Dollar Rent A Car 2011 Annual Report Download - page 126

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AMENDMENT NO. 2
TO SERIES 2011-2 SUPPLEMENT
This Amendment No. 2 to Series 2011-2 Supplement dated as of February 23, 2012 (“ Amendment”), between Rental Car Finance Corp.,
an Oklahoma corporation (“RCFC”), and Deutsche Bank Trust Company Americas, a New York banking corporation, as Trustee (the “Trustee”) (RCFC
and the Trustee are collectively referred to herein as the “Parties”).
RECITALS:
A. RCFC, as Issuer, and the Trustee entered into that certain Amended and Restated Base Indenture dated as of February 14, 2007
(the “Base Indenture”);
B. RCFC and the Trustee entered into that certain Series 2011-2 Supplement dated as of October 26, 2011 (the “ Series 2011-2
Supplement”);
C. RCFC and the Trustee entered into that certain Amendment No. 1 to Series 2011-2 Supplement dated as of February 16, 2012 (
“Amendment No. 1”); and
D. The Parties wish to amend and supplement the Series 2011-2 Supplement as provided herein pursuant to Section 8.7(a) thereof
and Section 11.1 of the Base Indenture.
NOW THEREFORE, the Parties hereto agree as follows:
1. Definitions. Capitalized terms used in this Amendment not herein defined shall have the meaning contained in the Series 2011-2 Supplement and
if not defined therein shall have the meaning set forth in the Definitions List attached as Schedule 1 to the Base Indenture.
2. Amendment. The Series 2011-2 Supplement is hereby amended as follows:
(a) Section 4.16(a)(ii)(B) is hereby amended by deleting the words “if the short-term debt credit ratings with respect to such substitute credit
enhancement, if applicable, are less than “P-1” or the equivalent from Moody’s and, if rated by DBRS, the equivalent rating from DBRS” and replacing them
with “if the short-term debt credit ratings with respect to such substitute credit enhancement, if applicable, are less than “P-1” or the equivalent from Moody’s
or, if rated by DBRS, the equivalent rating from DBRS”; and
(b) The first sentence of Section 4.16(b) is hereby amended by deleting the words “the short-term debt credit rating of the Series 2011-2
Letter of Credit Provider has fallen below “P-1” from Moody’s and, if rated by DBRS, the equivalent rating from DBRS” and replacing them with “the short-
term debt credit rating of the Series 2011-2 Letter of Credit Provider has fallen below “P-1” from Moody’s or, if rated by DBRS, the equivalent rating from
DBRS”.
3. Effect of Amendment. Except as expressly set forth herein, this Amendment shall not by implication or otherwise limit, impair, constitute a
waiver of, or otherwise affect the rights and remedies of any of the Parties hereto under the Series 2011-2 Supplement, nor alter, modify, amend or in any way
affect any of the terms, conditions, obligations, covenants or agreements contained in the Series 2011-2 Supplement,