factual

What is the purpose of the telephone numbers held by the Budget licensee?

Budget Franchise · 2025 FDD

Answer from 2025 FDD Document

satisfaction. No person may be employed as the General Manager unless such person will have completed the instruction furnished by Budget to Budget's satisfaction.

  • 9.2 Management. Licensee shall notify Budget of the names and addresses of all of Licensee's officers, directors and managers. Licensee shall notify Budget immediately in the event changes in any such positions occur, including providing Budget with organizational documents executed to effect or approve such change, as set forth in Exhibit G. Budget reserves the right to periodically run criminal background checks and credit checks on any of Licensee's officers, directors and managers, including at the time of renewal.

  • 9.3 Telephone Numbers/Weblinks. Licensee agrees to maintain not less than one (1) separate telephone number and facsimile/electronic communication line for the Rental Business which will be listed as, and identified exclusively with, the Rental Business (separate and distinct from all other telephone numbers maintained by Licensee), in all primary general and business telephone directories distributed within the Territory and in such other telephone directories, and in all advertising in which such number or numbers appear, as will be prescribed by Budget in the Standards. All telephone, facsimile and electronic communication lines and other commercial numbers, whether installed by or at the cost of Licensee or not, which are advertised in connection with the Rental Business (including listings in the white and yellow pages and any other telephone, online or other business directories) are held by Licensee solely for the purpose of performing under this Agreement and its related Exhibits. Budget may suffer losses and damages if Licensee diverts or transfers such telephone numbers, facsimile/electronic communication lines, domain names or weblinks (or permits their diversion or transfer) or uses them or permits their use for, or in connection with, any business other than the Rental Business. Licensee agrees that its commitment not to divert or misuse the telephone numbers, facsimile service/electronic communication lines, weblinks or domain names will survive termination of this Agreement for any reason, for the enduring benefit of the Network as a whole.

  • 9.4 Insurance. Licensee will maintain such insurance, in such minimum amounts, and with such carriers as approved by Budget in its sole discretion or, as are prescribed in the Standards and in this Paragraph 9.4. Licensee will annually provide a current certificate of insurance to Budget naming Budget and its affiliates as additional insureds as prescribed by Budget in the Standards, and the insurer must waive any subrogation rights it may have against Budget. Budget may periodically increase the amounts of insurance carried by Licensee and require different or additional kinds of insurance to reflect inflation, changes in standards of liability, higher damages, Licensees specific claims history or other relevant circumstances. Budget reserves the right to receive an administrative fee or commission for its endorsement of certain insurance carriers and/or programs for the sale of supplemental liability and related insurance to rental customers.

  • 9.5 Loss Damage Waiver.

Source: Item 23 — RECEIPTS (FDD pages 80–426)

What This Means (2025 FDD)

According to Budget's 2025 Franchise Disclosure Document, a licensee must maintain at least one separate telephone number and communication line exclusively for the rental business. This number must be listed and identified solely with the rental business in all directories and advertising. All telephone and communication lines advertised in connection with the rental business are held by the licensee only to fulfill their obligations under the franchise agreement.

Budget specifies that licensees are not allowed to divert or transfer these telephone numbers, communication lines, domain names, or web links for any business other than the Budget rental business. Doing so could cause losses and damages to Budget. This commitment extends beyond the termination of the franchise agreement, ensuring that these assets remain dedicated to the Budget network.

Upon termination of the License Agreement, the licensee is required to transfer all telephone numbers, communication lines, and electronic addresses used in the rental business to Budget or a party designated by Budget. The licensee must also inform the telephone company and other service providers that they no longer have an interest in these assets and approve their transfer. Budget is granted power of attorney to ensure the transfer of telephone numbers and other related items in the event of termination of the agreement.

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.