Avis 2010 Annual Report Download - page 519

Liquidity Amount (excluding therefrom the Series 2010-1 Available Reserve Account Amount) on such Distribution Date and (ii) the excess, if
any, of the Series 2010-1 Required Enhancement Amount over the Series 2010-1 Enhancement Amount (excluding therefrom the Series 2010-1
Available Reserve Account Amount) on such Distribution Date plus (b) the Demand Note Preference Payment Amount.
“ Series 2010-1 Reserve Account ” is defined in Section 4.7(a).
“ Series 2010-1 Reserve Account Collateral ” is defined in Section 4.7(d).
“ Series 2010-1 Reserve Account Surplus ” means, with respect to any Distribution Date, the excess, if any, of the Series 2010-1
Available Reserve Account Amount over the Series 2010-1 Required Reserve Account Amount on such Distribution Date.
“ Series 2010-1 Shortfall ” is defined in Section 4.3(f).
“ Series 2010-1 Termination Date ” means the July 2016 Distribution Date.
“ Series 2010-1 Trustee Fees ” means, for any Distribution Date during the Series 2010-1 Rapid Amortization Period on which there
exists a Series 2010-1 Lease Interest Payment Deficit, a portion of the fees payable to the Trustee in an amount equal to the product of (i) the
Series 2010-1 Percentage as of the beginning of the Series 2010-
1 Interest Period ending on the day preceding such Distribution Date and (ii) the
fees owing to the Trustee under the Indenture; provided , that the sum of the Series 2010-1 Trustee Fees, the Series 2010-1 Disposition Agent
Fees and the Series 2010-1 Back-up Administration Fees in the aggregate for all Distribution Dates shall not exceed 1.1% of the Series 2010-1
Required Borrowing Base as of the first Determination Date on which the Series 2010-1 CPF Principal Allocation Amount was zero.
“ Series 2010-1 Unpaid Demand Amount ” means, with respect to any single draw pursuant to Section 4.5(c) or (d) on the Series
2010-1 Letters of Credit, the aggregate amount drawn by the Trustee on all Series 2010-1 Letters of Credit.
“ Termination Date Disbursement ” means an amount drawn under a Series 2010-1 Letter of Credit pursuant to a Certificate of
Termination Date Demand.
“ Termination Disbursement ” means an amount drawn under a Series 2010-1 Letter of Credit pursuant to a Certificate of
Termination Demand.
“ Trustee ” is defined in the recitals hereto.
“ Unpaid Demand Note Disbursement ” means an amount drawn under a Series 2010-1 Letter of Credit pursuant to a Certificate of
Unpaid Demand Note Demand.
(c) Any amounts calculated by reference to the Series 2010-1 Invested Amount on any date shall, unless otherwise stated, be
calculated after giving effect to any payment of principal made to the Series 2010-1 Noteholders on such date.
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