Avis 2006 Annual Report Download - page 140

“ Series 2005-2 Maximum Mitsubishi Amount ” means, as of any day, an amount equal to 10% of the aggregate Net Book Value of
all Vehicles leased under the Leases on such day.
“ Series 2005-2 Maximum Non-Eligible Manufacturer Amount ” means, as of any day, an amount equal to 3% of the aggregate Net
Book Value of all Vehicles leased under the Leases on such day.
“ Series 2005-2 Maximum Non-Program Vehicle Amount ” means, as of any day, an amount equal to the Series 2005-2 Maximum
Non
-Program Vehicle Percentage of the aggregate Net Book Value of all Vehicles leased under the Leases on such day.
“ Series 2005-2 Maximum Non-Program Vehicle Percentage ” means 25% or such lesser percentage as may be agreed to in writing
by CRCF and the Surety Provider on or after the Series 2005-2 Closing Date, with prompt written notice thereof delivered by CRCF to the
Trustee.
“ Series 2005-2 Maximum Specified States Amount ” means, as of any day, an amount equal to 7.5% of the aggregate Net Book
Value of all Vehicles leased under the Leases on such day.
“ Series 2005-2 Monthly Interest ” means, with respect to any Series 2005-2 Interest Period, an amount equal to the product of
(A) the Series 2005-2 Invested Amount on the first day of such Series 2005-2 Interest Period, after giving effect to any principal payments
made on such date, (B) the Series 2005-2 Note Rate for such Series 2005-2 Interest Period and (C) the number of days in such Series 2005-2
Interest Period divided by 360.
“ Series 2005-2 Monthly Lease Principal Payment Deficit ” means, on any Distribution Date, an amount equal to the excess, if any,
of (a) the aggregate amount of Principal Collections which pursuant to Section 2.2(a), (b), (c) or (d) would have been allocated to the Series
2005-2 Collection Account if all payments required to have been made under the Leases from and excluding the preceding Distribution Date to
and including such Distribution Date were made in full over (b) the aggregate amount of Principal Collections which pursuant to Section 2.2
(a), (b), (c) or (d) have been allocated to the Series 2005-2 Collection Account (without giving effect to any amounts paid into the Series 2005-
2 Accrued Interest Account pursuant to the proviso in Sections 2.2(c)(ii) and/or 2.2(d)(ii)) from and excluding the preceding Distribution Date
to and including such Distribution Date.
“ Series 2005-2 Non-Program Vehicle Percentage ” means, as of any date of determination, a fraction, expressed as a percentage,
the numerator of which is the aggregate Net Book Value of all Non-Program Vehicles leased under the AESOP I Operating Lease as of such
date and the denominator of which is the aggregate Net Book Value of all Vehicles leased under the AESOP I Operating Lease as of such date.
“ Series 2005-2 Noteholder ” means the Person in whose name a Series 2005-2 Note is registered in the Note Register.
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