Document:

Amendment No. 1 to Series 2012-1 Supplement, dated May 14, 2012

 Exhibit 10.5 
 EXECUTION VERSION 
 AMENDMENT NO. 1 

TO SERIES 2012-1 SUPPLEMENT 
 This AMENDMENT NO. 1 TO SERIES 2012-1 SUPPLEMENT, dated as of May 14, 2012 (this “Amendment”), is between Centre Point Funding, LLC (“CPF”), as Issuer, Budget
Truck Rental LLC (“BTR”), as Administrator, Deutsche Bank Securities Inc. (“DBSI”), as Administrative Agent, Deutsche Bank Trust Company Americas (“DBTCA”), as a Non-Conduit Purchaser, Windmill
Funding Corporation (“Windmill”), as a CP Conduit Purchaser, The Royal Bank of Scotland plc (“RBS”), as a Funding Agent and an APA Bank, and the Bank of New York Mellon Trust Company, N.A.
(“BNYMTC”), in its capacities as Trustee (in such capacity, the “Trustee”), Series 2012-1 Agent and Securities Intermediary. 
 RECITALS: 
 WHEREAS, CPF and the Trustee entered into that certain
Amended and Restated Base Indenture, dated as of March 9, 2010 (as the same may be amended, modified, supplemented or amended and restated in accordance with its terms, the “Base Indenture”); 

WHEREAS, the parties hereto entered into that certain Series 2012-1 Supplement to the Base Indenture, dated as of March 14,
2012, (the “Series Supplement”); 
 WHEREAS, pursuant to Section 12.11 of the Series Supplement,
the Series Supplement may be modified or amended in accordance with the requirements of Section 12.1 of the Base Indenture subject to the consent of the Series 2012-1 Required Noteholders; 

WHEREAS, pursuant to Section 12.1 of the Base Indenture, the provisions of the Series Supplement may be amended, modified or
waived, if such amendment, modification or waiver is in writing and consented to by CPF, the Trustee and, in respect of any amendment, modification or waiver to the Series Supplement which affects only the Series 2012-1 Notes and does not affect the
Noteholders of any other Series of Notes, as substantiated by an Officer’s Certificate, the Series 2012-1 Required Noteholders; 
 WHEREAS, the Series 2012-1 Noteholders party hereto constitute the Series 2012-1 Required Noteholders; and 
 WHEREAS, this Amendment has been duly authorized by all necessary limited liability company action on the part of CPF. 
 NOW, THEREFORE, in consideration of the premises and the agreements, provisions and covenants herein contained, the parties hereto agree as follows: 

 ARTICLE I. 
 Definitions 
 Section 1.1. Terms Defined in Series
Supplement or Base Indenture. Capitalized terms used in this Amendment not herein defined shall have the meaning contained in the Series Supplement and, if not defined therein, in the Definitions List attached to the Base Indenture as Annex
1 or as otherwise set forth in the Base Indenture. 
 ARTICLE II. 

Amendments 
 Section 2.1. Amendments to Appendix I – Eligible Truck Models. Appendix I to the Series Supplement is hereby amended and restated in its entirety by the replacement thereof with
the Appendix I attached as Annex A hereto. 
 ARTICLE III. 

Miscellaneous 
 Section 3.1. Effectiveness of Amendment. This Amendment shall become effective on the first date that the Trustee has received an Officer’s Certificate of CPF stating that this
Amendment affects only the Series 2012-1 Notes and does not affect the Noteholders of any other Series of Notes. 

Section 3.2. Effect of Amendment. Except as expressly set forth herein, this Amendment shall not by implication or
otherwise limit, impair, constitute a waiver of, or otherwise affect the rights and remedies of any of the parties hereto under the Series Supplement, nor alter, modify, amend or in any way affect any of the terms, conditions, obligations, covenants
or agreements contained in the Series Supplement, all of which are hereby ratified and affirmed in all respects by each of the parties hereto and shall continue in full force and effect. This Amendment shall apply and be effective only with respect
to the provisions of the Series Supplement specifically referred to herein, and any references in the Base Indenture to the provisions of the Series Supplement specifically referred to herein shall be to such provisions as amended by this Amendment.

 Section 3.3. Waiver of Notice. Each of the parties hereto waives any prior notice and any notice period
that may be required by any other agreement or document in connection with the execution of this Amendment. 

Section 3.4. Binding Effect. This Amendment shall be binding upon and inure to the benefit of the parties hereto and
their respective successors and assigns. 
 Section 3.5. Governing Law. THIS AMENDMENT SHALL BE CONSTRUED
IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK (WITHOUT GIVING EFFECT TO THE PROVISIONS THEREOF REGARDING CONFLICTS OF LAWS), AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HERETO SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS.

  
 2 

 Section 3.6. Counterparts. This Amendment may be executed in any number
of counterparts and by different parties herein in separate counterparts, each of which when executed and delivered shall be deemed to be an original and all of which taken together shall constitute but one and the same agreement. 

Section 3.7. Direction to BNYMTC. By their respective signatures hereto, the Series 2012-1 Noteholders signatory
hereto hereby authorize, instruct and direct BNYMTC in its various capacities hereunder to executive and deliver this Amendment. 

[SIGNATURE PAGES FOLLOW] 

  
 3 

 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed
by their respective officers thereunto duly authorized as of the day and year first above written. 
  

			
	 CENTRE POINT FUNDING, LLC,
     as Issuer

		
	By:	 	/s/ David B. Wyshner
		 	Name: David B. Wyshner
		 	 Title:

  

			
	 BUDGET TRUCK RENTAL LLC,

    as Administrator

		
	By:	 	/s/ David B. Wyshner
		 	Name: David B. Wyshner
		 	 Title:

  
 S-1

 
			
	DEUTSCHE BANK SECURITIES INC.,
	    as Administrative Agent
		
	By:	 	/s/ Billy Strobel
		 	Name: Billy Strobel
		 	Title: Vice President
		
	By:	 	/s/ Robert Sheldon
		 	Name: Robert Sheldon
		 	Title: Managing Director
	
	DEUTSCHE BANK TRUST COMPANY
	    AMERICAS, as a Non-Conduit Purchaser
		
	By:	 	/s/ Robert Sheldon
		 	Name: Robert Sheldon
		 	Title: Managing Director
		
	By:	 	/s/ Jay Steiner
		 	Name: Jay Steiner
		 	Title: Managing Director

  
 S-2

 
			
	WINDMILL FUNDING CORPORATION,
	    as a CP Conduit Purchaser
		
	By:	 	/s/ Jill A. Russo
		 	Name: Jill A. Russo
		 	Title: Vice President
	
	THE ROYAL BANK OF SCOTLAND PLC, as a
	    Funding Agent
	
	By: RBS Securities Inc., as agent
		
	By:	 	/s/ Gregory S. Blanck
		 	Name: Gregory S. Blanck
		 	Title: Managing Director
	
	THE ROYAL BANK OF SCOTLAND PLC, as an
	    APA Bank
	
	By: RBS Securities Inc., as agent
		
	By:	 	/s/ Gregory S. Blanck
		 	Name: Gregory S. Blanck
		 	Title: Managing Director

  
 S-3

 
			
	 THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., not in its individual capacity, but solely as Trustee, as Series
2012-1 Agent and as Securities Intermediary

		
	By:	 	/s/ David H. Hill
		 	Name: David H. Hill
		 	Title: Vice President

  
 S-4

			
	ACKNOWLEDGED BY:
	
	 AVIS BUDGET CAR RENTAL, LLC,
in its individual capacity

		
	By:	 	/s/ Rochelle Tarlowe
		 	Name: Rochelle Tarlowe
		 	Title: Vice President and Treasurer

  
 S-5

 Annex A 

Appendix I 

Eligible Makes and Models for Eligible Trucks 
  

	1)	Ford Cube 10 foot truck (gas) 

  

	2)	GMC Savana 10 foot truck (gas) 

  

	3)	Ford E350 12 foot (gas) 

  

	4)	GMC TG33503 12 foot (gas) 

  

	5)	Ford E350 16 foot truck (gas) 

  

	6)	GMC 3500 16 foot truck (gas) 

  

	7)	Ford F250 Cargo Van (gas) 

  

	8)	GMC Savana Cargo Van (gas) 

  

	9)	Ford 645 16 foot truck (diesel) 

  

	10)	International CF 500 16 foot truck (diesel) 

  

	11)	Isuzu 4500 16 foot truck (diesel) 

  

	12)	GMC 7500 24 foot truck (diesel) 

  

	13)	International 4200 24 foot truck (diesel) 

  

	14)	Ford F650 24 foot truck with liftgate (diesel) 

  

	15)	GMC 7500 24 foot truck with liftgate (diesel) 

  

	16)	International 4200 24 foot truck with liftgate (diesel) 

  

	17)	Isuzu 4500 24 foot truck with liftgate (diesel) 

  

	18)	Ford F750 26 foot (diesel) 

  

	19)	International 4300M7 26 foot truck (diesel) 

  
 C-1Amendment No. 2 to Series 2012-1 Supplement, dated July 31, 2012

 Exhibit 10.6 
 AMENDMENT NO. 2 
 TO SERIES 2012-1 SUPPLEMENT 

This AMENDMENT NO. 2 TO SERIES 2012-1 SUPPLEMENT, dated as of July 31, 2012 (this “Amendment”), is between
Centre Point Funding, LLC (“CPF”), as Issuer, Budget Truck Rental LLC, as Administrator, Deutsche Bank Securities Inc., as Administrative Agent, Deutsche Bank Trust Company Americas, as a Non-Conduit Purchaser, Windmill Funding
Corporation, as a CP Conduit Purchaser, The Royal Bank of Scotland plc, as a Funding Agent and an APA Bank, and the Bank of New York Mellon Trust Company, N.A. (“BNYMTC”), in its capacities as Trustee (in such capacity, the
“Trustee”), Series 2012-1 Agent and Securities Intermediary. 
 RECITALS: 

WHEREAS, CPF and the Trustee entered into that certain Amended and Restated Base Indenture, dated as of March 9, 2010 (as the
same may be amended, modified, supplemented or amended and restated in accordance with its terms, the “Base Indenture”); 
 WHEREAS, the parties hereto entered into that certain Series 2012-1 Supplement to the Base Indenture, dated as of March 14, 2012, (the “Series Supplement”); 

WHEREAS, pursuant to Section 12.11 of the Series Supplement, the Series Supplement may be modified or amended in accordance
with the requirements of Section 12.1 of the Base Indenture subject to the consent of the Series 2012-1 Required Noteholders; 
 WHEREAS, pursuant to Section 12.1 of the Base Indenture, the provisions of the Series Supplement may be amended, modified or waived, if such amendment, modification or waiver is in writing and
consented to by CPF, the Trustee and, in respect of any amendment, modification or waiver to the Series Supplement which affects only the Series 2012-1 Notes and does not affect the Noteholders of any other Series of Notes, as substantiated by an
Officer’s Certificate, the Series 2012-1 Required Noteholders; 
 WHEREAS, the Series 2012-1 Noteholders party
hereto constitute the Series 2012-1 Required Noteholders; and 
 WHEREAS, this Amendment has been duly authorized by all
necessary limited liability company action on the part of CPF. 
 NOW, THEREFORE, in consideration of the premises and
the agreements, provisions and covenants herein contained, the parties hereto agree as follows: 

 ARTICLE I. 
 Definitions 
 Section 1.1. Terms Defined in Series
Supplement or Base Indenture. Capitalized terms used in this Amendment not herein defined shall have the meaning contained in the Series Supplement and, if not defined therein, in the Definitions List attached to the Base Indenture as Annex
1 or as otherwise set forth in the Base Indenture. 
 ARTICLE II. 

Amendments 
 Section 2.1. Amendment to Section 5.12(a). Section 5.12(a) of the Series Supplement is hereby amended by deleting the text “the date that is five months after the Series
2012-1 Closing Date” in clause (i) of the second sentence thereof and replacing such text with “September 30, 2012.” 
 Section 2.2. Amendment to Definition of “Fee Letter”. The definition of “Fee Letter” in the Series Supplement is hereby amended by deleting the text “means the
letter dated as of March 14, 2012” and replacing such text with “means the amended and restated letter dated as of July 31, 2012.” 
 ARTICLE III. 
 Miscellaneous 

Section 3.1. Effectiveness of Amendment. This Amendment shall become effective on the first date that the Trustee has
received an Officer’s Certificate of CPF stating that this Amendment affects only the Series 2012-1 Notes and does not affect the Noteholders of any other Series of Notes. 

Section 3.2. Effect of Amendment. Except as expressly set forth herein, this Amendment shall not by implication or
otherwise limit, impair, constitute a waiver of, or otherwise affect the rights and remedies of any of the parties hereto under the Series Supplement, nor alter, modify, amend or in any way affect any of the terms, conditions, obligations, covenants
or agreements contained in the Series Supplement, all of which are hereby ratified and affirmed in all respects by each of the parties hereto and shall continue in full force and effect. This Amendment shall apply and be effective only with respect
to the provisions of the Series Supplement specifically referred to herein, and any references in the Base Indenture to the provisions of the Series Supplement specifically referred to herein shall be to such provisions as amended by this Amendment.

 Section 3.3. Waiver of Notice. Each of the parties hereto waives any prior notice and any notice period
that may be required by any other agreement or document in connection with the execution of this Amendment. 

  
 2 

 Section 3.4. Binding Effect. This Amendment shall be binding upon and
inure to the benefit of the parties hereto and their respective successors and assigns. 
 Section 3.5. Governing
Law. THIS AMENDMENT SHALL BE CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK (WITHOUT GIVING EFFECT TO THE PROVISIONS THEREOF REGARDING CONFLICTS OF LAWS), AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HERETO
SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS. 
 Section 3.6. Counterparts. This Amendment may be
executed in any number of counterparts and by different parties herein in separate counterparts, each of which when executed and delivered shall be deemed to be an original and all of which taken together shall constitute but one and the same
agreement. 
 Section 3.7. Direction to BNYMTC. By their respective signatures hereto, the Series 2012-1
Noteholders signatory hereto hereby authorize, instruct and direct BNYMTC in its various capacities hereunder to executive and deliver this Amendment. 
 [SIGNATURE PAGES FOLLOW] 

  
 3 

 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed
by their respective officers thereunto duly authorized as of the day and year first above written. 
  

			
	 CENTRE POINT FUNDING, LLC,

	     as Issuer

		 	
	 By:
	 	 /S/ David B. Wyshner

		 	Name: David B. Wyshner
		 	Title:
		 	
	 BUDGET TRUCK RENTAL LLC,
     as Administrator

		 	
	 By:
	 	 /S/ David B. Wyshner

		 	Name: David B. Wyshner
		 	Title:

  
 [Signature Page to
Amendment No. 2 to Series 2012-1 Supplement] 

 
			
	 DEUTSCHE BANK SECURITIES INC.,

	     as Administrative Agent

		 	
	 By:
	 	 /s/ Billy Strobel

		 	 Name: Billy Strobel

		 	 Title: Vice President

		 	
	 By:
	 	 /s/ Robert Sheldon

		 	 Name: Robert Sheldon

		 	 Title: Managing Director

		 	
	 DEUTSCHE BANK TRUST COMPANY

	     AMERICAS, as a Non-Conduit Purchaser

		 	
	 By:
	 	 /s/ Robert Sheldon

		 	 Name: Robert Sheldon

		 	 Title: Managing Director

		 	
	 By:
	 	 /s/ Jay Steiner

		 	 Name: Jay Steiner

		 	 Title: Managing Director

  
 [Signature Page to
Amendment No. 2 to Series 2012-1 Supplement] 

 
			
	WINDMILL FUNDING CORPORATION,
	    as a CP Conduit Purchaser
		
	By:	 	/s/ Jill A. Russo
		 	Name: Jill A. Russo
		 	Title: Vice President
	
	THE ROYAL BANK OF SCOTLAND PLC, as a
	    Funding Agent
	
	By: RBS Securities Inc., as agent
		
	By:	 	/s/ Gregory S. Blanck
		 	Name: Gregory S. Blanck
		 	Title: Managing Director
	
	THE ROYAL BANK OF SCOTLAND PLC, as an
	    APA Bank
	
	By: RBS Securities Inc., as agent
		
	By:	 	/s/ Gregory S. Blanck
		 	Name: Gregory S. Blanck
		 	Title: Managing Director

  
 [Signature Page to
Amendment No. 2 to Series 2012-1 Supplement] 

 
			
	 THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., not in its individual
capacity, but solely as Trustee, as Series
2012-1
Agent and as Securities Intermediary

		
	By:	 	/s/ David H. Hill
		 	Name: David H. Hill
		 	Title: Vice President

  
 [Signature Page to
Amendment No. 2 to Series 2012-1 Supplement] 

			
	 ACKNOWLEDGED BY:

	
	 AVIS BUDGET CAR RENTAL, LLC,
in its individual capacity

		
	 By:
	 	 /s/ Rochelle Tarlowe

		 	 Name: Rochelle Tarlowe

		 	 Title: Vice President and Treasurer

  
 [Signature Page to
Amendment No. 2 to Series 2012-1 Supplement]

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