Budget Rent a Car System, Inc. Watch

from S-4 3 pages Whereas, in Connection With the Credit Agreement, the Borrower and Certain of Its Affiliates (Other Than the Additional Grantor) Have Entered Into the Amended and Restated Guarantee and Collateral Agreement, Dated as of May 3, 2011 (As Amended, Supplemented or Otherwise Modified From Time to Time, the “Amended and Restated Guarantee and Collateral Agreement”) in Favor of the Administrative Agent for the Ratable Benefit of the Secured Parties; Whereas, the Credit Agreement Requires the Additional Grantor to Become a Party to the Amended and Restated Guarantee and Collateral Agreement; and Whereas, the Additional Grantor Has Agreed to Execute and Deliver This Assumption Agreement in Order to Become a Party to the Amended and Restated Guarantee and Collateral Agreement; Now, Therefore, It Is Agreed