Common use of Termination of Supplement Clause in Contracts

Termination of Supplement. This Supplement shall cease to be of further effect when all outstanding Series 2010-6 Notes theretofore authenticated and issued have been delivered (other than destroyed, lost, or stolen Series 2010-6 Notes which have been replaced or paid) to the Trustee for cancellation and ABRCF has paid all sums payable hereunder and, if the Series 2010-6 Demand Note Payment Amount on the Series 2010-6 Letter of Credit Termination Date was greater than zero, the Series 2010-6 Cash Collateral Account Surplus shall equal zero, the Demand Note Preference Payment Amount shall have been reduced to zero and all amounts have been withdrawn from the Series 2010-6 Cash Collateral Account in accordance with Section 3.8(h).

Appears in 2 contracts

Samples: Third Amended and Restated Series 2010 6 Supplement (Avis Budget Group, Inc.), Second Amended and Restated Series 2010 6 Supplement (Avis Budget Group, Inc.)

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Termination of Supplement. This Supplement shall cease to be of further effect when all outstanding Series 20102004-6 4 Notes theretofore authenticated and issued have been delivered (other than destroyed, lost, or stolen Series 20102004-6 4 Notes which have been replaced or paid) to the Trustee for cancellation and ABRCF CRCF has paid all sums payable hereunder and, if the Series 20102004-6 4 Demand Note Payment Amount on the Series 20102004-6 4 Letter of Credit Termination Date was greater than zero, the Series 20102004-6 4 Cash Collateral Account Surplus shall equal zero, the Demand Note Preference Payment Amount shall have been reduced to zero and all amounts have been withdrawn from the Series 20102004-6 4 Cash Collateral Account in accordance with Section 3.8(h)) of this Supplement.

Appears in 2 contracts

Samples: Series 2004 4 Supplement (Cendant Corp), Series 2004 4 Supplement (Cendant Corp)

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Termination of Supplement. This Supplement shall cease to be of further effect when all outstanding Series 20102005-6 3 Notes theretofore authenticated and issued have been delivered (other than destroyed, lost, or stolen Series 20102005-6 3 Notes which have been replaced or paid) to the Trustee for cancellation and ABRCF CRCF has paid all sums payable hereunder and, if the Series 20102005-6 3 Demand Note Payment Amount on the Series 20102005-6 3 Letter of Credit Termination Date was greater than zero, the Series 20102005-6 3 Cash Collateral Account Surplus shall equal zero, the Demand Note Preference Payment Amount shall have been reduced to zero and all amounts have been withdrawn from the Series 20102005-6 3 Cash Collateral Account in accordance with Section 3.8(h)) of this Supplement.

Appears in 1 contract

Samples: Series Supplement (Cendant Corp)

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