Class B Note Interest and Commitment Fee Shortfalls. If the amounts described in Section 3.3(a)(ii), (b) and (d) are insufficient to pay the Class B Senior Monthly Interest and the Class B Commitment Fees of the Purchaser Groups on any Distribution Date, payments of Class B Senior Monthly Interest to the Class B Noteholders and payments of Class B Commitment Fees to the Purchaser Groups will be reduced on a pro rata basis by the amount of such deficiency. The aggregate amount, if any, of such deficiency on any Distribution Date, together with the aggregate unpaid amount of any such deficiencies with respect to all prior Distribution Dates, shall be referred to as the “Class B Senior Monthly Interest Shortfall.” Interest shall accrue on the Class B Senior Monthly Interest Shortfall at the Alternate Base Rate plus 2% per annum.
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Samples: Avis Budget Group, Inc., Avis Budget Group, Inc., Avis Budget Group, Inc.
