Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 2015-3 Collection Account pursuant to Section 3.5(a) or amounts are deposited in the Series 2015-3 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 2015-3 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 Series 2015-3 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 2015-3 Rapid Amortization Period.
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Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 2015-3 Collection Account pursuant to Section 3.5(a) or amounts are deposited in the Series 2015-3 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 2015-3 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 Series 2015-3 Class A Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 2015-3 Rapid Amortization Period.
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Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20152010-3 6 Collection Account pursuant to Section 3.5(a) or amounts are deposited in the Series 20152010-3 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 20152010-3 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 Series 2015-3 Class A Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 20152010-3 6 Rapid Amortization Period.
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Class A Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20152022-3 2 Collection Account pursuant to Section 3.5(a) or amounts are deposited in the Series 20152022-3 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 20152022-3 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 Series 20152022-3 2 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 20152022-3 2 Rapid Amortization Period.
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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 20152010-3 6 Collection Account pursuant to Section 3.5(a) or amounts are deposited in the Series 20152010-3 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 20152010-3 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 Series 20152010-3 6 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 20152010-3 6 Rapid Amortization Period.
Appears in 1 contract
Samples: Avis Budget Group, Inc.