Common use of No Negotiation Clause in Contracts

No Negotiation. This Demand Note is not negotiable other than to the Trustee for the benefit of the Series 2013-A Noteholders pursuant to the Series 2013-A Supplement. The parties intend that this Demand Note will be pledged to the Trustee for the benefit of the secured parties under the Series 2013-A Supplement and the other Series 2013-A Related Documents and payments hereunder shall be made only to said Trustee.

Appears in 7 contracts

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

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No Negotiation. This Demand Note is not negotiable other than to the Trustee for the benefit of the Series 2013-A B Noteholders pursuant to the Series 2013-A B Supplement. The parties intend that this Demand Note will be pledged to the Trustee for the benefit of the secured parties under the Series 2013-A B Supplement and the other Series 2013-A B Related Documents and payments hereunder shall be made only to said Trustee.

Appears in 6 contracts

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

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No Negotiation. This Demand Note is not negotiable other than to the Trustee for the benefit of the Series 20132014-A Noteholders pursuant to the Series 20132014-A Supplement. The parties intend that this Demand Note will be pledged to the Trustee for the benefit of the secured parties under the Series 20132014-A Supplement and the other Series 20132014-A Related Documents and payments hereunder shall be made only to said Trustee.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Hertz Corp), Assignment and Assumption Agreement (Hertz Corp)

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