Common use of E E M E N T Clause in Contracts

E E M E N T. 1. The Joining Party hereby represents and warrants to and in favor of AESOP Leasing and the Trustee that (i) the Eligible Rental Car Company is a direct or indirect wholly-owned Subsidiary of ARC, (ii) all of the conditions required to be satisfied pursuant to Section 24 of the Lease in respect to the Eligible Rental Car Company becoming a Lessee thereunder have been satisfied, and (iii) all of the representations and warranties contained in Section 30 of the Lease with respect to the Lessees are true and correct as applied to the Eligible Rental Car Company as of the date hereof. 2. The Eligible Rental Car Company hereby agrees to assume all of the obligations of a "Lessee" under the Lease and agrees to be bound by all of the terms, covenants and conditions therein.

E E M E N T. 1. The Joining Party hereby represents and warrants to and in favor of AESOP Leasing II and the Trustee that (i) the Eligible Rental Car Company is a direct or indirect wholly-owned Subsidiary of ARC, (ii) all of the conditions required to be satisfied pursuant to Section 24 of the Lease lease in respect to the Eligible Rental Car Company becoming a Lessee thereunder have been satisfied, and (iii) all of the representations and warranties contained in Section 30 of the Lease with respect to the Lessees are true and correct as applied to the Eligible Rental Car Company as of the date hereof. 2. The Eligible Rental Car Company hereby agrees to assume all of the obligations of a "Lessee" under the Lease and agrees to be bound by all of the terms, covenants and conditions therein.