Avis Finance definition
Examples of Avis Finance in a sentence
The Company and Avis Finance hereby confirm that they shall, concurrently with their execution of this Supplemental Indenture, enter into a joinder to the Registration Rights Agreement whereby each shall become parties to the Registration Rights Agreement and assume the obligations of Escrow Issuer under the Registration Rights Agreement.
To: Avis Finance Company Limited, as the “Issuer Subordinated Lender”.
The Company and Avis Finance shall succeed to, and be substituted for (including in its capacity as the Company in the case of ABCR) and may exercise every right and power of, Escrow Issuer under the Indenture and the Notes with the same force and effect as if the Company and Avis Finance had originally been the “Issuers” and the “Company” (in the case of ABCR) under the Indenture and the “Company” under the Notes.
WoodGreen will make all reasonable efforts to avoid contracting out that will result in the layoff of bargaining unit members.
Avis Finance represents and warrants to the Trustee as follows: It is a Delaware corporation duly organized, validly existing and in good standing under the laws of the State of Delaware.
Yours faithfully, Authorised signatory for and on behalf of From: Avis Finance Company Limited as the “Issuer Subordinated Lender”.
ABCR, Avis Finance and each of the Initial Guarantors party hereto agree that this letter agreement is being executed and delivered in connection with the issue and sale of the Securities pursuant to the Purchase Agreement.
Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Indenture, dated as of October 3, 2011, between AE Escrow Corporation, a corporation organized under the laws of the State of Delaware (to be assumed by Avis Budget Car Rental, LLC and Avis Finance, Inc.) and to which the guarantors from time to time will become parties thereto and The Bank of Nova Scotia Trust Company of New York, as Trustee (as amended, supplemented or otherwise modified the “Indenture”).
Copy to: Crédit Agricole Corporate and Investment Bank as Transaction Agent and Avis Finance Company Limited as Central Servicer.
During the period from and including the Issue Date and ending immediately prior to the merger of the Escrow Issuer with and into ABCR and the assumption by ABCR, Avis Finance and the Guarantors of the obligations under this Indenture, the Notes and the Guarantees on the Completion Date, ABCR, Avis Finance, the Guarantors and ABCR’s Restricted Subsidiaries shall not be bound by, or have any obligations under, this Indenture, the Notes or the Guarantees.