Avis 2010 Annual Report Download - page 412

(G) to notify the Lessee of any claim made against it for which the Lessee or the Lessor may be liable and, upon request by the
Lessee, to contest or allow the Lessee to contest such claim pursuant to Section 16.3 of the Group I CPF Lease; and
(H) upon a Lease Event of Default, Liquidation Event of Default with respect to the Group I Series of Notes or Limited Liquidation
Event of Default with respect to any Group I Series of Notes, to pursue and enforce the rights of CPF thereunder pursuant to Section 18.3
of the Group I CPF Lease.
3. Shared Duties; Additional Duties; Additional Information . To the extent that any of the Administrator’s duties hereunder relate to
any matter which also is within the scope of duties assigned to the administrator under the Applicable Administration Agreement with respect to
any Series of Notes in any other Group, the Administrator shall consult and coordinate with the administrator under such Applicable
Administration Agreement in performing its duties hereunder. Subject to Section 9 of this Agreement, and in accordance with the directions of
any party hereto, the Administrator shall administer, perform or supervise the performance of such other activities in connection with the
Collateral, the Group I Collateral and the Group I Related Documents as are not covered by any of the foregoing provisions and as are expressly
requested by such party and are reasonably within the capability of the Administrator. The Administrator shall furnish to any party hereto from
time to time such additional information regarding the Collateral and the Group I Collateral as such party shall reasonably request.
4. Records . The Administrator shall maintain appropriate books of account and records relating to services performed hereunder,
which books of account and records shall be accessible for inspection by any party hereto at any time during normal business hours.
5. Compensation . As compensation for the performance of the Administrator’s obligations under this Agreement and, as
reimbursement for its expenses related thereto, the Administrator shall be entitled to a fee payable monthly in the amount of one-twelfth of the
product of 0.50% and the Net Book Value of all Group I CPF Trucks as of the first day of the applicable Related Month (the “ Monthly
Administration Fee ”); provided , however
, that if an Amortization Event with respect to any Group I Series of Notes shall have occurred and be
continuing, the Monthly Administration Fee will equal the greater of (A) the amount of the Monthly Administration Fee calculated pursuant to
the preceding clause, and (B) the product of (x) $20.00 and (y) the number of Group I CPF Trucks as of the first day of the applicable Related
Month. The Monthly Administration Fee shall be payable by CPF on each Distribution Date. In addition, the Administrator shall also be entitled
to the reasonable costs and expenses of the Administrator incurred by it as a result of arranging for the sale of any Group I CPF Truck returned
by the Lessee to CPF and sold to third parties; provided , however , that such costs and expenses shall be payable to the Administrator by CPF
only to the extent of any excess of the sale price received by CPF for any such Group I CPF Truck over the Termination Value thereof.
6. Use of Subcontractors . The Administrator may contract with other Persons to assist it in performing its duties under this
Agreement, and any performance of such duties by a Person identified to the Trustee in an Officer’s Certificate of the Administrator shall be
deemed to be action taken by the Administrator. Any such contract shall not relieve the Administrator of its liability and responsibility with
respect to the duties to which such contract relates.
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