Common use of Class C Notes Clause in Contracts

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 2017-2 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 2017-2 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 C Noteholder from the Series 2017-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i) and Section 2.5(f)(ii), to the extent necessary to pay the Class C Controlled Distribution Amount during the Series 2017-2 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 2017-2 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

AutoNDA by SimpleDocs

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172020-2 1 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172020-2 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 C Noteholder from the Series 20172020-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i) and Section 2.5(f)(ii), to the extent necessary to pay the Class C Controlled Distribution Amount during the Series 20172020-2 1 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172020-2 1 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172018-2 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172018-2 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 C Noteholder from the Series 20172018-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i) and Section 2.5(f)(ii), to the extent necessary to pay the Class C Controlled Distribution Amount during the Series 20172018-2 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172018-2 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172023-2 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172023-2 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 C Noteholder from the Series 20172023-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i) and Section 2.5(f)(ii2.5(e)(ii), to the extent necessary to pay the Class C Controlled Distribution Amount during the Series 20172023-2 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172023-2 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172013-2 1 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172013-2 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 C Noteholder from the Series 20172013-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c), (d) or (de) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i) and Section 2.5(f)(ii), to the extent necessary to pay the Class C Controlled Distribution Amortization Amount during the Series 20172013-2 1 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172013-2 1 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172015-2 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172015-2 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 C Noteholder from the Series 20172015-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i) and Section 2.5(f)(ii2.5(e)(ii), to the extent necessary to pay the Class C Controlled Distribution Amount during the Series 20172015-2 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172015-2 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172012-2 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172012-2 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 C Noteholder from the Series 20172012-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c), (d) or (de) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i) and Section 2.5(f)(ii), to the extent necessary to pay the Class C Controlled Distribution Amortization Amount during the Series 20172012-2 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172012-2 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172021-2 1 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172021-2 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 C Noteholder from the Series 20172021-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i) and Section 2.5(f)(ii2.5(e)(ii), to the extent necessary to pay the Class C Controlled Distribution Amount during the Series 20172021-2 1 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172021-2 1 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172019-2 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172019-2 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 C Noteholder from the Series 20172019-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i) and Section 2.5(f)(ii2.5(e)(ii), to the extent necessary to pay the Class C Controlled Distribution Amount during the Series 20172019-2 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172019-2 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172021-2 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172021-2 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 C Noteholder from the Series 20172021-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i) and Section 2.5(f)(ii2.5(e)(ii), to the extent necessary to pay the Class C Controlled Distribution Amount during the Series 20172021-2 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172021-2 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172023-2 3 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172023-2 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 C Noteholder from the Series 20172023-2 3 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i) and Section 2.5(f)(ii2.5(e)(ii), to the extent necessary to pay the Class C Controlled Distribution Amount during the Series 20172023-2 3 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172023-2 3 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 2017-2 1 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 2017-2 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 C Noteholder from the Series 2017-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i) and Section 2.5(f)(ii2.5(e)(ii), to the extent necessary to pay the Class C Controlled Distribution Amount during the Series 2017-2 1 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 2017-2 1 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172020-2 1 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172020-2 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 C Noteholder from the Series 20172020-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i) and Section 2.5(f)(ii2.5(e)(ii), to the extent necessary to pay the Class C Controlled Distribution Amount during the Series 20172020-2 1 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172020-2 1 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172023-2 4 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172023-2 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 C Noteholder from the Series 20172023-2 4 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i) and Section 2.5(f)(ii2.5(e)(ii), to the extent necessary to pay the Class C Controlled Distribution Amount during the Series 20172023-2 4 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172023-2 4 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172012-2 3 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172012-2 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 C Noteholder from the Series 20172012-2 3 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c), (d) or (de) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i) and Section 2.5(f)(ii), to the extent necessary to pay the Class C Controlled Distribution Amortization Amount during the Series 20172012-2 3 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172012-2 3 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172019-2 3 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172019-2 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 C Noteholder from the Series 20172019-2 3 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i) and Section 2.5(f)(ii), to the extent necessary to pay the Class C Controlled Distribution Amount during the Series 20172019-2 3 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172019-2 3 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172014-2 1 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172014-2 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 C Noteholder from the Series 20172014-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i) and Section 2.5(f)(ii2.5(e)(ii), to the extent necessary to pay the Class C Controlled Distribution Amount during the Series 20172014-2 1 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172014-2 1 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172018-2 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172018-2 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 C Noteholder from the Series 20172018-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i) and Section 2.5(f)(ii2.5(e)(ii), to the extent necessary to pay the Class C Controlled Distribution Amount during the Series 20172018-2 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172018-2 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172015-2 1 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172015-2 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 C Noteholder from the Series 20172015-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i) and Section 2.5(f)(ii2.5(e)(ii), to the extent necessary to pay the Class C Controlled Distribution Amount during the Series 20172015-2 1 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172015-2 1 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172016-2 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172016-2 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 C Noteholder from the Series 20172016-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i) and Section 2.5(f)(ii2.5(e)(ii), to the extent necessary to pay the Class C Controlled Distribution Amount during the Series 20172016-2 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172016-2 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172023-2 5 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172023-2 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 C Noteholder from the Series 20172023-2 5 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i) and Section 2.5(f)(ii2.5(e)(ii), to the extent necessary to pay the Class C Controlled Distribution Amount during the Series 20172023-2 5 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172023-2 5 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172010-2 5 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172010-2 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 C Noteholder from the Series 20172010-2 5 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i) and Section 2.5(f)(ii2.5(e)(ii), to the extent necessary to pay the Class C Controlled Distribution Amortization Amount during the Series 20172010-2 5 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172010-2 5 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172016-2 1 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172016-2 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 C Noteholder from the Series 20172016-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i) and Section 2.5(f)(ii2.5(e)(ii), to the extent necessary to pay the Class C Controlled Distribution Amount during the Series 20172016-2 1 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172016-2 1 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172010-2 4 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172010-2 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 C Noteholder from the Series 20172010-2 4 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i) and Section 2.5(f)(ii2.5(e)(ii), to the extent necessary to pay the Class C Controlled Distribution Amortization Amount during the Series 20172010-2 4 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172010-2 4 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172018-2 1 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172018-2 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 C Noteholder from the Series 20172018-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i) and Section 2.5(f)(ii2.5(e)(ii), to the extent necessary to pay the Class C Controlled Distribution Amount during the Series 20172018-2 1 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172018-2 1 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

AutoNDA by SimpleDocs

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172018-2 1 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172018-2 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 C Noteholder from the Series 20172018-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i) and Section 2.5(f)(ii), to the extent necessary to pay the Class C Controlled Distribution Amount during the Series 20172018-2 1 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172018-2 1 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172023-2 8 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172023-2 8 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 C Noteholder from the Series 20172023-2 8 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i) and Section 2.5(f)(ii2.5(e)(ii), to the extent necessary to pay the Class C Controlled Distribution Amount during the Series 20172023-2 8 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172023-2 8 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172011-2 5 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172011-2 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 C Noteholder from the Series 20172011-2 5 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c), (d) or (de) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i) and Section 2.5(f)(ii), to the extent necessary to pay the Class C Controlled Distribution Amortization Amount during the Series 20172011-2 5 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172011-2 5 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172013-2 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172013-2 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 C Noteholder from the Series 20172013-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c), (d) or (de) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i) and Section 2.5(f)(ii), to the extent necessary to pay the Class C Controlled Distribution Amortization Amount during the Series 20172013-2 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172013-2 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172019-2 1 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172019-2 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 C Noteholder from the Series 20172019-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i) and Section 2.5(f)(ii2.5(e)(ii), to the extent necessary to pay the Class C Controlled Distribution Amount during the Series 20172019-2 1 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172019-2 1 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 2017-2 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 2017-2 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 C Noteholder from the Series 2017-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i) and Section 2.5(f)(ii2.5(e)(ii), to the extent necessary to pay the Class C Controlled Distribution Amount during the Series 2017-2 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 2017-2 Rapid Amortization Period.. AMERICAS 93983148 (2K) 40

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172019-2 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172019-2 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 C Noteholder from the Series 20172019-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i) and Section 2.5(f)(ii), to the extent necessary to pay the Class C Controlled Distribution Amount during the Series 20172019-2 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172019-2 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172024-2 1 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172024-2 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 C Noteholder from the Series 20172024-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i) and Section 2.5(f)(ii2.5(e)(ii), to the extent necessary to pay the Class C Controlled Distribution Amount during the Series 20172024-2 1 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172024-2 1 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172023-2 7 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172023-2 7 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 C Noteholder from the Series 20172023-2 7 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i) and Section 2.5(f)(ii2.5(e)(ii), to the extent necessary to pay the Class C Controlled Distribution Amount during the Series 20172023-2 7 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172023-2 7 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172019-2 3 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172019-2 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 C Noteholder from the Series 20172019-2 3 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i) and Section 2.5(f)(ii2.5(e)(ii), to the extent necessary to pay the Class C Controlled Distribution Amount during the Series 20172019-2 3 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172019-2 3 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172023-2 1 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172023-2 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 C Noteholder from the Series 20172023-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i) and Section 2.5(f)(ii2.5(e)(ii), to the extent necessary to pay the Class C Controlled Distribution Amount during the Series 20172023-2 1 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172023-2 1 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172011-2 3 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172011-2 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 C Noteholder from the Series 20172011-2 3 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c), (d) or (de) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i) and Section 2.5(f)(ii), to the extent necessary to pay the Class C Controlled Distribution Amortization Amount during the Series 20172011-2 3 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172011-2 3 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172022-2 1 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172022-2 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 C Noteholder from the Series 20172022-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i) and Section 2.5(f)(ii2.5(e)(ii), to the extent necessary to pay the Class C Controlled Distribution Amount during the Series 20172022-2 1 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172022-2 1 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172023-2 6 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172023-2 6 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 C Noteholder from the Series 20172023-2 6 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i) and Section 2.5(f)(ii2.5(e)(ii), to the extent necessary to pay the Class C Controlled Distribution Amount during the Series 20172023-2 6 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172023-2 6 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20172022-2 5 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 20172022-2 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 C Noteholder from the Series 20172022-2 5 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i) and Section 2.5(f)(ii2.5(e)(ii), to the extent necessary to pay the Class C Controlled Distribution Amount during the Series 20172022-2 5 Controlled Amortization Period or to the extent necessary to pay the Class C Invested Amount during the Series 20172022-2 5 Rapid Amortization Period.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Time is Money Join Law Insider Premium to draft better contracts faster.