Prior Notice by Trustee to the Controlling Class Representative and Control Party. Subject to Section 10.1 of the Base Indenture, the Trustee agrees that it shall not exercise any rights or remedies available to it as a result of the occurrence of a Rapid Amortization Event or an Event of Default until after the Trustee has given prior written notice thereof to the Controlling Class Representative and the Control Party and obtained the direction of the Control Party (subject to Section 11.4(e) of the Base Indenture, at the direction of the Controlling Class Representative).
Appears in 34 contracts
Samples: Series 2022 1 Supplement (Dominos Pizza Inc), Series Supplement (European Wax Center, Inc.), Series Supplement (Planet Fitness, Inc.)
Prior Notice by Trustee to the Controlling Class Representative and Control Party. Subject to Section 10.1 of the Base Indenture, the Trustee agrees that it shall not exercise any rights or remedies available to it as a result of the occurrence of a Rapid Amortization Event (subject to Section 3.6(b) and Section 3.6(d)(iii) of this Series Supplement) or an Event of Default until after the Trustee has given prior written notice thereof to the Controlling Class Representative and the Control Party and obtained the direction of the Control Party (subject to Section 11.4(e) of the Base Indenture, at the direction of the Controlling Class Representative).
Appears in 4 contracts
Samples: Series 2024 1 Supplement (Driven Brands Holdings Inc.), Series 2022 1 Supplement (Driven Brands Holdings Inc.), Series 2021 1 Supplement (Driven Brands Holdings Inc.)
Prior Notice by Trustee to the Controlling Class Representative and Control Party. Subject to Section 10.1 of the Base Indenture, the Trustee agrees that it shall not exercise any rights or remedies available to it as a result of the occurrence of a Rapid Amortization Event (including any Lessee Payment Default Rapid Am Event) or an Event of Default until after the Trustee has given prior written notice thereof to the Controlling Class Representative and the Control Party and obtained the direction of the Control Party (subject to Section 11.4(e11.4(f) of the Base Indenture, at the direction of the Controlling Class Representative).
Appears in 2 contracts
Samples: Series Supplement (SPRINT Corp), Series Supplement (SPRINT Corp)
Prior Notice by Trustee to the Controlling Class Representative and Control Party. Subject to Section 10.1 10.01 of the Base Indenture, the Trustee agrees that it shall not exercise any rights or remedies available to it as a result of the occurrence of a Rapid Amortization Event or an Event of Default until after the Trustee has given prior written notice thereof to the Controlling Class Representative and the Control Party and obtained the direction of the Control Party (subject to Section 11.4(e11.04(e) of the Base Indenture, at the direction of the Controlling Class Representative).
Appears in 1 contract
Prior Notice by Trustee to the Controlling Class Representative and Control Party. Subject to Section 10.1 of the Base Indenture, the Trustee agrees that it shall not exercise any rights or remedies available to it as a result of the occurrence of a Rapid Amortization Event or an Event of Default until after the Trustee has given prior written notice thereof to the Controlling Class Representative and the Control Party and obtained the direction of the Control Party (subject to Section 11.4(e11.4(b) of the Base Indenture, at the direction of the Controlling Class Representative).
Appears in 1 contract
Samples: Series Supplement (Wendy's Co)