Common use of Additional Information; Access to Books and Records Clause in Contracts

Additional Information; Access to Books and Records. The Manager shall furnish from time to time such additional information regarding the Collateral or compliance with the covenants and other agreements of the Manager and any Securitization Entity under the Related Documents as the Trustee, the Back-Up Manager or the Control Party may reasonably request, subject at all times to compliance with the 1934 Act, the 1933 Act and any other applicable law. The Manager shall, and shall cause each Securitization Entity to, permit, at reasonable times upon reasonable notice, the Control Party, the Controlling Class Representative, the Back-Up Manager and the Trustee or any Person appointed by any of them as its agent to visit and inspect any of its properties, examine its books and records and discuss its affairs with its officers, directors, managers, employees and independent certified public accountants, and up to one such visit and inspection by each of the Control Party, the Controlling Class Representative and the Trustee, or any Person appointed by them shall be reimbursable as a Securitization Operating Expense per calendar year, with any additional visit or inspection by any such Person being at such Person’s sole cost and expense; provided, however that during the continuance of a Warm Back-Up Management Trigger Event, a Rapid Amortization Event, an A-1 Notes Amortization Event, a Default, or an Event of Default, or to the extent expressly required without the instruction of any other party under the terms of any Related Documents, any such Person may visit and conduct such activities at any time and all such visits and activities will constitute a Securitization Operating Expense. Notwithstanding the foregoing, the Manager shall not be required to disclose or make available communications protected by the attorney- client privilege.

Appears in 1 contract

Samples: Management Agreement (European Wax Center, Inc.)

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Additional Information; Access to Books and Records. The Manager shall furnish from time to time such additional information regarding the Collateral or compliance with the covenants and other agreements of the Manager Dine Brands Global and any Securitization Entity under the Related Documents as the Trustee, the Back-Up Manager or the Control Party Servicer may reasonably request, subject at all times to compliance with the 1934 Exchange Act, the 1933 Securities Act and any other applicable lawRequirements of Law. The Manager shallwill, and shall will cause each Securitization Entity to, permit, at reasonable times upon reasonable notice, the Control Party, the Controlling Class RepresentativeServicer, the Back-Up Manager Servicer, the Controlling Class Representative and the Trustee or any Person appointed by any of them as its agent to visit and inspect any of its properties, examine its books and records and discuss its affairs with its officers, directors, managers, employees and independent certified public accountants, and up to one such visit and inspection by each of the Control PartyServicer, the Controlling Class Representative and the Trustee, or any Person appointed by them shall be reimbursable as a Securitization Operating Expense per calendar year, with any additional visit or inspection by any such Person being at such Person’s sole cost and expense; provided, however that during the continuance of a Warm Back-Up Management Trigger Event, a Rapid Amortization Event, an A-1 Notes Amortization Event, a Default, or an Event of Default, or to the extent expressly required without the instruction of any other party under the terms of any Related Documents, any such Person may visit and conduct such activities at any time and all such visits and activities will constitute a Securitization Operating Expense. Notwithstanding the foregoing, the Manager shall not be required to disclose or make available communications protected by the attorney- attorney-client privilege.

Appears in 1 contract

Samples: Management Agreement (Dine Brands Global, Inc.)

Additional Information; Access to Books and Records. The Manager shall furnish from time to time such additional information regarding the Collateral or compliance with the covenants and other agreements of the Manager Driven Brands and any Securitization Entity under the Related Transaction Documents as the Trustee, the Back-Up Manager or the Control Party Servicer may reasonably request, subject at all times to compliance with the 1934 Exchange Act, the 1933 Securities Act and any other applicable law. The Manager shallwill, and shall will cause each Securitization Entity Service Recipient to, permit, at reasonable times upon reasonable notice, the Control PartyServicer, the Controlling Class Representative, the Back-Up Manager Representative and the Trustee or any Person appointed by any of them as its agent to visit and inspect any of its properties, examine its books and records and discuss its affairs with its officers, directors, managers, employees and independent certified public accountants, and up to one such visit and inspection inspections by each of the Control PartyServicer, the Controlling Class Representative and the Trustee, or any Person appointed by them shall be reimbursable as a Securitization Operating Expense or other operating expense of Take 5 Company Locations per calendar year, with any additional visit or inspection by any such Person being at such Person’s sole cost and expense; provided, however that during the continuance of a Warm Back-Up Management Trigger Event, a Rapid Amortization Event, an A-1 Notes Amortization Event, a Default, or an Event of Default, or to the extent expressly required without the instruction of any other party under the terms of any Related Transaction Documents, any such Person may visit and conduct such activities at any time and all such visits and activities will constitute a Securitization Operating ExpenseExpense or other operating expense of a Take 5 Company Location. Notwithstanding the foregoing, the Manager shall not be required to disclose or make available communications protected by the attorney- attorney-client privilege.

Appears in 1 contract

Samples: Management Agreement (Driven Brands Holdings Inc.)

Additional Information; Access to Books and Records. The Manager shall furnish from time to time such additional information regarding the Collateral or compliance with the covenants and other agreements of the Manager Dine Brands Global and any Securitization Entity under the Related Transaction Documents as the Trustee, the Back-Up Manager or the Control Party Servicer may reasonably request, subject at all times to compliance with the 1934 Exchange Act, the 1933 Securities Act and any other applicable lawRequirements of Law. The Manager shallwill, and shall will cause each Securitization Entity to, permit, at reasonable times upon reasonable notice, the Control Party, the Controlling Class RepresentativeServicer, the Back-Up Manager Manager, the Controlling Class Representative and the Trustee or any Person appointed by any of them as its agent to visit and inspect any of its properties, examine its books and records and discuss its affairs with its officers, directors, managers, employees and independent certified public accountants, and up to one such visit and inspection by each of the Control PartyServicer, the Controlling Class Representative and the Trustee, or any Person appointed by them shall be reimbursable as a Securitization Operating Expense per calendar year, with any additional visit or inspection by any such Person being at such Person’s sole cost and expense; provided, however that during the continuance of a Warm Back-Up Management Trigger Event, a Rapid Amortization Event, an A-1 Notes Amortization Event, a Default, or an Event of Default, or to the extent expressly required without the instruction of any other party under the terms of any Related Transaction Documents, any such Person may visit and conduct such activities at any time and all such visits and activities will constitute a Securitization Operating Expense. Notwithstanding the foregoing, the Manager shall not be required to disclose or make available communications protected by the attorney- attorney-client privilege.

Appears in 1 contract

Samples: Management Agreement (Dine Brands Global, Inc.)

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Additional Information; Access to Books and Records. The Manager shall furnish from time to time such additional information regarding the Collateral or compliance with the covenants and other agreements of the Manager DineEquity and any Securitization Entity under the Related Documents as the Trustee, the Back-Up Manager or the Control Party Servicer may reasonably request, subject at all times to compliance with the 1934 Exchange Act, the 1933 Securities Act and any other applicable law. The Manager shallwill, and shall will cause each Securitization Entity to, permit, at reasonable times upon reasonable notice, the Control Party, the Controlling Class RepresentativeServicer, the Back-Up Manager Servicer, the Controlling Class Representative and the Trustee or any Person appointed by any of them as its agent to visit and inspect any of its properties, examine its books and records and discuss its affairs with its officers, directors, managers, employees and independent certified public accountants, and up to one such visit and inspection by each of the Control PartyServicer, the Controlling Class Representative and the Trustee, or any Person appointed by them shall be reimbursable as a Securitization Operating Expense per calendar year, with any additional visit or inspection by any such Person being at such Person’s sole cost and expense; provided, however that during the continuance of a Warm Back-Up Management Trigger Event, a Rapid Amortization Event, an A-1 Notes Amortization Event, a Default, or an Event of Default, or to the extent expressly required without the instruction of any other party under the terms of any Related Documents, any such Person may visit and conduct such activities at any time and all such visits and activities will constitute a Securitization Operating Expense. Notwithstanding the foregoing, the Manager shall not be required to disclose or make available communications protected by the attorney- attorney-client privilege.

Appears in 1 contract

Samples: Management Agreement (DineEquity, Inc)

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