Common use of Maintenance of Separate Existence Clause in Contracts

Maintenance of Separate Existence. Each Lessee and DTAG acknowledge their receipt of a copy of those certain opinion letters issued by ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ LLP dated March 28, 2006 addressing the issue of substantive consolidation as it may relate to DTAG and RCFC. Each of the Lessees, DTAG and RCFC hereby agrees to maintain in place all policies and procedures, and take and continue to take all action, described in the factual assumptions set forth in such opinion letter and relating to such Person, except as may be confirmed as not required in a subsequent or supplemental opinion of ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ LLP addressing the issue of substantive consolidation as it may relate to DTAG and RCFC; and

Appears in 2 contracts

Sources: Enhancement Letter of Credit Application and Agreement (Dollar Thrifty Automotive Group Inc), Enhancement Letter of Credit Application and Agreement (Dollar Thrifty Automotive Group Inc)

Maintenance of Separate Existence. Each Lessee and DTAG acknowledge their receipt of a copy of those certain opinion letters issued by ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ LLP dated March 28April 21, 2006 2005 addressing the issue of substantive consolidation as it may relate to DTAG and RCFC. Each of the Lessees, DTAG and RCFC hereby agrees to maintain in place all policies and procedures, and take and continue to take all action, described in the factual assumptions set forth in such opinion letter and relating to such Person, except as may be confirmed as not required in a subsequent or supplemental opinion of ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ LLP addressing the issue of substantive consolidation as it may relate to DTAG and RCFC; and

Appears in 2 contracts

Sources: Enhancement Letter of Credit Application and Agreement (Dollar Thrifty Automotive Group Inc), Enhancement Letter of Credit Application and Agreement (Dollar Thrifty Automotive Group Inc)

Maintenance of Separate Existence. Each Lessee and DTAG acknowledge their receipt of a copy of those certain opinion letters issued by ▇▇▇▇Latham & Watkins LLP dated May 5, 2004 addressing the issu▇ ▇▇ & s▇▇▇▇▇▇▇ LLP dated March 28, 2006 addressing the issue of substantive ▇ive consolidation as it may relate to DTAG and RCFC. Each of the Lessees, DTAG and RCFC hereby agrees to maintain in place all policies and procedures, and take and continue to take all action, described in the factual assumptions set forth in such opinion letter and relating to such Person, except as may be confirmed as not required in a subsequent or supplemental opinion of ▇▇▇▇▇▇ Latham & Watkins LLP addressing the issue of substantive c▇▇▇▇▇▇dati▇LLP addressing the issue of substantive consolidation as it ▇▇ ▇t may relate to DTAG and RCFC; and

Appears in 1 contract

Sources: Enhancement Letter of Credit Application and Agreement (Dollar Thrifty Automotive Group Inc)

Maintenance of Separate Existence. Each Lessee and DTAG acknowledge their receipt of a copy of those certain opinion letters issued by ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ LLP dated March 28October 26, 2006 2011 addressing the issue of substantive consolidation as it may relate to DTAG and RCFC. Each of the Lessees, DTAG and RCFC hereby agrees to maintain in place all policies and procedures, and take and continue to take all action, described in the factual assumptions set forth in such opinion letter and relating to such Person, except as may be confirmed as not required in a subsequent or supplemental opinion of ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ LLP addressing the issue of substantive consolidation as it may relate to DTAG and RCFC; and

Appears in 1 contract

Sources: Enhancement Letter of Credit Application and Agreement (Dollar Thrifty Automotive Group Inc)

Maintenance of Separate Existence. Each Lessee and DTAG acknowledge their receipt of a copy of those certain opinion letters issued by L▇▇▇▇▇ & W▇▇▇▇▇▇ LLP dated March 28May 23, 2006 2007 addressing the issue of substantive consolidation as it may relate to DTAG and RCFC. Each of the Lessees, DTAG and RCFC hereby agrees to maintain in place all policies and procedures, and take and continue to take all action, described in the factual assumptions set forth in such opinion letter and relating to such Person, except as may be confirmed as not required in a subsequent or supplemental opinion of L▇▇▇▇▇ & W▇▇▇▇▇▇ LLP addressing the issue of substantive consolidation as it may relate to DTAG and RCFC; and

Appears in 1 contract

Sources: Enhancement Letter of Credit Application and Agreement (Dollar Thrifty Automotive Group Inc)

Maintenance of Separate Existence. Each Lessee and DTAG acknowledge their receipt of a copy of those certain opinion letters issued by ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ LLP dated March 28May 23, 2006 2007 addressing the issue of substantive consolidation as it may relate to DTAG and RCFC. Each of the Lessees, DTAG and RCFC hereby agrees to maintain in place all policies and procedures, and take and continue to take all action, described in the factual assumptions set forth in such opinion letter and relating to such Person, except as may be confirmed as not required in a subsequent or supplemental opinion of ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ LLP addressing the issue of substantive consolidation as it may relate to DTAG and RCFC; and

Appears in 1 contract

Sources: Enhancement Letter of Credit Application and Agreement (Dollar Thrifty Automotive Group Inc)

Maintenance of Separate Existence. Each Lessee and DTAG acknowledge their receipt of a copy of those certain opinion letters issued by ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ LLP LLP, dated March 28May 23, 2006 2007, addressing the issue of substantive consolidation as it may relate to DTAG and RCFC. Each of the Lessees, DTAG and RCFC hereby agrees to maintain in place all policies and procedures, and take and continue to take all action, described in the factual assumptions set forth in such opinion letter and relating to such Person, except as may be confirmed as not required in a subsequent or supplemental opinion of ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ LLP addressing the issue of substantive consolidation as it may relate to DTAG and RCFC; and;

Appears in 1 contract

Sources: Enhancement Letter of Credit Application and Agreement (Dollar Thrifty Automotive Group Inc)

Maintenance of Separate Existence. Each Lessee and DTAG acknowledge their receipt of a copy of those certain opinion letters issued by ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ LLP dated March 28May 5, 2006 2004 addressing the issue of substantive consolidation as it may relate to DTAG and RCFC. Each of the Lessees, DTAG and RCFC hereby agrees to maintain in place all policies and procedures, and take and continue to take all action, described in the factual assumptions set forth in such opinion letter and relating to such Person, except as may be confirmed as not required in a subsequent or supplemental opinion of ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ LLP addressing the issue of substantive consolidation as it may relate to DTAG and RCFC; and

Appears in 1 contract

Sources: Enhancement Letter of Credit Application and Agreement (Dollar Thrifty Automotive Group Inc)

Maintenance of Separate Existence. Each Lessee and DTAG acknowledge their receipt of a copy of those certain opinion letters issued by ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ LLP dated March 28December 15, 2006 2000 addressing the issue of substantive consolidation as it may relate to DTAG and RCFC. Each of the Lessees, DTAG and RCFC hereby agrees to maintain in place all policies and procedures, and take and continue to take all action, described in the factual assumptions set forth in such opinion letter and relating to such Person, except as may be confirmed as not required in a subsequent or supplemental opinion of ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ LLP addressing the issue of substantive consolidation as it may relate to DTAG and RCFC; and

Appears in 1 contract

Sources: Enhancement Letter of Credit Application and Agreement (Dollar Thrifty Automotive Group Inc)

Maintenance of Separate Existence. Each Lessee and DTAG acknowledge their receipt of a copy of those certain opinion letters issued by ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ LLP dated March July 28, 2006 2011 addressing the issue of substantive consolidation as it may relate to DTAG and RCFC. Each of the Lessees, DTAG and RCFC hereby agrees to maintain in place all policies and procedures, and take and continue to take all action, described in the factual assumptions set forth in such opinion letter and relating to such Person, except as may be confirmed as not required in a subsequent or supplemental opinion of ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ LLP addressing the issue of substantive consolidation as it may relate to DTAG and RCFC; and

Appears in 1 contract

Sources: Enhancement Letter of Credit Application and Agreement (Dollar Thrifty Automotive Group Inc)

Maintenance of Separate Existence. Each Lessee and DTAG acknowledge their receipt of a copy of those certain opinion letters issued by ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ LLP LLP, dated March 28October 26, 2006 2011, addressing the issue of substantive consolidation as it may relate to DTAG and RCFC. Each of the Lessees, DTAG and RCFC hereby agrees to maintain in place all policies and procedures, and take and continue to take all action, described in the factual assumptions set forth in such opinion letter and relating to such Person, except as may be confirmed as not required in a subsequent or supplemental opinion of ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ LLP addressing the issue of substantive consolidation as it may relate to DTAG and RCFC; and;

Appears in 1 contract

Sources: Enhancement Letter of Credit Application and Agreement (Dollar Thrifty Automotive Group Inc)

Maintenance of Separate Existence. Each Lessee and DTAG acknowledge their receipt of a copy of those certain opinion letters issued by ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ LLP dated March 284, 2006 1998 addressing the issue of substantive consolidation as it may relate to DTAG DTAG, Dollar Thrifty Funding and RCFC. Each of the Lessees, DTAG and RCFC hereby agrees to maintain in place all policies and procedures, and take and continue to take all action, described in the factual assumptions set forth in such opinion letter and relating to such Person, except as may be confirmed as not required in a subsequent or supplemental opinion of ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ LLP addressing the issue of substantive consolidation as it may relate to DTAG and RCFC; and

Appears in 1 contract

Sources: Letter of Credit Agreement (Dollar Thrifty Automotive Group Inc)

Maintenance of Separate Existence. Each Lessee and DTAG acknowledge their receipt of a copy of those certain opinion letters issued by ▇▇▇▇▇▇ Latham & ▇▇▇▇▇▇▇ LLP dated March 28December 15, 2006 2000 addressing the issue of substantive consolidation as it may relate to DTAG and RCFC. Each of the Lessees, DTAG and RCFC hereby agrees to maintain in place all policies and procedures, and take and continue to take all action, described in the factual assumptions set forth in such opinion letter and relating to such Person, except as may be confirmed as not required in a subsequent or supplemental opinion of ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ LLP addressing the issue of substantive consolidation as it may relate to DTAG and RCFC; and

Appears in 1 contract

Sources: Enhancement Letter of Credit Application and Agreement (Dollar Thrifty Automotive Group Inc)

Maintenance of Separate Existence. Each Lessee and DTAG acknowledge their receipt of a copy of those certain opinion letters issued by ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ LLP LLP, dated March October 28, 2006 2010, addressing the issue of substantive consolidation as it may relate to DTAG and RCFC. Each of the Lessees, DTAG and RCFC hereby agrees to maintain in place all policies and procedures, and take and continue to take all action, described in the factual assumptions set forth in such opinion letter and relating to such Person, except as may be confirmed as not required in a subsequent or supplemental opinion of ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ LLP addressing the issue of substantive consolidation as it may relate to DTAG and RCFC; and;

Appears in 1 contract

Sources: Enhancement Letter of Credit Application and Agreement (Dollar Thrifty Automotive Group Inc)

Maintenance of Separate Existence. Each Lessee and DTAG acknowledge their receipt of a copy of those certain opinion letters issued by ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ LLP LLP, dated March July 28, 2006 2011, addressing the issue of substantive consolidation as it may relate to DTAG and RCFC. Each of the Lessees, DTAG and RCFC hereby agrees to maintain in place all policies and procedures, and take and continue to take all action, described in the factual assumptions set forth in such opinion letter and relating to such Person, except as may be confirmed as not required in a subsequent or supplemental opinion of ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ LLP addressing the issue of substantive consolidation as it may relate to DTAG and RCFC; and;

Appears in 1 contract

Sources: Enhancement Letter of Credit Application and Agreement (Dollar Thrifty Automotive Group Inc)

Maintenance of Separate Existence. Each Lessee and DTAG acknowledge their receipt of a copy of those certain opinion letters issued by ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ LLP dated March October 28, 2006 2010 addressing the issue of substantive consolidation as it may relate to DTAG and RCFC. Each of the Lessees, DTAG and RCFC hereby agrees to maintain in place all policies and procedures, and take and continue to take all action, described in the factual assumptions set forth in such opinion letter and relating to such Person, except as may be confirmed as not required in a subsequent or supplemental opinion of ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ LLP addressing the issue of substantive consolidation as it may relate to DTAG and RCFC; and

Appears in 1 contract

Sources: Enhancement Letter of Credit Application and Agreement (Dollar Thrifty Automotive Group Inc)