Common use of Other Series Clause in Contracts

Other Series. RCFC shall not issue any Series of Notes, other than the Series 2010-1 Notes, as a Group V Series of Notes without (a) the prior written consent of the Series 2010-1 Required Noteholders and (b) satisfaction of the Rating Agency Condition. In addition to the requirements in the Base Indenture, the issuance of any Series of Notes shall also require the delivery of an Opinion of Counsel, subject to the assumptions and qualifications stated therein, and in a form reasonably acceptable to the Trustee, dated the applicable Closing Date of such Series of Notes, substantially to the effect that the issuance of such Series will not adversely affect the Federal income tax characterization of Advances under the Series 2010-1 Notes made on or after such applicable Closing Date.

Appears in 2 contracts

Samples: Increases and Decreases (Dollar Thrifty Automotive Group Inc), Dollar Thrifty Automotive Group Inc

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Other Series. RCFC shall not issue any Series of Notes, other than the Series 2010-1 2 Notes, as a Group V VI Series of Notes without (a) the prior written consent of the Series 2010-1 2 Required Noteholders and (b) satisfaction of or as otherwise provided under the Rating Agency ConditionSeries 2010-2 Note Purchase Agreement. In addition to the requirements in the Base Indenture, the issuance of any such Series of Notes shall also require the delivery of an Opinion of Counsel, subject to the assumptions and qualifications stated therein, and in a form reasonably acceptable to the Trustee, dated the applicable Closing Date of such Series of Notes, substantially to the effect that the issuance of such Series will not adversely affect the Federal income tax characterization of Advances Increases under the Series 2010-1 2 Notes made on or after such applicable Closing Date.

Appears in 1 contract

Samples: Servicing Agreement (Dollar Thrifty Automotive Group Inc)

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