Common use of Class D Principal Deficit Amount Clause in Contracts

Class D Principal Deficit Amount. On each Distribution Date, other than the Series 2018-1 Final Distribution Date, on which the Class A Notes, Class B Notes and Class C Notes will have been paid in full and the Class D Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 2018-1 Distribution Account as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

AutoNDA by SimpleDocs

Class D Principal Deficit Amount. On each Distribution Date, other than the Series 20182019-1 2 Final Distribution Date, on which the Class A Notes, Class B Notes and Class C Notes will have been paid in full and the Class D Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20182019-1 2 Distribution Account as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class D Principal Deficit Amount. On each Distribution Date, other than the Series 20182020-1 Final Distribution Date, on which the Class A Notes, Class B Notes and Class C Notes will have been paid in full and the Class D Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20182020-1 Distribution Account as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class D Principal Deficit Amount. On each Distribution Date, other than the Series 2018-1 2 Final Distribution Date, on which the Class A Notes, Class B Notes and Class C Notes will have been paid in full and the Class D Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 2018-1 2 Distribution Account as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

AutoNDA by SimpleDocs

Class D Principal Deficit Amount. On each Distribution Date, other than the Series 20182019-1 3 Final Distribution Date, on which the Class A Notes, Class B Notes and Class C Notes will have been paid in full and the Class D Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20182019-1 3 Distribution Account as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class D Principal Deficit Amount. On each Distribution Date, other than the Series 20182017-1 2 Final Distribution Date, on which the Class A Notes, Class B Notes and Class C Notes will have been paid in full and the Class D Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20182017-1 2 Distribution Account as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

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