Avis 2006 Annual Report Download - page 292

32.3. Liens .
Create or permit to exist any Lien with respect to any Vehicle leased by such Lessee hereunder now or hereafter existing or
acquired, except for Permitted Liens.
32.4. Use of Vehicles .
Use or allow the Vehicles to be used (i) in any manner that would make such Vehicles that are Program Vehicles ineligible for
repurchase under an Eligible Manufacturer Program, (ii) for any illegal purposes or (iii) in any manner that would subject the Vehicles to
confiscation.
32.5. Termination of Agreement .
Allow this Agreement to terminate prior to the termination of each other Lease.
32.6. Sublease Amendment .
No Lessee shall amend, modify, supplement or waive any provision, or permit the amendment, modification, supplementation or
waiver of any provision, of a Sublease without the prior written consent of the Lessor, the Trustee, each Enhancement Provider and the
Required Noteholders of each Series of Notes which are entitled to be allocated Collections made under this Agreement following an Event of
Bankruptcy in respect of CCRG or any other Lessee.
33. ADMINISTRATOR ACTING AS AGENT OF THE LESSOR .
The parties to this Agreement acknowledge and agree that CCRG shall act as Administrator and, in such capacity, as the agent for
the Lessor, for purposes of performing certain duties of the Lessor under this Agreement and the Related Documents. As compensation for the
Administrator’s performance of such duties, the Lessor shall pay to the Administrator on each Payment Date (i) the portion of the Monthly
Administration Fee payable by the Lessor pursuant to the Administration Agreement and (ii) the reasonable costs and expenses of the
Administrator incurred by it as a result of arranging for the sale of Vehicles returned to the Lessor in accordance with Section 2.6(b) or as a
result of a Vehicle Return Default and sold to third parties; provided , however , that such costs and expenses shall only be payable to the
Administrator to the extent of any excess of the sale price received by the Lessor for any such Vehicle over the Termination Value thereof.
34. NO PETITION .
Each of the Finance Lease Guarantor, the Lessees and the Administrator hereby covenants and agrees that, prior to the date which is
one year and one day after the payment in full of all of the Notes, it will not institute against, or join any other Person in instituting against, the
Lessor, Original AESOP, AESOP Leasing II, Quartx, PVHC, the Intermediary or CRCF any bankruptcy, reorganization, arrangement,
insolvency or liquidation proceedings or other similar proceeding (including, without limitation, any such action or proceeding against the
Lessor as a result of non-payment (or alleged non-payment) with respect to the Vehicle Purchase Surplus Amount due pursuant to Section 2.8
hereof) under the laws of the United States or any state of
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