Common use of Principal Deficit Amount Clause in Contracts

Principal Deficit Amount. On each Distribution Date on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 2010-6 Distribution Account as follows:

Appears in 5 contracts

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

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Principal Deficit Amount. On each Distribution Date on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20102015-6 3 Distribution Account as follows:

Appears in 5 contracts

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

Principal Deficit Amount. On each Distribution Date on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20102004-6 1 Distribution Account as follows:

Appears in 2 contracts

Samples: Cendant Corp, Cendant Corp

Principal Deficit Amount. On each Distribution Date Date, other than the Series 2005-2 Final Distribution Date, on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20102005-6 2 Distribution Account as follows:

Appears in 2 contracts

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

Principal Deficit Amount. On each Distribution Date on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20102004-6 4 Distribution Account as follows:

Appears in 2 contracts

Samples: Cendant Corp, Cendant Corp

Principal Deficit Amount. On each Distribution Date Date, other than the Series 2019-2 Final Distribution Date, on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20102019-6 2 Distribution Account as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Principal Deficit Amount. On each Distribution Date on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20102008-6 1 Distribution Account as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Principal Deficit Amount. On each Distribution Date Date, other than the Series 2018-2 Final Distribution Date, on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20102018-6 2 Distribution Account as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Principal Deficit Amount. On each Distribution Date on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20102009-6 3 Distribution Account as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Principal Deficit Amount. On each Distribution Date Date, other than the Series 2023-6 Final Distribution Date, on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20102023-6 Distribution Account as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Principal Deficit Amount. On each Distribution Date on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20102022-6 2 Distribution Account as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Principal Deficit Amount. On each Distribution Date on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20102005-6 3 Distribution Account as follows:

Appears in 1 contract

Samples: Master Agreement (Cendant Corp)

Principal Deficit Amount. On each Distribution Date Date, other than the Series 2007-2 Final Distribution Date, on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20102007-6 2 Distribution Account as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Principal Deficit Amount. On each Distribution Date Date, other than the Series 2015-2 Final Distribution Date, on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20102015-6 2 Distribution Account as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

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Principal Deficit Amount. On each Distribution Date Date, other than the Series 2013-2 Final Distribution Date, on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20102013-6 2 Distribution Account as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Principal Deficit Amount. On each Distribution Date Date, other than the Series 2015-1 Final Distribution Date, on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20102015-6 1 Distribution Account as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Principal Deficit Amount. On each Distribution Date Date, other than the Series 2010-5 Final Distribution Date, on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 2010-6 5 Distribution Account as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Principal Deficit Amount. On each Distribution Date on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20102006-6 2 Distribution Account as follows:

Appears in 1 contract

Samples: Cendant Corp

Principal Deficit Amount. On each Distribution Date Date, other than the Series 2006-1 Final Distribution Date, on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20102006-6 1 Distribution Account as follows:

Appears in 1 contract

Samples: Cendant Corp

Principal Deficit Amount. On each Distribution Date Date, other than the Series 2011-5 Final Distribution Date, on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20102011-6 5 Distribution Account as follows:

Appears in 1 contract

Samples: Avis Budget Rental (Avis Budget Group, Inc.)

Principal Deficit Amount. On each Distribution Date Date, other than the Series 2010-3 Final Distribution Date, on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 2010-6 3 Distribution Account as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Principal Deficit Amount. On each Distribution Date Date, other than the Series 2010-2 Final Distribution Date, on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 2010-6 2 Distribution Account as follows:

Appears in 1 contract

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

Principal Deficit Amount. On each Distribution Date Date, other than the Series 2011-1 Final Distribution Date, on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20102011-6 1 Distribution Account as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

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