Does the Budget FDD mention any exceptions to the terms of the Second Amendment?
Budget Franchise · 2025 FDDAnswer from 2025 FDD Document
Inc., as a Permitted Nominee, PV Holding Corp., as a Permitted Nominee, and Cendant Rental Car Funding (AESOP) LIC**, as Lender, to the Second Amended and Restated Loan Agreement, dated as of June 3, 2004 (Incorporated by reference to Exhibit 10.2 to the Company's Current Report on Form 8-K, dated January 20, 2008). |
| Second Amendment, dated as of May 9, 2007, among AESOP Leasing L.P., as Borrower, PV Holding Corp., as a Permitted Nominee, Quartx Fleet Management, Inc., as a Permitted Nominee, and Avis Budget Rental Car Funding (AESOP) LLC, as Lender, to the Second Amended and Restated Loan Agreement, dated as of June 3, 2004 (Incorporated by reference to Exhibit 10.8 to the Company's Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2007, dated August 8, 2007). |
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| Form 10-Q for the guarterly genod ended June 30, 2007, Gated August 5, 2007. Third Amendment, dated as of August 16, 2013, among AESOP Leasing L.P., as Borrower, PV Holding Corp., as a Permitted Nominee, Quarts Fleet Management, Inc., as a Permitted Nominee, and Avis Budget Third Amendment, dated as of June 3, 2004 (Incomporated by reference to Exhibit 10,36(c) to the Company's Annual Report on Rental Car Funding (AESOP) LLC, as Lender, to the Second Amended and Restated Loan Agreement, dated as of June 3, 2004 (Incomporated by reference to Exhibit 10,36(c) to the Company's Annual Report on Port 10-K for the year ended December 31, 2013, dated February 20, 2014). |
| Form 10-K for the year ended December 31, 2013, dated regruanty 20, 2019, as Borrower, PV Holding Corp., as a Permitted Nominee, Quartx Fleet Management, Inc., as a Permitted Nominee, and Avis Budget Fourth Amendment, dated as of July 28, 2022, among AESOP Leasing L.P., as Borrower, PV Holding Corp., as a Permitted Nominee, Quartx Fleet Management, Inc., as a Permitted Nominee, and Avis Budget Fourth Management, Inc., as a Permitted Nominee, and Avis Budget Fourth Management, Inc., as a Permitted Nominee, and Avis Budget Fourth Management, Inc., as a Permitted Nominee, and Avis Budget Fourth Management, Inc., as a Permitted Nominee, and Avis Budget Fourth Management, Inc., as a Permitted Nominee, and Avis Budget Fourth Management, Inc., as a Permitted Nominee, and Avis Budget Fourth Management, Inc., as a Permitted Nominee, and Avis Budget Fourth Management, Inc., as a Permitted Nominee, and Avis Budget Fourth Management, Inc., as a Permitted Nominee, and Avis Budget Fourth Management, Inc., as a Permitted Nominee, and Avis Budget Fourth Management, Inc., as a Permitted Nominee, and Avis Budget Fourth Management, Inc., as a Permitted Nominee, and Avis Budget Fourth Management, Inc., as a Permitted Nominee, and Avis Budget Fourth Management, Inc., as a Permitted Nominee, and Avis Budget Fourth Management, Inc., as a Permitted Nominee, and Avis Budget Fourth Management, Inc., as a Permitted Nominee, and Avis Budget Fourth Management, Inc., as a Permitted Nominee, and Avis Budget Fourth Management, Inc., as a Permitted Nominee, and Avis Budget Fourth Management, Inc., as a Permitted Nominee, and Avis Budget Fourth Management, Inc., as a Permitted Nominee, and Avis Budget Fourth Management, Inc., as a Permitted Nominee, and Avis Budget Fourth Management, Inc., as a Permitted Nominee, and Avis Budget Fourth Management, Inc., as a Permitted Nominee, and Avis Budget Fourth Management, Inc., as a Permitted Nominee, and Avis Budget Fourth Management, Inc., as a Permitted Nominee, and Avis Budget Fourth Management, Inc., |
| Amended and Restated Loan Agreement, dated as of June 3, 2004, among AESOP Leasing L.P., as Borrower, and Cendari Rental Car Funding (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphysical Company (AESOF) LLC 3 as Lenuer, microphy |
| First Amendment, dated as of December 23, 2005, among AESOP Leasing L.P., as Borrower, and Gendant Nethal Carr Tuning (AESOP) Ltd. as Lender, to the Tuning AESOP Leasing L.P., as Borrower, and Gendant Nethal Carr Tuning (AESOP) Ltd. as Lender, to the Tuning AESOP Leasing L.P., as Borrower, and Gendant Nethal Carr Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. as Lender, to the Tuning (AESOP) Ltd. |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 79)
What This Means (2025 FDD)
According to the 2025 Budget Franchise Disclosure Document, the term "Second Amendment" appears in the context of financial agreements and amendments related to loan agreements. Specifically, it is used in the titles of several amendments to loan agreements involving AESOP Leasing L.P. and Avis Budget Rental Car Funding (AESOP) LLC.
The document lists various amendments such as the "Second Amendment, dated as of May 9, 2007," and other amendments dated at different times. These amendments are incorporated by reference to exhibits in the company's reports, such as Form 10-Q and Form 10-K. These references are part of the financial statements and legal documentation included in the FDD.
Therefore, the Budget FDD does not discuss the Second Amendment in the context of constitutional rights or exceptions to those rights. Instead, it uses the term as a title for financial and legal amendments related to loan agreements. A prospective franchisee should be aware that this reference is purely financial and legal in nature and does not pertain to any political or constitutional matters.