Common use of BALANCE Clause in Contracts

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 2005-2 Accrued Interest Account and the Series 2005-2 Distribution Account, plus the amount, if any, drawn under the Series 2005-2 Letters of Credit and/or withdrawn from the Series 2005-2 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 2005-2 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 2 contracts

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

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BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052003-2 5 Accrued Interest Account and the Series 20052003-2 5 Distribution Account, plus the amount, if any, drawn under the Series 20052003-2 5 Letters of Credit and/or withdrawn from the Series 20052003-2 5 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052003-2 5 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 2 contracts

Samples: Avis Group Holdings Inc, Cendant Corp

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052003-2 3 Accrued Interest Account and the Series 20052003-2 3 Distribution Account, plus the amount, if any, drawn under the Series 20052003-2 3 Letters of Credit and/or withdrawn from the Series 20052003-2 3 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052003-2 3 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 2 contracts

Samples: Avis Group Holdings Inc, Avis Group Holdings Inc

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052018-2 1 Accrued Interest Account and the Series 20052018-2 1 Distribution Account, plus the amount, if any, drawn under the Series 20052018-2 1 Letters of Credit and/or withdrawn from the Series 20052018-2 1 Cash Collateral Account Accounts pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052018-2 1 Reserve Account Accounts pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052011-2 3 Accrued Interest Account and the Series 20052011-2 3 Distribution Account, plus the amount, if any, drawn under the Series 20052011-2 3 Letters of Credit and/or withdrawn from the Series 20052011-2 3 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052011-2 3 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052010-2 3 Accrued Interest Account and the Series 20052010-2 3 Distribution Account, plus the amount, if any, drawn under the Series 20052010-2 3 Letters of Credit and/or withdrawn from the Series 20052010-2 3 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052010-2 3 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052019-2 Accrued Interest Account and the Series 20052019-2 Distribution Account, plus the amount, if any, drawn under the Series 20052019-2 Letters of Credit and/or withdrawn from the Series 20052019-2 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052019-2 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052003-2 4 Accrued Interest Account and the Series 20052003-2 4 Distribution Account, plus PLUS the amount, if any, drawn under the Series 20052003-2 4 Letters of Credit and/or withdrawn from the Series 20052003-2 4 Cash Collateral Account pursuant to Section 2.3(c) plus PLUS the amount, if any, withdrawn from the Series 20052003-2 4 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Group Holdings Inc

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052012-2 Accrued Interest Account and the Series 20052012-2 Distribution Account, plus the amount, if any, drawn under the Series 20052012-2 Letters of Credit and/or withdrawn from the Series 20052012-2 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052012-2 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052021-2 Accrued Interest Account and the Series 20052021-2 Distribution Account, plus the amount, if any, drawn under the Multi-Series 2005-2 Letters of Credit and/or withdrawn from the Series 20052021-2 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052021-2 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052013-2 1 Accrued Interest Account and the Series 20052013-2 1 Distribution Account, plus the amount, if any, drawn under the Series 20052013-2 1 Letters of Credit and/or withdrawn from the Series 20052013-2 1 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052013-2 1 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052011-2 5 Accrued Interest Account and the Series 20052011-2 5 Distribution Account, plus the amount, if any, drawn under the Series 20052011-2 5 Letters of Credit and/or withdrawn from the Series 20052011-2 5 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052011-2 5 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

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

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052023-2 Accrued Interest Account and the Series 20052023-2 Distribution Account, plus the amount, if any, drawn under the Multi-Series 2005-2 Letters of Credit and/or withdrawn from the Series 20052023-2 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052023-2 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052019-2 Accrued Interest Account and the Series 20052019-2 Distribution Account, plus the amount, if any, drawn under the Series 20052019-2 Letters of Credit and/or withdrawn from the Series 20052019-2 Cash Collateral Account Accounts pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052019-2 Reserve Account Accounts pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052012-2 3 Accrued Interest Account and the Series 20052012-2 3 Distribution Account, plus the amount, if any, drawn under the Series 20052012-2 3 Letters of Credit and/or withdrawn from the Series 20052012-2 3 Cash Collateral Account Accounts pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052012-2 3 Reserve Account Accounts pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 2005-2 4 Accrued Interest CONFORMED COPY Account and the Series 2005-2 4 Distribution Account, plus the amount, if any, drawn under the Series 2005-2 4 Letters of Credit and/or withdrawn from the Series 2005-2 4 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 2005-2 4 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Cendant Corp

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052017-2 Accrued Interest Account and the Series 20052017-2 Distribution Account, plus the amount, if any, drawn under the Series 20052017-2 Letters of Credit and/or withdrawn from the Series 20052017-2 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052017-2 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052024-2 3 Accrued Interest Account and the Series 20052024-2 3 Distribution Account, plus the amount, if any, drawn under the Multi-Series 2005-2 Letters of Credit and/or withdrawn from the Series 20052024-2 3 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052024-2 3 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052010-2 5 Accrued Interest Account and the Series 20052010-2 5 Distribution Account, plus the amount, if any, drawn under the Series 20052010-2 5 Letters of Credit and/or withdrawn from the Series 20052010-2 5 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052010-2 5 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052012-2 1 Accrued Interest Account and the Series 20052012-2 1 Distribution Account, plus the amount, if any, drawn under the Series 20052012-2 1 Letters of Credit and/or withdrawn from the Series 20052012-2 1 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052012-2 1 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052009-2 1 Accrued Interest Account and the Series 20052009-2 1 Distribution Account, plus the amount, if any, drawn under the Series 20052009-2 1 Letters of Credit and/or withdrawn from the Series 20052009-2 1 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052009-2 1 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052023-2 5 Accrued Interest Account and the Series 20052023-2 5 Distribution Account, plus the amount, if any, drawn under the Multi-Series 2005-2 Letters of Credit and/or withdrawn from the Series 20052023-2 5 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052023-2 5 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052019-2 3 Accrued Interest Account and the Series 20052019-2 3 Distribution Account, plus the amount, if any, drawn under the Series 20052019-2 3 Letters of Credit and/or withdrawn from the Series 20052019-2 3 Cash Collateral Account Accounts pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052019-2 3 Reserve Account Accounts pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052011-2 3 Accrued Interest Account and the Series 20052011-2 3 Distribution Account, plus the amount, if any, drawn under the Series 20052011-2 3 Letters of Credit and/or withdrawn from the Series 20052011-2 3 Cash Collateral Account Accounts pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052011-2 3 Reserve Account Accounts pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052003-2 4 Accrued Interest Account and the Series 20052003-2 4 Distribution Account, plus the amount, if any, drawn under the Series 20052003-2 4 Letters of Credit and/or withdrawn from the Series 20052003-2 4 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052003-2 4 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Group Holdings Inc

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.42.3(a), if any, of the amounts available from the Series 20052003-2 Accrued Interest Account and the Series 2005-2 Distribution Account, plus the amount, if any, drawn under the Series 20052003-2 Letters of Credit and/or withdrawn from the Series 20052003-2 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052003-2 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Group Holdings Inc

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052011-2 Accrued Interest Account and the Series 20052011-2 Distribution Account, plus the amount, if any, drawn under the Series 20052011-2 Letters of Credit and/or withdrawn from the Series 20052011-2 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052011-2 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052013-2 1 Accrued Interest Account and the Series 20052013-2 1 Distribution Account, plus the amount, if any, drawn under the Series 20052013-2 1 Letters of Credit and/or withdrawn from the Series 20052013-2 1 Cash Collateral Account Accounts pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052013-2 1 Reserve Account Accounts pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052009-2 Accrued Interest Account and the Series 20052009-2 Distribution Account, plus the amount, if any, drawn under the Series 20052009-2 Letters of Credit and/or withdrawn from the Series 20052009-2 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052009-2 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052020-2 1 Accrued Interest Account and the Series 20052020-2 1 Distribution Account, plus the amount, if any, drawn under the Series 20052020-2 1 Letters of Credit and/or withdrawn from the Series 20052020-2 1 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052020-2 1 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052018-2 Accrued Interest Account and the Series 20052018-2 Distribution Account, plus the amount, if any, drawn under the Series 20052018-2 Letters of Credit and/or withdrawn from the Series 20052018-2 Cash Collateral Account Accounts pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052018-2 Reserve Account Accounts pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052014-2 1 Accrued Interest Account and the Series 20052014-2 1 Distribution Account, plus the amount, if any, drawn under the Series 20052014-2 1 Letters of Credit and/or withdrawn from the Series 20052014-2 1 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052014-2 1 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052024-2 Accrued Interest Account and the Series 20052024-2 Distribution Account, plus the amount, if any, drawn under the Multi-Series 2005-2 Letters of Credit and/or withdrawn from the Series 20052024-2 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052024-2 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052013-2 Accrued Interest Account and the Series 20052013-2 Distribution Account, plus the amount, if any, drawn under the Series 20052013-2 Letters of Credit and/or withdrawn from the Series 20052013-2 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052013-2 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052023-2 8 Accrued Interest Account and the Series 20052023-2 8 Distribution Account, plus the amount, if any, drawn under the Multi-Series 2005-2 Letters of Credit and/or withdrawn from the Series 20052023-2 8 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052023-2 8 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052023-2 6 Accrued Interest Account and the Series 20052023-2 6 Distribution Account, plus the amount, if any, drawn under the Multi-Series 2005-2 Letters of Credit and/or withdrawn from the Series 20052023-2 6 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052023-2 6 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052023-2 1 Accrued Interest Account and the Series 20052023-2 1 Distribution Account, plus the amount, if any, drawn under the Multi-Series 2005-2 Letters of Credit and/or withdrawn from the Series 20052023-2 1 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052023-2 1 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052022-2 5 Accrued Interest Account and the Series 20052022-2 5 Distribution Account, plus the amount, if any, drawn under the Multi-Series 2005-2 Letters of Credit and/or withdrawn from the Series 20052022-2 5 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052022-2 5 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052015-2 Accrued Interest Account and the Series 20052015-2 Distribution Account, plus the amount, if any, drawn under the Series 20052015-2 Letters of Credit and/or withdrawn from the Series 20052015-2 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052015-2 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052022-2 1 Accrued Interest Account and the Series 20052022-2 1 Distribution Account, plus the amount, if any, drawn under the Multi-Series 2005-2 Letters of Credit and/or withdrawn from the Series 20052022-2 1 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052022-2 1 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052004-2 Accrued Interest Account and the Series 20052004-2 Distribution Account, plus the amount, if any, drawn under the Series 20052004-2 Letters of Credit and/or withdrawn from the Series 20052004-2 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052004-2 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Cendant Corp

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BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052021-2 1 Accrued Interest Account and the Series 20052021-2 1 Distribution Account, plus the amount, if any, drawn under the Multi-Series 2005-2 Letters of Credit and/or withdrawn from the Series 20052021-2 1 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052021-2 1 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052010-2 Accrued Interest Account and the Series 20052010-2 Distribution Account, plus the amount, if any, drawn under the Series 20052010-2 Letters of Credit and/or withdrawn from the Series 20052010-2 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052010-2 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

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

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052020-2 Accrued Interest Account and the Series 20052020-2 Distribution Account, plus the amount, if any, drawn under the Series 20052020-2 Letters of Credit and/or withdrawn from the Series 20052020-2 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052020-2 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052018-2 Accrued Interest Account and the Series 20052018-2 Distribution Account, plus the amount, if any, drawn under the Series 20052018-2 Letters of Credit and/or withdrawn from the Series 20052018-2 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052018-2 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052023-2 4 Accrued Interest Account and the Series 20052023-2 4 Distribution Account, plus the amount, if any, drawn under the Multi-Series 2005-2 Letters of Credit and/or withdrawn from the Series 20052023-2 4 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052023-2 4 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052019-2 1 Accrued Interest Account and the Series 20052019-2 1 Distribution Account, plus the amount, if any, drawn under the Series 20052019-2 1 Letters of Credit and/or withdrawn from the Series 20052019-2 1 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052019-2 1 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052012-2 3 Accrued Interest Account and the Series 20052012-2 3 Distribution Account, plus the amount, if any, drawn under the Series 20052012-2 3 Letters of Credit and/or withdrawn from the Series 20052012-2 3 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052012-2 3 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052011-2 5 Accrued Interest Account and the Series 20052011-2 5 Distribution Account, plus the amount, if any, drawn under the Series 20052011-2 5 Letters of Credit and/or withdrawn from the Series 20052011-2 5 Cash Collateral Account Accounts pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052011-2 5 Reserve Account Accounts pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052020-2 1 Accrued Interest Account and the Series 20052020-2 1 Distribution Account, plus the amount, if any, drawn under the Series 20052020-2 1 Letters of Credit and/or withdrawn from the Series 20052020-2 1 Cash Collateral Account Accounts pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052020-2 1 Reserve Account Accounts pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052019-2 3 Accrued Interest Account and the Series 20052019-2 3 Distribution Account, plus the amount, if any, drawn under the Series 20052019-2 3 Letters of Credit and/or withdrawn from the Series 20052019-2 3 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052019-2 3 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052007-2 Accrued Interest Account and the Series 20052007-2 Distribution Account, plus the amount, if any, drawn under the Series 20052007-2 Letters of Credit and/or withdrawn from the Series 20052007-2 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052007-2 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052013-2 Accrued Interest Account and the Series 20052013-2 Distribution Account, plus the amount, if any, drawn under the Series 20052013-2 Letters of Credit and/or withdrawn from the Series 20052013-2 Cash Collateral Account Accounts pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052013-2 Reserve Account Accounts pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 2005-2 1 Accrued Interest Account and the Series 2005-2 1 Distribution Account, plus the amount, if any, drawn under the Series 2005-2 1 Letters of Credit and/or withdrawn from the Series 2005-2 1 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 2005-2 1 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Cendant Corp

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052011-2 1 Accrued Interest Account and the Series 20052011-2 1 Distribution Account, plus the amount, if any, drawn under the Series 20052011-2 1 Letters of Credit and/or withdrawn from the Series 20052011-2 1 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052011-2 1 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052006-2 1 Accrued Interest Account and the Series 20052006-2 1 Distribution Account, plus the amount, if any, drawn under the Series 20052006-2 1 Letters of Credit and/or withdrawn from the Series 20052006-2 1 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052006-2 1 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Cendant Corp

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052010-2 4 Accrued Interest Account and the Series 20052010-2 4 Distribution Account, plus the amount, if any, drawn under the Series 20052010-2 4 Letters of Credit and/or withdrawn from the Series 20052010-2 4 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052010-2 4 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052018-2 1 Accrued Interest Account and the Series 20052018-2 1 Distribution Account, plus the amount, if any, drawn under the Series 20052018-2 1 Letters of Credit and/or withdrawn from the Series 20052018-2 1 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052018-2 1 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052023-2 3 Accrued Interest Account and the Series 20052023-2 3 Distribution Account, plus the amount, if any, drawn under the Multi-Series 2005-2 Letters of Credit and/or withdrawn from the Series 20052023-2 3 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052023-2 3 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052023-2 7 Accrued Interest Account and the Series 20052023-2 7 Distribution Account, plus the amount, if any, drawn under the Multi-Series 2005-2 Letters of Credit and/or withdrawn from the Series 20052023-2 7 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052023-2 7 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052017-2 Accrued Interest Account and the Series 20052017-2 Distribution Account, plus the amount, if any, drawn under the Series 20052017-2 Letters of Credit and/or withdrawn from the Series 20052017-2 Cash Collateral Account Accounts pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052017-2 Reserve Account Accounts pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.42.3(a) of this Supplement), if any, of the amounts available from the Series 20052002-2 1 Accrued Interest Account and the Series 2005-2 Distribution Account, plus the amount, if any, drawn under the Series 20052002-2 1 Letters of Credit and/or withdrawn from the Series 20052002-2 1 Cash Collateral Account pursuant to Section 2.3(c) of this Supplement plus the amount, if any, withdrawn from the Series 20052002-2 1 Reserve Account pursuant to Section 2.3(d) of this Supplement as follows:

Appears in 1 contract

Samples: Avis Group Holdings Inc

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052014-2 Accrued Interest Account and the Series 20052014-2 Distribution Account, plus the amount, if any, drawn under the Series 20052014-2 Letters of Credit and/or withdrawn from the Series 20052014-2 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052014-2 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052024-2 1 Accrued Interest Account and the Series 20052024-2 1 Distribution Account, plus the amount, if any, drawn under the Multi-Series 2005-2 Letters of Credit and/or withdrawn from the Series 20052024-2 1 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052024-2 1 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052012-2 Accrued Interest Account and the Series 20052012-2 Distribution Account, plus the amount, if any, drawn under the Series 20052012-2 Letters of Credit and/or withdrawn from the Series 20052012-2 Cash Collateral Account Accounts pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052012-2 Reserve Account Accounts pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052017-2 1 Accrued Interest Account and the Series 20052017-2 1 Distribution Account, plus the amount, if any, drawn under the Series 20052017-2 1 Letters of Credit and/or withdrawn from the Series 20052017-2 1 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052017-2 1 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

BALANCE. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section 2.4), if any, of the amounts available from the Series 20052015-2 1 Accrued Interest Account and the Series 20052015-2 1 Distribution Account, plus the amount, if any, drawn under the Series 20052015-2 1 Letters of Credit and/or withdrawn from the Series 20052015-2 1 Cash Collateral Account pursuant to Section 2.3(c) plus the amount, if any, withdrawn from the Series 20052015-2 1 Reserve Account pursuant to Section 2.3(d) as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

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