Liquidation Event of Default definition

Liquidation Event of Default means, so long as such event or condition continues, any of the following: (a) any event or condition with respect to RCFC or a Lessee of the type described in Section 8.1(d) of the Base Indenture, (b) a payment default by RCFC under the Base Indenture as specified in Sections 8.1(a) and 8.1(b) thereof, or (c) a Lease Event of Default as specified in Section 8.1(e) thereof (with respect solely to the occurrence of the Lease Events of Default described in Sections 17.1.1(i), 17.1.2 and 17.1.5 under the Master Lease).

Liquidation Event of Default means, so long as such event or condition continues, any of the following: (a) any Lease Payment Default or (b) an Event of Bankruptcy with respect to Hertz Vehicles LLC, HGI or HVIF and (y) after the Emergence Date, an Event of Bankruptcy with respect to Hertz.

Liquidation Event of Default means, so long as such event or condition continues, any of the following: (a) any Amortization Event under Section 8.1(d) of the Base Indenture, (b) any Amortization Event under Section 8.1(a) or 8.1(b) of the Base Indenture, or (c) any Amortization Event resulting from a Lease Event of Default as specified in Section 8.1(e) of the Base Indenture (with respect solely to the occurrence of the Lease Events of Default pursuant to Sections 17.1.1(i), 17.1.2 and 17.1.5 under the Master Lease).

Examples of Liquidation Event of Default in a sentence

• Upon the occurrence of a Liquidation Event of Default or a Limited Liquidation Event of Default and subject to the provisions of the Related Documents, the Trustee shall have all of the rights and remedies of a secured party, including, without limitation, the rights and remedies granted under the Uniform Commercial Code.

• The Administrative Agent shall not be deemed to have knowledge of any Amortization Event, Potential Amortization Event, Liquidation Event of Default or Limited Liquidation Event of Default unless the Administrative Agent has received notice from HVF, any Conduit Investor, any Committed Note Purchaser or any Funding Agent.

• No Amortization Event, Liquidation Event of Default or Limited Liquidation Event of Default or event which, with the giving of notice or the passage of time or both would constitute any of the foregoing, shall have occurred or be continuing.

• Upon the occurrence of a Liquidation Event of Default or a Limited Liquidation Event of Default and subject to the provisions of the Related Documents and the proviso contained in the immediately preceding sentence, the Trustee shall have all of the rights and remedies of a secured party, including, without limitation, the rights and remedies granted under the Uniform Commercial Code.

• Upon the occurrence of a Liquidation Event of Default or a Limited Liquidation Event of Default and subject to the provisions of the Related Documents, the Trustee shall have all of the rights and remedies of a secured party, including, without limitation, the rights and remedies granted under the UCC.

More Definitions of Liquidation Event of Default

Liquidation Event of Default has the meaning given to it in the applicable Series Supplement.

Liquidation Event of Default means, so long as such event or condition continues, any of the following: (a) any Amortization Event under Section 8.1(d) of the Base Indenture, (b) any Amortization Event under Section 8.1(a) or 8.1(b) of the Base Indenture, or

Liquidation Event of Default means the occurrence of any one of the following:

Liquidation Event of Default means a Liquidation Event of Default (as defined in the Base Indenture) with respect to the Group I Series of Notes.

Liquidation Event of Default means (a) any event or condition with respect to DTFC or the type described in Section 9.1.6 of the Liquidity Agreement, (b) any event or condition with respect to DTFC pursuant to Section 9.1.1(b) of the Liquidity Agreement (but only if so declared with respect to each Series 1998-1 Note by Liquidity Lenders evidencing commitments exceeding 75% of the aggregate liquidity commitment in respect of the Series 1998-1 Notes) or (c) any "Liquidation Event of Default", as defined in the Series 1998-1

Liquidation Event of Default means, with respect to any Series of Notes, so long as such event or condition continues, any of the following: (a) any Lease Payment Default or (b) an Event of Bankruptcy with respect to Zipcar or ZVF.

Liquidation Event of Default means, so long as such event or condition continues, any of the following: (a) any event or condition with respect to CRCF, AESOP Leasing, AESOP Leasing II, Original AESOP, PVHC, Quartx, CCRG or any other Lessee of the type described in Section 9.1(d) of the Base Indenture, (b) a payment default by CRCF under the Base Indenture as specified in Sections 9.1(a) and (b) of the Base Indenture, (c) an event specified in Section 9. 1(e)(i), (k), (l) or (m) of the Base Indenture, (d) a payment default by CCRG or any Lessee under any Enhancement Agreement, as specified therein, (e) a payment default by the Lessee under Section 18.1.1 of the AESOP I Operating Lease, (f) a payment default by the Lessee under Section 18.1.1 of the AESOP II Operating Lease, (g) a payment default by any Lessee under Section 18.1.1 of the Finance Lease or (h) an Event of Bankruptcy with respect to any Permitted Sublessee or the Intermediary.