Notice of Mandatory Decrease. Upon discovery of any Class A Excess Principal Event, HVF II, within two (2) Business Days of such discovery, shall deliver written notice of any related Class A Mandatory Decreases, any related Class A Mandatory Decrease Amount and the date of any such Class A Mandatory Decrease to the Trustee and each Class A Noteholder. Upon discovery of any Class B Excess Principal Event, HVF II, within two (2) Business Days of such discovery, shall deliver written notice of any related Class B Mandatory Decreases, any related Class B Mandatory Decrease Amount and the date of any such Class B Mandatory Decrease to the Trustee and each Class B Noteholder.
Appears in 3 contracts
Sources: Second Amended and Restated Series 2013 B Supplement (Hertz Corp), Second Amended and Restated Series 2014 a Supplement (Hertz Corp), Second Amended and Restated Series 2013 a Supplement (Hertz Corp)