Financing Lease. The Group IV Lessor may grant security interests in the Master Collateral to the Master Collateral Agent, and in this Group IV Financing Lease and the other Group IV Collateral to the Trustee, in accordance with the Master Collateral Agency Agreement and the Second Indenture, and each Group IV Noteholder may grant security interests in its Group IV Notes, the related Series Supplements and other Group IV Collateral to certain of its creditors and their respective designees without consent of any Group IV Lessee. Each Group IV Lessee acknowledges that the granting of Liens and the taking of other actions pursuant to the Second Indenture and the Group IV Related Documents does not interfere with the rights of the Group IV Lessees under the Group IV Financing Lease.
Appears in 3 contracts
Sources: Master Motor Vehicle Lease and Servicing Agreement (Anc Rental Corp), Master Motor Vehicle Lease and Servicing Agreement (Anc Rental Corp), Master Motor Vehicle Lease and Servicing Agreement (Anc Rental Corp)