Trustee as Securities Intermediary. (a) With respect to each Series 2021-A Account, the Trustee or other Person maintaining such Series 2021-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 2021-A Account. If the Securities Intermediary in respect of any Series 2021-A Account is not the Trustee, HVF III shall obtain the express agreement of such Person to the obligations of the Securities Intermediary set forth in this Section 4.3 (Trustee as Securities Intermediary).
Appears in 2 contracts
Samples: Hertz Corp, Hertz Corp
Trustee as Securities Intermediary. (a) With respect to each Series 20212023-A 3 Account, the Trustee or other Person maintaining such Series 20212023-A 3 Account shall be the “securities intermediary” (as defined in Section 8-102(a)(14) of the New York UCC UCC) and a “bank” (as defined in Section 9-102(a)(8) of the New York UCC), ) (the Trustee Acting in such capacities, the “Securities Intermediary”) with respect to such Series 20212023-A 3 Account. If the Securities Intermediary in respect of any Series 20212023-A 3 Account is not the Trustee, HVF III shall obtain the express agreement of such Person to the obligations of the Securities Intermediary set forth in this Section 4.3 (Trustee as Securities Intermediary).
Appears in 1 contract
Samples: Hertz Corp
Trustee as Securities Intermediary. (a) With respect to each Series 20212023-A 1 Account, the Trustee or other Person maintaining such Series 20212023-A 1 Account shall be the “securities intermediary” (as defined in Section 8-102(a)(14) of the New York UCC UCC) and a “bank” (as defined in Section 9-102(a)(8) of the New York UCC), ) (the Trustee Acting in such capacities, the “Securities Intermediary”) with respect to such Series 20212023-A 1 Account. If the Securities Intermediary in respect of any Series 20212023-A 1 Account is not the Trustee, HVF III shall obtain the express agreement of such Person to the obligations of the Securities Intermediary set forth in this Section 4.3 (Trustee as Securities Intermediary).
Appears in 1 contract
Samples: Hertz Corp
Trustee as Securities Intermediary. (a) With respect to each Series 20212023-A 2 Account, the Trustee or other Person maintaining such Series 20212023-A 2 Account shall be the “securities intermediary” (as defined in Section 8-102(a)(14) of the New York UCC UCC) and a “bank” (as defined in Section 9-102(a)(8) of the New York UCC), ) (the Trustee Acting in such capacities, the “Securities Intermediary”) with respect to such Series 20212023-A 2 Account. If the Securities Intermediary in respect of any Series 20212023-A 2 Account is not the Trustee, HVF III shall obtain the express agreement of such Person to the obligations of the Securities Intermediary set forth in this Section 4.3 (Trustee as Securities Intermediary).
Appears in 1 contract
Samples: Hertz Corp
Trustee as Securities Intermediary. (a) With respect to each Series 20212023-A 4 Account, the Trustee or other Person maintaining such Series 20212023-A 4 Account shall be the “securities intermediary” (as defined in Section 8-102(a)(14) of the New York UCC UCC) and a “bank” (as defined in Section 9-102(a)(8) of the New York UCC), ) (the Trustee Acting in such capacities, the “Securities Intermediary”) with respect to such Series 20212023-A 4 Account. If the Securities Intermediary in respect of any Series 20212023-A 4 Account is not the Trustee, HVF III shall obtain the express agreement of such Person to the obligations of the Securities Intermediary set forth in this Section 4.3 (Trustee as Securities Intermediary).
Appears in 1 contract
Samples: Hertz Corp