Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 2010-6 Collection Account pursuant to Section 3.5(a) or amounts are deposited in the Series 2010-6 Distribution Account pursuant to Section 3.5(c) and/or (d), the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay to the Administrative Agent for the accounts of the Purchaser Groups from the Series 2010-6 Distribution Account the amount deposited therein pursuant to Section 3.5(a), (c) and/or (d) to the extent necessary to pay the Class A Controlled Distribution Amount with respect to Related Month during the Class A Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 2010-6 Rapid Amortization Period.
Appears in 2 contracts
Sources: Sixth Amended and Restated Series 2010 6 Supplement (Avis Budget Group, Inc.), Fifth Amended and Restated Series 2010 6 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 20102015-6 3 Collection Account pursuant to Section 3.5(a) or amounts are deposited in the Series 20102015-6 3 Distribution Account pursuant to Section 3.5(c) and/or (d), the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay to the Administrative Agent for the accounts of the Purchaser Groups from the Series 20102015-6 3 Distribution Account the amount deposited therein pursuant to Section 3.5(a), (c) and/or (d) to the extent necessary to pay the Class A Controlled Distribution Amount with respect to Related Month during the Class A Series 2015-3 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 20102015-6 3 Rapid Amortization Period.
Appears in 2 contracts
Sources: Second Amended and Restated Series 2015 3 Supplement (Avis Budget Group, Inc.), Amended and Restated Series 2015 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 20102015-6 3 Collection Account pursuant to Section 3.5(a) or amounts are deposited in the Series 20102015-6 3 Distribution Account pursuant to Section 3.5(c) and/or (d), the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay to the Administrative Agent for the accounts of the Purchaser Groups from the Series 20102015-6 3 Distribution Account the amount deposited therein pursuant to Section 3.5(a), (c) and/or (d) to the extent necessary to pay the Class A Controlled Distribution Amount with respect to Related Month during the Class A Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 20102015-6 3 Rapid Amortization Period.
Appears in 2 contracts
Sources: Fourth Amended and Restated Series 2015 3 Supplement (Avis Budget Group, Inc.), Third Amended and Restated Series 2015 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 20102022-6 2 Collection Account pursuant to Section 3.5(a) or amounts are deposited in the Series 20102022-6 2 Distribution Account pursuant to Section 3.5(c) and/or (d), the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay to the Administrative Agent for the accounts of the Purchaser Groups from the Series 20102022-6 2 Distribution Account the amount deposited therein pursuant to Section 3.5(a), (c) and/or (d) to the extent necessary to pay the Class A Controlled Distribution Amount with respect to Related Month during the Class A Series 2022-2 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 20102022-6 2 Rapid Amortization Period.
Appears in 1 contract
Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 2010-6 Collection Account pursuant to Section 3.5(a) or amounts are deposited in the Series 2010-6 Distribution Account pursuant to Section 3.5(c) and/or (d), the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay to the Administrative Agent for the accounts of the Purchaser Groups from the Series 2010-6 Distribution Account the amount deposited therein pursuant to Section 3.5(a), (c) and/or (d) to the extent necessary to pay the Class A Controlled Distribution Amount with respect to Related Month during the Class A Series 2010-6 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 2010-6 Rapid Amortization Period.
Appears in 1 contract
Sources: Third Amended and Restated Series 2010 6 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 20102023-6 3 Collection Account pursuant to Section 3.5(a2.5(a) or amounts are deposited in the Series 20102023-6 3 Distribution Account pursuant to Section 3.5(c2.3(f)(ii), 2.5(b), (c) and/or or (d), ) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to the Administrative Agent for the accounts of the Purchaser Groups each Class A Noteholder from the Series 20102023-6 3 Distribution Account the amount deposited therein pursuant to Section 3.5(a2.5(a), (b), (c) and/or or (d) ), to the extent necessary to pay the Class A Controlled Distribution Amount with respect to Related Month during the Class A Series 2023-3 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 20102023-6 3 Rapid Amortization Period.
Appears in 1 contract
Sources: Amended and Restated Series 2023 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 20102013-6 2 Collection Account pursuant to Section 3.5(a2.5(a) or amounts are deposited in the Series 20102013-6 2 Distribution Account pursuant to Section 3.5(c) and/or 2.5(b), (c), (d), ) or (e) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to the Administrative Agent for the accounts of the Purchaser Groups each Class A Noteholder from the Series 20102013-6 2 Distribution Account the amount deposited therein pursuant to Section 3.5(a2.5(a), (b), (c) and/or ), (d) or (e), to the extent necessary to pay the Class A Controlled Distribution Amortization Amount with respect to Related Month during the Class A Series 2013-2 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 20102013-6 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 20102011-6 5 Collection Account pursuant to Section 3.5(a2.5(a) or amounts are deposited in the Series 20102011-6 5 Distribution Account pursuant to Section 3.5(c) and/or 2.5(b), (c), (d), ) or (e) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to the Administrative Agent for the accounts of the Purchaser Groups each Class A Noteholder from the Series 20102011-6 5 Distribution Account the amount deposited therein pursuant to Section 3.5(a2.5(a), (b), (c) and/or ), (d) or (e), to the extent necessary to pay the Class A Controlled Distribution Amortization Amount with respect to Related Month during the Class A Series 2011-5 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 20102011-6 5 Rapid Amortization Period.
Appears in 1 contract
Sources: Amended and Restated Series 2011 5 Supplement (Avis Budget Group, Inc.)