Avis 2010 Annual Report Download - page 269

“ Commercial Paper ” means, with respect to any CP Conduit Purchaser, the promissory notes issued by, or for the benefit of, such
CP Conduit Purchaser in the commercial paper market.
“ Commitment ” means, with respect to the APA Banks included in any Purchaser Group, the obligation of such APA Banks to
purchase a Series 2006-1 Note on the Series 2006-
1 Closing Date or, in the case of the Atlantic Purchaser Group, March 22, 2010 and, thereafter,
subject to certain conditions, increase the Purchaser Group Invested Amount with respect to such Purchaser Group, in each case, in an amount up
to the Maximum Purchaser Group Invested Amount with respect to such Purchaser Group.
“ Commitment Fee ” is defined in Section 3.6(e).
“ Commitment Fee Rate ” means, as of the Second Restatement Effective Date, 0%.
“ Commitment Percentage ” means, on any date of determination, with respect to any Purchaser Group, the ratio, expressed as a
percentage, which such Purchaser Group’s Maximum Purchaser Group Invested Amount bears to the Series 2006-1 Maximum Invested Amount
on such date.
“ Company Indemnified Person ” is defined in Section 3.7.
“ Conduit Assignee ” means, with respect to any CP Conduit Purchaser, any commercial paper conduit administered by the Funding
Agent with respect to such CP Conduit Purchaser and designated by such Funding Agent to accept an assignment from such CP Conduit
Purchaser of the Purchaser Group Invested Amount or a portion thereof with respect to such CP Conduit Purchaser pursuant to Section 12.1(b).
“ Consolidated Interest Coverage Ratio ” has the meaning set forth in the Credit Agreement, but without giving effect to any
amendment to the Credit Agreement after the Second Restatement Effective Date unless such amendment has been approved in writing by the
Series 2006-1 Required Noteholders.
“ Consolidated Leverage Ratio ” has the meaning set forth in the Credit Agreement, but without giving effect to any amendment to
the Credit Agreement after the Second Restatement Effective Date unless such amendment has been approved in writing by the Series 2006-1
Required Noteholders.
“ CP Conduit Funded Amount ” means, with respect to any Purchaser Group for any day, the portion of the Purchaser Group
Invested Amount with respect to such Purchaser Group funded by such Purchaser Group through the issuance of Commercial Paper outstanding
on such day.
“ CP Conduit Purchaser ” is defined in the recitals hereto.
“ Credit Agricole ” means Credit Agricole Corporate and Investment Bank.
12