Avis 2010 Annual Report Download - page 300

respect of the Series 2006-1 Interest Rate Hedges. All such amounts allocated to the Series 2006-1 Collection Account shall be further
allocated to the Series 2006-1 Accrued Interest Account; and
(ii) allocate to the Series 2006-1 Principal Subaccount the sum of (A) the Series 2006-1 Invested Percentage (as of such day) of the
aggregate amount of Principal Collections deposited to the Group I Collection Account on such day and (B) the proceeds from the issuance
of the Series 2006-1 Notes and from any Increase; 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 2006-1 Notes, Series 2006-1 Interest Rate Hedge
Proceeds and other amounts available pursuant to Section 5.3 to pay Series 2006-1 Monthly Interest and any unpaid Series 2006-1
Shortfall with respect to the Series 2006-1 Interest Period ending on the day preceding the next succeeding Distribution Date and any
Series 2006-1 Interest Rate Hedge Payments due on such Distribution Date will be less than the sum of such Series 2006-1 Monthly
Interest, such Series 2006-1 Shortfall and such Series 2006-1 Interest Rate Hedge Payments and (B) the Series 2006-1 Enhancement
Amount is greater than zero, the Administrator shall direct the Trustee in writing to reallocate a portion of the Principal Collections
allocated to the Series 2006-1 Notes during the Related Month equal to the lesser of such insufficiency and the Series 2006-
1 Enhancement
Amount to the Series 2006-1 Accrued Interest Account to be treated as Interest Collections allocable to the Series 2006-1 Notes on such
Distribution Date.
(b) Series 2006-1 Principal Subaccount . If on any Business Day the Series 2006-1 Available Reserve Account Amount is less than
the Series 2006-1 Required Reserve Account Amount prior to the occurrence of an Amortization Event with respect to the Series 2006-1 Notes,
the Administrator shall instruct the Trustee in writing to withdraw funds in an amount equal to such insufficiency from the Series 2006-1
Principal Subaccount and deposit such amount into the Series 2006-1 Reserve Account. On each Business Day following the occurrence of a
Series 2006-1 Partial Commitment Termination and prior to the occurrence of the Series 2006-1 Commitment Termination Date or an
Amortization Event with respect to the Series 2006-1 Notes, the Administrator shall direct the Trustee to, and the Trustee shall, as so directed by
the Administrator, withdraw the Series 2006-1 Partial Commitment Termination Percentage of funds on deposit in the Series 2006-1 Principal
Subaccount, deposit such amounts in the Series 2006-1 Distribution Account and use such amounts to make payments to the Series 2006-1
Terminating Purchasers on the immediately succeeding Distribution Date in respect of the Series 2006-1 Notes held by such Series 2006-1
Terminating Purchasers until the principal amount of such Series 2006-1 Notes is reduced to zero in accordance with Section 5.5(e). Amounts
allocated to the Series 2006-1 Principal Subaccount during any Related Month and not applied to make a voluntary Decrease in the Series 2006-
1 Invested Amount pursuant to Section 3.5 or withdrawn for payment to the Series 2006-1 Terminating Purchasers pursuant to this Section 5.2
(b) shall be withdrawn from the Series 2006-1 Principal Subaccount, deposited in the Series 2006-1 Distribution Account on the immediately
succeeding Distribution Date and used to make principal payments in respect of the Series 2006-1 Notes ratably, without preference of
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