Common use of Class A Pairing Conditions Clause in Contracts

Class A Pairing Conditions. A. So long as the Class A Series 2013-B Notes are Outstanding (as “Outstanding” is defined in the Series 2013-B Supplement), no increase of the Class A Maximum Principal Amount pursuant to Section 2.1(b)(i) shall be effective unless (A) the Class A Additional Investor Group to become party to this Series 2013-A Supplement in connection therewith shall contemporaneously with the execution of the related Class A Addendum become party to the Series 2013-B Supplement as a Class A Series 2013-B Additional Investor Group pursuant to Section 2.1(b)(i) of the Series 2013-B Supplement by execution of a Class A Series 2013-B Addendum and (B) immediately after giving effect to the execution of such Class A Addendum and such Class A Series 2013-B Addendum, such Class A Additional Investor Group’s Class A Commitment Percentage shall equal such Class A Series 2013-B Additional Investor Group’s Class A Series 2013-B Commitment Percentage.

Appears in 3 contracts

Samples: Assignment and Assumption Agreement (Hertz Corp), Assignment and Assumption Agreement (Hertz Corp), Vehicle Title Nominee Agreement (Hertz Corp)

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Class A Pairing Conditions. A. So long as the Class A Series 2013-B A Notes are Outstanding (as “Outstanding” is defined in the Series 2013-B A Supplement), no increase of the Class A Maximum Principal Amount pursuant to Section 2.1(b)(i) shall be effective unless (A) the Class A Additional Investor Group to become party to this Series 2013-A B Supplement in connection therewith shall contemporaneously with the execution of the related Class A Addendum become party to the Series 2013-B A Supplement as a Class A Series 2013-B A Additional Investor Group pursuant to Section 2.1(b)(i) of the Series 2013-B A Supplement by execution of a Class A Series 2013-B A Addendum and (B) immediately after giving effect to the execution of such Class A Addendum and such Class A Series 2013-B A Addendum, such Class A Additional Investor Group’s Class A Commitment Percentage shall equal such Class A Series 2013-B A Additional Investor Group’s Class A Series 2013-B A Commitment Percentage.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Hertz Corp), Master Collateral Agency Agreement (Hertz Corp)

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Class A Pairing Conditions. A. So long as the Class A Series 2013-B A Notes are Outstanding (as “Outstanding” is defined in the Series 2013-B A Supplement), no increase of the Class A Maximum Principal Amount pursuant to Section 2.1(b)(i) shall be effective unless (A) the Class A Additional Investor Group to become party to this Series 2013-A B Supplement in connection therewith shall contemporaneously with the execution of the related Class A Addendum become party to the Series 2013-B A Supplement as a Class A Series 2013-B A Additional Investor Group pursuant to Section 2.1(b)(i) of the Series 2013-B A Supplement by execution of a Class A Series 2013-B A Addendum and (B) immediately after giving effect to the execution of such Class A Addendum and such WEIL:\96021961\2\52399.0016 Class A Series 2013-B A Addendum, such Class A Additional Investor Group’s Class A Commitment Percentage shall equal such Class A Series 2013-B A Additional Investor Group’s Class A Series 2013-B A Commitment Percentage.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Hertz Corp)

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