Avis 2008 Annual Report Download - page 258

7. From and after the Amendment Date, (i) all references to the Series 2005-2 Supplement shall be deemed to be references to the
Series 2005-2 Supplement as amended hereby, (ii) the Series 2005-2 Supplement, as amended hereby, shall remain in full force and effect and
(iii) this Amendment shall constitute a Transaction Document as defined in the Insurance Agreement.
8. ABRCF hereby reaffirms that each of the representations and warranties of ABRCF in the Transaction Documents that are
qualified by materiality or by material adverse effect are true and correct, and that each of the representations and warranties of ABRCF in the
Transaction Documents that are not qualified by materiality or by material adverse effect are true and correct in all material respects, in each case
on and as of the date hereof as if made on the date hereof.
9. ABRCF hereby confirms that it is in compliance in all material respects with its covenants in the Transaction Documents, and that
the Surety Provider is an express third-party beneficiary of this Amendment and ABRCF’s reaffirmations and confirmations set forth herein.
10. This Amendment may be executed in separate counterparts by the parties hereto, each of which when so executed and delivered
shall be an original but all of which shall together constitute one and the same instrument.
11. THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE
CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK.
NEW YORK 6994972 (2K)
First Amendment to A&R Series
2005-2 Supplement (November 2008
Amendment) (CONFORMED)
8