factual

What is the date of the Administrative Amendment to the Sixth Amended and Restated Credit Agreement for Budget?

Budget Franchise · 2025 FDD

Answer from 2025 FDD Document

10.74 Fifth Amendment, dated as of April 21, 2023, to the Sixth Amended and Restated Credit Agreement, dated as of July 9, 2021, among Avis Budget Holdings, LLC, Avis Budget Car Rental, LLC, as borrower, Avis
Sugget Group, Inc., in a subsidiary borrower from time to time party thereto, the lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent, and the other parties thereto (Incorporated by reference to Exhibit 10.1 to the Company's Quarterly Report on Form 10-Q for equarterly period ended June 30, 2023, deed August 1, 2023).
10.75 Sixth Amendment, dated as of December 8, 2023, to the Sixth Amended and Restated Credit Agreement, dated as of July 9, 2021, among Avis Budget Holdings, LLC. Avis Budget Car Rental, LLC, as borrower. Avis Budget Group, Inc., the subsidiary borrowers from time to time party thereto, the lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent, and the other parties thereto (Incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K, dated December 14, 2023).
10.76 Seventh Amendment, dated as of December 27, 2023, to the Sixth Amended and Restated Credit Agreement, dated as of July 9, 2021, among Avis Budget Holdings, LLC. Avis Budget Car Rental, LLC, as borrower. Avis Budget Group, Inc., the subsidiary borrowers from time to time and the lenders from time to time party thereto, the lenders from time to time party thereto, the company and the company's Current Report on Form 8-K, dated January 3, 2024),
10.77 Eighth Amendment, dated as of May 29, 2024, to the Sixth Amended and Restated Credit Agreement, dated as of July 9, 2021, among Avis Budget Holdings, LLC, Avis Budget Car Rental, LLC, as borrower, Avis Budget Group, Inc., the subsidiary borrowers from the to time party thereto, the lenders from time to time party thereto and JPMorgan Chase Bank, NA, as Administrative Agent, and the other parties thereto (incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 10-Q for the guarderly period ended Jules 3, 2024, dated August 6, 2024).
10.78 Administrative Amendment, dated as of December 27, 2023, to the Sixth Amended and Restated Credit Agreement, dated as of July 9, 2021, among Avis Budget Holdings, LLC. Avis Budget Car Rental, LLC, as borrower, Avis Budget Group, Inc., the subsidiary borrowers from time to time party thereto, the lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent, and the other parties thereto (incorporated by reference to Exhibit 10,90 to time Company's Annual Report on Form 10-K for the year ended December 31, 2023, dated February 16, 2024.

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 79)

What This Means (2025 FDD)

According to Budget's 2025 Franchise Disclosure Document, the Administrative Amendment to the Sixth Amended and Restated Credit Agreement is dated December 27, 2023. The original Sixth Amended and Restated Credit Agreement was dated July 9, 2021.

This amendment involves several parties, including Avis Budget Holdings, LLC, Avis Budget Car Rental, LLC (as the borrower), Avis Budget Group, Inc., subsidiary borrowers, lenders, and JPMorgan Chase Bank, N.A., acting as the Administrative Agent.

This amendment is incorporated by reference to Exhibit 10,90 of the Company's Annual Report on Form 10-K for the year ended December 31, 2023, which was dated February 16, 2024. This indicates that details of the amendment are publicly available through these filings.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.