Common use of Capitalization of ABRCF Clause in Contracts

Capitalization of ABRCF. ABRCF agrees that on the Series 2010-6 Closing Date and on the date of any increase in the Series 2010-6 Maximum Invested Amount it will have capitalization in an amount equal to or greater than 3% of the sum of (x) the Series 2010-6 Maximum Invested Amount and (y) the invested amount of each other Series of Notes outstanding on such date.

Appears in 5 contracts

Samples: Sixth Amended and Restated Series 2010 6 Supplement (Avis Budget Group, Inc.), Fifth Amended and Restated Series 2010 6 Supplement (Avis Budget Group, Inc.), Fourth Amended and Restated Series 2010 6 Supplement (Avis Budget Group, Inc.)

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Capitalization of ABRCF. ABRCF agrees that on the Series 20102015-6 3 Closing Date and on the date of any increase in the Series 20102015-6 3 Maximum Invested Amount it will have capitalization in an amount equal to or greater than 3% of the sum of (x) the Series 20102015-6 3 Maximum Invested Amount and (y) the invested amount of each other Series of Notes outstanding on such date.

Appears in 5 contracts

Samples: Fourth Amended and Restated Series 2015 3 Supplement (Avis Budget Group, Inc.), Third Amended and Restated Series 2015 3 Supplement (Avis Budget Group, Inc.), Second Amended and Restated Series 2015 3 Supplement (Avis Budget Group, Inc.)

Capitalization of ABRCF. ABRCF agrees that on the Series 20102009-6 3 Closing Date and on the date of any increase in the Series 20102009-6 3 Maximum Invested Amount it will have capitalization in an amount equal to or greater than 3% of the sum of (x) the Series 20102009-6 3 Maximum Invested Amount and (y) the invested amount of each other Series of Notes outstanding on such date.

Appears in 1 contract

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

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Capitalization of ABRCF. ABRCF agrees that on the Series 20102008-6 1 Closing Date and on the date of any increase in the Series 20102008-6 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 20102008-6 1 Maximum Invested Amount and (y) the invested amount of each other Series of Notes outstanding on such date.

Appears in 1 contract

Samples: Series 2008 1 Supplement (Avis Budget Group, Inc.)

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