Vehicle Rental. Concession Rights in which a security interest is not perfected by filing a financing statement in the applicable Grantor’s jurisdiction of organization and/or to the extent that such security interests would result in adverse business consequences to Holdings or any one or more of its Subsidiaries as determined in good faith by the Parent Borrower (which determination shall be conclusive) (and there shall be no requirement to obtain Public Facility Operator consents or any other third party consents);
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Samples: Credit Agreement (Hertz Corp), Guarantee and Collateral Agreement (Hertz Corp), Guarantee and Collateral Agreement (Hertz Global Holdings, Inc)
Vehicle Rental. Concession Rights in which a security interest is not perfected by filing a financing statement in the applicable Grantor’s jurisdiction of organization and/or to the extent that such security interests would result in adverse business consequences to Holdings the Company or any one or more of its Subsidiaries as determined in good faith by the Parent Borrower Company (which determination shall be conclusive) (and there shall be no requirement to obtain Public Facility Operator consents or any other third party consents);
Appears in 1 contract
Samples: Collateral Agreement (Hertz Corp)
Vehicle Rental. Concession Rights in which a security interest is not perfected by filing a financing statement in the applicable Grantor’s jurisdiction of organization and/or to the extent that such security interests would result in adverse business consequences to Holdings or any one or more of its Subsidiaries as determined in good faith by the Parent Borrower Company (which determination shall be conclusive) (and there shall be no requirement to obtain Public Facility Operator consents or any other third party consents);
Appears in 1 contract
Samples: Supplemental Indenture (Hertz Corp)