Avis 2006 Annual Report Download - page 218

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SECTION 13.4. Taxes . AESOP Leasing agrees to pay, and to save the Trustee and the Lender harmless from all liability for, any
document, stamp, filing, recording, mortgage or other taxes (other than net income taxes of the Lender) which may be payable in connection
with the borrowings hereunder or the execution, delivery, recording or filing of this Agreement or of any other instruments or documents
provided for herein or delivered or to be delivered hereunder or in connection herewith. All obligations provided for in this Section 13.4 shall
survive any termination of this Agreement.
SECTION 13.5. Indemnification . In consideration of the Lender’s execution and delivery of this Agreement and the Lender’s
extension of the Loan Commitment, AESOP Leasing hereby agrees to:
(a) indemnify, exonerate and hold the Lender and its officers, directors, stockholders, employees, and agents (herein collectively
called “ Lender Parties ” and individually called a “ Lender Party ”) free and harmless from and against any and all claims, demands, actions,
causes of action, suits, losses, costs, charges, liabilities, damages, and expenses in connection therewith (irrespective of whether such Lender
Party is a party to the action for which indemnification hereunder is sought), and including, without limitation, reasonable attorneys’ fees and
disbursements (called in this paragraph the “ Indemnified Liabilities ”), incurred by Lender Parties or any of them as a result of, or arising out
of, or relating to (i) any transaction financed or to be financed in whole or in part, directly or indirectly, with the proceeds of any Loan made
hereunder or involving any Loan made hereunder, or (ii) the execution, delivery, performance or enforcement of this Agreement and any
instrument, document or agreement executed pursuant hereto by any of the Lender Parties, or (iii) the ownership, operation,
-
33
-
6 Sylvan Way
Parsippany, NJ 07054
Telephone: (973) 496
-
5000
Fax: (973) 494
-
5852
BORROWER
:
AESOP Leasing L.P.
c/o Lord Securities Corporation
48 Wall Street
New York, New York 10005
Attention: Benjamin B. Abedine
Telephone: (212) 346
-
9019
Fax: (212) 346
-
9012
With a copy to:
Cendant Car Rental Group, Inc., as Administrator
6 Sylvan Way
Parsippany, NJ 07054
Telephone: (973) 496
-
5000
Fax: (973) 494
-
5852