Avis 2010 Annual Report Download - page 254

“ Series of Notes ” or “ Series ” means each Series of Notes issued and authenticated pursuant to the Base Indenture and the Series
Supplement for such Series of Notes.
“ Series Supplement ” means, with respect to any Series of Notes, a supplement to the Base Indenture complying (to the extent
applicable) with the terms of Section 2.3 of the Base Indenture.
“ Series Termination Date ” means, with respect to any Series of Notes, the date stated in the Series Supplement for such Series of
Notes as the termination date.
“ Sublease ” means, with respect to the Applicable CPF Lease, any sublease entered into between the Lessee and any Permitted
Sublessee pursuant to Section 7 of the Applicable CPF Lease and any and all other contracts, agreements, guarantees, insurance, warranties,
instruments or certificates entered into or delivered to the Lessee in connection therewith.
“ Subsidiary ” means, with respect to any Person (herein referred to as the “parent”), any corporation, partnership, association or
other business entity (a) of which securities or other ownership interests representing more than 50% of the equity or more than 50% of the
ordinary voting power or more than 50% of the general partnership interests are, at the time any determination is being made, owned, controlled
or held by the parent or (b) that is, at the time any determination is being made, otherwise controlled, by the parent or one or more subsidiaries of
the parent or by the parent and one or more subsidiaries of the parent.
“ Supplement ” means a supplement to the Base Indenture complying (to the extent applicable) with the terms of Article 12 of the
Base Indenture.
“ Supplemental Documents ” has the meaning specified in Section 2.1 of the Applicable CPF Lease.
“ Supplemental Rent ” means any and all amounts due under any Applicable CPF Lease other than Monthly Base Rent.
“ Tax Opinion ” means an Opinion of Counsel to be delivered in connection with the issuance of a new Series of Notes to the effect
that, for United States federal income tax purposes, the issuance of such new Series of Notes will not result in any of the Outstanding Series of
Notes failing to be characterized as debt for United States federal income tax purposes.
“ Term ” has the meaning specified in Section 3.2 of the Applicable CPF Lease.
“ Termination Value ” means, with respect to any Applicable CPF Truck, as of any date, an amount equal to (i) the Capitalized Cost
of such Applicable CPF Truck minus (ii) all Depreciation Charges accrued with respect to such Applicable CPF Truck through but excluding
such date.
“ Termination Value Curve Schedule ” means, with respect to any Group, the Termination Value Curve Schedule, attached as a
schedule to the Applicable CPF Lease, setting forth the Termination Value Curve for each type of Truck on the Eligible Truck Appendix
22