Avis 2006 Annual Report Download - page 307

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Exhibit 10.30(b)
FIRST AMENDMENT TO AMENDED AND RESTATED MASTER MOTOR VEHICLE
FINANCE LEASE AGREEMENT
This FIRST AMENDMENT TO THE AMENDED AND RESTATED MASTER MOTOR VEHICLE FINANCE LEASE
AGREEMENT (this “ Amendment ”), dated as of December 23, 2005, amends the Amended and Restated Master Motor Vehicle Finance
Lease Agreement (the “ Finance Lease ”), dated as of June 3, 2004, by and among AESOP LEASING L.P., a Delaware limited partnership, as
lessor (the “ Lessor ”), CENDANT CAR RENTAL GROUP, INC., a Delaware corporation (“ CCRG ”), as a lessee (in such capacity, a
Lessee ), as administrator (in such capacity, the “ Administrator ”) and as guarantor (in such capacity, the “ Finance Lease Guarantor ”),
AVIS
RENT A CAR SYSTEM, INC. (“ ARAC ”), a Delaware corporation, as a lessee (in such capacity, a “ Lessee ”) and BUDGET RENT A CAR
SYSTEM, INC. (“ BRAC ”), a Delaware corporation, as a lessee (in such capacity, a “ Lessee ” and together, with CCRG and ARAC, in their
capacities as lessees, the “ Lessees ”).
Unless otherwise specified herein, capitalized terms used herein shall have the meanings ascribed to such
terms in (i) the Definitions List attached as Schedule I to the Second Amended and Restated Base Indenture, dated as of June 3, 2004, as
amended (the “ Base Indenture ”), between Cendant Rental Car Funding (AESOP) LLC (“ CRCF ”), as Issuer, and The Bank of New York, as
Trustee, as such Definitions List may from time to time be amended in accordance with the terms of the Base Indenture or the Finance Lease,
as applicable.
W I T N E S S E T H :
WHEREAS, pursuant to Section 29 of the Finance Lease, the Finance Lease may be amended with an agreement in writing signed
by the Lessor, the Finance Lease Guarantor and each Lessee and consented to in writing by CRCF, as lender (in such capacity, the “ Lender ”)
and the Trustee;
WHEREAS, the parties desire to amend the Finance Lease to reflect a change in the maximum term certain vehicles may be leased
by a Lessee pursuant to the Finance Lease from eighteen (18) to thirty-six (36) months; and
WHEREAS, the Lessor has requested the Trustee and the Lender to, and, upon this Amendment becoming effective, the Lessor, the
Lender and the Trustee have agreed to, amend certain provisions of the Finance Lease as set forth herein;
NOW, THEREFORE, it is agreed:
1. Section 2.6(a)(ii) and Sections 3.1(a) and (b) of the Finance Lease are hereby amended such that all references therein to
“eighteen (18) months” shall hereby be replaced with “thirty-six (36) months.”
2. This Amendment is limited as specified and, except as expressly stated herein, shall not constitute a modification, acceptance or
waiver of any other provision of the Finance Lease.