Common use of Allocations with Respect to the Series Clause in Contracts

Allocations with Respect to the Series. 2010-1 Notes. The net proceeds from the initial sale of the Series 2010-1 Notes were deposited and any Increase with respect to the Series 2010-1 Notes shall be deposited into the Collection Account and shall be allocated in accordance with clause (a)(ii) of this Section 3.2 below. All amounts payable to ZVF under the Series 2010-1 Interest Rate Caps will be deposited into the Series 2010-1 Collection Account. On each Business Day on which the proceeds of any Increase or Collections are deposited into the Collection Account (each such date, a “Series 2010-1 Deposit Date”), the Administrator will direct the Trustee in writing pursuant to the Administration Agreement to apply from all amounts deposited into the Collection Account in accordance with the provisions of this Section 3.2:

Appears in 2 contracts

Samples: Zipcar Inc, Zipcar Inc

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Allocations with Respect to the Series. 20102009-1 Notes. The net proceeds from the initial sale of the Series 20102009-1 Notes were deposited and any Increase with respect to the Series 2010-1 Notes shall will be deposited into the Collection Account and shall be allocated in accordance with clause (a)(ii) of this Section 3.2 below. All amounts payable to ZVF HVF under the Series 20102009-1 Interest Rate Caps will be deposited into the Series 20102009-1 Collection Account. On each Business Day on which the proceeds of the initial sale of the Series 2009-1 Notes, any Increase or Collections are deposited into the Collection Account (each such date, a “Series 20102009-1 Deposit Date”), the Administrator will direct the Trustee in writing pursuant to the Administration Agreement to apply from all amounts deposited into the Collection Account in accordance with the provisions of this Section 3.2:

Appears in 1 contract

Samples: Hertz Global Holdings Inc

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Allocations with Respect to the Series. 20102008-1 Notes. The net proceeds from the initial sale of the Series 20102008-1 Notes were deposited and any Increase with respect to the Series 2010-1 Notes shall will be deposited into the Collection Account and shall be allocated in accordance with clause (a)(ii) of this Section 3.2 below. All amounts payable to ZVF HVF under the Series 20102008-1 Interest Rate Caps will be deposited into the Series 20102008-1 Collection Account. On each Business Day on which the proceeds of the initial sale of the Series 2008-1 Notes, any Increase or Collections are deposited into the Collection Account (each such date, a “Series 20102008-1 Deposit Date”), the Administrator will direct the Trustee in writing pursuant to the Administration Agreement to apply from all amounts deposited into the Collection Account in accordance with the provisions of this Section 3.2:

Appears in 1 contract

Samples: Hertz Global Holdings Inc

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