Common use of Vehicle Purchase Surplus Amount Payments Clause in Contracts

Vehicle Purchase Surplus Amount Payments. On each Payment Date, the Lessor shall pay to the Lessees, from amounts on deposit in the AESOP I Segregated Account, the Vehicle Purchase Surplus Amount with respect to the Vehicles leased hereunder for such Payment Date. The Lessees shall have no right to demand, counterclaim, setoff, deduct, abate, defer, decrease or in any other way reduce any payment of Monthly Base Rent or Supplemental Rent by the Lessees hereunder for amounts due from the Lessor under this Section 2.8.

Appears in 2 contracts

Samples: Finance Lease Agreement, Finance Lease Agreement (Avis Budget Group, Inc.)

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Vehicle Purchase Surplus Amount Payments. On each Payment Date, the Lessor shall pay to the LesseesLessee, from amounts on deposit in the AESOP I Segregated Account, the Vehicle Purchase Surplus Amount with respect to the Vehicles leased hereunder for such Payment Date. The Lessees Lessee shall have no right to demand, counterclaim, setoff, deduct, abate, defer, decrease or in any other way reduce any payment of Monthly Base Rent or Supplemental Rent by the Lessees Lessee hereunder for amounts due from the Lessor under this Section 2.8.

Appears in 2 contracts

Samples: Master Motor Vehicle Finance Lease Agreement (Avis Rent a Car Inc), Master Motor Vehicle Finance Lease Agreement (Avis Rent a Car Inc)

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