Avis 2010 Annual Report Download - page 422

TABLE OF CONTENTS
i
Page
1.
DEFINITIONS
1
2.
GENERAL AGREEMENT
2
2.1. Lease of Group I Trucks
4
2.2. Right of Lessee to Act as Lessor
’
s Agent
5
2.3. Payment of Purchase Price by Lessor
5
2.4. Non
-
Liability of Lessor
5
2.5. Lessee
’
s Rights to Purchase Group I Trucks
6
2.6. Lessor
’
s Right to Cause Group I Trucks to be Sold
6
2.7. Conditions to Each Lease of Group I Trucks
7
3.
TERM
7
3.1. Vehicle Term
7
3.2. Term
8
4.
RENT AND CHARGES
8
4.1. Payment of Rent
8
4.2. Net Lease
8
5.
INSURANCE
9
5.1. Personal Injury and Damage
9
5.2. Delivery of Certificate of Insurance
9
5.3. Changes in Insurance Coverage
10
6.
RISK OF LOSS: CASUALTY OBLIGATIONS
10
6.1. Risk of Loss Borne by Lessee
10
6.2. Casualty
10
7.
GROUP I TRUCK USE
10
8.
LIENS
12
9.
NON
-
DISTURBANCE
12
10.
REGISTRATION; LICENSE; TRAFFIC SUMMONSES; PENALTIES AND FINES
12
11.
MAINTENANCE AND REPAIRS
13
12.
GROUP I TRUCK WARRANTIES
13
12.1. No Lessor Warranties
13
12.2. Manufacturer
’
s Warranties
14