Establishment of the Cash Trap Reserve Account. The Master Issuer has established the Cash Trap Reserve Account in the name of the Trustee for the benefit of the Secured Parties, bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Secured Parties. The Cash Trap Reserve Account shall be an Eligible Account.
Appears in 6 contracts
Samples: Base Indenture (Wendy's Co), Sixth Supplement to Amended and Restated Base Indenture (Dominos Pizza Inc), Sixth Supplement to Base Indenture (Wendy's Co)
Establishment of the Cash Trap Reserve Account. The Master As of the Closing Date, the Issuer has established with the Trustee the Cash Trap Reserve Account in the name of the Trustee for the benefit of the Secured Parties, bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Secured Parties. The Cash Trap Reserve Account shall be an Eligible Account.
Appears in 2 contracts
Samples: Base Indenture Amendment (Wingstop Inc.), Base Indenture (Yum Brands Inc)
Establishment of the Cash Trap Reserve Account. The Master Prior to the Closing Date, the Issuer has established with the Trustee the Cash Trap Reserve Account in the name of the Trustee for the benefit of the Secured Parties, bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Secured Parties. The Cash Trap Reserve Account shall be an Eligible Account.
Appears in 1 contract
