Common use of Collections; Allocation Clause in Contracts

Collections; Allocation. Subject to the Past Due Rental Payments Priorities, on each Series 2022-3 Deposit Date, HVF III shall direct the Trustee in writing to apply, and, on such Series 2022-3 Deposit Date, the Trustee shall apply, all amounts deposited into the Collection Account on such date as follows: (a) first, withdraw the Series 2022-3 Daily Interest Allocation, if any, for such date from the Collection Account and deposit such amount in the Series 2022-3 Interest Collection Account; and (b) second, withdraw the Series 2022-3 Daily Principal Allocation, if any, for such date from the Collection Account and deposit such amount into the Series 2022-3 Principal Collection Account.

Appears in 2 contracts

Sources: Amended and Restated Series Supplement (Hertz Corp), Supplement to Base Indenture (Hertz Corp)

Collections; Allocation. Subject to the Past Due Rental Payments Priorities, on each Series 2022-3 2 Deposit Date, HVF III shall direct the Trustee in writing to apply, and, on such Series 2022-3 2 Deposit Date, the Trustee shall apply, all amounts deposited into the Collection Account on such date as follows: (a) first, withdraw the Series 2022-3 2 Daily Interest Allocation, if any, for such date from the Collection Account and deposit such amount in the Series 2022-3 2 Interest Collection Account; and (b) second, withdraw the Series 2022-3 2 Daily Principal Allocation, if any, for such date from the Collection Account and deposit such amount into the Series 2022-3 2 Principal Collection Account.

Appears in 2 contracts

Sources: Amended and Restated Series Supplement (Hertz Corp), Series Supplement (Hertz Corp)

Collections; Allocation. Subject to the Past Due Rental Payments Priorities, on each Series 20222021-3 2 Deposit Date, HVF III shall direct the Trustee in writing to apply, and, on such Series 20222021-3 2 Deposit Date, the Trustee shall apply, all amounts deposited into the Collection Account on such date as follows: (a) first, withdraw the Series 20222021-3 2 Daily Interest Allocation, if any, for such date from the Collection Account and deposit such amount in the Series 20222021-3 2 Interest Collection Account; and (b) second, withdraw the Series 20222021-3 2 Daily Principal Allocation, if any, for such date from the Collection Account and deposit such amount into the Series 20222021-3 2 Principal Collection Account.

Appears in 2 contracts

Sources: Amended and Restated Series Supplement (Hertz Corp), Series Supplement (Hertz Corp)

Collections; Allocation. Subject to the Past Due Rental Payments Priorities, on each Series 20222021-3 1 Deposit Date, HVF III shall direct the Trustee in writing to apply, and, on such Series 20222021-3 1 Deposit Date, the Trustee shall apply, all amounts deposited into the Collection Account on such date as follows: (a) first, withdraw the Series 20222021-3 1 Daily Interest Allocation, if any, for such date from the Collection Account and deposit such amount in the Series 20222021-3 1 Interest Collection Account; and (b) second, withdraw the Series 20222021-3 1 Daily Principal Allocation, if any, for such date from the Collection Account and deposit such amount into the Series 20222021-3 1 Principal Collection Account.

Appears in 2 contracts

Sources: Amended and Restated Series Supplement (Hertz Corp), Series Supplement (Hertz Corp)

Collections; Allocation. Subject to the Past Due Rental Payments Priorities, on each Series 2022-3 5 Deposit Date, HVF III shall direct the Trustee in writing to apply, and, on such Series 2022-3 5 Deposit Date, the Trustee shall apply, all amounts deposited into the Collection Account on such date as follows: (a) first, withdraw the Series 2022-3 5 Daily Interest Allocation, if any, for such date from the Collection Account and deposit such amount in the Series 2022-3 5 Interest Collection Account; and (b) second, withdraw the Series 2022-3 5 Daily Principal Allocation, if any, for such date from the Collection Account and deposit such amount into the Series 2022-3 5 Principal Collection Account.

Appears in 2 contracts

Sources: Amended and Restated Series Supplement (Hertz Corp), Supplement (Hertz Corp)

Collections; Allocation. Subject to the Past Due Rental Payments Priorities, on each Series 2022-3 1 Deposit Date, HVF III shall direct the Trustee in writing to apply, and, on such Series 2022-3 1 Deposit Date, the Trustee shall apply, all amounts deposited into the Collection Account on such date as follows: (a) first, withdraw the Series 2022-3 1 Daily Interest Allocation, if any, for such date from the Collection Account and deposit such amount in the Series 2022-3 1 Interest Collection Account; and (b) second, withdraw the Series 2022-3 1 Daily Principal Allocation, if any, for such date from the Collection Account and deposit such amount into the Series 2022-3 1 Principal Collection Account.

Appears in 2 contracts

Sources: Amended and Restated Series Supplement (Hertz Corp), Supplement (Hertz Corp)

Collections; Allocation. Subject to the Past Due Rental Payments Priorities, on each Series 2022-3 4 Deposit Date, HVF III shall direct the Trustee in writing to apply, and, on such Series 2022-3 4 Deposit Date, the Trustee shall apply, all amounts deposited into the Collection Account on such date as follows: (a) first, withdraw the Series 2022-3 4 Daily Interest Allocation, if any, for such date from the Collection Account and deposit such amount in the Series 2022-3 4 Interest Collection Account; and (b) second, withdraw the Series 2022-3 4 Daily Principal Allocation, if any, for such date from the Collection Account and deposit such amount into the Series 2022-3 4 Principal Collection Account.

Appears in 2 contracts

Sources: Amended and Restated Series Supplement (Hertz Corp), Series Supplement (Hertz Corp)

Collections; Allocation. Subject to the Past Due Rental Payments Priorities, on each Series 20222024-3 2 Deposit Date, HVF III shall direct the Trustee in writing to apply, and, on such Series 20222024-3 2 Deposit Date, the Trustee shall apply, all amounts deposited into the Collection Account on such date as follows: (a) first, withdraw the Series 20222024-3 2 Daily Interest Allocation, if any, for such date from the Collection Account and deposit such amount in the Series 20222024-3 2 Interest Collection Account; and (b) second, withdraw the Series 20222024-3 2 Daily Principal Allocation, if any, for such date from the Collection Account and deposit such amount into the Series 20222024-3 2 Principal Collection Account.

Appears in 1 contract

Sources: Series Supplement (Hertz Corp)

Collections; Allocation. Subject to the Past Due Rental Payments Priorities, on each Series 20222025-3 2 Deposit Date, HVF III shall direct the Trustee in writing to apply, and, on such Series 20222025-3 2 Deposit Date, the Trustee shall apply, all amounts deposited into the Collection Account on such date as follows: (a) first, withdraw the Series 20222025-3 2 Daily Interest Allocation, if any, for such date from the Collection Account and deposit such amount in the Series 20222025-3 2 Interest Collection Account; and (b) second, withdraw the Series 20222025-3 2 Daily Principal Allocation, if any, for such date from the Collection Account and deposit such amount into the Series 20222025-3 2 Principal Collection Account.

Appears in 1 contract

Sources: Series Supplement (Hertz Corp)

Collections; Allocation. Subject to the Past Due Rental Payments Priorities, on each Series 20222025-3 4 Deposit Date, HVF III shall direct the Trustee in writing to apply, and, on such Series 202214 2025-3 4 Deposit Date, the Trustee shall apply, all amounts deposited into the Collection Account on such date as follows: (a) first, withdraw the Series 20222025-3 4 Daily Interest Allocation, if any, for such date from the Collection Account and deposit such amount in the Series 20222025-3 4 Interest Collection Account; and (b) second, withdraw the Series 20222025-3 4 Daily Principal Allocation, if any, for such date from the Collection Account and deposit such amount into the Series 20222025-3 4 Principal Collection Account.

Appears in 1 contract

Sources: Series Supplement (Hertz Global Holdings, Inc)

Collections; Allocation. Subject to the Past Due Rental Payments Priorities, on each Series 20222023-3 1 Deposit Date, HVF III shall direct the Trustee in writing to apply, and, on such Series 20222023-3 1 Deposit Date, the Trustee shall apply, all amounts deposited into the Collection Account on such date as follows: (a) first, withdraw the Series 20222023-3 1 Daily Interest Allocation, if any, for such date from the Collection Account and deposit such amount in the Series 20222023-3 1 Interest Collection Account; and (b) second, withdraw the Series 20222023-3 1 Daily Principal Allocation, if any, for such date from the Collection Account and deposit such amount into the Series 20222023-3 1 Principal Collection Account.

Appears in 1 contract

Sources: Series Supplement (Hertz Corp)

Collections; Allocation. Subject to the Past Due Rental Payments Priorities, on each Series 20222025-3 6 Deposit Date, HVF III shall direct the Trustee in writing to apply, and, on such Series 20222025-3 6 Deposit Date, the Trustee shall apply, all amounts deposited into the Collection Account on such date as follows: (a) first, withdraw the Series 20222025-3 6 Daily Interest Allocation, if any, for such date from the Collection Account and deposit such amount in the Series 20222025-3 6 Interest Collection Account; and (b) second, withdraw the Series 20222025-3 6 Daily Principal Allocation, if any, for such date from the Collection Account and deposit such amount into the Series 20222025-3 6 Principal Collection Account.

Appears in 1 contract

Sources: Series Supplement (Hertz Corp)

Collections; Allocation. Subject to the Past Due Rental Payments Priorities, on each Series 20222023-3 2 Deposit Date, HVF III shall direct the Trustee in writing to apply, and, on such Series 20222023-3 2 Deposit Date, the Trustee shall apply, all amounts deposited into the Collection Account on such date as follows: (a) first, withdraw the Series 20222023-3 2 Daily Interest Allocation, if any, for such date from the Collection Account and deposit such amount in the Series 20222023-3 2 Interest Collection Account; and (b) second, withdraw the Series 20222023-3 2 Daily Principal Allocation, if any, for such date from the Collection Account and deposit such amount into the Series 20222023-3 2 Principal Collection Account.

Appears in 1 contract

Sources: Series Supplement (Hertz Corp)

Collections; Allocation. Subject to the Past Due Rental Payments Priorities, on each Series 20222023-3 4 Deposit Date, HVF III shall direct the Trustee in writing to apply, and, on such Series 20222023-3 4 Deposit Date, the Trustee shall apply, all amounts deposited into the Collection Account on such date as follows: (a) first, withdraw the Series 20222023-3 4 Daily Interest Allocation, if any, for such date from the Collection Account and deposit such amount in the Series 20222023-3 4 Interest Collection Account; and (b) second, withdraw the Series 20222023-3 4 Daily Principal Allocation, if any, for such date from the Collection Account and deposit such amount into the Series 20222023-3 4 Principal Collection Account.

Appears in 1 contract

Sources: Series Supplement (Hertz Corp)

Collections; Allocation. Subject to the Past Due Rental Payments Priorities, on each Series 20222024-3 1 Deposit Date, HVF III shall direct the Trustee in writing to apply, and, on such Series 20222024-3 1 Deposit Date, the Trustee shall apply, all amounts deposited into the Collection Account on such date as follows: (a) first, withdraw the Series 20222024-3 1 Daily Interest Allocation, if any, for such date from the Collection Account and deposit such amount in the Series 20222024-3 1 Interest Collection Account; and (b) second, withdraw the Series 20222024-3 1 Daily Principal Allocation, if any, for such date from the Collection Account and deposit such amount into the Series 20222024-3 1 Principal Collection Account.

Appears in 1 contract

Sources: Series Supplement (Hertz Corp)

Collections; Allocation. Subject to the Past Due Rental Payments Priorities, on each Series 20222025-3 5 Deposit Date, HVF III shall direct the Trustee in writing to apply, and, on such Series 20222025-3 5 Deposit Date, the Trustee shall apply, all amounts deposited into the Collection Account on such date as follows: (a) first, withdraw the Series 20222025-3 5 Daily Interest Allocation, if any, for such date from the Collection Account and deposit such amount in the Series 20222025-3 5 Interest Collection Account; and (b) second, withdraw the Series 20222025-3 5 Daily Principal Allocation, if any, for such date from the Collection Account and deposit such amount into the Series 20222025-3 5 Principal Collection Account.

Appears in 1 contract

Sources: Series Supplement (Hertz Corp)

Collections; Allocation. Subject to the Past Due Rental Payments Priorities, on each Series 20222025-3 Deposit Date, HVF III shall direct the Trustee in writing to apply, and, on such Series 202214 2025-3 Deposit Date, the Trustee shall apply, all amounts deposited into the Collection Account on such date as follows: (a) first, withdraw the Series 20222025-3 Daily Interest Allocation, if any, for such date from the Collection Account and deposit such amount in the Series 20222025-3 Interest Collection Account; and (b) second, withdraw the Series 20222025-3 Daily Principal Allocation, if any, for such date from the Collection Account and deposit such amount into the Series 20222025-3 Principal Collection Account.

Appears in 1 contract

Sources: Series Supplement (Hertz Global Holdings, Inc)

Collections; Allocation. Subject to the Past Due Rental Payments Priorities, on each Series 20222023-3 Deposit Date, HVF III shall direct the Trustee in writing to apply, and, on such Series 20222023-3 Deposit Date, the Trustee shall apply, all amounts deposited into the Collection Account on such date as follows: (a) first, withdraw the Series 20222023-3 Daily Interest Allocation, if any, for such date from the Collection Account and deposit such amount in the Series 20222023-3 Interest Collection Account; and (b) second, withdraw the Series 20222023-3 Daily Principal Allocation, if any, for such date from the Collection Account and deposit such amount into the Series 20222023-3 Principal Collection Account.

Appears in 1 contract

Sources: Series Supplement (Hertz Corp)

Collections; Allocation. Subject to the Past Due Rental Payments Priorities, on each Series 20222025-3 1 Deposit Date, HVF III shall direct the Trustee in writing to apply, and, on such Series 20222025-3 1 Deposit Date, the Trustee shall apply, all amounts deposited into the Collection Account on such date as follows: (a) first, withdraw the Series 20222025-3 1 Daily Interest Allocation, if any, for such date from the Collection Account and deposit such amount in the Series 20222025-3 1 Interest Collection Account; and (b) second, withdraw the Series 20222025-3 1 Daily Principal Allocation, if any, for such date from the Collection Account and deposit such amount into the Series 20222025-3 1 Principal Collection Account.

Appears in 1 contract

Sources: Series Supplement (Hertz Corp)