Common use of BALANCE Clause in Contracts

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 2003-3 Accrued Interest Account and the Series 2003-3 Distribution Account, plus the amount, if any, drawn under the Series 2003-3 Letters of Credit and/or withdrawn from the Series 2003-3 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 2003-3 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 2 contracts

Samples: Avis Group Holdings Inc, Avis Group Holdings Inc

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BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 2003-3 5 Accrued Interest Account and the Series 2003-3 5 Distribution Account, plus the amount, if any, drawn under the Series 2003-3 5 Letters of Credit and/or withdrawn from the Series 2003-3 5 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 2003-3 5 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 2 contracts

Samples: Avis Group Holdings Inc, Cendant Corp

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032005-3 2 Accrued Interest Account and the Series 20032005-3 2 Distribution Account, plus the amount, if any, drawn under the Series 20032005-3 2 Letters of Credit and/or withdrawn from the Series 20032005-3 2 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032005-3 2 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 2 contracts

Samples: Avis Budget Group, Inc., Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032018-3 2 Accrued Interest Account and the Series 20032018-3 2 Distribution Account, plus the amount, if any, drawn under the Series 20032018-3 2 Letters of Credit and/or withdrawn from the Series 20032018-3 2 Cash Collateral Account Accounts pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032018-3 2 Reserve Account Accounts pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032022-3 1 Accrued Interest Account and the Series 20032022-3 1 Distribution Account, plus the amount, if any, drawn under the Multi-Series 2003-3 Letters of Credit and/or withdrawn from the Series 20032022-3 1 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032022-3 1 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032012-3 1 Accrued Interest Account and the Series 20032012-3 1 Distribution Account, plus the amount, if any, drawn under the Series 20032012-3 1 Letters of Credit and/or withdrawn from the Series 20032012-3 1 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032012-3 1 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032015-3 1 Accrued Interest Account and the Series 20032015-3 1 Distribution Account, plus the amount, if any, drawn under the Series 20032015-3 1 Letters of Credit and/or withdrawn from the Series 20032015-3 1 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032015-3 1 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032017-3 2 Accrued Interest Account and the Series 20032017-3 2 Distribution Account, plus the amount, if any, drawn under the Series 20032017-3 2 Letters of Credit and/or withdrawn from the Series 20032017-3 2 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032017-3 2 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032010-3 4 Accrued Interest Account and the Series 20032010-3 4 Distribution Account, plus the amount, if any, drawn under the Series 20032010-3 4 Letters of Credit and/or withdrawn from the Series 20032010-3 4 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032010-3 4 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032011-3 1 Accrued Interest Account and the Series 20032011-3 1 Distribution Account, plus the amount, if any, drawn under the Series 20032011-3 1 Letters of Credit and/or withdrawn from the Series 20032011-3 1 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032011-3 1 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032009-3 2 Accrued Interest Account and the Series 20032009-3 2 Distribution Account, plus the amount, if any, drawn under the Series 20032009-3 2 Letters of Credit and/or withdrawn from the Series 20032009-3 2 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032009-3 2 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032017-3 1 Accrued Interest Account and the Series 20032017-3 1 Distribution Account, plus the amount, if any, drawn under the Series 20032017-3 1 Letters of Credit and/or withdrawn from the Series 20032017-3 1 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032017-3 1 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032011-3 5 Accrued Interest Account and the Series 20032011-3 5 Distribution Account, plus the amount, if any, drawn under the Series 20032011-3 5 Letters of Credit and/or withdrawn from the Series 20032011-3 5 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032011-3 5 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Rental (Avis Budget Group, Inc.)

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032023-3 5 Accrued Interest Account and the Series 20032023-3 5 Distribution Account, plus the amount, if any, drawn under the Multi-Series 2003-3 Letters of Credit and/or withdrawn from the Series 20032023-3 5 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032023-3 5 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032014-3 1 Accrued Interest Account and the Series 20032014-3 1 Distribution Account, plus the amount, if any, drawn under the Series 20032014-3 1 Letters of Credit and/or withdrawn from the Series 20032014-3 1 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032014-3 1 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032004-3 2 Accrued Interest Account and the Series 20032004-3 2 Distribution Account, plus the amount, if any, drawn under the Series 20032004-3 2 Letters of Credit and/or withdrawn from the Series 20032004-3 2 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032004-3 2 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Cendant Corp

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032023-3 Accrued Interest Account and the Series 20032023-3 Distribution Account, plus the amount, if any, drawn under the Multi-Series 2003-3 Letters of Credit and/or withdrawn from the Series 20032023-3 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032023-3 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032019-3 Accrued Interest Account and the Series 20032019-3 Distribution Account, plus the amount, if any, drawn under the Series 20032019-3 Letters of Credit and/or withdrawn from the Series 20032019-3 Cash Collateral Account Accounts pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032019-3 Reserve Account Accounts pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032011-3 2 Accrued Interest Account and the Series 20032011-3 2 Distribution Account, plus the amount, if any, drawn under the Series 20032011-3 2 Letters of Credit and/or withdrawn from the Series 20032011-3 2 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032011-3 2 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032009-3 1 Accrued Interest Account and the Series 20032009-3 1 Distribution Account, plus the amount, if any, drawn under the Series 20032009-3 1 Letters of Credit and/or withdrawn from the Series 20032009-3 1 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032009-3 1 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032010-3 5 Accrued Interest Account and the Series 20032010-3 5 Distribution Account, plus the amount, if any, drawn under the Series 20032010-3 5 Letters of Credit and/or withdrawn from the Series 20032010-3 5 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032010-3 5 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 2003-3 4 Accrued Interest Account and the Series 2003-3 4 Distribution Account, plus the amount, if any, drawn under the Series 2003-3 4 Letters of Credit and/or withdrawn from the Series 2003-3 4 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 2003-3 4 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Group Holdings Inc

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032013-3 2 Accrued Interest Account and the Series 20032013-3 2 Distribution Account, plus the amount, if any, drawn under the Series 20032013-3 2 Letters of Credit and/or withdrawn from the Series 20032013-3 2 Cash Collateral Account Accounts pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032013-3 2 Reserve Account Accounts pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032012-3 2 Accrued Interest Account and the Series 20032012-3 2 Distribution Account, plus the amount, if any, drawn under the Series 20032012-3 2 Letters of Credit and/or withdrawn from the Series 20032012-3 2 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032012-3 2 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032013-3 1 Accrued Interest Account and the Series 20032013-3 1 Distribution Account, plus the amount, if any, drawn under the Series 20032013-3 1 Letters of Credit and/or withdrawn from the Series 20032013-3 1 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032013-3 1 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032011-3 Accrued Interest Account and the Series 20032011-3 Distribution Account, plus the amount, if any, drawn under the Series 20032011-3 Letters of Credit and/or withdrawn from the Series 20032011-3 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032011-3 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032013-3 1 Accrued Interest Account and the Series 20032013-3 1 Distribution Account, plus the amount, if any, drawn under the Series 20032013-3 1 Letters of Credit and/or withdrawn from the Series 20032013-3 1 Cash Collateral Account Accounts pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032013-3 1 Reserve Account Accounts pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032010-3 Accrued Interest Account and the Series 20032010-3 Distribution Account, plus the amount, if any, drawn under the Series 20032010-3 Letters of Credit and/or withdrawn from the Series 20032010-3 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032010-3 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032019-3 2 Accrued Interest Account and the Series 20032019-3 2 Distribution Account, plus the amount, if any, drawn under the Series 20032019-3 2 Letters of Credit and/or withdrawn from the Series 20032019-3 2 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032019-3 2 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 2003-3 4 Accrued Interest Account and the Series 2003-3 4 Distribution Account, plus PLUS the amount, if any, drawn under the Series 2003-3 4 Letters of Credit and/or withdrawn from the Series 2003-3 4 Cash Collateral Account pursuant to Section 2.3(c) plus PLUS the amount, if any, withdrawn from the Series 2003-3 4 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Group Holdings Inc

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032023-3 7 Accrued Interest Account and the Series 20032023-3 7 Distribution Account, plus the amount, if any, drawn under the Multi-Series 2003-3 Letters of Credit and/or withdrawn from the Series 20032023-3 7 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032023-3 7 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032017-3 2 Accrued Interest Account and the Series 20032017-3 2 Distribution Account, plus the amount, if any, drawn under the Series 20032017-3 2 Letters of Credit and/or withdrawn from the Series 20032017-3 2 Cash Collateral Account Accounts pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032017-3 2 Reserve Account Accounts pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032019-3 Accrued Interest Account and the Series 20032019-3 Distribution Account, plus the amount, if any, drawn under the Series 20032019-3 Letters of Credit and/or withdrawn from the Series 20032019-3 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032019-3 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032006-3 1 Accrued Interest Account and the Series 20032006-3 1 Distribution Account, plus the amount, if any, drawn under the Series 20032006-3 1 Letters of Credit and/or withdrawn from the Series 20032006-3 1 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032006-3 1 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Cendant Corp

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032023-3 4 Accrued Interest Account and the Series 20032023-3 4 Distribution Account, plus the amount, if any, drawn under the Multi-Series 2003-3 Letters of Credit and/or withdrawn from the Series 20032023-3 4 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032023-3 4 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032019-3 1 Accrued Interest Account and the Series 20032019-3 1 Distribution Account, plus the amount, if any, drawn under the Series 20032019-3 1 Letters of Credit and/or withdrawn from the Series 20032019-3 1 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032019-3 1 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032012-3 Accrued Interest Account and the Series 20032012-3 Distribution Account, plus the amount, if any, drawn under the Series 20032012-3 Letters of Credit and/or withdrawn from the Series 20032012-3 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032012-3 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032020-3 2 Accrued Interest Account and the Series 20032020-3 2 Distribution Account, plus the amount, if any, drawn under the Series 20032020-3 2 Letters of Credit and/or withdrawn from the Series 20032020-3 2 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032020-3 2 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.42.3(a) of this Supplement), if any, of the amounts available from the Series 20032002-3 1 Accrued Interest Account and the Series 2003-3 Distribution Account, plus the amount, if any, drawn under the Series 20032002-3 1 Letters of Credit and/or withdrawn from the Series 20032002-3 1 Cash Collateral Account pursuant to Section 2.3(c) of this Supplement plus the amount, if any, withdrawn from the Series 20032002-3 1 Reserve Account pursuant to Section 2.3(d) of this Supplement as follows:

Appears in 1 contract

Samples: Avis Group Holdings Inc

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032014-3 2 Accrued Interest Account and the Series 20032014-3 2 Distribution Account, plus the amount, if any, drawn under the Series 20032014-3 2 Letters of Credit and/or withdrawn from the Series 20032014-3 2 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032014-3 2 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

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BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032020-3 1 Accrued Interest Account and the Series 20032020-3 1 Distribution Account, plus the amount, if any, drawn under the Series 20032020-3 1 Letters of Credit and/or withdrawn from the Series 20032020-3 1 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032020-3 1 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032018-3 1 Accrued Interest Account and the Series 20032018-3 1 Distribution Account, plus the amount, if any, drawn under the Series 20032018-3 1 Letters of Credit and/or withdrawn from the Series 20032018-3 1 Cash Collateral Account Accounts pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032018-3 1 Reserve Account Accounts pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032018-3 1 Accrued Interest Account and the Series 20032018-3 1 Distribution Account, plus the amount, if any, drawn under the Series 20032018-3 1 Letters of Credit and/or withdrawn from the Series 20032018-3 1 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032018-3 1 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032011-3 Accrued Interest Account and the Series 20032011-3 Distribution Account, plus the amount, if any, drawn under the Series 20032011-3 Letters of Credit and/or withdrawn from the Series 20032011-3 Cash Collateral Account Accounts pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032011-3 Reserve Account Accounts pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032021-3 1 Accrued Interest Account and the Series 20032021-3 1 Distribution Account, plus the amount, if any, drawn under the Multi-Series 2003-3 Letters of Credit and/or withdrawn from the Series 20032021-3 1 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032021-3 1 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032012-3 2 Accrued Interest Account and the Series 20032012-3 2 Distribution Account, plus the amount, if any, drawn under the Series 20032012-3 2 Letters of Credit and/or withdrawn from the Series 20032012-3 2 Cash Collateral Account Accounts pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032012-3 2 Reserve Account Accounts pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032013-3 2 Accrued Interest Account and the Series 20032013-3 2 Distribution Account, plus the amount, if any, drawn under the Series 20032013-3 2 Letters of Credit and/or withdrawn from the Series 20032013-3 2 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032013-3 2 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032019-3 2 Accrued Interest Account and the Series 20032019-3 2 Distribution Account, plus the amount, if any, drawn under the Series 20032019-3 2 Letters of Credit and/or withdrawn from the Series 20032019-3 2 Cash Collateral Account Accounts pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032019-3 2 Reserve Account Accounts pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032010-3 2 Accrued Interest Account and the Series 20032010-3 2 Distribution Account, plus the amount, if any, drawn under the Series 20032010-3 2 Letters of Credit and/or withdrawn from the Series 20032010-3 2 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032010-3 2 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget (Avis Budget Group, Inc.)

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032023-3 8 Accrued Interest Account and the Series 20032023-3 8 Distribution Account, plus the amount, if any, drawn under the Multi-Series 2003-3 Letters of Credit and/or withdrawn from the Series 20032023-3 8 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032023-3 8 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032011-3 5 Accrued Interest Account and the Series 20032011-3 5 Distribution Account, plus the amount, if any, drawn under the Series 20032011-3 5 Letters of Credit and/or withdrawn from the Series 20032011-3 5 Cash Collateral Account Accounts pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032011-3 5 Reserve Account Accounts pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.42.3(a), if any, of the amounts available from the Series 2003-3 2 Accrued Interest Account and the Series 2003-3 Distribution Account, plus the amount, if any, drawn under the Series 2003-3 2 Letters of Credit and/or withdrawn from the Series 2003-3 2 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 2003-3 2 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Group Holdings Inc

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032015-3 2 Accrued Interest Account and the Series 20032015-3 2 Distribution Account, plus the amount, if any, drawn under the Series 20032015-3 2 Letters of Credit and/or withdrawn from the Series 20032015-3 2 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032015-3 2 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032012-3 Accrued Interest Account and the Series 20032012-3 Distribution Account, plus the amount, if any, drawn under the Series 20032012-3 Letters of Credit and/or withdrawn from the Series 20032012-3 Cash Collateral Account Accounts pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032012-3 Reserve Account Accounts pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032024-3 1 Accrued Interest Account and the Series 20032024-3 1 Distribution Account, plus the amount, if any, drawn under the Multi-Series 2003-3 Letters of Credit and/or withdrawn from the Series 20032024-3 1 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032024-3 1 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032018-3 2 Accrued Interest Account and the Series 20032018-3 2 Distribution Account, plus the amount, if any, drawn under the Series 20032018-3 2 Letters of Credit and/or withdrawn from the Series 20032018-3 2 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032018-3 2 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032023-3 2 Accrued Interest Account and the Series 20032023-3 2 Distribution Account, plus the amount, if any, drawn under the Multi-Series 2003-3 Letters of Credit and/or withdrawn from the Series 20032023-3 2 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032023-3 2 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032005-3 4 Accrued Interest CONFORMED COPY Account and the Series 20032005-3 4 Distribution Account, plus the amount, if any, drawn under the Series 20032005-3 4 Letters of Credit and/or withdrawn from the Series 20032005-3 4 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032005-3 4 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Cendant Corp

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032020-3 1 Accrued Interest Account and the Series 20032020-3 1 Distribution Account, plus the amount, if any, drawn under the Series 20032020-3 1 Letters of Credit and/or withdrawn from the Series 20032020-3 1 Cash Collateral Account Accounts pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032020-3 1 Reserve Account Accounts pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032023-3 6 Accrued Interest Account and the Series 20032023-3 6 Distribution Account, plus the amount, if any, drawn under the Multi-Series 2003-3 Letters of Credit and/or withdrawn from the Series 20032023-3 6 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032023-3 6 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032021-3 2 Accrued Interest Account and the Series 20032021-3 2 Distribution Account, plus the amount, if any, drawn under the Multi-Series 2003-3 Letters of Credit and/or withdrawn from the Series 20032021-3 2 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032021-3 2 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032005-3 1 Accrued Interest Account and the Series 20032005-3 1 Distribution Account, plus the amount, if any, drawn under the Series 20032005-3 1 Letters of Credit and/or withdrawn from the Series 20032005-3 1 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032005-3 1 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Cendant Corp

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032023-3 1 Accrued Interest Account and the Series 20032023-3 1 Distribution Account, plus the amount, if any, drawn under the Multi-Series 2003-3 Letters of Credit and/or withdrawn from the Series 20032023-3 1 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032023-3 1 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032022-3 5 Accrued Interest Account and the Series 20032022-3 5 Distribution Account, plus the amount, if any, drawn under the Multi-Series 2003-3 Letters of Credit and/or withdrawn from the Series 20032022-3 5 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032022-3 5 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20032007-3 2 Accrued Interest Account and the Series 20032007-3 2 Distribution Account, plus the amount, if any, drawn under the Series 20032007-3 2 Letters of Credit and/or withdrawn from the Series 20032007-3 2 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20032007-3 2 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

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