Donlen definition
Examples of Donlen in a sentence
Seller currently leases from Donlen Trust, a Delaware business trust (“Donlen”), the vehicle identified on Schedule 6.21 (the “Leased Vehicle”).
Seller and/or one or more of its Affiliates is currently a party to an agreement (the “Leased Vehicles Agreement”) with Donlen Trust, a Delaware business trust (“Donlen”), pursuant to which Donlen leases to Seller the maintenance vans (the “Maintenance Vans”) and vehicles identified on Schedule 6.07 (collectively, the “Leased Vehicles”).
The by-laws of Sub, as in effect immediately prior to the Effective Time, shall at the Effective Time be the by-laws of the Surviving Corporation, except as to the name of the Surviving Corporation, which shall be Donlen Corporation, until thereafter amended as provided by Law, the articles of incorporation of the Surviving Corporation and such by-laws.
Donlen Trust will not have any employees, and the day-to-day business operations with respect to the Financed SUBI Portfolio have been conducted through the Company, in its capacity as servicer, pursuant to the servicing agreement and the servicing supplements that have been executed thereunder.
In addition, there are no, and have not been any, other agreements or understandings pursuant to which the Company or another of its other Affiliates (A) is responsible for maintaining each Conduit Borrower’s or Donlen Trust’s solvency or providing additional capital or (B) provides recourse, guarantees or otherwise retains or assumes financial risks with respect to the Transferred Assets other than the limited obligations expressly set forth in the Conduit Facility Documents.
One Year Performance Period: January 1, 2016 through December 31, 2016 One Year Performance Criteria: 2016 Donlen EBITDA* Two Year Performance Period: January 1, 2016 through December 31, 2017 Two Year Performance Criteria: 2016 & 2017 Donlen EBITDA* Three Year Performance Period: January 1, 2016 through December 31, 2018 Three Year Performance Criteria: 2016, 2017 & 2018 Donlen EBITDA* One Year Performance Determination.
At or prior to the Closing and effective as of the Effective Time, Purchaser shall enter into such agreements and provide such other documentation as may be reasonably requested or required by Donlen in order for Purchaser to purchase and acquire the Leased Vehicles from Donlen effective as of the Closing Date.
The Company and Donlen Trust may share some expenses not reflected in servicer’s fees, but these are not expected to be material in the judgment of the Company.
Notwithstanding anything to the contrary set forth herein or in any other Loan Document, at any time that the Class RR Notes and the HFLF Series Specific Limited Partnership Interests remain unpaid, no Loan Party shall permit any of HVF LLC, HVF II, Donlen, HFLF, DNRS II LLC, Donlen Trust, Hertz Fleet Lease Funding Corp.
Examples within the Credit Card Guide include, but are not limited to Conoco Standard, Conoco Premium, Conoco Visa, Conoco Fleet, Visa, Mastercard, American Express, Discover, Voyager, PHH, Donlen, and ▇▇▇▇▇▇ Express.