Common use of Breakage Clause in Contracts

Breakage. Subject to and in accordance with Section 3.6, with respect to each Mandatory Decrease, HVF II shall reimburse each Investor Group on the next succeeding Payment Date for any associated breakage costs payable as a result of such Mandatory Decrease.

Appears in 6 contracts

Sources: Amended and Restated Series Supplement (Hertz Global Holdings Inc), Amended and Restated Series Supplement (Hertz Global Holdings Inc), Amended and Restated Series Supplement (Hertz Corp)

Breakage. Subject to and in accordance with Section 3.6, with respect to each Mandatory Voluntary Decrease, HVF II shall reimburse each Investor Group on the next succeeding Payment Date for any associated breakage costs payable as a result of such Mandatory Voluntary Decrease.

Appears in 6 contracts

Sources: Amended and Restated Series Supplement (Hertz Global Holdings Inc), Amended and Restated Series Supplement (Hertz Global Holdings Inc), Amended and Restated Series Supplement (Hertz Corp)