Avis 2009 Annual Report Download - page 215

an Event of Bankruptcy with respect to ABCR, any other Lessee or any Permitted Sublessee, the Administrator will direct the Trustee in writing
pursuant to the Administration Agreement to allocate, prior to 11:00 a.m. (New York City time) on any Series 2009-3 Deposit Date, all amounts
deposited into the Collection Account as set forth below:
(i) allocate to the Series 2009-3 Collection Account an amount determined as set forth in Section 3.2(a)(i) above for such day,
which amount shall be further allocated to the Series 2009-3 Accrued Interest Account; and
(ii) allocate to the Series 2009-3 Collection Account an amount equal to the Series 2009-3 Principal Allocation for such day,
which amount shall be used to make principal payments in respect of the Series 2009-3 Notes, ratably, without preference or priority
of any kind, until the Series 2009-3 Invested Amount is paid in full; provided that if on any Determination Date (A) the
Administrator determines that the amount anticipated to be available from Interest Collections allocable to the Series 2009-3 Notes,
Series 2009-3 Interest Rate Cap Proceeds and other amounts available pursuant to Section 3.3 to pay Series 2009-3 Monthly Interest
and the Commitment Fees on the next succeeding Distribution Date will be less than the Series 2009-3 Monthly Interest and
Commitment Fees for the Series 2009-3 Interest Period ending on the day preceding such Distribution Date and (B) the Series 2009-
3 Enhancement Amount is greater than zero, then the Administrator shall direct the Trustee in writing to reallocate a portion of the
Principal Collections allocated to the Series 2009-3 Notes during the Related Month equal to the lesser of such insufficiency and the
Series 2009-3 Enhancement Amount to the Series 2009-3 Accrued Interest Account to be treated as Interest Collections on such
Distribution Date.
(c) Allocations of Collections after the Occurrence of an Event of Bankruptcy . After the occurrence of an Event of Bankruptcy with
respect to ARAC, any other Lessee or any Permitted Sublessee, the Administrator will direct the Trustee in writing pursuant to the
Administration Agreement to allocate, prior to 11:00 a.m. (New York City time) on any Series 2009-3 Deposit Date, all amounts deposited into
the Collection Account as set forth below:
(i) allocate to the Series 2009-3 Collection Account an amount equal to the sum of (A) the Series 2009-3 AESOP I Operating
Lease Vehicle Percentage as of the date of the occurrence of such Event of Bankruptcy of the aggregate amount of Interest
Collections made under the AESOP I Operating Lease Loan Agreement and (B) any Series 2009-3 Interest Rate Cap Proceeds
received by the Trustee on such day. All such amounts allocated to the Series 2009-3 Collection Account shall be further allocated to
the Series 2009-3 Accrued Interest Account; and
(ii) allocate to the Series 2009-3 Collection Account an amount equal to the Series 2009-3 AESOP I Operating Lease Vehicle
Percentage as of the date of the occurrence of such Event of Bankruptcy of the aggregate amount of
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