Common use of Restricted Global Class C Note Clause in Contracts

Restricted Global Class C Note. Class C Notes to be issued in the United States will be issued in book-entry form of and represented by a Restricted Global Class C Note, substantially in the form of Exhibit C-1, Exhibit C-2 or Exhibit C-3 (as applicable) appended hereto, with such legends as may be applicable thereto as set forth in the Base Indenture, and will be sold initially to institutional accredited investors within the meaning of Regulation D under the Securities Act in reliance -108- 113 on an exemption from the registration requirements of the Securities Act and thereafter to qualified institutional buyers within the meaning of, and in reliance on, Rule 144A under the Securities Act and shall be deposited on behalf of the purchasers of the Class C Notes represented thereby, with a custodian for DTC, and registered in the name of Cede as DTC's nominee, duly executed by RCFC and authenticated by the Trustee in the manner set forth in Section 2.4 of the Base Indenture.

Appears in 1 contract

Sources: Rental Car Asset Backed Notes (Dollar Thrifty Automotive Group Inc)

Restricted Global Class C Note. Class C Notes to be issued in the United States will be issued in book-entry form of and represented by a Restricted Global Class C Note (a "Restricted Global Class C Note"), substantially in the form of Exhibit C-1, Exhibit C-2 or Exhibit C-3 (as applicable) C-1 appended hereto, with such legends as may be applicable thereto as set forth in the Base Indenture, and will be sold initially to institutional accredited investors within the meaning of Regulation D under the Securities Act in reliance -108- 113 on an exemption from the registration requirements of the Securities Act and thereafter to qualified institutional buyers within the meaning of, and in reliance on, Rule 144A under the Securities Act and shall be deposited on behalf of the purchasers of the Class C Notes represented thereby, with a custodian for DTC, and registered in the name of Cede as DTC's nominee, duly executed by RCFC and authenticated by the Trustee in the manner set forth in Section 2.4 of the Base Indenture.

Appears in 1 contract

Sources: Series Supplement (Dollar Thrifty Automotive Group Inc)