Common use of Capitalization of ABRCF Clause in Contracts

Capitalization of ABRCF. ABRCF agrees that on the Series 2015-3 Closing Date and on the date of any increase in the Series 2015-3 Maximum Invested Amount it will have capitalization in an amount equal to or greater than 3% of the sum of (x) the Series 2015-3 Maximum Invested Amount and (y) the invested amount of each other Series of Notes outstanding on such date.

Appears in 5 contracts

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

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Capitalization of ABRCF. ABRCF agrees that on the Series 20152010-3 6 Closing Date and on the date of any increase in the Series 20152010-3 6 Maximum Invested Amount it will have capitalization in an amount equal to or greater than 3% of the sum of (x) the Series 20152010-3 6 Maximum Invested Amount and (y) the invested amount of each other Series of Notes outstanding on such date.

Appears in 4 contracts

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

Capitalization of ABRCF. ABRCF agrees that on the Series 20152010-3 6 Closing Date and on the date of any increase in the Series 20152010-3 6 Maximum Invested Amount it will have capitalization in an amount equal to or greater than 3% of the sum of (x) the Series 20152010-3 6 Maximum Invested Amount and (y) the invested amount of each other Series of Notes outstanding on such date.. 146

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Capitalization of ABRCF. ABRCF agrees that on the Series 20152008-3 1 Closing Date and on the date of any increase in the Series 20152008-3 1 Maximum Invested Amount it will have capitalization capitali­zation in an amount equal to or greater than 3% of the sum of (x) the Series 20152008-3 1 Maximum Invested Amount and (y) the invested amount of each other Series of Notes outstanding on such date.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

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Capitalization of ABRCF. ABRCF agrees that on the Series 20152009-3 Closing Date and on the date of any increase in the Series 20152009-3 Maximum Invested Amount it will have capitalization in an amount equal to or greater than 3% of the sum of (x) the Series 20152009-3 Maximum Invested Amount and (y) the invested amount of each other Series of Notes outstanding on such date.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

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