Segregated Series Lease definition

Segregated Series Lease means any lease relating to a Segregated Series of Notes, between RCFC, as lessor thereunder, and Hertz, as lessee and as master servicer, as the same may be amended, restated, modified or supplemented from time to time in accordance with its terms.
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Examples of Segregated Series Lease in a sentence

  • From time to time, a particular Lessee (a “Reallocating Lessee”) may desire to cease leasing a Lease Vehicle hereunder and an Alternative Lease Lessee may desire to commence leasing such Lease Vehicle pursuant to another Segregated Series Lease.

  • The parties to this Agreement acknowledge and agree that Hertz acts as Collateral Servicer pursuant to the Collateral Agency Agreement, as servicer pursuant to each Lease and each Segregated Series Lease, and, in such capacities, as the agent of HVF, HGI and/or HCS, for purposes of performing certain duties of HVF, HGI and/or HCS under this Agreement.

  • The Servicer shall identify on its computer system all Vehicles subject to the ZVF Lease as ZVF Vehicles and all Vehicles subject to each Segregated Series Lease as ZVF Segregated Vehicles (noting the particular Segregated Series Lease pursuant to which they are leased).

  • The parties to this Escrow Agreement acknowledge and agree that Hertz acts as Collateral Servicer pursuant to the Collateral Agency Agreement, as servicer pursuant to each Lease and each Segregated Series Lease, and, in such capacities, as the agent of HVF, HGI and/or HCS, for purposes of performing certain duties of HVF, HGI and/or HCS under this Agreement.

  • The parties to this Escrow Agreement acknowledge and agree that Hertz acts as Collateral Servicer pursuant to the Collateral Agency Agreement, as servicer pursuant to each Lease and each Segregated Series Lease, and, in such capacities, as the agent of HVF and/or HGI, for purposes of performing certain duties of HVF and/or HGI under this Agreement.

  • The parties to this Agreement acknowledge and agree that Hertz acts as Collateral Servicer pursuant to the Collateral Agency Agreement, as servicer pursuant to each Lease and each Segregated Series Lease, and, in such capacities, as the agent of HVF and/or HGI, for purposes of performing certain duties of HVF and/or HGI under this Agreement.

  • From time to time, the Lessee may desire to cease leasing a Vehicle hereunder and an Alternative Lease Lessee may desire to commence leasing such Vehicle pursuant to a Segregated Series Lease.

  • The Servicer shall identify on its computer system all Vehicles subject to the HVF Lease as HVF Vehicles, all Vehicles subject to the HGI Lease as HGI Vehicles and all Vehicles subject to each Segregated Series Lease (noting the particular Segregated Series Lease to which they are leased).

  • If the Lessee leases Program Vehicles subject to a Guaranteed Depreciation Program with Old Chrysler or one of its affiliates (“Chrysler Vehicles”) under the Leases, the Lessee agrees that all such Chrysler Vehicles will be owned by HGI and leased under the HGI Lease, owned by HVF and leased under the HVF Lease or owned by HVF and leased under a Segregated Series Lease.

  • Each of HGI and HVF agrees that, subject to the satisfaction of the conditions set forth in Section 2.8 of the Leases (or the applicable section with respect to any Segregated Series Lease), it will lease to the Lessee as many Vehicles as the Lessee desires to lease, provided that HGI or HVF, as applicable, has sufficient available funds to purchase such Vehicles in accordance with this Agreement.

Related to Segregated Series Lease

  • Series Account means any deposit, securities, trust, escrow or similar account maintained for the benefit of the Investor Certificateholders of any Series or Class, as specified in any Supplement.

  • Special Account means the account referred to in Section 2.02 (b) of this Agreement;

  • Segregated facilities, as used in this provision, means any waiting rooms, work areas, rest rooms and wash rooms, restaurants and other eating areas, time clocks, locker rooms and other storage or dressing areas, parking lots, drinking fountains, recreation or entertainment areas, transportation, and housing facilities provided for employees, that are segregated by explicit directive or are in fact segregated on the basis of race, color, religion, or national origin because of habit, local custom, or otherwise.

  • Security Deposit Account has the meaning given in Section 5.1.

  • Special Accounts means the accounts referred to in Section 2.02 (b) of this Agreement;

  • Asset Pool means a pool of cash-flow generating assets in which an issuer of a securitized product has a direct or indirect ownership or security interest;

  • Segregated Account means a client bank account as defined by and held in accordance with the Applicable Regulations.

  • Series Accounts means, collectively, the Finance Charge Account, the Principal Account, the Principal Accumulation Account, the Distribution Account, the Reserve Account and the Spread Account.

  • Collateral Security means security, other than a security interest in a motor vehicle that is the subject of an installment sale contract, that is given to secure performance of an obligation of the buyer, or of any surety or guarantor for the buyer, under an installment sale contract. The term includes the undertakings of any surety or guarantor for the buyer and any interest in, encumbrance on, or pledge of real or personal property other than the motor vehicle that is the subject of the installment sale contract.

  • Mortgagor Accounts As defined in Section 3.07(a) of this Agreement.

  • Eligible Deposit Account means either (a) a segregated account with an Eligible Institution or (b) a segregated trust account with the corporate trust department of a depository institution organized under the laws of the United States of America or any one of the states thereof or the District of Columbia (or any domestic branch of a foreign bank), having corporate trust powers and acting as trustee for funds deposited in such account, so long as any of the securities of such depository institution shall have a credit rating from each Rating Agency in one of its generic rating categories that signifies investment grade.

  • Asset Pool 1 Supplement means the Asset Pool 1 Supplement dated as of October 9, 2002, by and between the Issuer and the Indenture Trustee, as amended and supplemented from time to time.

  • Lease Supplement means a Lease Supplement, substantially in the form of Schedule 2 hereto, to be entered into between Lessor and Lessee on the Delivery Date for the purpose of leasing the Aircraft under and pursuant to the terms of this Agreement, and any subsequent Lease Supplement entered into in accordance with the terms of this Agreement.

  • Additional Account means each New Account and each Aggregate Addition Account.

  • Asset Pool One Supplement The Second Amended and Restated Asset Pool One Supplement, dated as of December 19, 2007, between Chase Issuance Trust, as Issuing Entity, and Xxxxx Fargo Bank, National Association, as Indenture Trustee and Collateral Agent, and acknowledged and accepted by the Bank, as Transferor, Servicer and Administrator.

  • Investment Property Control Agreement means an agreement in writing, in form and substance satisfactory to Agent, by and among Agent, any Borrower or Guarantor (as the case may be) and any securities intermediary, commodity intermediary or other person who has custody, control or possession of any investment property of such Borrower or Guarantor acknowledging that such securities intermediary, commodity intermediary or other person has custody, control or possession of such investment property on behalf of Agent, that it will comply with entitlement orders originated by Agent with respect to such investment property, or other instructions of Agent, or (as the case may be) apply any value distributed on account of any commodity contract as directed by Agent, in each case, without the further consent of such Borrower or Guarantor and including such other terms and conditions as Agent may require.

  • Interest Account means the Account within the Debt Service Fund so designated and established by Article V hereof.

  • Basic Lease Provisions means and refer to the following collective terms, the application of which shall be governed by the provisions in the remaining Articles of this Lease.

  • Initial Account has the meaning specified in the Transfer Agreement.

  • Collateral Deposit Account shall have the meaning set forth in Section 7.1(a).

  • Collateral Senior Additional Interest shall have the meaning specified in subsection 4.02(d).

  • Additional Accounts shall have the meaning specified in subsection 2.06(a).

  • Reserve Account Property shall have the meaning specified in Section 4.7(a) of the Sale and Servicing Agreement.

  • Collateral Interest Shortfall shall have the meaning specified in subsection 4.02(c).

  • Collateral Account Agreement means the Collateral Account Agreement executed and delivered by Company and Administrative Agent on the Closing Date, substantially in the form of EXHIBIT XXIII annexed hereto, as such Collateral Account Agreement may hereafter be amended, supplemented or otherwise modified from time to time.