SEC Contract Filing

Filing Date: 2016-11-22

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>firstamendmenttotheaesopse.htm
<DESCRIPTION>EXHIBIT 10.1
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd">
<html>
	<head>
 <!-- Document created using Wdesk 1 -->
 <!-- Copyright 2016 Workiva -->
 <title>Exhibit</title>
	</head>
	<body style="font-family:Times New Roman;font-size:10pt;">
<div><a name="sD198BF3327C328652D70745103EDADC0"></a></div><div><div style="line-height:120%;text-align:right;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">EXHIBIT 10.1</font></div></div><div><br></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">FIRST AMENDMENT TO </font></div><div style="line-height:120%;padding-bottom:16px;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">THE SERIES 2015-3 SUPPLEMENT</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:96px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">This FIRST AMENDMENT TO THE SERIES 2015-3 SUPPLEMENT (this &#8220;</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Amendment</font><font style="font-family:inherit;font-size:12pt;">&#8221;), dated as of November 17, 2016 amends the Series 2015-3 Supplement (the &#8220;</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Series 2015-3 Supplement</font><font style="font-family:inherit;font-size:12pt;">&#8221;), dated as of November 19, 2015, among AVIS BUDGET RENTAL CAR FUNDING (AESOP) LLC, a special purpose limited liability company established under the laws of Delaware (&#8220;</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">ABRCF</font><font style="font-family:inherit;font-size:12pt;">&#8221;), AVIS BUDGET CAR RENTAL, LLC, a limited liability company established under the laws of Delaware, as administrator (the &#8220;</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Administrator</font><font style="font-family:inherit;font-size:12pt;">&#8221;), JPMORGAN CHASE BANK, N.A., a national banking association, as administrative agent (the &#8220;</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Administrative Agent</font><font style="font-family:inherit;font-size:12pt;">&#8221;), the several banks set forth on Schedule I thereto as Non-Conduit Purchasers (each, a &#8220;</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Non-Conduit Purchaser</font><font style="font-family:inherit;font-size:12pt;">&#8221;), the several commercial paper conduits listed on Schedule I thereto (each a &#8220;</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">CP Conduit Purchaser</font><font style="font-family:inherit;font-size:12pt;">&#8221;), the several banks set forth opposite the name of each CP Conduit Purchaser on Schedule I thereto (each an &#8220;</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">APA Bank</font><font style="font-family:inherit;font-size:12pt;">&#8221; with respect to such CP Conduit Purchaser), the several agent banks set forth opposite the name of each CP Conduit Purchaser on Schedule I thereto (each a &#8220;</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Funding Agent</font><font style="font-family:inherit;font-size:12pt;">&#8221; with respect to such CP Conduit Purchaser), THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., a national banking association, as trustee (in such capacity, the &#8220;</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Trustee</font><font style="font-family:inherit;font-size:12pt;">&#8221;) and as agent for the benefit of the Series 2015-3 Noteholders (in such capacity, the &#8220;</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Series 2015-3 Agent</font><font style="font-family:inherit;font-size:12pt;">&#8221;), to the Second Amended and Restated Base Indenture, dated as of June 3, 2004, between ABRCF and the Trustee (as amended, modified or supplemented from time to time, exclusive of Supplements creating a new Series of Notes, the &#8220;</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Base Indenture</font><font style="font-family:inherit;font-size:12pt;">&#8221;). All capitalized terms used herein and not otherwise defined herein shall have the respective meanings provided therefor in the Definitions List attached as Schedule I to the Base Indenture (as amended through the date hereof) or the Series 2015-3 Supplement, as applicable.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">W I T N E S S E T H</font><font style="font-family:inherit;font-size:12pt;">:</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:96px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">WHEREAS, pursuant to Section 12.2 of the Base Indenture, any Supplement thereto may be amended with the consent of ABRCF, the Trustee, any applicable Enhancement Provider and (x) in connection with the extension of the due date for any repayment of principal of any Note and (y) in connection with certain other amendments, the Required Noteholders of a Series of Notes;</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:96px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">WHEREAS, pursuant to Section 11.11 of the Series 2015-3 Supplement, (x) the Series 2015-3 Supplement may be amended in accordance with Section 12.2 of the Base Indenture and (y) the require