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HTZ » Topics » Section 7.11. Solvency.

This excerpt taken from the HTZ 10-K filed Mar 30, 2007.

Section 7.11.  Solvency.

Both before and after giving effect to the transactions contemplated by this Indenture and the other Related Documents, HVF is solvent within the meaning of the Bankruptcy Code and HVF is not the subject of any voluntary or involuntary case or proceeding seeking liquidation, reorganization or other relief with respect to itself or its debts under any bankruptcy or insolvency law and no Event of Bankruptcy has occurred with respect to HVF.

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