Common use of Reallocation of Excess Collections Clause in Contracts

Reallocation of Excess Collections. On or after the Expected Final Payment Date, use all amounts allocated to and available for distribution from each principal collection account in respect of each Series of Group II Notes to decrease, pro rata (based on Principal Amount), the Series 2013-B Principal Amount and the principal amount of any other Series of Group II Notes that is then required to be paid.

Appears in 6 contracts

Samples: Assignment and Assumption Agreement (Hertz Corp), Assignment and Assumption Agreement (Hertz Corp), Master Collateral Agency Agreement (Hertz Corp)

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Reallocation of Excess Collections. On or after the Expected Final Payment Date, use all amounts allocated to and available for distribution from each principal collection account in respect of each Series of Group II I Notes to decrease, pro rata (based on Principal Amount), the Series 2013-B A Principal Amount and the principal amount of any other Series of Group II I Notes that is then required to be paid.

Appears in 5 contracts

Samples: Assignment and Assumption Agreement (Hertz Corp), Assignment and Assumption Agreement (Hertz Corp), Vehicle Title Nominee Agreement (Hertz Corp)

Reallocation of Excess Collections. On or after the Expected Final Payment Date, use all amounts allocated to and available for distribution from each principal collection account in respect of each Series of Group II Notes to decrease, pro rata (based on Principal Amount), the Series 20132021-B A Principal Amount and the principal amount of any other Series of Group II Notes that is then required to be paid.

Appears in 4 contracts

Samples: Hertz Global Holdings, Inc, Hertz Corp, Hertz Corp

Reallocation of Excess Collections. On or after the Expected Final Payment Date, use all amounts allocated to and available for distribution from each principal collection account in respect of each Series of Group II I Notes to decrease, pro rata (based on Principal A2 - 7 Amount), the Series 2013-B A Principal Amount and the principal amount of any other Series of Group II I Notes that is then required to be paid.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Hertz Corp), Assignment and Assumption Agreement (Hertz Corp)

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Reallocation of Excess Collections. On or after the Expected Final Payment Date, use all amounts allocated to and available for distribution from each principal collection account in respect of each Series of Group II I Notes to decrease, pro rata (based on Principal Amount), the Series 20132014-B A Principal Amount and the principal amount of any other Series of Group II I Notes that is then required to be paid.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Hertz Corp), Assignment and Assumption Agreement (Hertz Corp)

Reallocation of Excess Collections. On or after the Expected Final Payment Date, use all amounts allocated to and available for distribution from each principal collection account in respect of each Series of Group II HVIF Notes to decrease, pro rata (based on Principal Amount), the Series 20132020-B 1 Principal Amount and the principal amount of any other Series of Group II HVIF Notes that is then required to be paid.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Hertz Corp)

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