Common use of Principal Deficit Amount Clause in Contracts

Principal Deficit Amount. On each Distribution Date on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 2015-3 Distribution Account as follows:

Appears in 5 contracts

Sources: Fourth Amended and Restated Series 2015 3 Supplement (Avis Budget Group, Inc.), Third Amended and Restated Series 2015 3 Supplement (Avis Budget Group, Inc.), Second Amended and Restated Series 2015 3 Supplement (Avis Budget Group, Inc.)

Principal Deficit Amount. On each Distribution Date on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20152010-3 6 Distribution Account as follows:

Appears in 5 contracts

Sources: Sixth Amended and Restated Series 2010 6 Supplement (Avis Budget Group, Inc.), Fifth Amended and Restated Series 2010 6 Supplement (Avis Budget Group, Inc.), Fourth Amended and Restated Series 2010 6 Supplement (Avis Budget Group, Inc.)

Principal Deficit Amount. On each Distribution Date on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20152004-3 4 Distribution Account as follows:

Appears in 2 contracts

Sources: Series 2004 4 Supplement (Cendant Corp), Series 2004 4 Supplement (Cendant Corp)

Principal Deficit Amount. On each Distribution Date on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20152004-3 1 Distribution Account as follows:

Appears in 2 contracts

Sources: Second Amended and Restated Series 2004 1 Supplement (Cendant Corp), Amended and Restated Series 2004 1 Supplement (Cendant Corp)

Principal Deficit Amount. On each Distribution Date on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20152009-3 Distribution Account as follows:

Appears in 1 contract

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

Principal Deficit Amount. On each Distribution Date on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20152005-3 Distribution Account as follows:

Appears in 1 contract

Sources: Series Supplement (Cendant Corp)

Principal Deficit Amount. On each Distribution Date Date, other than the Series 2019-3 Final Distribution Date, on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20152019-3 Distribution Account as follows:

Appears in 1 contract

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

Principal Deficit Amount. On each Distribution Date Date, other than the Series 2025-3 Final Distribution Date, on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20152025-3 Distribution Account as follows:

Appears in 1 contract

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

Principal Deficit Amount. On each Distribution Date Date, other than the Series 2023-3 Final Distribution Date, on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series 20152023-3 Distribution Account as follows:

Appears in 1 contract

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