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 2003-4 Notes theretofore authenticated and issued have been delivered (other than destroyed, lost, or stolen Series 2003-4 Notes which have been replaced or paid) to the Trustee for cancellation, AFC-II has paid all sums payable hereunder, the Surety Provider has been paid all Surety Provider Fees and all other Surety Provider Reimbursement Amounts due under the Insurance Agreement, the Series 2003-4 Interest Rate Swaps have been terminated and there are no amounts due and owing thereunder and, if the Series 2003-4 Demand Note Payment Amount on the Series 2003-4 Letter of Credit Termination Date was greater than zero, all amounts have been withdrawn from the Series 2003-4 Cash Collateral Account in accordance with Section 2.8(i).

Appears in 1 contract

Samples: Series Supplement (Avis Group Holdings Inc)

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Termination of Supplement. This Supplement shall cease to be of further effect when all outstanding Series 2003-4 3 Notes theretofore authenticated and issued have been delivered (other than destroyed, lost, or stolen Series 2003-4 3 Notes which have been replaced or paid) to the Trustee for cancellation, AFC-II has paid all sums payable hereunder, the Surety Provider has been paid all Surety Provider Fees and all other Surety Provider Reimbursement Amounts due under the Insurance Agreement, the Series 2003-4 3 Interest Rate Swaps have Swap has been terminated and there are no amounts due and owing thereunder and, if the Series 2003-4 3 Demand Note Payment Amount on the Series 2003-4 3 Letter of Credit Termination Date was greater than zero, all amounts have been withdrawn from the Series 2003-4 3 Cash Collateral Account in accordance with Section 2.8(i).

Appears in 1 contract

Samples: Series Supplement (Avis Group Holdings Inc)

Termination of Supplement. This Supplement shall cease to be of further effect when all outstanding Series 20032004-4 2 Notes theretofore authenticated and issued have been delivered (other than destroyed, lost, or stolen Series 20032004-4 2 Notes which have been replaced or paid) to the Trustee for cancellation, AFC-II has paid all sums payable hereunder, the Surety Provider has been paid all Surety Provider Fees and all other Surety Provider Reimbursement Amounts due under the Insurance Agreement, the Policy is no longer in effect, the Series 20032004-4 2 Interest Rate Swaps have been terminated and there are no amounts due and owing thereunder and, if the Series 20032004-4 2 Demand Note Payment Amount on the Series 20032004-4 2 Letter of Credit Termination Date was greater than zero, all amounts have been withdrawn from the Series 20032004-4 2 Cash Collateral Account in accordance with Section 2.8(i).

Appears in 1 contract

Samples: Series Supplement (Cendant Corp)

Termination of Supplement. This Supplement shall cease to be of further effect when all outstanding Series 2003-4 3 Notes theretofore authenticated and issued have been delivered (other than destroyed, lost, or stolen Series 2003-4 3 Notes which have been replaced or paid) to the Trustee for cancellation, AFC-II has paid all sums payable hereunder, the CONFORMED COPY Surety Provider has been paid all Surety Provider Fees and all other Surety Provider Reimbursement Amounts due under the Insurance Agreement, the Series 2003-4 3 Interest Rate Swaps have Swap has been terminated and there are no amounts due and owing thereunder and, if the Series 2003-4 3 Demand Note Payment Amount on the Series 2003-4 3 Letter of Credit Termination Date was greater than zero, all amounts have been withdrawn from the Series 2003-4 3 Cash Collateral Account in accordance with Section 2.8(i).. CONFORMED COPY

Appears in 1 contract

Samples: Series 2003 3 Supplement (Avis Group Holdings Inc)

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Termination of Supplement. This Supplement shall cease to be of further effect when all outstanding Series 2003-4 Notes theretofore authenticated and issued have been delivered (other than destroyed, lost, or stolen Series 2003-4 Notes which have been replaced or paid) to the Trustee for cancellation, AFC-II has paid all sums payable hereunder, the Surety Provider has been paid all Surety Provider Fees and all other Surety Provider Reimbursement Amounts due under the Insurance Agreement, the Series 2003-4 Interest Rate Swaps have been terminated and there are no amounts due and owing thereunder and, if the Series 2003-4 Demand Note Payment Amount on the Series 2003-4 Letter of Credit Termination Date was greater than zero, all amounts have been withdrawn from the Series 2003-4 Cash Collateral Account in accordance with Section 2.8(i).. CONFORMED COPY

Appears in 1 contract

Samples: Series 2003 4 Supplement (Avis Group Holdings Inc)

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