Common use of Payment of Note Interest Clause in Contracts

Payment of Note Interest. On each Distribution Date, subject to Section 9.8 of the Base Indenture, the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay to the Series 2003-3 Noteholders from the Series 2003-3 Distribution Account the amount due to the Series 2003-3 Noteholders deposited in the Series 2003-3 Distribution Account pursuant to Section 2.3.

Appears in 2 contracts

Samples: Avis Group Holdings Inc, Avis Group Holdings Inc

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Payment of Note Interest. On each Distribution Date, subject to Section 9.8 of the Base Indenture, the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay to the Series 2003-3 4 Noteholders from the Series 2003-3 4 Distribution Account the amount due to the Series 2003-3 4 Noteholders deposited in the Series 2003-3 4 Distribution Account pursuant to Section 2.3.

Appears in 2 contracts

Samples: Avis Group Holdings Inc, Avis Group Holdings Inc

Payment of Note Interest. On each Distribution Date, subject to Section 9.8 of the Base Indenture, the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay to the Series 20032005-3 2 Noteholders from the Series 20032005-3 2 Distribution Account the amount due to the Series 20032005-3 2 Noteholders deposited in the Series 20032005-3 2 Distribution Account pursuant to Section 2.3.

Appears in 2 contracts

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

Payment of Note Interest. On each Distribution Date, subject to Section 9.8 of the Base Indenture, the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay to the Series 20032007-3 2 Noteholders from the Series 20032007-3 2 Distribution Account the amount due to the Series 20032007-3 2 Noteholders deposited in the Series 20032007-3 2 Distribution Account pursuant to Section 2.3.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Payment of Note Interest. On each Distribution Date, subject to Section 9.8 of the Base Indenture, the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay to the Series 20032002-3 1 Noteholders from the Series 20032002-3 1 Distribution Account the amount due to the Series 2003-3 Noteholders deposited in the Series 20032002-3 1 Distribution Account pursuant to Section 2.32.3 of this Supplement.

Appears in 1 contract

Samples: Avis Group Holdings Inc

Payment of Note Interest. On each Distribution Date, subject to Section 9.8 of the Base Indenture, the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay to the Series 2003-3 Noteholders Purchaser from the Series 2003-3 1 Distribution Account the amount due to the Series 2003-3 Noteholders amounts deposited in the Series 2003-3 1 Distribution Account pursuant to Section 2.33.3 PLUS the amount of any unpaid Series 2003-1 Shortfalls relating to unpaid Series 2003-1 Monthly Interest payable to the Purchaser as of the preceding Distribution Date, together with any interest thereon at the Series 2003-1 Note Rate plus 2% per annum.

Appears in 1 contract

Samples: Operating Lease Loan Agreement (Avis Group Holdings Inc)

Payment of Note Interest. On each Distribution Date, subject to Section 9.8 of the Base Indenture, the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay to the Series 20032004-3 2 Noteholders from the Series 20032004-3 2 Distribution Account the amount due to the Series 20032004-3 2 Noteholders deposited in the Series 20032004-3 2 Distribution Account pursuant to Section 2.3.

Appears in 1 contract

Samples: Cendant Corp

Payment of Note Interest. On each Distribution Date, subject to Section 9.8 of the Base Indenture, the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay to the Series 20032009-3 2 Noteholders from the Series 20032009-3 2 Distribution Account the amount due to the Series 20032009-3 2 Noteholders deposited in the Series 20032009-3 2 Distribution Account pursuant to Section 2.3.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Payment of Note Interest. On each Distribution Date, subject to Section Sec­tion 9.8 of the Base Indenture, the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay to the Series 2003-3 5 Noteholders from the Series 2003-3 5 Distribution Account the amount due to the Series 2003-3 5 Noteholders deposited in the Series 2003-3 5 Distribution Account pursuant to Section 2.3.

Appears in 1 contract

Samples: Cendant Corp

Payment of Note Interest. On each Distribution Date, subject to Section 9.8 of the Base Indenture, the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay to the Series 20032010-3 1 Noteholders from the Series 20032010-3 1 Distribution Account the amount due to the Series 20032010-3 1 Noteholders deposited in the Series 20032010-3 1 Distribution Account pursuant to Section 2.34.3.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Payment of Note Interest. On each Distribution Date, subject to Section 9.8 of the Base Indenture, the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay to the Series 20032005-3 4 Noteholders from the Series 20032005-3 4 Distribution Account the amount due to the Series 20032005-3 4 Noteholders deposited in the Series 20032005-3 4 Distribution Account pursuant to Section 2.3.

Appears in 1 contract

Samples: Cendant Corp

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Payment of Note Interest. On each Distribution Date, subject to Section 9.8 of the Base Indenture, the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay to the Series 20032005-3 1 Noteholders from the Series 20032005-3 1 Distribution Account the amount due to the Series 20032005-3 1 Noteholders deposited in the Series 20032005-3 1 Distribution Account pursuant to Section 2.3.

Appears in 1 contract

Samples: Cendant Corp

Payment of Note Interest. On each Distribution Date, subject to Section 9.8 of the Base Indenture, the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay to the Series 20032009-3 1 Noteholders from the Series 20032009-3 1 Distribution Account the amount due to the Series 20032009-3 1 Noteholders deposited in the Series 20032009-3 1 Distribution Account pursuant to Section 2.3.

Appears in 1 contract

Samples: Avis Budget Group, Inc.

Payment of Note Interest. On each Distribution Date, subject to Section Sec­tion 9.8 of the Base Indenture, the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay to the Series 20032006-3 1 Noteholders from the Series 20032006-3 1 Distribution Account the amount due to the Series 20032006-3 1 Noteholders deposited in the Series 20032006-3 1 Distribution Account pursuant to Section 2.3.

Appears in 1 contract

Samples: Cendant Corp

Payment of Note Interest. On each Distribution Date, subject to Section 9.8 of the Base Indenture, the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay to the Series 2003-3 2 Noteholders from the Series 2003-3 2 Distribution Account the amount due to the Series 2003-3 Noteholders deposited in the Series 2003-3 2 Distribution Account pursuant to Section 2.3.

Appears in 1 contract

Samples: Avis Group Holdings Inc

Payment of Note Interest. On each Distribution Date, subject to Section 9.8 of the Base Indenture, the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay to the Series 20031999-3 1 Noteholders from the Series 20031999-3 1 Distribution Account the amount due to the Series 2003-3 Noteholders deposited in the Series 20031999-3 1 Distribution Account for the payment of interest pursuant to Section 2.32.3(b) of this Series Supplement.

Appears in 1 contract

Samples: Autonation Inc /Fl

Payment of Note Interest. On each Distribution Date, subject to Section 9.8 of the Base Indenture, the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay to the Series 2003-3 5 Noteholders from the Series 2003-3 5 Distribution Account the amount due to the Series 2003-3 5 Noteholders deposited in the Series 2003-3 5 Distribution Account pursuant to Section 2.3.

Appears in 1 contract

Samples: Avis Group Holdings Inc

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