Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 2024-2 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 2024-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i), Section 2.5(f)(ii), Section 2.5(f)(iii) and Section 2.5(f)(iv), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 2024-2 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 2024-2 Rapid Amortization Period.
Appears in 2 contracts
Sources: Second Amended and Restated Series 2024 2 Supplement (Avis Budget Group, Inc.), Amended and Restated Series 2024 2 Supplement (Avis Budget Group, Inc.)
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242023-2 3 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242023-2 3 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i), Section 2.5(f)(ii), Section 2.5(f)(iii) and Section 2.5(f)(iv), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242023-2 3 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242023-2 3 Rapid Amortization Period.
Appears in 2 contracts
Sources: Second Amended and Restated Series 2023 3 Supplement (Avis Budget Group, Inc.), Amended and Restated Series 2023 3 Supplement (Avis Budget Group, Inc.)
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242019-2 1 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242019-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i), Section 2.5(f)(ii), Section 2.5(f)(iii2.5(e)(ii) and Section 2.5(f)(iv2.5(e)(iii), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242019-2 1 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242019-2 1 Rapid Amortization Period.
Appears in 1 contract
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242023-2 6 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242023-2 6 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i), Section 2.5(f)(ii), Section 2.5(f)(iii2.5(e)(ii) and Section 2.5(f)(iv2.5(e)(iii), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242023-2 6 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242023-2 6 Rapid Amortization Period.
Appears in 1 contract
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242023-2 6 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242023-2 6 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i), Section 2.5(f)(ii), Section 2.5(f)(iii) and Section 2.5(f)(iv), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242023-2 6 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242023-2 6 Rapid Amortization Period.
Appears in 1 contract
Sources: Amended and Restated Series 2023 6 Supplement (Avis Budget Group, Inc.)
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242023-2 8 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242023-2 8 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i), Section 2.5(f)(ii), Section 2.5(f)(iii2.5(e)(ii) and Section 2.5(f)(iv2.5(e)(iii), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242023-2 8 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242023-2 8 Rapid Amortization Period.
Appears in 1 contract
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242025-2 4 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242025-2 4 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i), Section 2.5(f)(ii2.5(e)(ii), Section 2.5(f)(iii2.5(e)(iii) and Section 2.5(f)(iv2.5(e)(iv), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242025-2 4 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242025-2 4 Rapid Amortization Period.
Appears in 1 contract
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242018-2 1 Collection Account pursuant to Section Section
2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242018-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i), Section 2.5(f)(ii), Section 2.5(f)(iii) and Section 2.5(f)(iv), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242018-2 1 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242018-2 1 Rapid Amortization Period.
Appears in 1 contract
Sources: Amended and Restated Series Supplement (Avis Budget Group, Inc.)
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242025-2 1 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242025-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i), Section 2.5(f)(ii2.5(e)(ii), Section 2.5(f)(iii2.5(e)(iii) and Section 2.5(f)(iv2.5(e)(iv), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242025-2 1 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242025-2 1 Rapid Amortization Period.
Appears in 1 contract
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242023-2 8 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242023-2 8 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i), Section 2.5(f)(ii), Section 2.5(f)(iii) and Section 2.5(f)(iv), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242023-2 8 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242023-2 8 Rapid Amortization Period.
Appears in 1 contract
Sources: Amended and Restated Series 2023 8 Supplement (Avis Budget Group, Inc.)
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 2024-2 3 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 2024-2 3 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i), Section 2.5(f)(ii), Section 2.5(f)(iii) and Section 2.5(f)(iv), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 2024-2 3 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 2024-2 3 Rapid Amortization Period.
Appears in 1 contract
Sources: Amended and Restated Series 2024 3 Supplement (Avis Budget Group, Inc.)
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242022-2 5 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242022-2 5 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i), Section 2.5(f)(ii), Section 2.5(f)(iii) and Section 2.5(f)(iv), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242022-2 5 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242022-2 5 Rapid Amortization Period.
Appears in 1 contract
Sources: Amended and Restated Series 2022 5 Supplement (Avis Budget Group, Inc.)
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242020-2 1 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242020-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i), Section 2.5(f)(ii), Section 2.5(f)(iii2.5(e)(ii) and Section 2.5(f)(iv2.5(e)(iii), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242020-2 1 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242020-2 1 Rapid Amortization Period.
Appears in 1 contract
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242023-2 6 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242023-2 6 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i), Section 2.5(f)(ii), Section AMERICAS 130188168 56 2.5(f)(iii) and Section 2.5(f)(iv), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242023-2 6 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242023-2 6 Rapid Amortization Period.
Appears in 1 contract
Sources: Second Amended and Restated Series 2023 6 Supplement (Avis Budget Group, Inc.)
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242017-2 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242017-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i), Section 2.5(f)(ii), Section 2.5(f)(iii2.5(e)(ii) and Section 2.5(f)(iv2.5(e)(iii), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242017-2 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242017-2 Rapid Amortization Period.
Appears in 1 contract
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242023-2 7 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242023-2 7 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i), Section 2.5(f)(ii), Section 2.5(f)(iii) and Section 2.5(f)(iv), to the extent necessary to pay the Class R Controlled AMERICAS 128889412 57 Amortization Amount during the Series 20242023-2 7 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242023-2 7 Rapid Amortization Period.
Appears in 1 contract
Sources: Amended and Restated Series 2023 7 Supplement (Avis Budget Group, Inc.)
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242020-2 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242020-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i), Section 2.5(f)(ii), Section 2.5(f)(iii2.5(e)(ii) and Section 2.5(f)(iv2.5(e)(iii), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242020-2 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242020-2 Rapid Amortization Period.
Appears in 1 contract
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242025-2 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242025-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i), Section 2.5(f)(ii2.5(e)(ii), Section 2.5(f)(iii2.5(e)(iii) and Section 2.5(f)(iv2.5(e)(iv), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242025-2 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242025-2 Rapid Amortization Period.
Appears in 1 contract
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242023-2 1 Collection Account pursuant to Section AMERICAS 129834060 56 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242023-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i), Section 2.5(f)(ii), Section 2.5(f)(iii) and Section 2.5(f)(iv), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242023-2 1 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242023-2 1 Rapid Amortization Period.
Appears in 1 contract
Sources: Second Amended and Restated Series 2023 1 Supplement (Avis Budget Group, Inc.)
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242018-2 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242018-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i), Section 2.5(f)(ii), Section 2.5(f)(iii2.5(e)(ii) and Section 2.5(f)(iv2.5(e)(iii), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242018-2 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242018-2 Rapid Amortization Period.
Appears in 1 contract
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242020-2 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242020-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i), Section 2.5(f)(ii), Section 2.5(f)(iii) and Section 2.5(f)(iv), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242020-2 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242020-2 Rapid Amortization Period.
Appears in 1 contract
Sources: Amended and Restated Series 2020 2 Supplement (Avis Budget Group, Inc.)
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242018-2 1 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242018-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i), Section 2.5(f)(ii), Section 2.5(f)(iii2.5(e)(ii) and Section 2.5(f)(iv2.5(e)(iii), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242018-2 1 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242018-2 1 Rapid Amortization Period.
Appears in 1 contract
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242023-2 4 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242023-2 4 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i), Section 2.5(f)(ii), Section 2.5(f)(iii) and Section 2.5(f)(iv), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242023-2 4 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242023-2 4 Rapid Amortization Period.
Appears in 1 contract
Sources: Amended and Restated Series 2023 4 Supplement (Avis Budget Group, Inc.)
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242017-2 Collection Account pursuant to Section Section
2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242017-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i), Section 2.5(f)(ii), Section 2.5(f)(iii) and Section 2.5(f)(iv), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242017-2 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242017-2 Rapid Amortization Period.
Appears in 1 contract
Sources: Amended and Restated Series Supplement (Avis Budget Group, Inc.)
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242019-2 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242019-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i), Section 2.5(f)(ii), Section 2.5(f)(iii2.5(e)(ii) and Section 2.5(f)(iv2.5(e)(iii), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242019-2 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242019-2 Rapid Amortization Period.
Appears in 1 contract
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242023-2 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242023-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i), Section 2.5(f)(ii), Section 2.5(f)(iii) and Section 2.5(f)(iv), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242023-2 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242023-2 Rapid Amortization Period.
Appears in 1 contract
Sources: Second Amended and Restated Series 2023 2 Supplement (Avis Budget Group, Inc.)
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242021-2 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242021-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i), Section 2.5(f)(ii2.5(e)(ii), Section 2.5(f)(iii2.5(e)(iii) and Section 2.5(f)(iv2.5(e)(iv), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242021-2 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242021-2 Rapid Amortization Period.
Appears in 1 contract
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242019-2 3 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242019-2 3 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i), Section 2.5(f)(ii), Section 2.5(f)(iii) and Section 2.5(f)(iv), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242019-2 3 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242019-2 3 Rapid Amortization Period.
Appears in 1 contract
Sources: Amended and Restated Series 2019 3 Supplement (Avis Budget Group, Inc.)
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242023-2 1 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242023-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i), Section 2.5(f)(ii), Section 2.5(f)(iii2.5(e)(ii) and Section 2.5(f)(iv2.5(e)(iii), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242023-2 1 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242023-2 1 Rapid Amortization Period.
Appears in 1 contract
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242022-2 1 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242022-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i), Section 2.5(f)(ii2.5(e)(ii), Section 2.5(f)(iii2.5(e)(iii) and Section 2.5(f)(iv2.5(e)(iv), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242022-2 1 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242022-2 1 Rapid Amortization Period.
Appears in 1 contract
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242023-2 5 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242023-2 5 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i), Section 2.5(f)(ii), Section 2.5(f)(iii) and Section 2.5(f)(iv), to the extent necessary to pay the Class R Controlled 57 Amortization Amount during the Series 20242023-2 5 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242023-2 5 Rapid Amortization Period.
Appears in 1 contract
Sources: Amended and Restated Series 2023 5 Supplement (Avis Budget Group, Inc.)
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242023-2 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242023-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to 57 make the payments required pursuant to Section 2.5(f)(i), Section 2.5(f)(ii), Section 2.5(f)(iii) and Section 2.5(f)(iv), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242023-2 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242023-2 Rapid Amortization Period.
Appears in 1 contract
Sources: Amended and Restated Series 2023 2 Supplement (Avis Budget Group, Inc.)
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242018-2 Collection Account pursuant to Section 2.5(aSection
(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242018-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i), Section 2.5(f)(ii), Section 2.5(f)(iii) and Section 2.5(f)(iv), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242018-2 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242018-2 Rapid Amortization Period.
Appears in 1 contract
Sources: Amended and Restated Series 2018 2 Supplement (Avis Budget Group, Inc.)
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242023-2 4 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242023-2 4 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i), Section 2.5(f)(ii), Section 2.5(f)(iii) and Section 2.5(f)(iv), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242023-2 4 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242023-2 4 Rapid Amortization Period.. AMERICAS 130188167 56
Appears in 1 contract
Sources: Second Amended and Restated Series 2023 4 Supplement (Avis Budget Group, Inc.)
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 2024-2 3 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 2024-2 3 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i), Section 2.5(f)(ii), Section 2.5(f)(iii2.5(e)(ii) and Section 2.5(f)(iv2.5(e)(iii), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 2024-2 3 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 2024-2 3 Rapid Amortization Period.
Appears in 1 contract
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 2024-2 1 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 2024-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i), Section 2.5(f)(ii), Section 2.5(f)(iii) and Section 2.5(f)(iv), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 2024-2 1 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 2024-2 1 Rapid Amortization Period.
Appears in 1 contract
Sources: Amended and Restated Series 2024 1 Supplement (Avis Budget Group, Inc.)
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242023-2 7 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242023-2 7 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i), Section 2.5(f)(ii), Section 2.5(f)(iii2.5(e)(ii) and Section 2.5(f)(iv2.5(e)(iii), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242023-2 7 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242023-2 7 Rapid Amortization Period.
Appears in 1 contract
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242019-2 3 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242019-2 3 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i), Section 2.5(f)(ii), Section 2.5(f)(iii2.5(e)(ii) and Section 2.5(f)(iv2.5(e)(iii), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242019-2 3 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242019-2 3 Rapid Amortization Period.
Appears in 1 contract
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242019-2 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242019-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i), Section 2.5(f)(ii), Section 2.5(f)(iii) and Section 2.5(f)(iv), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242019-2 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242019-2 Rapid Amortization Period.
Appears in 1 contract
Sources: Amended and Restated Series 2019 2 Supplement (Avis Budget Group, Inc.)
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242023-2 7 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242023-2 7 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i), Section 2.5(f)(ii), Section 2.5(f)(iii) and Section 2.5(f)(iv), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242023-2 7 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242023-2 7 Rapid Amortization Period.
Appears in 1 contract
Sources: Second Amended and Restated Series 2023 7 Supplement (Avis Budget Group, Inc.)
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242023-2 5 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242023-2 5 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i), Section 2.5(f)(ii), Section 2.5(f)(iii) and Section 2.5(f)(iv), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242023-2 5 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242023-2 5 Rapid Amortization Period.
Appears in 1 contract
Sources: Second Amended and Restated Series 2023 5 Supplement (Avis Budget Group, Inc.)
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 2024-2 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 2024-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i), Section 2.5(f)(ii), Section 2.5(f)(iii2.5(e)(ii) and Section 2.5(f)(iv2.5(e)(iii), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 2024-2 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 2024-2 Rapid Amortization Period.
Appears in 1 contract
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242017-2 1 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242017-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i), Section 2.5(f)(ii), Section 2.5(f)(iii2.5(e)(ii) and Section 2.5(f)(iv2.5(e)(iii), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242017-2 1 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242017-2 1 Rapid Amortization Period.
Appears in 1 contract
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242021-2 1 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242021-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i), Section 2.5(f)(ii2.5(e)(ii), Section 2.5(f)(iii2.5(e)(iii) and Section 2.5(f)(iv2.5(e)(iv), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242021-2 1 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242021-2 1 Rapid Amortization Period.
Appears in 1 contract
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242025-2 3 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242025-2 3 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i), Section 2.5(f)(ii2.5(e)(ii), Section 2.5(f)(iii2.5(e)(iii) and Section 2.5(f)(iv2.5(e)(iv), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242025-2 3 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242025-2 3 Rapid Amortization Period.
Appears in 1 contract
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 2024-2 1 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 2024-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i), Section 2.5(f)(ii), Section 2.5(f)(iii2.5(e)(ii) and Section 2.5(f)(iv2.5(e)(iii), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 2024-2 1 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 2024-2 1 Rapid Amortization Period.
Appears in 1 contract
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242023-2 1 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242023-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i), Section 2.5(f)(ii), Section 2.5(f)(iii) and Section 2.5(f)(iv), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242023-2 1 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242023-2 1 Rapid Amortization Period.
Appears in 1 contract
Sources: Amended and Restated Series 2023 1 Supplement (Avis Budget Group, Inc.)
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242023-2 5 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242023-2 5 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i2.5(e)(i), Section 2.5(f)(ii), Section 2.5(f)(iii2.5(e)(ii) and Section 2.5(f)(iv2.5(e)(iii), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242023-2 5 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242023-2 5 Rapid Amortization Period.
Appears in 1 contract
Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20242023-2 8 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20242023-2 8 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i), Section 2.5(f)(ii), Section 2.5(f)(iii) and Section 2.5(f)(iv), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20242023-2 8 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20242023-2 8 Rapid Amortization Period.. AMERICAS 130188170 56
Appears in 1 contract
Sources: Second Amended and Restated Series 2023 8 Supplement (Avis Budget Group, Inc.)