How does a Budget licensee pay all fees due to ABCR under the Franchise Agreement?

According to Budget's 2025 Franchise Disclosure Document, licensees are required to pay all fees due to ABCR (presumably a Budget affiliate) via the online Composite Statement. ABCR will make this statement available to the licensee electronically each month, unless other mailing arrangements are made.

Licensees must pay all amounts listed on the Composite Statement, including any late, administrative, or contested fees not resolved, within 45 days of the Composite Statement Date. Licensees have a 45-day review period from the statement date to contest any charges or credits according to the standards defined in the License Agreement. Any changes or credits not properly contested within this review period are considered final and payable to ABCR per the License Agreement.

ABCR has the discretion to apply payments to the oldest balances first and can modify the review period or standards related to the Composite Statement with written notice to the licensee. This means it is crucial for Budget franchisees to diligently review their Composite Statements and address any discrepancies promptly to avoid additional fees or complications. The current total Reservation Fees are specified in Schedule F, which is attached to the agreement.