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.
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.
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.
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.
