Actions under the Transaction Documents. (a) Except as otherwise provided in Section 8.7(d), no Co-Issuer will, nor will it permit any other Service Recipient to, take any action that would permit any Driven Brands Entity or any other Person party to a Transaction Document to have the right to refuse to perform any of its respective obligations under any of the Transaction Documents or that would result in the amendment, waiver, hypothecation, subordination, termination or discharge of, or impair the validity or effectiveness of, any Transaction Document.
Actions under the Transaction Documents. (a) Except as otherwise provided in Section 8.7(d), the Issuer will not, nor will permit any other Securitization Entity to, take any action that would permit any Holdco Entity or any other Person party to a Transaction Document to have the right to refuse to perform any of its respective obligations under any of the Transaction Documents or that would result in the amendment, waiver, hypothecation, subordination, termination or discharge of, or impair the validity or effectiveness of, any Transaction Document.
Actions under the Transaction Documents. (a) Except as otherwise provided in Section 8.7(d), the Issuer will not, nor will permit any other Service Recipient to, take any action that would permit any Driven Brands Entity or any other Person party to a Transaction Document to have the right to refuse to perform any of its respective obligations under any of the Transaction Documents or that would result in the amendment, waiver, hypothecation, subordination, termination or discharge of, or impair the validity or effectiveness of, any Transaction Document.
Actions under the Transaction Documents. (a) Except as otherwise provided in Section 8.7(d), the Co-Issuers will not, nor will permit any other Securitization Entity to, take any action that would permit any Securitization Entity or any other Person party to a Transaction Document to have the right to refuse to perform any of its respective obligations under any of the Transaction Documents or that would result in the amendment, waiver, hypothecation, subordination, termination or discharge of, or impair the validity or effectiveness of, any Transaction Document.
Actions under the Transaction Documents. (a) Except as otherwise provided in Section 8.7(d), the Issuer will not, and will not permit any Securitization Entity to, take any action that would permit any Arby’s Entity or any other Person party to a Transaction Document to have the right to refuse to perform any of its respective obligations under any of the Transaction Documents or that would result in the amendment, waiver, hypothecation, subordination, termination or discharge of, or impair the validity or effectiveness of, any Transaction Document.
Actions under the Transaction Documents. (a) Except as otherwise provided in Section 8.7(d), the Issuerno Co-Issuer will not, nor will it permit any other Service Recipient to, take any action that would permit any Driven Brands Entity or any other Person party to a Transaction Document to have the right to refuse to perform any of its respective obligations under any of the Transaction Documents or that would result in the amendment, waiver, hypothecation, subordination, termination or discharge of, or impair the validity or effectiveness of, any Transaction Document.
Actions under the Transaction Documents
