Extension Letter Related to the Series 2006-1 Supplement



 Exhibit 10.3 
 Budget Truck Funding, LLC 
 6 Sylvan Way 
 Parsippany, NJ 07054 
 May 10, 2007 
 Riverside Funding LLC, as CP Conduit Purchaser 
     c/o
Global Securitization Services, LLC 
     445 Broad Hollow Road, Suite 239 
     Melville, NY 11747 
 Deutsche Bank, AG, New York Branch, as APA Bank 
     60 Wall Street, 19th Floor 
     New York, NY 10005 
 Deutsche Bank Securities, Inc., as Funding Agent 
     60 Wall Street, 19th Floor 
     New York, NY 10005 
     Re: Budget Truck Funding, LLC Series 2006-1 Rental Truck Asset Backed
Notes 
 Ladies and Gentlemen: 
 Reference is
hereby made to the Series 2006-1 Supplement, dated as of May 11, 2006 (as may be amended, supplemented or modified from time to time in accordance with its terms, the “Series 2006-1 Supplement”), among Budget Truck Funding, LLC
(“BTF”), as Issuer, Budget Truck Rental, LLC, as Administrator, Deutsche Bank Securities, Inc., as Administrative Agent, Certain CP Conduit Purchasers, Certain Funding Agents, Certain APA Banks and The Bank of New York Trust
Company, N.A., as Trustee (in such capacity, the “Trustee”), as Series 2006-1 Agent and Securities Intermediary, to the Base Indenture, dated as of May 11, 2006 (as may be amended, supplemented or modified from time to time in
accordance with its terms, the “Base Indenture”), between BTF and the Trustee. Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned thereto in the Series 2006-1 Supplement or the Base
Indenture, as applicable. 
 Pursuant to the Series 2006-1 Supplement, BTF hereby requests that the Series 2006-1 Commitment Termination Date
be extended from the Series 2006-1 Initial Commitment Termination Date to May 8, 2008. 
 Each of Riverside Funding LLC, as CP Conduit
Purchaser, Deutsche Bank, AG, New York Branch, as APA Bank, and Deutsche Bank Securities, Inc., as Funding Agent, by executing the appropriate signature block below, hereby agrees to the extension of the Series 








 
2006-1 Commitment Termination Date as effected by this letter. In consideration for such extension, BTF agrees to pay a renewal fee equal to 0.05% of
the Series 2006-1 Maximum Invested Amount to Deutsche Bank Securities, Inc. on the date hereto. 
 This letter may be executed in any number
of counterparts, and by different parties hereto on separate counterparts, each of which when executed and delivered, shall be an original, but all of which shall together constitute one and the same instrument. 
 THIS LETTER SHALL BE CONSTRUED IN ACCORDANCE WITH THE LAW OF THE STATE OF NEW YORK, AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HERETO SHALL
BE DETERMINED IN ACCORDANCE WITH SUCH LAW. 
 * * * * * * * * 
  


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	Yours truly,
	
	BUDGET TRUCK FUNDING, LLC, as Issuer
		
	By:	 	/s/: Rochelle Tarlowe
		 	Name: Rochelle Tarlowe
		 	Title: Vice President and Assistant Treasurer










			
	ACKNOWLEDGED AND AGREED
	
	RIVERSIDE FUNDING LLC, as CP Conduit Purchaser
		
	By:	 	/s/: Frank B. Bilotta
		 	Name: Frank B. Bilotta
		 	Title: Vice President
		
	By:	 	/s/: Jill A. Gordon
		 	Name: Jill A. Gordon
		 	Title: Vice President
	
	DEUTSCHE BANK, AG, NEW YORK BRANCH, as APA Bank
		
	By:	 	/s/: Eric Shea
		 	Name: Eric Shea
		 	Title: Managing Director
		
	By:	 	/s/: Sergey Moiseyenko
		 	Name: Sergey Moiseyenko
		 	Title: Vice President
	
	DEUTSCHE BANK SECURITIES, INC., as Funding Agent
		
	By:	 	/s/: Eric Shea
		 	Name: Eric Shea
		 	Title: Managing Director
		
	By:	 	/s/: Sergey Moiseyenko
		 	Name: Sergey Moiseyenko
		 	Title: Vice President