Avis 2006 Annual Report Download - page 238

TABLE OF CONTENTS
(i)
Page
1.
DEFINITIONS.
2
2.
GENERAL AGREEMENT.
2
2.1.
Lease and Acquisition of Vehicles.
5
2.2.
Right of Lessees and Finance Lease Guarantor to Act as Lessor
’
s Agent.
6
2.3.
Payment of Capitalized Cost by Lessor.
6
2.4.
Non
-
Liability of Lessor.
6
2.5.
Lessees
’
Rights to Purchase Vehicles.
7
2.6.
Lessor
’
s Right to Cause Vehicles to be Sold
8
2.7.
Redesignation of Vehicles.
9
2.8.
Vehicle Purchase Surplus Amount Payments.
10
2.9.
Limitations on the Acquisition or Redesignation of Certain Vehicles.
10
2.10.
Certain Agreements Respecting the Master Exchange Agreement.
11
3.
TERM.
11
3.1.
Vehicle Term.
11
3.2.
Term.
12
4.
RENT AND CHARGES.
12
4.1.
Payment of Rent.
12
4.2.
Special Service Charges.
13
4.3.
Net Lease.
13
5.
INSURANCE.
14
5.1.
Personal Injury and Damage.
14
5.2.
Delivery of Certificate of Insurance.
14
5.3.
Changes in Insurance Coverage.
14
6.
RISK OF LOSS; CASUALTY AND INELIGIBLE VEHICLE OBLIGATIONS.
15
6.1.
Risk of Loss Borne by Lessees.
15
6.2.
Casualty; Ineligible Vehicles.
15
7.
VEHICLE USE.
15
8.
LIENS.
16
9.
NON
-
DISTURBANCE.
17
10.
REGISTRATION; LICENSE; TRAFFIC SUMMONSES; PENALTIES AND FINES.
17
11.
MAINTENANCE AND REPAIRS.
18