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 2012-3 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 2012-3 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 2012-3 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 2012-3 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 2012-3 Rapid Amortization Period.

Appears in 1 contract

Sources: Series Supplement (Avis Budget Group, Inc.)

Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20122013-3 1 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20122013-3 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 20122013-3 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 20122013-3 1 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 20122013-3 1 Rapid Amortization Period.

Appears in 1 contract

Sources: Series Supplement (Avis Budget Group, Inc.)

Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 2012-3 2 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 2012-3 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 2012-3 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 2012-3 2 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 2012-3 2 Rapid Amortization Period.

Appears in 1 contract

Sources: Amended and Restated Series 2012 2 Supplement (Avis Budget Group, Inc.)

Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20122011-3 1 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20122011-3 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 20122011-3 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 20122011-3 1 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 20122011-3 1 Rapid Amortization Period.

Appears in 1 contract

Sources: Series Supplement (Avis Budget Group, Inc.)

Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20122011-3 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20122011-3 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 20122011-3 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 20122011-3 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 20122011-3 Rapid Amortization Period.

Appears in 1 contract

Sources: Series Supplement (Avis Budget Group, Inc.)

Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20122011-3 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20122011-3 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 20122011-3 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 20122011-3 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 20122011-3 Rapid Amortization Period.

Appears in 1 contract

Sources: Amended and Restated Series 2011 3 Supplement (Avis Budget Group, Inc.)

Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20122011-3 5 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20122011-3 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 20122011-3 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 20122011-3 5 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 20122011-3 5 Rapid Amortization Period.

Appears in 1 contract

Sources: Series Supplement (Avis Budget Group, Inc.)

Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20122013-3 2 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20122013-3 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 20122013-3 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 20122013-3 2 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 20122013-3 2 Rapid Amortization Period.

Appears in 1 contract

Sources: Amended and Restated Series 2013 2 Supplement (Avis Budget Group, Inc.)

Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20122010-3 4 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20122010-3 4 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 20122010-3 4 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 20122010-3 4 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 20122010-3 4 Rapid Amortization Period.

Appears in 1 contract

Sources: Series Supplement (Avis Budget Group, Inc.)

Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 2012-3 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 2012-3 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 2012-3 Distribution Account the amount NEWYORK 8960493 (2K)A&R Series 2012-3 Supplement (Class C Note issuance) 49 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 2012-3 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 2012-3 Rapid Amortization Period.

Appears in 1 contract

Sources: Amended and Restated Series 2012 3 Supplement (Avis Budget Group, Inc.)

Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20122011-3 5 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20122011-3 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 20122011-3 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 20122011-3 5 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 20122011-3 5 Rapid Amortization Period.

Appears in 1 contract

Sources: Amended and Restated Series 2011 5 Supplement (Avis Budget Group, Inc.)

Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20122013-3 2 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20122013-3 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 20122013-3 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 20122013-3 2 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 20122013-3 2 Rapid Amortization Period.

Appears in 1 contract

Sources: Series Supplement (Avis Budget Group, Inc.)

Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 2012-3 2 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 2012-3 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 2012-3 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 2012-3 2 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 2012-3 2 Rapid Amortization Period.

Appears in 1 contract

Sources: Series Supplement (Avis Budget Group, Inc.)

Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20122013-3 1 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20122013-3 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 20122013-3 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 20122013-3 1 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 20122013-3 1 Rapid Amortization Period.. NEWYORK 8960494 (2K)A&R Series 2013-1 Supplement (Class C Note issuance) 49

Appears in 1 contract

Sources: Amended and Restated Series 2013 1 Supplement (Avis Budget Group, Inc.)

Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20122010-3 5 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20122010-3 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 20122010-3 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 20122010-3 5 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 20122010-3 5 Rapid Amortization Period.

Appears in 1 contract

Sources: Series Supplement (Avis Budget Group, Inc.)

Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 2012-3 1 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 2012-3 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 2012-3 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 2012-3 1 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 2012-3 1 Rapid Amortization Period.

Appears in 1 contract

Sources: Series Supplement (Avis Budget Group, Inc.)

Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20122010-3 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20122010-3 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 20122010-3 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 20122010-3 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 20122010-3 Rapid Amortization Period.

Appears in 1 contract

Sources: Series Supplement (Avis Budget Group, Inc.)

Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20122010-3 2 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20122010-3 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 20122010-3 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 20122010-3 2 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 20122010-3 2 Rapid Amortization Period.

Appears in 1 contract

Sources: Series Supplement (Avis Budget Group, Inc.)

Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20122011-3 2 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20122011-3 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 20122011-3 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 20122011-3 2 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 20122011-3 2 Rapid Amortization Period.

Appears in 1 contract

Sources: Series Supplement (Avis Budget Group, Inc.)