Common use of Earnings from the Senior Notes Interest Reserve Accounts Clause in Contracts

Earnings from the Senior Notes Interest Reserve Accounts. All interest and earnings (net of losses and investment expenses) paid on funds on deposit in the Senior Notes Interest Reserve Accounts shall be deemed to be Investment Income on deposit for distribution to the applicable Collection Account in accordance with Section 5.10.

Appears in 4 contracts

Samples: Driven Brands Holdings Inc., Driven Brands Holdings Inc., Driven Brands Holdings Inc.

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Earnings from the Senior Notes Interest Reserve Accounts. All interest and earnings (net of losses and investment expenses) paid on funds on deposit in the Senior Notes Interest Reserve Accounts shall be deemed to be Investment Income on deposit for distribution to the applicable Collection Account in accordance with Section 5.105.10(e)(ii).

Appears in 2 contracts

Samples: Base Indenture Definitions List (Yum Brands Inc), Yum Brands Inc

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