Establishment of the Hedge Payment Account. On or before the Series Closing Date of the first Series of Notes issued pursuant to this Base Indenture providing for a Series Hedge Agreement, the Master Issuer, or the Manager on behalf of the Master Issuer, shall establish and maintain with the Trustee the Hedge Payment 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.
Appears in 10 contracts
Sources: Base Indenture (Jersey Mike's Subs Inc.), Supplement to A&r Base Indenture (Planet Fitness, Inc.), Base Indenture (Wendy's Co)
Establishment of the Hedge Payment Account. On or before prior to the Series Closing Date of the first Series of Notes issued pursuant to this Base Indenture providing for a Series Hedge Agreement, the Master Issuer, Issuer (or the Manager on behalf of the Master Issuer, its behalf) shall establish and maintain with the Trustee the Hedge Payment 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 Hedge Payment Account shall be an Eligible Account.
Appears in 4 contracts
Sources: Base Indenture Amendment (Wingstop Inc.), Base Indenture (Yum Brands Inc), Base Indenture (Wingstop Inc.)
Establishment of the Hedge Payment Account. On or before prior to the Series Closing Date of the first Series of Notes issued pursuant to this Base Indenture providing for a Series Hedge Agreement, the Master Issuer, or the Manager on behalf of the Master Issuer, shall establish and maintain with the Trustee the Hedge Payment Account an 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 PartiesParties (the “Hedge Payment Account”).
Appears in 3 contracts
Sources: Ninth Supplement to Amended and Restated Base Indenture (Dominos Pizza Inc), Sixth Supplement to Amended and Restated Base Indenture (Dominos Pizza Inc), Base Indenture (Dominos Pizza Inc)
Establishment of the Hedge Payment Account. On or before prior to the Series Closing Date of the first Series of Notes issued pursuant to this Base Indenture providing for a Series Hedge Agreement, the Master IssuerCo-Issuers, or the Manager on behalf of the Master IssuerCo-Issuers, shall establish and maintain with the Trustee the Hedge Payment Account an 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 PartiesParties (the “Hedge Payment Account”).
Appears in 2 contracts
Sources: Base Indenture (Dine Brands Global, Inc.), Base Indenture (Dine Brands Global, Inc.)
Establishment of the Hedge Payment Account. On or before the Series Closing Date of the first Series of Notes issued pursuant to this Base Indenture providing for a Series Hedge Agreement, the Master Issuer, or the Manager on behalf of the Master Issuer, shall establish and maintain with the Trustee the Hedge Payment Account in the name of the Master Issuer subject to the lien 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.
Appears in 1 contract
Sources: Base Indenture (Wendy's Co)
Establishment of the Hedge Payment Account. On or before prior to the Series Closing Date of the first Series of Notes issued pursuant to this Base Indenture providing for a Series Hedge Agreement, the Master Issuer, Issuer (or the Manager on behalf of the Master Issuer, its behalf) shall establish and maintain with the Trustee the Hedge Payment Account in the name of the Issuer subject to the lien 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 Hedge Payment Account shall be an Eligible Account.
Appears in 1 contract
Sources: Base Indenture (Yum Brands Inc)
Establishment of the Hedge Payment Account. On or before prior to the Series Closing Date of the first Series of Notes issued pursuant to this Base Indenture providing for a Series Hedge Agreement, the Master Issuer, or the Manager on behalf of the Master Issuer, Co-Issuers shall establish and maintain with the Trustee the Hedge Payment Account as a segregated trust 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 Hedge Payment Account shall be an Eligible Account.
Appears in 1 contract
Establishment of the Hedge Payment Account. On or before prior to the Series Closing Date of the first Series of Notes issued pursuant to this Base Indenture providing for a Series Hedge Agreement, the Master Issuer, or the Manager on behalf of the Master Issuer, shall establish and maintain with the Trustee the Hedge Payment Account an 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 PartiesParties (the “Hedge Payment Account”).
Appears in 1 contract
Establishment of the Hedge Payment Account. On or before the Series Closing Date of the first Series of Notes issued pursuant to this Base Indenture providing for a Series Hedge Agreement, the Master Issuer, or the Manager on behalf of the Master Issuer, shall establish and maintain with the Trustee the Hedge Payment 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.
Appears in 1 contract