Trustee as Lienholder. Concurrently with each leasing of a Vehicle under this Agreement, the Administrator shall indicate on its computer records that the Trustee as assignee of the Lender is the holder of a Lien on such Vehicle pursuant to the terms of the Indenture.
Appears in 7 contracts
Samples: Master Motor Vehicle Operating Lease Agreement (Avis Rent a Car Inc), Master Motor Vehicle Operating Lease Agreement (Avis Rent a Car Inc), Master Motor Vehicle Finance Lease Agreement (Avis Rent a Car Inc)
Trustee as Lienholder. Concurrently with each leasing of a Vehicle under this Agreement, the Administrator shall indicate on its computer records that the Trustee Trustee, as assignee of the Lender Lender, is the holder of a Lien on such Vehicle pursuant to the terms of the Base Indenture.
Appears in 3 contracts
Samples: Master Motor Vehicle Finance Lease Agreement, Master Motor Vehicle Finance Lease Agreement (Avis Budget Group, Inc.), Master Motor Vehicle Operating Lease Agreement (Cendant Corp)
Trustee as Lienholder. Concurrently with each leasing of a Vehicle under this Agreement, the Administrator Servicer shall indicate on its computer records that the Trustee as assignee of the Lender Lessor is the holder of a Lien on such Vehicle pursuant to the terms of the Indenture.
Appears in 2 contracts
Samples: Motor Vehicle Lease Agreement (Team Rental Group Inc), Master Motor Vehicle Lease Agreement (Team Rental Group Inc)