Avis 2010 Annual Report Download - page 259

TABLE OF CONTENTS
i
Page
ARTICLE I DESIGNATION
7
Section 1.1
Designation
7
ARTICLE II DEFINITIONS AND CONSTRUCTION
8
ARTICLE III PURCHASE AND SALE OF SERIES 2006-1 NOTES; INCREASES AND DECREASES OF SERIES 2006-1
INVESTED AMOUNT
33
Section 3.1
Purchases of the Series 2006
-
1 Notes
33
Section 3.2
Delivery
33
Section 3.3 Procedure for Issuance of the Series 2006-1 Initial Invested Amount and for Increasing the Series 2006-1
Invested Amount
34
Section 3.4
Sales by CP Conduit Purchasers of Series 2006
-
1 Notes to APA Banks
36
Section 3.5
Procedure for Decreasing the Series 2006
-
1 Invested Amount
36
Section 3.6
Interest; Fees
37
Section 3.7
Indemnification by CPF
38
Section 3.8
Funding Agents
39
Section 3.9
Partial Termination
39
ARTICLE IV SECURITY
40
Section 4.1
Grant of Security Interest
40
ARTICLE V SERIES 2006
-
1 ALLOCATIONS
42
Section 5.1 Establishment of Group I Collection Account, Series 2006-1 Collection Account, Series 2006-1 Principal
Subaccount and Series 2006
-
1 Accrued Interest Account
42
Section 5.2
Allocations with Respect to the Series 2006
-
1 Notes
42
Section 5.3
Payments to Noteholders
45
Section 5.4
Payment of Note Interest and Commitment Fees
48
Section 5.5
Payment of Note Principal
49
Section 5.6
Administrator
’
s Failure to Instruct the Trustee to Make a Deposit or Payment
54
Section 5.7
Series 2006
-
1 Reserve Account
54
Section 5.8
Series 2006
-
1 Letters of Credit and Series 2006
-
1 Cash Collateral Account
57
Section 5.9
Series 2006
-
1 Distribution Account
61
Section 5.10
Series 2006
-
1 Accounts Permitted Investments
63