Avis 2010 Annual Report Download - page 391

ANNEX B
CERTIFICATE OF UNPAID DEMAND NOTE DEMAND
[Series 2006-1 Letter of Credit Provider]
[Address]
Attention: [ ]
Certificate of Unpaid Demand Note Demand under the Irrevocable Letter of Credit No. [ ] (the “ Series 2006-1 Letter of
Credit ”; the terms defined therein and not otherwise defined herein being used herein as therein defined or incorporated therein), dated as of
[ ], 20[_], issued by [ ], as the Series 2006-1 Letter of Credit Provider, in favor of The Bank of New York Mellon Trust
Company, N.A., as trustee (the “ Trustee ”), under that certain Amended and Restated Base Indenture, dated as of March 9, 2010, between the
Trustee and CENTRE POINT FUNDING, LLC (“ CPF ”), as amended or supplemented (exclusive of any Series Supplement thereto creating a
new Series of Notes), and as further supplemented by that certain Second Amended and Restated Series 2006-1 Supplement thereto (the “ Series
2006-1 Supplement ”), dated as of December 3, 2010, among CPF, Budget Truck Rental LLC, as Administrator, Deutsche Bank Securities, Inc.,
as Administrative Agent, the CP Conduit Purchasers, the APA Banks and the Funding Agents named therein, the Trustee and The Bank of New
York Mellon Trust Company, N.A., as Series 2006-1 Agent (the “ Indenture ”).
The undersigned, a duly authorized officer of the Trustee, hereby certifies to the Series 2006-1 Letter of Credit Provider as follows:
1.
[ ] is the Trustee under the Indenture.
2. The Trustee is making a drawing under the Series 2006-1 Letter of Credit as required by Section 5.5[(c)(iv)] [(d)(iii) ] [(e)] of the Series
2006-1 Supplement in an amount equal to $ (the “ Unpaid Demand Note Disbursement ”), which amount is equal to the lesser of
(i) the product of the Series 2006-1 Letter of Credit Provider’s Pro Rata Share as of the date hereof and the Series 2006-1 Unpaid Demand
Amount and (ii) the Letter of Credit Amount as in effect on the date of this certificate.
3. Concurrently with the draw being demanded hereby, the undersigned is making a draw under each of the other Series 2006-1 Letters of
Credit in an amount equal to the related other Series 2006-1 Letter of Credit Providers’
Pro Rata Share as in effect on the date hereof of the
Series 2006
-
1 Unpaid Demand Amount.
4.
You are requested to deliver an amount equal to the Unpaid Demand Note Disbursement pursuant to the following instructions: