Avis 2010 Annual Report Download - page 381

EXHIBIT G
Holder, nor shall any waiver by Holder of any such right or rights on any one occasion be deemed a bar to, or waiver of, the same right or rights
on any future occasion. Acceptance by Holder of any payment after its due date shall not be deemed a waiver of the right to require prompt
payment when due of all other sums, and acceptance of any payment after Holder has declared the indebtedness evidenced by this Demand Note
due and payable shall not cure any Event of Default or operate as a waiver of any right of Holder.
Modifications . No amendment, modification or waiver of, or consent with respect to, any provision of this Demand Note shall in any event be
effective unless (a) the same shall be in writing and signed and delivered by each of Holder and the Demand Note Issuer, and (b) all consents
required for such actions under the Base Indenture and the Series 2006-1 Related Documents shall have been received by the appropriate
Persons.
Binding Effect . This Demand Note shall be binding upon the Demand Note Issuer and its successors and assigns, and shall inure to the benefit
of Holder and its successors and assigns.
Governing Law . THIS DEMAND NOTE HAS BEEN DELIVERED IN NEW YORK, NEW YORK AND SHALL BE DEEMED TO BE A
CONTRACT MADE UNDER AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK.
No Negotiation
. This Demand Note is not negotiable other than to the Trustee for the benefit of the Secured Parties under the Series 2006-1
Supplement. The parties intend that this Demand Note will be pledged by the initial Holder to the Trustee for the benefit of the Secured Parties
under the Series 2006-1 Supplement and the Demand Note Issuer consents and agrees thereto. Upon such pledge, this Demand Note shall be
subject to all of the rights and remedies of the Trustee in the Base Indenture, the Series 2006-1 Supplement and the other Series 2006-1 Related
Documents and payments hereunder shall be made only to said Trustee.
Reduction of Principal . The principal amount of this Demand Note may be reduced only in accordance with the provisions of the Series 2006-1
Supplement.
Acknowledgment . The Demand Note Issuer hereby acknowledges receipt of [cash/capital contribution] on the date of the issuance of this
Demand Note in the principal amount of $[ ].
Captions . Paragraph captions used in this Demand Note are provided solely for convenience of reference only and shall not affect the meaning
or interpretation of any provision of this Demand Note.
[Remainder of Page Intentionally Left Blank]