Securitization IP Sample Clauses

Securitization IP. All Securitization IP shall be owned solely by the applicable Franchise Entity and shall not be assigned, transferred or licensed out by the Franchise Entity or Franchise Entities to any other entity other than as permitted or provided under the Transaction Documents.
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Securitization IP. All Securitization IP shall be owned solely by the applicable Guarantor and shall not be assigned, transferred or licensed out by the Guarantor or Franchise Entities to any other entity other than as permitted or provided under the Transaction Documents.
Sample 1Sample 2Sample 3
Securitization IP. All Securitization IP shall be owned solely by Wingstop Franchisor, and shall not be assigned, transferred or licensed out by Wingstop Franchisor to any other entity other than as permitted or provided under the Transaction Documents.
Sample 1Sample 2
Securitization IP. All Securitization IP, as applicable, shall be owned solely by the applicable Canadian SPV Franchising Entity, and shall not be assigned, transferred or licensed out by such Canadian SPV Franchising Entity to any other entity other than as permitted or provided under the Transaction Documents.
Sample 1Sample 2

Related to Securitization IP

  • Receivables (a) Other than in the ordinary course of business consistent with its past practice, such Grantor will not (i) grant any extension of the time of payment of any Receivable, (ii) compromise or settle any Receivable for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any Receivable, (iv) allow any credit or discount whatsoever on any Receivable or (v) amend, supplement or modify any Receivable in any manner that could adversely affect the value thereof.

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