Notice of Material Proceedings. Without limiting Section 8.27 or Section 8.25(b), promptly (and in any event within five (5) Business Days) upon the determination by either the Chief Financial Officer or the General Counsel of Parent that the commencement or existence of any litigation, arbitration or other proceeding with respect to any Driven Brands Entity would be reasonably likely to have a Material Adverse Effect, the Co-Issuers shall give written notice thereof to the Trustee, the Servicer and each Rating Agency.
Appears in 1 contract
Samples: Driven Brands Holdings Inc.
Notice of Material Proceedings. Without limiting Section 8.27 or Section 8.25(b), promptly (and in any event within five ten (510) Business Days) upon the determination by either the Chief Financial Officer or the General Counsel of Parent (or other person acting in a substantially similar capacity on behalf of Parent) that the commencement or existence of any litigation, arbitration or other proceeding with respect to any Driven Brands Wingstop Entity would be reasonably likely to have a Material Adverse Effect, the Co-Issuers Issuer shall give written notice thereof to the Trustee, the Servicer and each the Rating Agency.
Appears in 1 contract
Samples: Wingstop Inc.
Notice of Material Proceedings. Without limiting Section 8.27 or Section 8.25(b), promptly (and in any event within five (5) Business Days) upon the determination by either the Chief Financial Officer or the General Counsel of Parent ParentDBI that the commencement or existence of any litigation, arbitration or other proceeding with respect to any Driven Brands Entity would be reasonably likely to have a Material Adverse Effect, the Co-Issuers shall give written notice thereof to the Trustee, the Servicer and each Rating Agency.
Appears in 1 contract
Samples: Driven Brands Holdings Inc.
Notice of Material Proceedings. Without limiting Section 8.27 or Section 8.25(b), promptly (and in any event within five (5) Business Days) upon the determination by either the Chief Financial Officer or the General Counsel of Parent that the commencement or existence of any litigation, arbitration or other proceeding with respect to any Driven Brands Entity would be reasonably likely to have a Material Adverse Effect, the Co-Issuers Issuer shall give written notice thereof to the Trustee, the Servicer and each Rating Agency.
Appears in 1 contract
Samples: Driven Brands Holdings Inc.
Notice of Material Proceedings. Without limiting Section 8.27 or Section 8.25(b), promptly (and in any event within five (5) Business Days) upon the determination by either the Chief Financial Officer or the General Counsel of Parent that the commencement or existence of any litigation, arbitration or other proceeding with respect to any Driven Brands Entity would be reasonably likely to have a Material Adverse Effect, the CoIssuerCo-Issuers shall give written notice thereof to the Trustee, the Servicer and each Rating Agency.
Appears in 1 contract
Notice of Material Proceedings. Without limiting Section 8.27 or Section 8.25(b), promptly (and in any event within five (5) Business Days) upon the determination by either the Chief Financial Officer or the General Counsel of Parent DBI that the commencement or existence of any litigation, arbitration or other proceeding with respect to any Driven Brands Entity would be reasonably likely to have a Material Adverse Effect, the Co-Issuers shall give written notice thereof to the Trustee, the Servicer and each Rating Agency.
Appears in 1 contract
Samples: Driven Brands Holdings Inc.