Avis 2009 Annual Report Download - page 205

(ii) after giving effect to the Series 2009-3 Initial Invested Amount or such Increase Amount, the Purchaser Group Invested Amount
with respect to such Purchaser Group would not exceed the Maximum Purchaser Group Invested Amount with respect to such Purchaser
Group;
(iii) after giving effect to the Series 2009-3 Initial Invested Amount or such Increase Amount, no AESOP I Operating Lease Vehicle
Deficiency would occur and be continuing;
(iv) no Amortization Event or Potential Amortization Event would occur and be continuing prior to or after giving effect to such
Series 2009-3 Initial Invested Amount or such Increase;
(v) not more than two Increases have occurred in the four Business Days immediately preceding the date of such Increase;
(vi) all of the representations and warranties made by each of ABRCF, the Lessees, the Lessors and the Administrator in the Base
Indenture, this Supplement and the Related Documents to which each is a party are true and correct in all material respects on and as of the
Series 2009-3 Closing Date or such Increase Date, as the case may be, as if made on and as of such date (except to the extent such
representations and warranties are expressly made as of another date); and
(vii) all conditions precedent to the making of any Loan under the applicable Loan Agreements would be satisfied.
ABRCF’s acceptance of funds in connection with (x) the initial purchase of Series 2009-3 Notes on the Series 2009-3 Closing Date and (y) each
Increase occurring on any Increase Date shall constitute a representation and warranty by ABRCF to the Purchaser Groups as of the Series 2009-
3 Closing Date or such Increase Date (except to the extent such representations and warranties are expressly made as of another date), as the case
may be, that all of the conditions contained in this Section 2.3(c) have been satisfied.
(d) Upon receipt of any notice required by Section 2.3(a) from ABRCF, the Administrative Agent shall forward (by telecopy or
electronic messaging system) a copy of such notice to the Funding Agent with respect to each Purchaser Group, no later than 5:00 p.m.
(New York City time) on the day received. After receipt by any Funding Agent with respect to a Purchaser Group of such notice from the
Administrative Agent, such Funding Agent shall, so long as the conditions set forth in Sections 2.3(a) and (c) are satisfied, promptly provide
telephonic notice to the related CP Conduit Purchaser and the related APA Banks, of the Increase Date and of such Purchaser Group’s
Commitment Percentage of the Increase Amount. If such CP Conduit Purchaser elects to fund all or a portion of its Commitment Percentage of
the Increase Amount, such CP Conduit Purchaser shall pay in immediately available funds its Commitment Percentage (or any portion thereof)
of the amount of such Increase on the related Increase Date to the Funding Agent with respect to such Purchaser Group for deposit into the
Series 2009-3 Collection Account. If such CP Conduit Purchaser does not fund the full amount of its Commitment Percentage of the Increase
Amount and the related APA Banks are required
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