Common use of Termination of Supplement Clause in Contracts

Termination of Supplement. This Supplement shall cease to be of further effect when all outstanding Series 2001-1 Notes theretofore authenticated and issued have been delivered (other than destroyed, lost, or stolen Series 2001-1 Notes which have been replaced or paid) to the Trustee for cancellation, AFC-II has paid all sums payable hereunder, the Surety Provider has been paid all Surety Provider Fees and all other Surety Provider Reimbursement Amounts due under the Insurance Agreement and, if the Series 2001-1 Demand Note Payment Amount on the Series 2001-1 Letter of Credit Termination Date was greater than zero, all amounts have been withdrawn from the Series 2001-1 Cash Collateral Account in accordance with SECTION 2.8(i) of this Supplement.

Appears in 1 contract

Samples: Avis Group Holdings Inc

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Termination of Supplement. This Supplement shall cease to be of further effect when all outstanding Series 20011997-1 Notes theretofore authenticated and issued have been delivered (other than destroyed, lost, or stolen Series 20011997-1 Notes which have been replaced or paid) to the Trustee for cancellation, AFC-II has paid all sums payable hereunder, the Surety Provider has been paid all Surety Provider Fees and all other Surety Provider Reimbursement Amounts due under the Insurance Agreement and, if the Series 20011997-1 Demand Note Payment Amount on the Series 20011997-1 Letter of Credit Termination Date was greater than zero, all amounts have been withdrawn from the Series 20011997-1 Cash Collateral Account in accordance with SECTION Section 2.8(i) of this Supplement.

Appears in 1 contract

Samples: Avis Group Holdings Inc

Termination of Supplement. This Supplement shall cease to be of further effect when all outstanding Series 20012000-1 3 Notes theretofore authenticated and issued have been delivered (other than destroyed, lost, or stolen Series 20012000-1 3 Notes which have been replaced or paid) to the Trustee for cancellation, AFC-II has paid all sums payable hereunder, the Surety Provider has been paid all Surety Provider Fees and all other Surety Provider Reimbursement Amounts due under the Insurance Agreement and, if the Series 20012000-1 3 Demand Note Payment Amount on the Series 20012000-1 3 Letter of Credit Termination Date was greater than zero, all amounts have been withdrawn from the Series 20012000-1 3 Cash Collateral Account in accordance with SECTION 2.8(i) of this Supplement.

Appears in 1 contract

Samples: Avis Group Holdings Inc

Termination of Supplement. This Supplement shall cease to be of further effect when all outstanding Series 20012003-1 2 Notes theretofore authenticated and issued have been delivered (other than destroyed, lost, or stolen Series 20012003-1 2 Notes which have been replaced or paid) to the Trustee for cancellation, AFC-II has paid all sums payable hereunder, the Surety Provider has been paid all Surety Provider Fees and all other Surety Provider Reimbursement Amounts due under the Insurance Agreement and, if the Series 20012003-1 2 Demand Note Payment Amount on the Series 20012003-1 2 Letter of Credit Termination Date was greater than zero, all amounts have been withdrawn from the Series 20012003-1 2 Cash Collateral Account in accordance with SECTION Section 2.8(i) of this Supplement).

Appears in 1 contract

Samples: Avis Group Holdings Inc

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Termination of Supplement. This Supplement shall cease to be of further effect when all outstanding Series 2001-1 2 Notes theretofore authenticated and issued have been delivered (other than destroyed, lost, lost or stolen Series 2001-1 2 Notes which have been replaced or paid) to the Trustee for cancellation, AFC-II has paid all sums payable hereunder, the Surety Provider has been paid all Surety Provider Fees and all other Surety Provider Reimbursement Amounts due under the Insurance Agreement and, if the Series 2001-1 2 Demand Note Payment Amount on the Series 2001-1 2 Letter of Credit Termination Date was greater than zero, all amounts have been withdrawn from the Series 2001-1 2 Cash Collateral Account in accordance with SECTION 2.8(i3(8)(i) of this Supplement.. 66

Appears in 1 contract

Samples: Avis Group Holdings Inc

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