Common use of The Master Servicer Not to Resign Clause in Contracts

The Master Servicer Not to Resign. Without the prior written consent of the Master Collateral Agent, each of the Beneficiaries and the Rating Agencies, the Master Servicer shall not resign from the obligations and duties imposed on it hereunder.

Appears in 2 contracts

Samples: Master Collateral Agency Agreement (Vanguard Car Rental Group Inc.), Master Collateral Agency Agreement (Anc Rental Corp)

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The Master Servicer Not to Resign. Without the prior written consent of the Master Collateral Agent, each of the Beneficiaries and the Rating Agencies, the Master Servicer shall not resign from the obligations and duties hereby imposed on it hereunder.

Appears in 2 contracts

Samples: Master Collateral Agency Agreement (Autonation Inc /Fl), Master Collateral Agency Agreement (Republic Industries Inc)

The Master Servicer Not to Resign. Without the prior written consent of the Master Collateral Agent, each of the Beneficiaries Financing Sources and Beneficiaries, and the Rating Agencies, the Master Servicer shall not resign from the obligations and duties imposed on it hereunder.

Appears in 2 contracts

Samples: Master Collateral Agency Agreement (Hertz Corp), Master Collateral Agency Agreement (Dollar Thrifty Automotive Group Inc)

The Master Servicer Not to Resign. Without the prior written consent of the Master Collateral Agent, each of the Beneficiaries Financing Sources and Beneficiaries, and the Rating Agencies, the Master Servicer shall not resign from the obligations and duties imposed on it hereunder. SECTION 3.4.

Appears in 1 contract

Samples: Master Collateral Agency Agreement

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The Master Servicer Not to Resign. Without the prior written consent of the Master Collateral Agent, each of the Beneficiaries Financing Sources and Beneficiaries, and the Rating Agencies, the Master Servicer shall not resign from the obligations and duties imposed on it hereunder.. WEIL:\95391242\3\52399.0016

Appears in 1 contract

Samples: Master Collateral Agency Agreement (Hertz Corp)

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