Principal Deficit Amount. If the Principal Deficit Amount is greater than zero on any date, the Administrator shall promptly provide written notice thereof to the Insurer and the Trustee. On each Payment Date on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 2004-1 Distribution Account as follows:
Appears in 2 contracts
Samples: Second Amended and Restated Series 2004 1 Supplement (Hertz Global Holdings Inc), Amended and Restated Series 2004 1 Supplement (Hertz Corp)
Principal Deficit Amount. If the Principal Deficit Amount is greater than zero on any datedate or the Administrator determines that there exists a Series 2010-1 Lease Principal Payment Deficit, the Administrator shall promptly provide written notice thereof to the Insurer Administrative Agent and the Trustee. On each Payment Date on which the Principal Deficit Amount is greater than zerozero or a Series 2010-1 Lease Principal Payment Deficit exists, amounts shall be transferred to the Series 20042010-1 Distribution Account as follows:
(i) Series 2010-1
Appears in 2 contracts
Samples: Second Amended and Restated Series 2010 1 Supplement (Zipcar Inc), Amended and Restated Series 2010 1 Supplement (Zipcar Inc)
Principal Deficit Amount. If the Principal Deficit Amount is greater than zero on any date, the Administrator shall promptly provide written notice thereof to the Insurer and the Trustee. On each Payment Date on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20042005-1 4 Distribution Account as follows:
(i) (A)
Appears in 1 contract
Samples: Amended and Restated Series Supplement (Hertz Global Holdings Inc)
Principal Deficit Amount. If the Principal Deficit Amount is greater than zero on any date, the Administrator shall promptly provide written notice thereof to the Insurer and the Trustee. On each Payment Date on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20042005-1 3 Distribution Account as follows:
(i) (A)
Appears in 1 contract
Samples: Amended and Restated Series Supplement (Hertz Global Holdings Inc)
Principal Deficit Amount. If the Principal Deficit Amount is greater than zero on any date, the Administrator shall promptly provide written notice thereof to the Insurer and the Trustee. On each Payment Date on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20042005-1 2 Distribution Account as follows:
(i) (A)
Appears in 1 contract
Samples: Amended and Restated Series Supplement (Hertz Global Holdings Inc)
