Shortfalls. If the amounts described in Section 2.3 are insufficient to pay the Series 2003-4 Monthly Interest on any Distribution Date, payments of interest to the Series 2003-4 Noteholders 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 shall be referred to as the "SERIES 2003-4
Appears in 1 contract
Samples: Avis Group Holdings Inc
Shortfalls. If the amounts described in Section 2.3 are insufficient to pay the Series 20031997-4 1 Monthly Interest on any Distribution Date, payments of interest to the Series 20031997-4 1 Noteholders 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 shall be referred to as the "SERIES 2003Series 1997-41
Appears in 1 contract
Samples: Avis Group Holdings Inc
Shortfalls. If the amounts described in Section 2.3 3.3 are insufficient to pay the Series 20032001-4 Monthly 2 Periodic Interest on any Distribution Date, Date related to any Series 2001-2 Notes of any Class payments of interest to the Series 20032001-4 2 Noteholders 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 shall be referred to as the "SERIES 2003Series 2001-42 39 Shortfall." Interest shall accrue on any Series 2001-2 Shortfall at the Series 2001-2 Note Rate.
Appears in 1 contract
Samples: Avis Group Holdings Inc
Shortfalls. If the amounts described in Section 2.3 are insufficient to pay the Series 2003-4 2 Monthly Interest on any Distribution Date, payments of interest to the Series 2003-4 2 Noteholders 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 shall be referred to as the "SERIES 2003-42
Appears in 1 contract
Samples: Avis Group Holdings Inc
Shortfalls. If the amounts described in Section 2.3 are insufficient to pay the Series 20032001-4 1 Monthly Interest on any Distribution Date, payments of interest to the Series 20032001-4 1 Noteholders 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 shall be referred to as the "SERIES 2003Series 2001-41
Appears in 1 contract
Samples: Avis Group Holdings Inc
Shortfalls. If the amounts described in Section 2.3 are insufficient to pay the Series 20032000-4 3 Monthly Interest on any Distribution Date, payments of interest to the Series 20032000-4 3 Noteholders 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 shall be referred to as the "SERIES 2003Series 2000-43 Shortfall." Interest shall accrue on any Series 2000-3 Shortfall at the Series 2000-3 Note Rate.
Appears in 1 contract
Samples: Avis Group Holdings Inc
Shortfalls. If the amounts described in Section 2.3 are insufficient to pay the Series 20032002-4 1 Monthly Interest on any Distribution Date, payments of interest to the Series 20032002-4 1 Noteholders 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 shall be referred to as the "SERIES 2003Series 2002-41
Appears in 1 contract
Samples: Avis Group Holdings Inc