Rapid Amortization Period. With respect to the Series 2011-5 Rapid Amortization Period, other than after the occurrence of an Event of Bankruptcy with respect to ABCR, any other Lessee or any Permitted Sublessee, the Administrator will direct the Trustee in writing pursuant to the Administration Agreement to allocate, prior to 11:00 a.m. (New York City time) on any Series 2011-5 Deposit Date, all amounts deposited into the Collection Account as set forth below:
Rapid Amortization Period. During the Series 2009-1 Rapid Amortization Period, the Administrator will direct the Trustee in writing pursuant to the Administration Agreement, prior to 1:00 p.m. (New York City time) on any Series 2009-1 Deposit Date, to apply from all amounts deposited into the Collection Account as set forth below:
Rapid Amortization Period. Commencing on the first Determination Date after the commencement of the Series 2010-1 Rapid Amortization Period and on each Determination Date thereafter, the Administrator shall instruct the Trustee in writing pursuant to the Administration Agreement with respect to the related Payment Date as to (w) the amount allocated to the Series 2010-1 Notes pursuant to Section 3.2(b)(ii) of this Series Supplement and any amounts allocated from the Series 2010-1 Excess Collection Account to the Series 2010-1 Collection Account pursuant to Section 3.2(e) of this Series Supplement and/or allocated to the Series 2010-1 Collection Account pursuant to Section 3.2(d) or Section 3.3(f) of this Series Supplement, in each case, prior to such date and not previously deposited into the Series 2010-1 Distribution Account for payment to the Series 2010-1 Noteholders, as the case may be, (x) any amounts to be withdrawn from the Series 2010-1 Reserve Account and deposited into the Series 2010-1 Distribution Account pursuant to this Section 3.5, (y) any amounts to be drawn on the Series 2010-1 Letters of Credit (and/or withdrawn from the Series 2010-1 Cash Collateral Account) pursuant to this Section 3.5 and (z) the amount of any demand to be made under the Series 2010-1 Demand Note. On the Payment Date following each such Determination Date during the Series 2010-1 Rapid Amortization Period, the Trustee shall withdraw such amounts allocated to pay principal of the Series 2010-1 Notes from the Series 2010-1 Collection Account and deposit such amount together with the proceeds of any demand made on the Series 2010-1 Demand Note received during the period from but excluding the immediately preceding Payment Date to and including such Payment Date into the Series 2010-1 Distribution Account along with any other amounts deposited in the Series 2010-1 Distribution Account for the payment of principal of such Series 2010-1 Notes pursuant to Section 3.5(b) of this Series Supplement and any amounts deposited in the Series 2010-1 Distribution Account pursuant to Section 3.5(c) of this Series Supplement, in each case during the related Series 2010-1 Rapid Amortization Payment Period, which amount shall be paid pursuant to Section 3.5(d) of this Series Supplement.
Rapid Amortization Period. During the Series 1998-1 Rapid Amortization Period, the Master Servicer will direct the Trustee in writing to allocate, on each Series 1998-1 Deposit Date, all amounts deposited into the Group II Collection Account as set forth below:
Rapid Amortization Period. With respect to the Series 1999-1 Rapid Amortization Period, the Servicer will direct the Trustee in writing to allocate, prior to 12:00 noon (New York City time) on any Series 1999-1 Deposit Date, all amounts deposited into the Collection Account as set forth below:
Rapid Amortization Period. Commencing on the second Determination Date during any Series 2015-3 Controlled Amortization Period or the first Determination Date after the commencement of the Series 2015-3 Rapid Amortization Period, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement and in accordance with this Section 3.5 as to (i) the amount allocated to the Series 2015-3 Notes during the Related Month pursuant to Section 3.2(b)(ii), (c)(ii) or (d)(ii), as the case may be, and the portion of such amount, if any, that has been previously applied to make a Decrease pursuant to Section 2.5 during the Related Month, (ii) any amounts to be withdrawn from the Series 2015-3 Reserve Account and deposited into the Series 2015-3 Distribution Account or (iii) any amounts to be drawn on the Series 2015-3 Demand Notes and/or on the Multi-Series Letters of Credit (or withdrawn from the Series 2015-3 Cash Collateral Account). On the Distribution Date following each such Determination Date, the Trustee shall withdraw the amount allocated to the Series 2015-3 Notes during the Related Month pursuant to Section 3.2(b)(ii), (c)(ii) or (d)(ii), as the case may be, less the portion of such amount, if any, that has been previously applied to make a Decrease pursuant to Section 2.5 during the Related Month, from the Series 2015-3 Collection Account and deposit such amount in the Series 2015-3 Distribution Account, to be paid to the holders of the Series 2015-3 Notes in accordance with Section 3.5(e).
Rapid Amortization Period. (a) The total for each day during the Related Month of the Series 1997-1 Invested Percentage (as of each day) of the aggregate amount of Principal Collection on each day: $_______.
Rapid Amortization Period. If the Servicer determines on any Distribution Date during the Series 1999-1 Rapid Amortization Period that there exists a Series 1999-1 Lease Payment Deficit, the Servicer shall instruct the Trustee in writing to draw on the Series 1999-1 Letters of Credit and, upon receipt of such notice by the Trustee on or prior to 11:00 a.m. (New York City time) on such Distribution Date, the Trustee shall, by 12:00 noon (New York City time) on such Distribution Date draw an amount equal to the lesser of (i) such Series 1999-1 Lease Payment Deficit and (ii) the Series 1999-1 Letter of Credit Liquidity Amount on the Series 1999-1 Letters 45 45 of Credit by presenting to each Series 1999-1 Letter of Credit Provider a draft accompanied by a Certificate of Lease Deficit Demand and shall cause the Lease Deficit Disbursement to be deposited in the Series 1999-1 Collection Account such Distribution Date; provided, however that if the Series 1999-1 Cash Collateral Account has been established and funded, the Trustee shall withdraw from the Series 1999-1 Cash Collateral Account and deposit in the Series 1999-1 Collection Account an amount equal to the lesser of (x) the Series 1999-1 Cash Collateral Percentage on such Distribution Date of the Series 1999-1 Lease Payment Deficit and (y) the Series 1999-1 Available Cash Collateral Account Amount on such Distribution Date and draw an amount equal to the remainder of such amount on the Series 1999-1 Letters of Credit.
Rapid Amortization Period. Republic has joined in this Agreement to confirm certain representations, warranties and covenants made by it as Master Servicer for the benefit of the Series 1997-1 Note Purchaser and the Series 1997-1 Collateral Agent.
Rapid Amortization Period. The period which occurs upon the earlier of a ------------------------- Rapid Amortization Event or on the first day of the Collection Period immediately prior to the Distribution Date in December 2003.
