Rapid Amortization Period. With respect to the Series 2011-3 Rapid Amortization Period, other than after the occurrence of an Event of Bankruptcy with respect to ABCR, any other Lessee or any Permitted Sublessee, the Administrator will direct the Trustee in writing pursuant to the Administration Agreement to allocate, prior to 11:00 a.m. (New York City time) on any Series 2011-3 Deposit Date, all amounts deposited into the Collection Account as set forth below:
Rapid Amortization Period. During the Series 2009-1 Rapid Amortization Period, the Administrator will direct the Trustee in writing pursuant to the Administration Agreement, prior to 1:00 p.m. (New York City time) on any Series 2009-1 Deposit Date, to apply from all amounts deposited into the Collection Account as set forth below:
Rapid Amortization Period. Commencing on the second Determination Date during the Three-Year Notes Controlled Amortization Period or the first Determination Date after the commencement of the Series 2004-1 Rapid Amortization Period and on each Determination Date thereafter, the Administrator shall instruct the Trustee in writing pursuant to the Administration Agreement as to (i) the amount allocated to the Series 2004-1 Notes during the Related Month pursuant to Section 2.02(b)(ii) or (c)(ii) of this Series Supplement, as the case may be, (ii) any amounts to be withdrawn from the Series 2004-1 Reserve Account and deposited into the Series 2004-1 Distribution Account, (iii) any amounts to be drawn on the Series 2004-1 Letters of Credit (or withdrawn from the Series 2004-1 Cash Collateral Account), (iv) the amount of proceeds received in respect of a demand made under the Series 2004-1 Demand Note and (v) the amount of any demand on the Insurance Policy in accordance with the terms thereof. On the Payment Date following each such Determination Date, the Trustee shall withdraw the amount allocated to the Series 2004-1 Notes of each Class during the Related Month pursuant to Section 2.02(b)(ii) or (c)(ii) of this Series Supplement, as the case may be, from the Series 2004-1 Collection Account and deposit such amount, together with the proceeds of any demand on the Series 2004-1 Demand Note received during the period from and excluding the immediately preceding Payment Date to and including such Payment Date into the Series 2004-1 Distribution Account which amount shall be paid (x) first, to the Series 2004-1 Noteholders holding such Class of Series 2004-1 Notes and (y) second, once the Series 2004-1 Notes have been paid in full, to Ford all unpaid Ford Reimbursement Obligations; provided, however, that with respect to the Three-Year Notes Legal Final Payment Date and the Class A-3 Legal Final Payment Date, the Trustee shall withdraw from the Series 2004-1 Collection Account an amount which is no greater than the sum of the Class A-1 Principal Amount and the Class A-2 Principal Amount, or Class A-3 Principal Amount, as the case may be, as of the end of the day on the immediately preceding day.
Rapid Amortization Period. During the Series 1998-1 Rapid Amortization Period, the Master Servicer will direct the Trustee in writing to allocate, on each Series 1998-1 Deposit Date, all amounts deposited into the Group II Collection Account as set forth below:
Rapid Amortization Period. With respect to the Series 1999-1 Rapid Amortization Period, the Servicer will direct the Trustee in writing to allocate, prior to 12:00 noon (New York City time) on any Series 1999-1 Deposit Date, all amounts deposited into the Collection Account as set forth below:
Rapid Amortization Period. Commencing on the second Determination Date during the Series 2005-3 Controlled Amortization Period or the first Determination Date after the commence-ment of the Series 2005-3 Rapid Amortization Period, the Administrator shall in-struct the Trustee and the Paying Agent in writing pursu-ant to the Administration Agreement and in accordance with this Section 3.5 as to (i) the amount allocated to the Series 2005-3 Notes during the Related Month pursuant to Section 3.2(b)(ii), (c)(ii) or (d)(ii), as the case may be, and the portion of such amount, if any, that has been previously applied to make a Decrease pursuant to Section 2.5, (ii) any amounts to be withdrawn from the Series 2005-3 Reserve Account and deposited into the Series 2005-3 Distribution Ac-count or (iii) any amounts to be drawn on the Series 2005-3 Demand Notes and/or on the Series 2005-3 Letters of Credit (or withdrawn from the Series 2005-3 Cash Collateral Account). On the Dis-tribution Date following each such Determination Date, the Trustee shall withdraw the amount allocated to the Series 2005-3 Notes during the Related Month pursuant to Section 3.2(b)(ii), (c)(ii) or (d)(ii), as the case may be, less the portion of such amount, if any, that has been previously applied to make a Decrease pursuant to Section 2.5, from the Series 2005-3 Collection Account and deposit such amount in the Series 2005-3 Distri-bution Account, to be paid to the holders of the Series 2005-3 Notes.
Rapid Amortization Period. (a) The total for each day during the Related Month of the Series 1997-2 Invested Percentage (as of each day) of the aggregate amount of Principal Collections on each day: $_______.
Rapid Amortization Period. With respect to the Series 2003-3 Rapid Amortization Period, other than after the occurrence of an Event of Bankruptcy with respect to ARAC, any other Lessee or AGH, the Administrator will direct the Trustee in writing pursuant to the Administration Agreement to allocate, prior to 11:00 a.m. (New York City time) on any Series 2003-3 Deposit Date, all amounts deposited into the Collection Account as set forth below:
Rapid Amortization Period. If the Servicer determines on any Distribution Date prior to the commencement of the Series 1999-1 Rapid Amortization Period that the sum of the amounts available from the Series 1999-1 Accrued Interest Account plus the amount, if any, to be withdrawn from the Series 1999-1 Reserve Account pursuant to Section 2.3(d) above is insufficient to pay the sum of the amounts described in clauses (x), (y) and (z) of Section 2.3(b) above on such Distribution Date, the Servicer shall instruct the Trustee in writing to draw on the Series 1999-1 Letter of Credit and, upon receipt of such notice by the Trustee on or prior to 11:00 a.m. (New York City time) on such Distribution Date, the Trustee shall, by 12:00 noon (New York City time) on such Distribution Date draw an amount equal to the least of (i) such insufficiency, (ii) the Series 1999-1 Lease Payment Deficit on such Distribution Date and (iii) the Series 1999-1 Letter of Credit Liquidity Amount on the Series 1999-1 Letters of Credit by presenting to each Series 1999-1 Letter of Credit Provider a draft accompanied by a Certificate of Lease Deficit Demand and shall cause the Lease Deficit Disbursement to be deposited in the Series 1999-1 Distribution Account on such Distribution Date; provided, however that if the Series 1999-1 Cash Collateral Account has been established and funded, the Trustee shall withdraw from the Series 1999-1 Cash Collateral Account and deposit in the Series 1999-1 Distribution Account an amount equal to the lesser of (x) the Series 1999-1 Cash Collateral Percentage on such Distribution Date of the lesser of such insufficiency and the Series 1999-1 Lease Payment Deficit and (y) the Series 1999-1 Available Cash Collateral Account Amount on such Distribution Date and draw an amount equal to the remainder of such amount on the Series 1999-1 Letters of Credit.
Rapid Amortization Period. The definition of “Rapid Amortization Period Ratio” in the Base Indenture Definitions List is hereby amended by inserting the double underlined text in the following paragraph:
