Common use of Maximum Purchaser Group Invested Amounts Clause in Contracts

Maximum Purchaser Group Invested Amounts. Notwithstanding anything to the contrary contained in this Supplement, at no time shall a Purchaser Group be required to make the initial purchase of a Class A Note or a Class B Note or increase its Class A Purchaser Group Invested Amount or Class B Purchaser Group Invested Amount if either (1) the sum of (x) the Class A Purchaser Group Invested Amount with respect to such Purchaser Group, after giving effect to such purchase or increase and (y) the sum of any unfunded Delayed Amounts with respect to the Class A Notes with respect to such Purchaser Group, would exceed the Class A Maximum Purchaser Group Invested Amount with respect to such Purchaser Group at such time or (2) the sum of (x) the Class B Purchaser Group Invested Amount with respect to such Purchaser Group, after giving effect to such purchase or increase and (y) the sum of any unfunded Delayed Amounts with respect to the Class B Notes with respect to such Purchaser Group, would exceed the Class B Maximum Purchaser Group Invested Amount with respect to such Purchaser Group at such time.

Appears in 4 contracts

Samples: Avis Budget Group, Inc., Avis Budget Group, Inc., Avis Budget Group, Inc.

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