Avis 2010 Annual Report Download - page 554

EXHIBIT A
to
Series 2010-
1
Supplement
REVERSE OF SERIES 2010-1 NOTE
This Series 2010-1 Note is one of a duly authorized issue of Series 2010-1 Notes of the Company, designated as its Series 2010-1
5.43% Rental Truck Asset Backed Notes (herein called the “ Series 2010-1 Notes ”), all issued under (i) an Amended and Restated Base
Indenture, dated as of March 9, 2010 (such Amended and Restated Base Indenture, as amended or modified (exclusive of any Supplements
thereto creating a new Series of Notes), is herein called the “ Base Indenture ”), between the Company and The Bank of New York Mellon Trust
Company, N.A., as trustee (the “ Trustee ”, which term includes any successor Trustee under the Base Indenture) and (ii) a Series 2010-1
Supplement thereto, dated as of March 9, 2010 (such supplement, as may be amended or modified, the “ Series 2010-1 Supplement ”), among
the Company, the Trustee, and The Bank of New York Mellon Trust Company, N.A., as Series 2010-1 Agent and Securities Intermediary. The
Base Indenture and the Series 2010-1 Supplement are referred to herein as the “ Indenture ”. The Series 2010-1 Notes are subject to all terms of
the Indenture. All terms used in this Series 2010-
1 Note that are defined in the Indenture shall have the meanings assigned to them in or pursuant
to the Indenture.
The Series 2010-1 Notes are and will be equally and ratably secured by the Series 2010-1 Collateral pledged as security therefor as
provided in the Indenture.
“ Distribution Date ” means the twentieth day of each calendar month, or, if any such date is not a Business Day, the next succeeding
Business Day, commencing April 20, 2010.
As described above, principal of this Series 2010-1 Note shall be payable in the amounts and at the times set forth in the Indenture,
provided, however, the entire unpaid principal amount of this Series 2010-1 Note shall be due and payable on the Series 2010-1 Termination
Date. Notwithstanding the foregoing, if an Amortization Event, Liquidation Event of Default or Limited Liquidation Event of Default shall have
occurred and be continuing then, in certain circumstances, principal on the Series 2010-1 Notes may be paid earlier, as described in the
Indenture. All principal payments on the Series 2010-1 Notes shall be made pro rata to the Noteholders entitled thereto.
Payments of interest on this Series 2010-1 Note due and payable on each Distribution Date, together with the installment of principal
then due shall be made by wire transfer in immediately available funds to the account designated by the nominee of the Clearing Agency
(initially, such nominee to be Cede & Co.). Any reduction in the principal amount of this Series 2010-1 Note (or any one or more predecessor
Series 2010-1 Notes) effected by any payments made in accordance with the terms hereof and of the Indenture shall be binding upon all future
Holders of this 2010-1 Note and of any Series 2010-
1 Note issued upon the registration of transfer hereof or in exchange hereof or in lieu hereof,
whether or not noted thereon.
The Company shall pay interest on overdue installments of interest at a rate per annum equal to the Series 2010-1 Note Rate, to the
extent lawful.
This Series 2010-1 Note is nontransferable except in accordance with the Series 2010-1 Supplement.