Avis 2010 Annual Report Download - page 547

Section 7.14 Notices . All notices, requests, instructions and demands to or upon any party hereto to be effective shall be given in the
manner set forth in Section 13.1 of the Base Indenture.
Section 7.15 Opinions of Counsel . CPF shall furnish to the Trustee, upon written request received on or before March 31 of any
calendar year commencing in 2011, an Opinion of Counsel either stating that, in the opinion of such counsel, such action has been taken with
respect to the recording, filing, re-
recording and refiling of the Indenture, any indentures supplemental thereto and any other requisite documents
and with respect to the execution and filing of any financing statements and continuation statements as are necessary to maintain the perfection
of the lien and security interest created by the Indenture in the Collateral and the Group II Collateral and reciting the details of such action or
stating that in the opinion of such counsel no such action is necessary to maintain the perfection of such lien and security interest. Such Opinion
of Counsel shall also describe the recording, filing, re-recording and refiling of the Indenture, any indentures supplemental hereto and any other
requisite documents and the execution and filing of any financing statements and continuation statements that will, in the opinion of such
counsel, be required to maintain the perfection of the lien and security interest of the Indenture in the Collateral and the Group II Collateral until
March 31 in the following calendar year.
Section 7.16 Collateral Covenants of the Trustee . The Trustee shall hold the Series 2010-1 Demand Note and any other Series 2010-
1 Collateral in the State of New York.
Section 7.17 Monthly Noteholders’ Statement . In addition to their obligations hereunder, CPF and the Administrator shall furnish to
the Paying Agent a Monthly Noteholders’ Statement pursuant to Section 4.1(d) of the Base Indenture with respect to the Series 2010-1 Notes in
susbstantially the form of Exhibit F to this Series Supplement.
Section 7.18 Indemnification by CPF . CPF agrees to indemnify and hold harmless the Trustee and each of its officers, directors,
agents and employees (each, a “ Company Indemnified Person ”) from and against any loss, liability, expense, damage or injury suffered or
sustained by such Company Indemnified Person by reason of (i) any acts, omissions or alleged acts or omissions arising out of, or relating to,
activities of CPF pursuant to the Indenture or the other Applicable Related Documents with respect to each Group II Series of Notes to which it
is a party, (ii) a breach of any representation or warranty made or deemed made by CPF (or any of its officers) in the Indenture or other
Applicable Related Document with respect to each Group II Series of Notes or (iii) a failure by CPF to comply with any applicable law or
regulation or to perform its covenants, agreements, duties or obligations required to be performed or observed by it in accordance with the
provisions of the Indenture or the other Applicable Related Documents with respect to each Group II Series of Notes, including, but not limited
to, any judgment, award, settlement,
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