer Program. (ba) The Collateral Agent shall make the most recent Fleet Report available for inspection by any Secured Party at the Corporate Trust Office, during normal business hours, upon such Secured Party’s prior written request. (cb) On each Business Day commencing on the Initial Closing Date, the Servicer shall prepare and maintain a report identifying the ZVF HVF Vehicles and ZVF Segregated the HGI Vehicles (specifying the particular Segregated Series Lease pursuant to which such ZVF Segregated Vehicle is leased), and the other vehicles owned by Zipcar separately by the VIN with respect to each such vehicle Vehicle as of the close of business on the immediately preceding Business Day, and shall deliver such report to ZVF HGI and HVF upon its their request. (dc) For so long as a Liquidation Event of Default or a Limited Liquidation Event of Default has occurred and is continuing, the Servicer shall furnish or cause to be furnished to ZVF HVF on a weekly basis a report (which may be on diskette or other electronic medium) that contains the data set forth in a Fleet Report, but determined on a weekly basis, and ZVF HVF shall furnish or cause to be furnished to each General HVF Secured Party such weekly Fleet Report, and so long as a Liquidation Event of Default (as defined in the applicable Segregated Series Supplement) or a Limited Liquidation Event of Default (as defined in the applicable Segregated Series Supplement) has occurred and is continuing with respect to any Segregated Series of Notes, the Servicer shall furnish or cause to be furnished to ZVF on a weekly basis a report (which may be on diskette or other electronic medium) that contains the data set forth in a Fleet Report, but determined on a weekly basis, and ZVF shall furnish or cause to be furnished to the Segregated Series Secured Party for such Series such weekly Fleet Report. (e) The Collateral Agent shall be entitled to request from the Servicer, with 10 Business Days, prior written notice, a fully-uploadable list of Vehicles indicating whether any Vehicle is a ZVF Segregated Vehicle (and, if such Vehicle is a ZVF Segregated Vehicle, to which Segregated Series such ZVF Segregated Vehicle relates) or a ZVF Vehicle.

Appears in 1 contract

Samples: Collateral Agency Agreement (Hertz Corp)

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Servicer’s Fleet Reports. (a) On or prior to each Determination Date, the Servicer shall furnish or cause to be furnished to the Collateral Agent a report (which may be on diskette or other electronic medium reasonably acceptable to the Collateral Agent) substantially in the form of Exhibit A (each such report, a “Fleet Report”), (i) identifying the ZVF HVF Vehicles (and as subsets thereof, each of the Initial Hertz Vehicles and the ZVF Segregated Service Vehicles), the HGI Vehicles, the GE Financed Vehicles (and the particular Segregated Series Lease pursuant to which such ZVF Segregated other Vehicles is leased) owned by Hertz separately, as of the last day of the Related Month, (ii) listing each such Vehicle by the VIN with respect to such Vehicle, (iii) identifying the date of the original purchase of each such Vehicle, (iv) identifying whether each such Vehicle is a Program Vehicle or a Non-Program Vehicle, (v) showing, as of the last day of the Related Month, the Capitalized Cost, the Third Party Market Value Cost and the Net Book Value of each such Vehicle, (vvi) identifying the state in which each such Vehicle is titled, (vivii) providing a list of all locations in which the Certificates of Title for the ZVF HVF Vehicles and the ZVF Segregated HGI Vehicles are held by the Servicer or Servicer’s Agents as of such date, (viii) providing the name and address of all Servicer’s Agents as of such date and (ix) providing on a confidential basis (A) the actual mileage of each such Vehicle as of its last check-in and in, (B) the date of the last check-in of each such Vehicle, (C) if the Vehicle is a Program Vehicle, the total mileage per the related Manufacturer Program, (D) the Minimum Term specified in each Manufacturer Program and (E) the Maximum Term specified in each Manufacturer Program. (b) The Collateral Agent shall make the most recent Fleet Report available for inspection by any Secured Party at the Corporate Trust Office, during normal business hours, upon such Secured Party’s prior written request. (c) On each Business Day commencing on the Initial Closing Date, the Servicer shall prepare and maintain a report identifying the ZVF HVF Vehicles, the HGI Vehicles, the GE Financed Vehicles and ZVF Segregated Vehicles (specifying the particular Segregated Series Lease pursuant to which such ZVF Segregated Vehicle is leased), and the other vehicles Vehicles owned by Zipcar Hertz separately by the VIN with respect to each such vehicle Vehicle as of the close of business on the immediately preceding Business Day, and shall deliver such report to ZVF HGI and HVF upon its their request. (d) For so long as a Liquidation Event of Default or a Limited Liquidation Event of Default has occurred and is continuing, the Servicer shall furnish or cause to be furnished to ZVF HVF on a weekly basis a report (which may be on diskette or other electronic medium) that contains the data set forth in a Fleet Report, but determined on a weekly basis, and ZVF HVF shall furnish or cause to be furnished to each General HVF Secured Party such weekly Fleet Report, and so long as a Liquidation Event of Default (as defined in the applicable Segregated Series Supplement) or a Limited Liquidation Event of Default (as defined in the applicable Segregated Series Supplement) has occurred and is continuing with respect to any Segregated Series of Notes, the Servicer shall furnish or cause to be furnished to ZVF on a weekly basis a report (which may be on diskette or other electronic medium) that contains the data set forth in a Fleet Report, but determined on a weekly basis, and ZVF shall furnish or cause to be furnished to the Segregated Series Secured Party for such Series such weekly Fleet Report. (e) The Collateral Agent shall be entitled to request from the Servicer, with 10 Business Days, prior written notice, a fully-uploadable list of Vehicles indicating whether any Vehicle is a ZVF Segregated Vehicle (and, if such Vehicle is a ZVF Segregated Vehicle, to which Segregated Series such ZVF Segregated Vehicle relates) or a ZVF Vehicle.

Appears in 1 contract

Samples: Collateral Agency Agreement (Hertz Global Holdings Inc)

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