Common use of Payments to Noteholders Clause in Contracts

Payments to Noteholders. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section 2.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 2023-3 Notes. (a) Note Interest with Respect to the Series 2023-3

Appears in 3 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.), Series Supplement (Avis Budget Group, Inc.)

Payments to Noteholders. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section 2.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 2023-3 1 Notes. (a) Note Interest with Respect to the Series 2023-31

Appears in 3 contracts

Sources: Second Amended and Restated Series 2023 1 Supplement (Avis Budget Group, Inc.), Amended and Restated Series 2023 1 Supplement (Avis Budget Group, Inc.), Series Supplement (Avis Budget Group, Inc.)

Payments to Noteholders. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section 2.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 20232024-3 2 Notes. (a) Note Interest with Respect to the Series 20232024-32

Appears in 3 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.), Series Supplement (Avis Budget Group, Inc.)

Payments to Noteholders. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section 2.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 20232024-3 1 Notes. (a) Note Interest with Respect to the Series 2023-3

Appears in 2 contracts

Sources: Amended and Restated Series 2024 1 Supplement (Avis Budget Group, Inc.), Series Supplement (Avis Budget Group, Inc.)

Payments to Noteholders. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section 2.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 20232013-3 1 Notes. (a) Note Interest with Respect to the Series 20232013-31

Appears in 2 contracts

Sources: Amended and Restated Series 2013 1 Supplement (Avis Budget Group, Inc.), Series Supplement (Avis Budget Group, Inc.)

Payments to Noteholders. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section 2.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 20232022-3 5 Notes. (a) Note Interest with Respect to the Series 20232022-35

Appears in 2 contracts

Sources: Amended and Restated Series 2022 5 Supplement (Avis Budget Group, Inc.), Series Supplement (Avis Budget Group, Inc.)

Payments to Noteholders. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section 2.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 20232024-3 Notes. (a) Note Interest with Respect to the Series 20232024-3

Appears in 2 contracts

Sources: Amended and Restated Series 2024 3 Supplement (Avis Budget Group, Inc.), Series Supplement (Avis Budget Group, Inc.)

Payments to Noteholders. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section 2.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 20232016-3 2 Notes. (a) Note Interest with Respect to the Series 2023-3

Appears in 1 contract

Sources: Series Supplement (Avis Budget Group, Inc.)

Payments to Noteholders. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section 2.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 20232014-3 1 Notes. (a) Note Interest with Respect to the Series 2023-3

Appears in 1 contract

Sources: Series Supplement (Avis Budget Group, Inc.)

Payments to Noteholders. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section 2.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 20232014-3 2 Notes. (a) Note Interest with Respect to the Series 20232014-32

Appears in 1 contract

Sources: Series Supplement (Avis Budget Group, Inc.)

Payments to Noteholders. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Group II Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Group II Collection Account pursuant to Section 2.3(aSections 4.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 20232010-3 1 Notes. (a) Note Interest with Respect respect to the Series 20232010-31

Appears in 1 contract

Sources: Series 2010 1 Supplement (Avis Budget Group, Inc.)

Payments to Noteholders. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section 2.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 20232018-3 1 Notes. (a) Note Interest with Respect to the Series 20232018-31

Appears in 1 contract

Sources: Series Supplement (Avis Budget Group, Inc.)

Payments to Noteholders. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section 2.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 20232009-3 2 Notes. (a) Note Interest with Respect to the Series 20232009-32

Appears in 1 contract

Sources: Series Supplement (Avis Budget Group, Inc.)

Payments to Noteholders. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section 2.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 20232019-3 Notes. (a) Note Interest with Respect to the Series 2023-3

Appears in 1 contract

Sources: Series Supplement (Avis Budget Group, Inc.)

Payments to Noteholders. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section Sections 2.3(a) and (g) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 20231997-3 1 Notes. (a) Note Interest with Respect to the Series 2023-3

Appears in 1 contract

Sources: Series Supplement (Avis Group Holdings Inc)

Payments to Noteholders. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section 2.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 20232012-3 Notes. (a) Note Interest with Respect to the Series 2023-3

Appears in 1 contract

Sources: Series Supplement (Avis Budget Group, Inc.)

Payments to Noteholders. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section 2.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 2023-3 5 Notes. (a) Note Interest with Respect to the Series 2023-3

Appears in 1 contract

Sources: Amended and Restated Series 2023 5 Supplement (Avis Budget Group, Inc.)

Payments to Noteholders. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section Sections 2.3(a) and (g) below in respect of all funds available from Series 2001-1 Interest Rate Cap Proceeds and Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 20232001-3 1 Notes. (a) Note Interest with Respect to the Series 2023-3

Appears in 1 contract

Sources: Amended and Restated Series 2001 1 Supplement (Avis Group Holdings Inc)

Payments to Noteholders. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section 2.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 20232022-3 1 Notes. (a) Note Interest with Respect to the Series 2023-3

Appears in 1 contract

Sources: Series 2022 1 Supplement (Avis Budget Group, Inc.)

Payments to Noteholders. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section 2.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 20232015-3 1 Notes. (a) Note Interest with Respect to the Series 2023-3

Appears in 1 contract

Sources: Series Supplement (Avis Budget Group, Inc.)

Payments to Noteholders. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section 2.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 20232011-3 1 Notes. (a) Note Interest with Respect to the Series 2023-3

Appears in 1 contract

Sources: Series Supplement (Avis Budget Group, Inc.)

Payments to Noteholders. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section 2.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 20232016-3 1 Notes. (a) Note Interest with Respect to the Series 2023-3

Appears in 1 contract

Sources: Series Supplement (Avis Budget Group, Inc.)

Payments to Noteholders. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section 2.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 20232025-3 1 Notes. (a) Note Interest with Respect to the Series 20232025-31

Appears in 1 contract

Sources: Series 2025 1 Supplement (Avis Budget Group, Inc.)

Payments to Noteholders. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section 2.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 20232009-3 1 Notes. (a) Note Interest with Respect to the Series 20232009-31

Appears in 1 contract

Sources: Series 2009 1 Supplement (Avis Budget Group, Inc.)

Payments to Noteholders. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section 2.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 20232010-3 2 Notes. (a) Note Interest with Respect to the Series 20232010-32

Appears in 1 contract

Sources: Series Supplement (Avis Budget Group, Inc.)

Payments to Noteholders. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section 2.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 20232020-3 1 Notes. (a) Note Interest with Respect to the Series 2023-3

Appears in 1 contract

Sources: Amended and Restated Series 2020 1 Supplement (Avis Budget Group, Inc.)

Payments to Noteholders. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section 2.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 20232017-3 1 Notes. (a) Note Interest with Respect to the Series 2023-3

Appears in 1 contract

Sources: Series Supplement (Avis Budget Group, Inc.)

Payments to Noteholders. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section 2.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 20232018-3 1 Notes. (a) Note Interest with Respect to the Series 2023-3

Appears in 1 contract

Sources: Amended and Restated Series Supplement (Avis Budget Group, Inc.)

Payments to Noteholders. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section 2.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 20232010-3 4 Notes. (a) Note Interest with Respect to the Series 20232010-34

Appears in 1 contract

Sources: Series Supplement (Avis Budget Group, Inc.)

Payments to Noteholders. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section 2.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 20232012-3 1 Notes. (a) Note Interest with Respect to the Series 2023-3

Appears in 1 contract

Sources: Series Supplement (Avis Budget Group, Inc.)

Payments to Noteholders. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section 2.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 20232019-3 2 Notes. (a) Note Interest with Respect to the Series 2023-3

Appears in 1 contract

Sources: Series 2019 2 Supplement (Avis Budget Group, Inc.)

Payments to Noteholders. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section 2.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 20232012-3 2 Notes. (a) Note Interest with Respect to the Series 2023-3

Appears in 1 contract

Sources: Series Supplement (Avis Budget Group, Inc.)

Payments to Noteholders. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section 2.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 20232011-3 Notes. (a) Note Interest with Respect to the Series 2023-3

Appears in 1 contract

Sources: Series Supplement (Avis Budget Group, Inc.)

Payments to Noteholders. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section 2.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 20232017-3 2 Notes. (a) Note Interest with Respect to the Series 2023-3

Appears in 1 contract

Sources: Amended and Restated Series Supplement (Avis Budget Group, Inc.)

Payments to Noteholders. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section Sections 2.3(a) below in respect of all funds available from Series 2002-1 Interest Rate Cap Proceeds and Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 20232002-3 1 Notes. (a) Note Interest with Respect to the Series 2023-3

Appears in 1 contract

Sources: Series 2002 1 Supplement (Avis Group Holdings Inc)