Additional Series of Notes. RCFC shall not issue after the Series 2010-3 Restatement Closing Date any new Series of Notes entitled to share in the Group VII Collateral unless (a) (i) the Managing Agents have given their prior written consent to such issuance and (ii) the Rating Agency Condition is satisfied or (b) (i) the proceeds of such issuance are to be used to pay in full the Series 2010-3 Invested Amount and all other amounts due and payable under the Series Documents to the Purchaser Parties shall be paid concurrently therewith and
Appears in 1 contract
Sources: Note Purchase Agreement (Dollar Thrifty Automotive Group Inc)
Additional Series of Notes. RCFC shall not issue after the Series 20102000-3 Restatement 1 Closing Date any new Series of Notes entitled to share in the Group VII II Collateral unless (a) (i) the Managing Agents have given their prior written consent to such issuance and (ii) the Rating Agency Condition is satisfied or (b) (i) the proceeds of such issuance are to be used to pay in full the Series 20102000-3 1 Invested Amount and all other amounts due and payable under the Series Documents to the Purchaser Parties shall be paid concurrently therewith andand (ii) the obligations of the Purchasers to make Advances under the Series Documents is terminated on or prior to the date of such issuance.
Appears in 1 contract
Sources: Note Purchase Agreement (Dollar Thrifty Automotive Group Inc)
Additional Series of Notes. RCFC shall not issue after the Series 2010-3 Restatement Closing Date any new Series of Notes entitled to share in the Group VII Collateral unless (a) (i) the Managing Agents have given their prior written consent to such issuance and (ii) the Rating Agency Condition is satisfied or (b) (i) the proceeds of such issuance are to be used to pay in full the Series 2010-3 Invested Amount and all other amounts due and payable under the Series Documents to the Purchaser Parties shall be paid concurrently therewith andand (ii) the obligations of the Purchasers to make Advances under the Series Documents is terminated on or prior to the date of such issuance.
Appears in 1 contract
Sources: Note Purchase Agreement (Dollar Thrifty Automotive Group Inc)