Allocations with Respect to the Series 1999-1 Notes. The proceeds from the issuance of the Series 1999-1 Notes will be deposited into the Collection Account. On the Series 1999-1 Closing Date and each Business Day on which proceeds from any Increase or Collections are deposited into the Collection Account (each such date, a “Series 1999-1 Deposit Date”), the Servicer will direct the Trustee in writing to allocate all amounts deposited into the Collection Account in accordance with the provisions of this Section 3.2:
Appears in 2 contracts
Sources: Fifth Amended and Restated Series 1999 1 Supplement (Vanguard Car Rental Group Inc.), Series Supplement (Vanguard Car Rental Group Inc.)