Common use of Class C Principal Deficit Amount Clause in Contracts

Class C Principal Deficit Amount. On each Distribution Date, other than the Series 2012-3 Final Distribution Date, on which the Class A Notes and Class B Notes will have been paid in full and the Class C Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 2012-3 Distribution Account as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

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Class C Principal Deficit Amount. On each Distribution Date, other than the Series 20122011-3 5 Final Distribution Date, on which the Class A Notes and Class B Notes will have been paid in full and the Class C Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20122011-3 5 Distribution Account as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Principal Deficit Amount. On each Distribution Date, other than the Series 20122013-3 2 Final Distribution Date, on which the Class A Notes and Class B Notes will have been paid in full and the Class C Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20122013-3 2 Distribution Account as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Principal Deficit Amount. On each Distribution Date, other than the Series 20122011-3 Final Distribution Date, on which the Class A Notes and Class B Notes will have been paid in full and the Class C Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20122011-3 Distribution Account as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

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Class C Principal Deficit Amount. On each Distribution Date, other than the Series 2012-3 2 Final Distribution Date, on which the Class A Notes and Class B Notes will have NEWYORK 8960490 (2K)A&R Series 2012-2 Supplement (Class C Note issuance) 46 been paid in full and the Class C Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 2012-3 2 Distribution Account as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Class C Principal Deficit Amount. On each Distribution Date, other than the Series 20122013-3 1 Final Distribution Date, on which the Class A Notes and Class B Notes will have been paid in full and the Class C Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20122013-3 1 Distribution Account as follows:

Appears in 1 contract

Samples: Avis Budget Group, Inc.

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