Avis 2010 Annual Report Download - page 253

“ Required Enhancement Amount ”
has the meaning specified, with respect to any Series, in the Series Supplement for such Series of
Notes.
“ Required Ratings ” means (i) a short-term certificate of deposit rating of “P-l” from Moody’s and at least “A-1” from Standard &
Poor’s and (ii) a long-term unsecured debt rating of not less than “Aa3” from Moody’s and “AA-” from Standard & Poor’s.
“ Required Noteholders ” has the meaning specified, with respect to any Series, in the Series Supplement for such Series of Notes.
“ Requirements of Law ” means, with respect to any Person or any of its property, the certificate of incorporation or articles of
association and by-laws, limited liability company agreement, partnership agreement or other organizational or governing documents of such
Person or any of its property, and any law, treaty, rule or regulation, or determination of any arbitrator or Governmental Authority, in each case
applicable to or binding upon such Person or any of its property or to which such Person or any of its property is subject, whether Federal, state
or local (including, without limitation, usury laws, the Federal Truth in Lending Act and retail installment sales acts).
“ Requisite Group Investors ” means, with respect to any Group, Noteholders holding in excess of 50% of the aggregate Invested
Amount of all Outstanding Series of Notes in such Group (excluding, for the purposes of making the foregoing calculation, any Notes held by
CPF).
“ Requisite Investors ” means Noteholders holding in excess of 66% (or 50% if all Series of Notes Outstanding are part of the same
Group) of the aggregate Invested Amount of all Outstanding Series of Notes (excluding, for the purposes of making the foregoing calculation,
any Notes held by CPF).
“ Restatement Effective Date ” means March 9, 2010.
“ Rule 144A ” has the meaning set forth in Section 2.5(a) of the Base Indenture.
“ Rule 144A Global Note ” has the meaning set forth in Section 2.5(a) of the Base Indenture.
“ S&P ” or “ Standard & Poor’s ” means Standard & Poor’s Ratings Services, a division of The McGraw-Hill Companies, Inc.
“ Secured Parties ” has the meaning specified in Section 3.1 of the Base Indenture.
“ Securities Act ” means the Securities Act of 1933, as amended.
“ Series Accounts ” means, with respect to any Series of Notes, the account or accounts established pursuant to the Series
Supplement for such Series of Notes.
“ Series Closing Date ” means, with respect to any Series of Notes, the date of issuance of such Series of Notes, as specified in the
Series Supplement for such Series of Notes.
21