Avis 2010 Annual Report Download - page 279

Increase Amount and (c) when used with respect to any date after the Second Restatement Effective Date, an amount equal to (i) the Purchaser
Group Invested Amount with respect to such Purchaser Group on the immediately preceding Business Day minus (ii) the amount of principal
payments made to such Purchaser Group pursuant to Section 5.5(b) or (e) on such date plus (iii) the amount of principal payments recovered
from such Purchaser Group by a trustee as a preference payment in a bankruptcy proceeding of ABCR or otherwise.
“ Purchaser Group Supplement ” is defined in Section 12.1(e).
“ Qualified Interest Rate Hedge Counterparty ” means a bank or other financial institution, which has a short-term senior and
unsecured debt rating of at least “A-1” and a long-term senior and unsecured rating of at least “A”, in each case, from S&P and a short-term
senior and unsecured debt rating of “P-1” and a long-term senior and unsecured rating of at least “A2”, in each case, from Moody’s.
“ Rating Affirmation ” is defined in Section 12.20.
“ Record Date ” means, with respect to each Distribution Date, the immediately preceding Business Day.
“ Related Purchaser Group ” means, with respect to any Funding Agent, the CP Conduit Purchaser identified next to such Funding
Agent on Schedule I and each APA Bank identified on Schedule I next to such CP Conduit Purchaser.
“ Riverside Purchaser Group ” means the Purchaser Group with Riverside Funding LLC as the CP Conduit Purchaser and DBSI as
the APA Bank and Funding Agent with respect thereto.
“ Second Restatement Effective Date ” means December 3, 2010.
“ Second Restatement Date Increase Amount ” means $34,075,632.41.
“ Series Supplement ” is defined in the recitals hereto.
“ Series 2006-1 Accounts ” means the Group I Collection Account, Series 2006-1 Collection Account, Series 2006-1 Principal
Subaccount, Series 2006-1 Accrued Interest Account, Series 2006-1 Reserve Account, Series 2006-1 Cash Collateral Account and Series 2006-1
Distribution Account.
“ Series 2006-1 Accrued Interest Account ” is defined in Section 5.1(b).
“ Series 2006-1 Adjusted Invested Amount ” means, as of any date of determination on or before a Distribution Date, means the
quotient of (i) the result of (x) the Series 2006-1 Invested Amount as of such date minus (y) the Series 2006-1 Letter of Credit Liquidity Amount
as of such date minus (z) the sum of (A) Monthly Principal Payment Amount with respect to such Distribution Date and (B) any amounts to be
withdrawn from the Series 2006-1 Reserve Account and deposited into the Series 2006-1 Distribution Account for payment of the Series 2006-1
Invested Amount on such Distribution Date divided by (ii) the result of (x)
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