Avis 2010 Annual Report Download - page 461

26.6. Business . The Lessee will engage only in businesses in substantially the same or related fields as the businesses conducted on
the date hereof and such other lines of business, which, in the aggregate, do not constitute a material part of the operations of the Lessee.
26.7. Maintenance of Separate Existence . Each of the Guarantor and the Lessee acknowledges its receipt of a copy of that certain
opinion letter issued by White & Case LLP dated the Initial Group I Closing Date and addressing the issue of substantive consolidation as
it may relate to the Guarantor, the Lessee and the Lessor. The Guarantor and the Lessee hereby agree to maintain in place all policies and
procedures, and take and continue to take all action, described in the factual assumptions set forth in such opinion letter and relating to
such Person.
26.8. Maintenance of the Group I Trucks
. Maintain and cause to be maintained in good repair, working order and condition all of the
Group I Trucks leased in accordance with its ordinary business practices with respect to all other vehicles owned or leased by it, except to
the extent that any such failure to comply with such requirements does not, in the aggregate, materially adversely affect the interests of the
Lessor under this Agreement or the interests of the Group I Secured Parties under the Base Indenture and each related Group I Series
Supplement. From time to time the Guarantor and the Lessee will make or cause to be made all appropriate repairs, renewals and
replacements with respect to the Group I Trucks. The Lessee shall maintain good, legal and marketable title to, or a valid leasehold interest
in, all of its assets, free and clear of all Liens except Liens incurred pursuant to the Credit Agreement and except for Permitted Liens, and
except to the extent sold or otherwise disposed of in accordance with this Agreement or any of the other Applicable Related Documents
with respect to any Group I Series of Notes, and except to the extent no Material Adverse Effect could result.
26.9. Accounting Methods, Financial Records . Maintain, and cause each of its material Subsidiaries to maintain, a system of
accounting and keep, and cause each of its material Subsidiaries to keep, such records and books of account (which shall be true and
complete) as may be required or necessary to permit the preparation of financial statements in accordance with GAAP.
26.10. Disclosure to Auditors . Disclose, and cause each of its material Subsidiaries to disclose, to its independent certified public
accountants in a timely manner all loss contingencies of a type requiring disclosure to auditors under accounting standards promulgated by
the Financial Accounting Standards Board.
26.11. Disposal of Group I Trucks . Dispose of the Group I Trucks leased by the Lessee in accordance with Section 2.6(a)
(unless the
Lessee purchases such Group I Truck in accordance with the terms of Section 2.5 .
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