Common use of Carrying Charges Clause in Contracts

Carrying Charges. AESOP Leasing agrees to pay to the Lender on each Payment Date an amount equal to the product of (A) the applicable Loan Agreement's Share as of such Payment Date times (B) all accrued and unpaid Carrying Charges that are accrued and unpaid as of each such Payment Date.

Appears in 5 contracts

Samples: Loan Agreement (Avis Rent a Car Inc), Loan Agreement (Avis Rent a Car Inc), Loan Agreement (Avis Rent a Car Inc)

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Carrying Charges. AESOP Leasing II agrees to pay to the Lender on each Payment Date an amount equal to the product of (A) the applicable Loan Agreement's Share as of such Payment Date times (B) all accrued and unpaid Carrying Charges that are accrued and unpaid as of each such Payment Date.

Appears in 2 contracts

Samples: Loan Agreement (Avis Rent a Car Inc), Loan Agreement (Avis Rent a Car Inc)

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Carrying Charges. AESOP Leasing agrees to pay to the Lender on each Payment Date an amount equal to the product of (A) the applicable Loan Agreement's ’s Share as of such Payment Date times and (B) all accrued and unpaid Carrying Charges that are accrued and unpaid as of each such Payment Date.

Appears in 2 contracts

Samples: Loan Agreement (Cendant Corp), Loan Agreement (Avis Budget Group, Inc.)

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