Common use of Class A Notes Clause in Contracts

Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 2011-2 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 2011-2 Distribution Account pursuant to Section 2.5(b), (c) or (d) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class A Noteholder from the Series 2011-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d), to the extent necessary to pay the Class A Controlled Amortization Amount during the Series 2011-2 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 2011-2 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

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Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 2011-2 5 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 2011-2 5 Distribution Account pursuant to Section 2.5(b), (c) or (d) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class A Noteholder from the Series 2011-2 5 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d), to the extent necessary to pay the Class A Controlled Amortization Amount during the Series 2011-2 5 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 2011-2 5 Rapid Amortization Period.

Appears in 1 contract

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

Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20112012-2 1 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20112012-2 1 Distribution Account pursuant to Section 2.5(b), (c) or (d) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class A Noteholder from the Series 20112012-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d), to the extent necessary to pay the Class A Controlled Amortization Amount during the Series 20112012-2 1 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 20112012-2 1 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 2011-2 3 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 2011-2 3 Distribution Account pursuant to Section 2.5(b), (c) or (d) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class A Noteholder from the Series 2011-2 3 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d), to the extent necessary to pay the Class A Controlled Amortization Amount during the Series 2011-2 3 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 2011-2 3 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20112012-2 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20112012-2 Distribution Account pursuant to Section 2.5(b), (c) or (d) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class A Noteholder from the Series 20112012-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d), to the extent necessary to pay the Class A Controlled Amortization Amount during the Series 20112012-2 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 20112012-2 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20112012-2 3 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20112012-2 3 Distribution Account pursuant to Section 2.5(b), (c) or (d) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class A Noteholder from the Series 20112012-2 3 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d), to the extent necessary to pay the Class A Controlled Amortization Amount during the Series 20112012-2 3 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 20112012-2 3 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20112013-2 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20112013-2 Distribution Account pursuant to Section 2.5(b), (c), (d) or (de) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class A Noteholder from the Series 20112013-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c), (d) or (de), to the extent necessary to pay the Class A Controlled Amortization Amount during the Series 20112013-2 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 20112013-2 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20112013-2 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20112013-2 Distribution Account pursuant to Section 2.5(b), (c) or (d) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class A Noteholder from the Series 20112013-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d), to the extent necessary to pay the Class A Controlled Amortization Amount during the Series 20112013-2 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 20112013-2 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 2011-2 1 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 2011-2 1 Distribution Account pursuant to Section 2.5(b), (c) or (d) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class A Noteholder from the Series 2011-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d), to the extent necessary to pay the Class A Controlled Amortization Amount during the Series 2011-2 1 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 2011-2 1 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20112013-2 1 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20112013-2 1 Distribution Account pursuant to Section 2.5(b), (c) or (d) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class A Noteholder from the Series 20112013-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d), to the extent necessary to pay the Class A Controlled Amortization Amount during the Series 20112013-2 1 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 20112013-2 1 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

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Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20112010-2 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20112010-2 Distribution Account pursuant to Section 2.5(b), (c) or (d) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class A Noteholder from the Series 20112010-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d), to the extent necessary to pay the Class A Controlled Amortization Amount during the Series 20112010-2 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 20112010-2 Rapid Amortization Period.

Appears in 1 contract

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

Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20112013-2 1 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20112013-2 1 Distribution Account pursuant to Section 2.5(b), (c), (d) or (de) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class A Noteholder from the Series 20112013-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c), (d) or (de), to the extent necessary to pay the Class A Controlled Amortization Amount during the Series 20112013-2 1 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 20112013-2 1 Rapid Amortization Period.. NEWYORK 8960494 (2K)A&R Series 2013-1 Supplement (Class C Note issuance) 49

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20112012-2 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20112012-2 Distribution Account pursuant to Section 2.5(b), (c), (d) or (de) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class A Noteholder from the Series 20112012-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c), (d) or (de), to the extent necessary to pay the Class A Controlled Amortization Amount during the Series 20112012-2 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 20112012-2 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 2011-2 5 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 2011-2 5 Distribution Account pursuant to Section 2.5(b), (c), (d) or (de) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class A Noteholder from the Series 2011-2 5 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c), (d) or (de), to the extent necessary to pay the Class A Controlled Amortization Amount during the Series 2011-2 5 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 2011-2 5 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 2011-2 3 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 2011-2 3 Distribution Account pursuant to Section 2.5(b), (c), (d) or (de) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class A Noteholder from the Series 2011-2 3 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c), (d) or (de), to the extent necessary to pay the Class A Controlled Amortization Amount during the Series 2011-2 3 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 2011-2 3 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

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