Avis 2010 Annual Report Download - page 288

“ Series 2006-1 Reserve Account ” is defined in Section 5.7(a).
“ Series 2006-1 Reserve Account Collateral ” is defined in Section 5.7(d).
“ Series 2006-1 Reserve Account Surplus ” means, with respect to any Distribution Date, the excess, if any, of the Series 2006-1
Available Reserve Account Amount over the Series 2006-1 Required Reserve Account Amount on such Distribution Date.
“ Series 2006-1 Revolving Period ” means the period from and including the Series 2006-1 Closing Date to the earlier to occur of
(a) the Series 2006-
1 Commitment Termination Date, and (b) the close of business on the Business Day immediately preceding the day on which
an Amortization Event is deemed to have occurred or been declared with respect to the Series 2006-1 Notes.
“ Series 2006-1 Shortfall ” is defined in Section 5.3(f).
“ Series 2006-1 Six Month Enhancement Adjustment Percentage ” means, with respect to any date, the percentage equivalent of a
fraction, the numerator of which is the aggregate amount of Disposition Proceeds of all Group I CPF Trucks sold during the six calendar months
immediately preceding such date, and the denominator of which is the aggregate Termination Value of such Group I CPF Trucks on the dates of
their respective sales. For the avoidance of doubt, any Series 2006-1 Six Month Enhancement Adjustment Percentage calculation made after the
Second Restatement Effective Date shall be calculated based on the Termination Value Curve Schedule attached to the Group I CPF Lease after
giving effect to the amendments (including the inclusion of a new Termination Value Curve Schedule) to the Group I CPF Lease on the Second
Restatement Effective Date.
“ Series 2006-1 Terminating Purchaser ” means, in the event of a Series 2006-1 Partial Commitment Termination, each APA Bank
that is not extending its commitment and the related CP Conduit Purchaser collectively.
“ Series 2006-1 Termination Date ” means May 8, 2012.
“ Series 2006-1 Transfer Issuance Date ” means March 22, 2010.
“ Series 2006-1 Trustee Fees ” means, for any Distribution Date during the Series 2006-1 Rapid Amortization Period on which there
exists a Series 2006-1 Lease Interest Payment Deficit, a portion of the fees payable to the Trustee in an amount equal to the product of (i) the
Series 2006-1 Percentage as of the beginning of the Series 2006-
1 Interest Period ending on the day preceding such Distribution Date and (ii) the
fees owing to the Trustee under the Indenture.
“ Series 2006-1 Twelve Month Enhancement Adjustment Percentage ” means, with respect to any date, the percentage equivalent of
a fraction, the numerator of which is the aggregate amount of Disposition Proceeds of all Group I CPF Trucks sold during the twelve calendar
months immediately preceding such date, and the denominator of which is the aggregate Termination Value of such Group I CPF Trucks on the
dates of their respective sales. For the avoidance of doubt, any Series 2006-1 Twelve Month Enhancement Adjustment Percentage calculation
made after the Second Restatement Effective Date shall be calculated
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