Common use of Applications and Distributions Clause in Contracts

Applications and Distributions. With respect to the Series 2010-3 Note, the following shall apply: Section 7.1. Allocations with Respect to the Series 2010-3 Note. The net proceeds from the initial sale of the Series 2010-3 Note were deposited into the Series 2010-3 Collection Account. On each Business Day on which the proceeds of the initial sale of the Series 2010-3 Note or any Series 2010-3 Collections are deposited into the Series 2010-3 Collection Account (each such date, a “Series 2010-3 Deposit Date”), the Series 2010-3 Administrator shall direct the Trustee in writing to apply all amounts deposited into the Series 2010-3 Collection Account in accordance with the provisions of this Article VII.

Appears in 3 contracts

Samples: Fourth Amended and Restated Series 2010 3 Supplement (Hertz Global Holdings Inc), Fourth Amended and Restated Series 2010 3 Supplement (Hertz Global Holdings Inc), Amendment No. 1 (Hertz Corp)

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Applications and Distributions. With respect to the Series 2010-3 Note, the following shall apply: Section 7.1. Allocations with Respect to the Series 2010-3 Note. The net proceeds from the initial sale of the Series 2010-3 Note were shall be deposited into the Series 2010-3 Collection Account. On each Business Day on which the proceeds of the initial sale of the Series 2010-3 Note Note, the proceeds of any Advance or any Series 2010-3 Collections are deposited into the Series 2010-3 Collection Account (each such date, a “Series 2010-3 Deposit Date”), the Series 2010-3 Administrator shall direct the Trustee in writing to apply all amounts deposited into the Series 2010-3 Collection Account in accordance with the provisions of this Article VII.

Appears in 2 contracts

Samples: Third Amended and Restated Series 2010 3 Supplement (Hertz Global Holdings Inc), Third Amended and Restated Series 2010 3 Supplement (Hertz Global Holdings Inc)

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Applications and Distributions. With respect to the Series 2010-3 Note, the following shall apply:: WEIL:\95390898\1\99910.6247 Section 7.1. Allocations with Respect to the Series 2010-3 Note. The net proceeds from the initial sale of the Series 2010-3 Note were deposited into the Series 2010-3 Collection Account. On each Business Day on which the proceeds of the initial sale of the Series 2010-3 Note or any Series 2010-3 Collections are deposited into the Series 2010-3 Collection Account (each such date, a “Series 2010-3 Deposit Date”), the Series 2010-3 Administrator shall direct the Trustee in writing to apply all amounts deposited into the Series 2010-3 Collection Account in accordance with the provisions of this Article VII.

Appears in 1 contract

Samples: Second Amended and Restated Series 2013 B Supplement (Hertz Corp)

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