Allocations From Other Series. Amounts allocated to other Series of Notes that have been reallocated by AFC-II to the Series 2003-5 Notes (i) during the Series 2003-5 Revolving Period shall be allocated to the Series 2003-5 Excess Collection Account and applied in accordance with Section 2.2(e) and (ii) during the Series 2003-5 Amortization Period shall be allocated to the Series 2003-5 Collection Account and applied in accordance with Section 2.2(b) or 2.2(c), as applicable, to make principal payments in respect of the Series 2003-5 Notes.
Appears in 2 contracts
Samples: Avis Group Holdings Inc, Cendant Corp
Allocations From Other Series. Amounts allocated to other Series of Notes that have been reallocated by AFC-II to the Series 20032002-5 2 Notes (i) during the Series 20032002-5 2 Revolving Period shall be allocated to the Series 20032002-5 2 Excess Collection Account and applied in accordance with Section 2.2(e3.2(e) and (ii) during the Series 20032002-5 2 Amortization Period shall be allocated to the Series 20032002-5 2 Collection Account and applied in accordance with Section 2.2(b3.2(b) or 2.2(c), as applicable, to make principal payments in respect of the Series 20032002-5 2 Notes.
Appears in 2 contracts
Samples: Operating Lease Loan Agreement (Avis Group Holdings Inc), Operating Lease Loan Agreement (Avis Group Holdings Inc)
Allocations From Other Series. Amounts allocated to other Series of Notes that have been reallocated by AFC-II to the Series 20032002-5 3 Notes (i) during the Series 20032002-5 3 Revolving Period shall be allocated to the Series 20032002-5 3 Excess Collection Account and applied in accordance with Section 2.2(e3.2(e) and (ii) during the Series 20032002-5 3 Amortization Period shall be allocated to the Series 20032002-5 3 Collection Account and applied in accordance with Section 2.2(b3.2(b) or 2.2(c), as applicable, to make principal payments in respect of the Series 20032002-5 3 Notes.
Appears in 1 contract
Samples: Operating Lease Loan Agreement (Avis Group Holdings Inc)
Allocations From Other Series. Amounts allocated to other Series of Notes that have been reallocated by AFC-II to the Series 2003-5 1 Notes (i) during the Series 2003-5 1 Revolving Period shall be allocated to the Series 2003-5 1 Excess Collection Account and applied in accordance with Section 2.2(e3.2(e) and (ii) during the Series 2003-5 1 Amortization Period shall be allocated to the Series 2003-5 1 Collection Account and applied in accordance with Section 2.2(b3.2(b) or 2.2(c), as applicable, to make principal payments in respect of the Series 2003-5 1 Notes.
Appears in 1 contract
Samples: Operating Lease Loan Agreement (Avis Group Holdings Inc)
Allocations From Other Series. Amounts allocated to other Series of Notes that have been reallocated by AFC-II to the Series 2003-5 4 Notes (i) during the Series 2003-5 4 Revolving Period shall be allocated to the Series 2003-5 4 Excess Collection Account and applied in accordance with Section 2.2(e) and (ii) during the Series 2003-5 4 Amortization Period shall be allocated to the Series 2003-5 4 Collection Account and applied in accordance with Section 2.2(b) or 2.2(c), as applicable, to make principal payments in respect of the Series 2003-5 4 Notes.
Appears in 1 contract
Samples: Avis Group Holdings Inc
Allocations From Other Series. Amounts allocated to other Series of Notes that have been reallocated by AFC-II to the Series 20032002-5 4 Notes (i) during the Series 2003-35- 2002-5 4 Revolving Period shall be allocated to the Series 20032002-5 4 Excess Collection Account and applied in accordance with Section 2.2(e3.2(e) and (ii) during the Series 20032002-5 4 Amortization Period shall be allocated to the Series 20032002-5 4 Collection Account and applied in accordance with Section 2.2(b3.2(b) or 2.2(c), as applicable, to make principal payments in respect of the Series 20032002-5 4 Notes.
Appears in 1 contract
Samples: Operating Lease Loan Agreement (Avis Group Holdings Inc)
Allocations From Other Series. Amounts allocated to other Series of Notes that have been reallocated by AFC-II to the Series 2003-5 3 Notes (i) during the Series 2003-5 3 Revolving Period shall be allocated to the Series 2003-5 3 Excess Collection Account and applied in accordance with Section 2.2(e) and (ii) during the Series 2003-5 3 Amortization Period shall be allocated to the Series 2003-5 3 Collection Account and applied in accordance with Section 2.2(b) or 2.2(c), as applicable, to make principal payments in respect of the Series 2003-5 3 Notes.
Appears in 1 contract
Samples: Avis Group Holdings Inc