Avis 2010 Annual Report Download - page 204

(5) Business Days with respect to a default in the payment of interest or premium, or one (1) Business Day with respect to a default in the
payment of principal;
(b) CPF fails to comply with any of its other agreements or covenants in, or provisions of, the Notes of a Series in such Group or this
Base Indenture or the Series Supplement for a Series of Notes in such Group and the failure to so comply materially and adversely affects the
interests of the Noteholders of such Series and continues to materially and adversely affect the interests of the Noteholders of such Series for a
period of thirty (30) days after the earlier of (i) the date on which CPF obtains knowledge thereof or (ii) the date on which written notice of such
failure, requiring the same to be remedied, shall have been given to CPF by the Trustee or to CPF and the Trustee by the Required Noteholders
of such Series;
(c) the occurrence of an Event of Bankruptcy with respect to CPF, the Lessee, the Administrator, BRAC or ABCR;
(d) (i) any Lease Event of Default under the Applicable CPF Lease arising from a Lease Payment Default under the Applicable CPF
Lease occurs or (ii) any other Lease Event of Default under the Applicable CPF Lease shall occur, whether or not subsequently waived by CPF;
(e) CPF shall have become an “investment company” or shall have become under the “control” of an “investment company” under
the Investment Company Act of 1940, as amended;
(f) the Applicable CPF Lease is terminated for any reason;
(g) any representation made by CPF in this Base Indenture, the Series Supplement for a Series of Notes in such Group or any other
Applicable Related Document is false and such false representation materially and adversely affects the interests of the Noteholders of any
Series of Notes in such Group and such false Representation is not cured for a period of thirty (30) days after the earlier of (i) the date on which
CPF obtains knowledge thereof or (ii) the date that written notice thereof is given to CPF by the Trustee or to CPF and the Trustee by the
Required Noteholders of any Series in such Group;
(h) any of the Applicable Related Documents or any portion thereof shall not be in full force and effect, enforceable in accordance
with its terms or CPF, the Lessee, ABCR, the Administrator shall so assert in writing;
(i) the occurrence of any Administrator Default under the Applicable Administration Agreement; or
(j) any other event shall occur which may be specified in the Series Supplement for such Series of Notes as an “Amortization Event”
applicable only to such Series of Notes;
then (i) in the case of any event described in clause (b) or (j) above (with respect to clause (j) above, only to the extent such Amortization
Event is subject to waiver as set forth in the Series Supplement for such Series of Notes), either the Trustee, by written notice to CPF, or the
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