Avis 2010 Annual Report Download - page 518

with respect to the Series 2010-1 Notes and ending upon the earlier to occur of (i) the date on which the Series 2010-1 Notes are fully paid and
(ii) the termination of the Indenture.
“ Series 2010-1 Reimbursement Agreement ” means any and each agreement providing for the reimbursement of a Series 2010-1
Letter of Credit Provider for draws under its Series 2010-1 Letter of Credit as the same may be amended, supplemented, restated or otherwise
modified from time to time.
“ Series 2010-1 Related Documents ” means, with respect to the Series 2010-
1 Notes, the Base Indenture, this Series Supplement, the
Series 2010-1 Notes, any Group II Nominee Agreements, the Group II Administration Agreement, the Group II Disposition Agent Agreement,
the Group II Back-up Administration Agreement, the Collection Account Control Agreement, the Group II Collection Account Control
Agreement, any agreements relating to the issuance or the purchase of any Series 2010-1 Notes, any Enhancement Agreements for Series 2010-
1
Enhancement, the Group II CPF Lease and the Supplemental Documents relating to the Group II CPF Lease.
“ Series 2010-1 Required Borrowing Base ” means, as of any date of determination, the sum of (a) the Series 2010-1 Required
Overcollateralization Amount as of such date and (b) the Series 2010-1 Invested Amount as of such date.
“ Series 2010-1 Required Enhancement Amount ” means, as of any date of determination, the product of (i) the Series 2010-1
Adjusted Required Enhancement Percentage as of such date and (ii) the Series 2010-1 Invested Amount as of such date; provided , that in no
event shall the Required Enhancement Amount on any date be less than the lesser of (x) $23,000,000 and (y) the Series 2010-
1 Invested Amount
as of such date.
“ Series 2010-1 Required Enhancement Percentage ” means, as of any date of determination, 50.0%.
“ Series 2010-1 Required Liquid Enhancement Percentage ” means, as of any date of determination, 6.5%.
“ Series 2010-1 Required Liquidity Amount ” means, as of any date of determination, the product of (a) the Series 2010-1 Required
Liquid Enhancement Percentage and (b) the Series 2010-1 Invested Amount as of such date.
“ Series 2010-1 Required Noteholders ” means Series 2010-1 Noteholders representing in aggregate more than 50% of the Series
2010-1 Invested Amount.
“ Series 2010-1 Required Overcollateralization Amount ” means, as of any date of determination, the excess of (a) the Series 2010-1
Required Enhancement Amount as of such date over (b) the sum of (i) the Series 2010-1 Letter of Credit Amount as of such date and (ii) the
Series 2010-1 Available Reserve Account Amount as of such date.
“ Series 2010-1 Required Reserve Account Amount ” means, with respect to any Distribution Date, an amount equal to the sum of
(a) the greater of (i) the excess, if any, of the Series 2010-1 Required Liquidity Amount on such Distribution Date over the Series 2010-1
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