Lien Holiday definition

Lien Holiday means, with respect to any Vehicle, either (x) in the case of new vehicles, the period of twenty-eight (28) forty-five (45) days after payment has been made for such Vehicle (as extended to the period specified in the column labeled “Extended Lien Holiday” in the table below for such state after payment has been made for such Vehicle) or (y) in the case of used vehicles, the period of forty-five (45) sixty (60) days after payment has made for such Vehicle with respect to Vehicles. Vehicle Type State Extended Lien Holiday New Alaska 45 days New Hawaii 45 days New Texas 45 days New California 45 days ”
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Lien Holiday has the meaning specified in the Series 2020-1 Supplement.
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Lien Holiday means, with respect to any HVIF Vehicle, either (x) the period of fourteen (14) days after payment has been made for such HVIF Vehicle or (y) with respect to HVIF Vehicles that are of the vehicle type in the specified state in the table below, the period specified in the column labeled “Extended Lien Holiday” in the table below for such vehicle type and state after payment has been made for such HVIF Vehicle. For the avoidance of doubt, with respect to vehicles contributed to HVIF by Hertz, the foregoing shall be measured from the date of purchase by Hertz.
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More Definitions of Lien Holiday

Lien Holiday has the meaning specified in the Base Indenture.
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Related to Lien Holiday

  • Bank Holiday means any day that is specified or proclaimed as a bank holiday, pursuant to section 1 of the Banking and Financial Dealings Act 1971;

  • public holiday means any day that is a public holiday in terms of the Public Holiday Act, 1994 (Act No. 36 of 1994);

  • Legal Holiday means a Saturday, a Sunday or a day on which banking institutions in the City of New York or at a place of payment are authorized by law, regulation or executive order to remain closed. If a payment date is a Legal Holiday at a place of payment, payment may be made at that place on the next succeeding day that is not a Legal Holiday, and no interest shall accrue on such payment for the intervening period.

  • General Holiday means every Sunday and any other day which is a

  • Holiday means the twenty-four (24) hour period commencing at 0001 hours of a day designated as a paid holiday in this Agreement.

  • Legal Holidays has the meaning specified in Section 1.14.

  • Unscheduled Holiday means a day that is not a Settlement Business Day and the market was not aware of such fact (by means of a public announcement or by reference to other publicly available information) until a time later than 9:00 a.m. local time in the principal financial centre of the Specified Currency two Settlement Business Days prior to the relevant Rate Fixing Date. As soon as the Calculation Agent is aware of such an Unscheduled Holiday, they shall inform the Issuer promptly.

  • Weekday means Monday – Friday.

  • NERC Holidays means a holiday as defined by the North American Electric Reliability Corporation or any successor thereto.

  • Public Holidays means those days declared as public holidays in accordance with the Holidays Act 1983.

  • Day means calendar day.

  • Weekend means a Saturday and the following Sunday, assuring a minimum of fifty-six (56) hours off duty;

  • Banking Day means each day (other than a Saturday or Sunday) on which the Clearing System and the Trans-European Automated Real-time Gross settlement Express Transfer-System (TARGET2) ("TARGET2") are open for business.

  • Bank Business Day means a day on which the Bank conducts business activities as per its effective opening hours, so when the Bank is open for the purpose of executing payment transactions.

  • TARGET2 Business Day means, a day in which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System or any successor is open.

  • Clearance System Business Day means, with respect to the Clearance System, any day (other than a Saturday or Sunday) on which the Clearance System is open for the acceptance and execution of settlement instructions.

  • Afternoon shift means any shift finishing after 6.00pm and at or before midnight.

  • Holidays shall be deemed to mean and include New Year’s Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and Christmas Day.

  • Business Day means any day except any Saturday, any Sunday, any day which is a federal legal holiday in the United States or any day on which banking institutions in the State of New York are authorized or required by law or other governmental action to close.

  • Average Annual Debt Service means, at the time of calculation, the sum of the Annual Debt Service for the remaining years of the loan to the last scheduled maturity of the loan divided by the number of those years.

  • Balloon means a non-power-driven lighter-than-air aircraft;

  • Working Day means a day (other than a Saturday or Sunday) on which banks are open for general business in the City of London.

  • Due Date The day of the month on which the Monthly Payment is due on a Mortgage Loan, exclusive of any days of grace.