Avis 2010 Annual Report Download - page 588

1. Definitions and Usage . Unless otherwise specified herein, capitalized terms used herein (including the preamble and recitals
hereto) shall have the meanings assigned to such terms in the Indenture.
2. Duties of the Administrator . (a) Certain Duties with Respect to the Indenture and Applicable Related Documents . The
Administrator agrees (i) to perform all duties assigned to it as Administrator under the Applicable Related Documents with respect to any Group
II Series of Notes (it being understood that the terms of such documents, to the extent related to such duties, are hereby incorporated by reference
herein and form terms hereof) and (ii) to observe each and every of the covenants (both affirmative and negative) of the Administrator in any
Applicable Related Documents with respect to any Group II Series of Notes. To the extent relating to the Collateral or the Group II Collateral,
the Administrator shall prepare for execution by CPF or shall cause the preparation by other appropriate persons of all such documents, reports,
filings, instruments, certificates and opinions as it shall be the duty of CPF to prepare, file or deliver pursuant to the Base Indenture or the
Applicable Related Documents with respect to any Group II Series of Notes. Without limiting the foregoing, the Administrator agrees to perform
the following duties on behalf of CPF under the Indenture with respect to each Group II Series of Notes:
(A) the preparation and delivery to the Trustee of written instructions with respect to the investment of funds on deposit in any
account specified in the related Group II Series Supplement and the liquidation of such investments as required or permitted pursuant to the
provisions of such Group II Series Supplement;
(B) the preparation and delivery to the Trustee of the Daily Report required to be prepared pursuant to Section 4.1(a) of the Base
Indenture, to the extent related to (i) deposits in, and withdrawals from, the Collection Account with respect to Group II Collateral and
(ii) the Group II Collection Account;
(C) the delivery to the Trustee of copies of all reports, certificates, information or other materials delivered to CPF under that certain
Master Motor Vehicle Operating Lease Agreement (Group II), dated as of March 9, 2010 (the “ Group II CPF Lease ”), among CPF, as
lessor (the “ Lessor ”), BTR, as lessee (the “ Lessee ”), and Avis Budget Car Rental, LLC (the “ Guarantor ”),
pursuant to Section 4.1(b) of
the Base Indenture;
(D) the preparation and delivery to the Trustee and the Paying Agent of the Monthly Certificate with respect to the Group II Series of
Notes required to be delivered pursuant to Section 4.1(c) of the Base Indenture;
(E) the preparation and delivery to the Paying Agent of the Monthly Noteholders’ Statement with respect to each Group II Series of
Notes required to be delivered pursuant to Section 4.1(d) of the Base Indenture;
(F) the preparation and delivery to the Trustee of the monthly Officer’s Certificate with respect to the Collateral and the Group II
Collateral pursuant to Section 4.1(e) of the Base Indenture;
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