Common use of Trustee as Securities Intermediary Clause in Contracts

Trustee as Securities Intermediary. (a) With respect to each Series 2013-A Account, the Trustee or other Person maintaining such Series 2013-A Account shall be the “securities intermediary” (as defined in Section 8-102(a)(14) of the New York UCC and a “bank” (as defined in Section 9-102(a)(8) of the New York UCC), in such capacities, the “Securities Intermediary”) with respect to such Series 2013-A Account. If the Securities Intermediary in respect of any Series 2013-A Account is not the Trustee, HVF II shall obtain the express agreement of such Person to the obligations of the Securities Intermediary set forth in this Section 4.3.

Appears in 6 contracts

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

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Trustee as Securities Intermediary. (a) With respect to each Series 2013-A B Account, the Trustee or other Person maintaining such Series 2013-A B Account shall be the “securities intermediary” (as defined in Section 8-102(a)(14) of the New York UCC and a “bank” (as defined in Section 9-102(a)(8) of the New York UCC), in such capacities, the “Securities Intermediary”) with respect to such Series 2013-A B Account. If the Securities Intermediary in respect of any Series 2013-A B Account is not the Trustee, HVF II shall obtain the express agreement of such Person to the obligations of the Securities Intermediary set forth in this Section 4.3.

Appears in 5 contracts

Samples: Assignment and Assumption Agreement (Hertz Corp), Assignment and Assumption Agreement (Hertz Corp), Assignment and Assumption Agreement (Hertz Global Holdings Inc)

Trustee as Securities Intermediary. (a) With respect to each Series 20132014-A Account, the Trustee or other Person maintaining such Series 20132014-A Account shall be the “securities intermediary” (as defined in Section 8-102(a)(14) of the New York UCC and a “bank” (as defined in Section 9-102(a)(8) of the New York UCC), in such capacities, the “Securities Intermediary”) with respect to such Series 20132014-A Account. If the Securities Intermediary in respect of any Series 20132014-A Account is not the Trustee, HVF II shall obtain the express agreement of such Person to the obligations of the Securities Intermediary set forth in this Section 4.3.

Appears in 2 contracts

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

Trustee as Securities Intermediary. (a) With respect to each Series 20132021-A 1 Account, the Trustee or other Person maintaining such Series 20132021-A 1 Account shall be the “securities intermediary” (as defined in Section 8-102(a)(14) of the New York UCC and a “bank” (as defined in Section 9-102(a)(8) of the New York UCC), in such capacities, the “Securities Intermediary”) with respect to such Series 20132021-A 1 Account. If the Securities Intermediary in respect of any Series 20132021-A 1 Account is not the Trustee, HVF II III shall obtain the express agreement of such Person to the obligations of the Securities Intermediary set forth in this Section 4.34.3 (Trustee as Securities Intermediary).

Appears in 1 contract

Samples: Hertz Corp

Trustee as Securities Intermediary. (a) With respect to each Series 20132022-A 4 Account, the Trustee or other Person maintaining such Series 20132022-A 4 Account shall be the “securities intermediary” (as defined in Section 8-102(a)(14) of the New York UCC and a “bank” (as defined in Section 9-102(a)(8) of the New York UCC), in such capacities, the “Securities Intermediary”) with respect to such Series 20132022-A 4 Account. If the Securities Intermediary in respect of any Series 20132022-A 4 Account is not the Trustee, HVF II III shall obtain the express agreement of such Person to the obligations of the Securities Intermediary set forth in this Section 4.34.3 (Trustee as Securities Intermediary).

Appears in 1 contract

Samples: Hertz Corp

Trustee as Securities Intermediary. (a) With respect to each Series 20132021-A 2 Account, the Trustee or other Person maintaining such Series 20132021-A 2 Account shall be the “securities intermediary” (as defined in Section 8-8- 102(a)(14) of the New York UCC and a “bank” (as defined in Section 9-102(a)(8) of the New York UCC), in such capacities, the “Securities Intermediary”) with respect to such Series 20132021-A 2 Account. If the Securities Intermediary in respect of any Series 20132021-A 2 Account is not the Trustee, HVF II III shall obtain the express agreement of such Person to the obligations of the Securities Intermediary set forth in this Section 4.34.3 (Trustee as Securities Intermediary).

Appears in 1 contract

Samples: Hertz Corp

Trustee as Securities Intermediary. (a) With respect to each Series 20132021-A 2 Account, the Trustee or other Person maintaining such Series 20132021-A 2 Account shall be the “securities intermediary” (as defined in Section 8-102(a)(14) of the New York UCC and a “bank” (as defined in Section 9-102(a)(8) of the New York UCC), in such capacities, the “Securities Intermediary”) with respect to such Series 20132021-A 2 Account. If the Securities Intermediary in respect of any Series 20132021-A 2 Account is not the Trustee, HVF II III shall obtain the express agreement of such Person to the obligations of the Securities Intermediary set forth in this Section 4.34.3 (Trustee as Securities Intermediary).

Appears in 1 contract

Samples: Hertz Corp

Trustee as Securities Intermediary. (a) With respect to each Series 20132022-A 1 Account, the Trustee or other Person maintaining such Series 20132022-A 1 Account shall be the “securities intermediary” (as defined in Section 8-102(a)(14) of the New York UCC and a “bank” (as defined in Section 9-102(a)(8) of the New York UCC), in such capacities, the “Securities Intermediary”) with respect to such Series 20132022-A 1 Account. If the Securities Intermediary in respect of any Series 20132022-A 1 Account is not the Trustee, HVF II III shall obtain the express agreement of such Person to the obligations of the Securities Intermediary set forth in this Section 4.34.3 (Trustee as Securities Intermediary).

Appears in 1 contract

Samples: Hertz Corp

Trustee as Securities Intermediary. (a) With respect to each Series 20132022-A 5 Account, the Trustee or other Person maintaining such Series 20132022-A 5 Account shall be the “securities intermediary” (as defined in Section 8-8- 102(a)(14) of the New York UCC and a “bank” (as defined in Section 9-102(a)(8) of the New York UCC), in such capacities, the “Securities Intermediary”) with respect to such Series 20132022-A 5 Account. If the Securities Intermediary in respect of any Series 20132022-A 5 Account is not the Trustee, HVF II III shall obtain the express agreement of such Person to the obligations of the Securities Intermediary set forth in this Section 4.34.3 (Trustee as Securities Intermediary).

Appears in 1 contract

Samples: Hertz Corp

Trustee as Securities Intermediary. (a) With respect to each Series 20132022-A 1 Account, the Trustee or other Person maintaining such Series 20132022-A 1 Account shall be the “securities intermediary” (as defined in Section 8-8- 102(a)(14) of the New York UCC and a “bank” (as defined in Section 9-102(a)(8) of the New York UCC), in such capacities, the “Securities Intermediary”) with respect to such Series 20132022-A 1 Account. If the Securities Intermediary in respect of any Series 20132022-A 1 Account is not the Trustee, HVF II III shall obtain the express agreement of such Person to the obligations of the Securities Intermediary set forth in this Section 4.34.3 (Trustee as Securities Intermediary).

Appears in 1 contract

Samples: Hertz Corp

Trustee as Securities Intermediary. (a) With respect to each Series 20132022-A 4 Account, the Trustee or other Person maintaining such Series 20132022-A 4 Account shall be the “securities intermediary” (as defined in Section 8-8- 102(a)(14) of the New York UCC and a “bank” (as defined in Section 9-102(a)(8) of the New York UCC), in such capacities, the “Securities Intermediary”) with respect to such Series 20132022-A 4 Account. If the Securities Intermediary in respect of any Series 20132022-A 4 Account is not the Trustee, HVF II III shall obtain the express agreement of such Person to the obligations of the Securities Intermediary set forth in this Section 4.34.3 (Trustee as Securities Intermediary).

Appears in 1 contract

Samples: Hertz Corp

Trustee as Securities Intermediary. (a) With respect to each Series 20132022-A 3 Account, the Trustee or other Person maintaining such Series 20132022-A 3 Account shall be the “securities intermediary” (as defined in Section 8-102(a)(14) of the New York UCC and a “bank” (as defined in Section 9-102(a)(8) of the New York UCC), in such capacities, the “Securities Intermediary”) with respect to such Series 20132022-A 3 Account. If the Securities Intermediary in respect of any Series 20132022-A 3 Account is not the Trustee, HVF II III shall obtain the express agreement of such Person to the obligations of the Securities Intermediary set forth in this Section 4.34.3 (Trustee as Securities Intermediary).

Appears in 1 contract

Samples: Hertz Corp

Trustee as Securities Intermediary. (a) With respect to each Series 20132022-A 2 Account, the Trustee or other Person maintaining such Series 20132022-A 2 Account shall be the “securities intermediary” (as defined in Section 8-8- 102(a)(14) of the New York UCC and a “bank” (as defined in Section 9-102(a)(8) of the New York UCC), in such capacities, the “Securities Intermediary”) with respect to such Series 20132022-A 2 Account. If the Securities Intermediary in respect of any Series 20132022-A 2 Account is not the Trustee, HVF II III shall obtain the express agreement of such Person to the obligations of the Securities Intermediary set forth in this Section 4.34.3 (Trustee as Securities Intermediary).

Appears in 1 contract

Samples: Hertz Corp

Trustee as Securities Intermediary. (a) With respect to each Series 20132016-A 2 Account, the Trustee or other Person maintaining such Series 20132016-A 2 Account shall be the “securities intermediary” (as defined in Section 8-102(a)(14) of the New York UCC and a “bank” (as defined in Section 9-102(a)(8) of the New York UCC), in such capacities, the “Securities Intermediary”) with respect to such Series 20132016-A 2 Account. If the Securities Intermediary in respect of any Series 20132016-A 2 Account is not the Trustee, HVF II shall obtain the express agreement of such Person to the obligations of the Securities Intermediary set forth in this Section 4.3.

Appears in 1 contract

Samples: Hertz Corp

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Trustee as Securities Intermediary. (a) With respect to each Series 2013-A B Account, the Trustee or other Person maintaining such Series 2013-A B Account shall be the “securities intermediary” (as defined in Section 8-102(a)(14) of the New York UCC and a “bank” (as defined in Section 9-102(a)(8) of the New York UCC), in such capacities, the “Securities Intermediary”) with respect to such Series 2013-A B Account. If the Securities Intermediary in respect of any Series 2013-A B Account is not the Trustee, HVF II shall obtain the express agreement of such Person to the obligations of the Securities Intermediary set forth in this Section 4.3.. WEIL:\95470638\23\52399.0041

Appears in 1 contract

Samples: Master Collateral Agency Agreement (Hertz Corp)

Trustee as Securities Intermediary. (a) With respect to each Series 20132022-A 5 Account, the Trustee or other Person maintaining such Series 20132022-A 5 Account shall be the “securities intermediary” (as defined in Section 8-102(a)(14) of the New York UCC and a “bank” (as defined in Section 9-102(a)(8) of the New York UCC), in such capacities, the “Securities Intermediary”) with respect to such Series 20132022-A 5 Account. If the Securities Intermediary in respect of any Series 20132022-A 5 Account is not the Trustee, HVF II III shall obtain the express agreement of such Person to the obligations of the Securities Intermediary set forth in this Section 4.34.3 (Trustee as Securities Intermediary).

Appears in 1 contract

Samples: Hertz Corp

Trustee as Securities Intermediary. (a) With respect to each Series 2013-A Account, the Trustee or other Person maintaining such Series 2013-A Account shall be the “securities intermediary” (as defined in Section 8-102(a)(14) of the New York UCC and a “bank” (as defined in Section 9-102(a)(8) of the New York UCC), in such capacities, the “Securities Intermediary”) with respect to such Series 2013-A Account. If the Securities Intermediary in respect of any Series 2013-A Account is not the Trustee, HVF II shall obtain the express agreement of such Person to the obligations of the Securities Intermediary set forth in this Section 4.3.. WEIL:\96021878\3\52399.0016

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Hertz Corp)

Trustee as Securities Intermediary. (a) With respect to each Series 20132022-A 2 Account, the Trustee or other Person maintaining such Series 20132022-A 2 Account shall be the “securities intermediary” (as defined in Section 8-102(a)(14) of the New York UCC and a “bank” (as defined in Section 9-102(a)(8) of the New York UCC), in such capacities, the “Securities Intermediary”) with respect to such Series 20132022-A 2 Account. If the Securities Intermediary in respect of any Series 20132022-A 2 Account is not the Trustee, HVF II III shall obtain the express agreement of such Person to the obligations of the Securities Intermediary set forth in this Section 4.34.3 (Trustee as Securities Intermediary).

Appears in 1 contract

Samples: Hertz Corp

Trustee as Securities Intermediary. (a) With respect to each Series 20132018-A 1 Account, the Trustee or other Person maintaining such Series 20132018-A 1 Account shall be the “securities intermediary” (as defined in Section 8-102(a)(14) of the New York UCC and a “bank” (as defined in Section 9-102(a)(8) of the New York UCC), in such capacities, the “Securities Intermediary”) with respect to such Series 20132018-A 1 Account. If the Securities Intermediary in respect of any Series 20132018-A 1 Account is not the Trustee, HVF II shall obtain the express agreement of such Person to the obligations of the Securities Intermediary set forth in this Section 4.3.

Appears in 1 contract

Samples: Hertz Corp

Trustee as Securities Intermediary. (a) With respect to each Series 20132022-A 3 Account, the Trustee or other Person maintaining such Series 20132022-A 3 Account shall be the “securities intermediary” (as defined in Section 8-8- 102(a)(14) of the New York UCC and a “bank” (as defined in Section 9-102(a)(8) of the New York UCC), in such capacities, the “Securities Intermediary”) with respect to such Series 20132022-A 3 Account. If the Securities Intermediary in respect of any Series 20132022-A 3 Account is not the Trustee, HVF II III shall obtain the express agreement of such Person to the obligations of the Securities Intermediary set forth in this Section 4.34.3 (Trustee as Securities Intermediary).

Appears in 1 contract

Samples: Hertz Corp

Trustee as Securities Intermediary. (a) With respect to each Series 20132016-A 1 Account, the Trustee or other Person maintaining such Series 20132016-A 1 Account shall be the “securities intermediary” (as defined in Section 8-102(a)(14) of the New York UCC and a “bank” (as defined in Section 9-102(a)(8) of the New York UCC), in such capacities, the “Securities Intermediary”) with respect to such Series 20132016-A 1 Account. If the Securities Intermediary in respect of any Series 20132016-A 1 Account is not the Trustee, HVF II shall obtain the express agreement of such Person to the obligations of the Securities Intermediary set forth in this Section 4.3.

Appears in 1 contract

Samples: Hertz Corp

Trustee as Securities Intermediary. (a) With respect to each Series 20132021-A 1 Account, the Trustee or other Person maintaining such Series 20132021-A 1 Account shall be the “securities intermediary” (as defined in Section 8-8- 102(a)(14) of the New York UCC and a “bank” (as defined in Section 9-102(a)(8) of the New York UCC), in such capacities, the “Securities Intermediary”) with respect to such Series 20132021-A 1 Account. If the Securities Intermediary in respect of any Series 20132021-A 1 Account is not the Trustee, HVF II III shall obtain the express agreement of such Person to the obligations of the Securities Intermediary set forth in this Section 4.34.3 (Trustee as Securities Intermediary).

Appears in 1 contract

Samples: Hertz Corp

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