Avis 2010 Annual Report Download - page 411

Certificates of Title is in the name of the Trustee and (y) to release the Lien in the name of the Trustee or the Group I Nominee Lienholder on
any Group I Certificate of Title in connection with the sale or disposition of the related Group I CPF Truck permitted pursuant to the provisions
of the Group I Related Documents. Nothing in this Agreement shall be construed as authorization from the Trustee to the Administrator to
release any Lien on the Group I Certificates of Title except upon compliance with the Group I Related Documents. The Trustee shall have the
right to terminate such power of attorney (including the related power granted pursuant to the following sentence) at any time by giving written
notice to such effect to the Administrator. To further evidence such power of attorney, the Trustee agrees that upon request of the Administrator
from time to time it will execute a separate power of attorney substantially in the form of Exhibit A hereto.
(c) Certain Duties with Respect to the Group I CPF Lease . The Administrator agrees to perform its duties and certain duties on
behalf of CPF under the Group I CPF Lease, including, but not limited to the following:
(A) to promptly and duly execute, deliver, file and record all documents, statements, filings and registrations, and take such further
actions as may be requested to establish, perfect and maintain the Lessor’s rights to and interest in, and to perfect and maintain the
Trustee’
s first Lien in the name of the Trustee or the Group I Nominee Lienholder on, the Group I CPF Trucks and the Group I Certificates
of Title therefor pursuant to Section 7 of the Group I CPF Lease;
(B) to determine the Truck Special Damage Payments applicable to Group I CPF Trucks at the time of their sale, return or other
disposition in accordance with the Group I Related Documents pursuant to Section 13.2(a) of the Group I CPF Lease;
(C) to indicate on its computer records that the Trustee is the holder of a Lien on each Group I CPF Truck leased under the Group I
CPF Lease;
(D) to arrange for the prompt sale of a Group I CPF Truck and upon the sale of a Group I CPF Truck, to request the Trustee to
remove notation of its Lien (or, if applicable, to cause any Group I Nominee Lienholder to remove notation of its Lien) from the Group I
Certificate of Title therefor pursuant to Section 2.6(a) of the Group I CPF Lease;
(E) upon payment by the Lessee to the Lessor of the Termination Value of any Group I CPF Truck that has become a Casualty or an
Ineligible Truck, (i) to cause title to such Group I CPF Truck to be transferred to the Lessee to facilitate liquidation of such Group I CPF
Truck by the Lessee and (ii) to request the Trustee to remove notation of its Lien (or, if applicable, to cause any Group I Nominee
Lienholder to remove notation of its Lien) from the Group I Certificate of Title for such Group I CPF Truck pursuant to Section 6.2 of the
Group I CPF Lease;
(F) to make requests for, and to provide a statement documenting any request for, reimbursement or prepayment for costs identified
therein pursuant to Section 16.2 of the Group I CPF Lease;
6