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.
Appears in 5 contracts
Samples: Management Agreement (Dine Brands Global, Inc.), Management Agreement (Fat Brands, Inc), Management Agreement
Securitization IP. All Securitization IP shall be owned solely by the applicable Franchise Entity IP Holder, and shall not be assigned, transferred or licensed out by the Franchise Entity or Franchise Entities IP Holder to any other entity other than another Securitization Entity or as otherwise permitted or provided under the Transaction Documents.
Appears in 3 contracts
Samples: Management Agreement (Yum Brands Inc), Management Agreement, Management Agreement (Yum Brands Inc)
Securitization IP. All Securitization IP shall be owned solely by the applicable Franchise Entity Franchisor and shall not be assigned, transferred or licensed out by the Franchise Entity or Franchise Entities Franchisor to any other entity other than as permitted or provided under contemplated by the Transaction Related Documents, including any reasonable extensions of the Securitization Entities’ business determined by the Manager in accordance with the Managing Standard.
Appears in 2 contracts
Samples: Management Agreement (Jack in the Box Inc), Management Agreement (Jack in the Box Inc /New/)
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 Related Documents.
Appears in 2 contracts
Samples: Management Agreement (Dine Brands Global, Inc.), Management Agreement (DineEquity, Inc)
Securitization IP. All Securitization IP shall be owned solely by the applicable Franchise Entity IP Holder and shall not be assigned, transferred or licensed out by the Franchise Entity or Franchise Entities applicable IP Holder to any other entity other than as permitted or provided under the Transaction Related Documents.
Appears in 2 contracts
Samples: Management Agreement, Management Agreement (Dunkin' Brands Group, Inc.)
Securitization IP. All Securitization IP IP, as applicable, shall be owned solely by the applicable Franchise Entity SPV Franchising Entity, and shall not be assigned, transferred or licensed out by the Franchise such SPV Franchising Entity or Franchise Entities to any other entity other than as permitted or provided under the Transaction Documents.
Appears in 1 contract
Securitization IP. All Securitization IP shall be owned solely by the applicable Franchise Entity Franchisor and shall not be assigned, transferred or licensed out by the Franchise Entity or Franchise Entities Franchisor to any other entity other than as permitted or provided under the Transaction Related Documents.. ARTICLE 6 [RESERVED] ARTICLE 7
Appears in 1 contract
Securitization IP. All Securitization IP shall be owned solely by the applicable Franchise Entity Franchisor and shall not be assigned, transferred or licensed out by the Franchise Entity or Franchise Entities Franchisor to any other entity other than as permitted or provided under the Transaction Related Documents.
Appears in 1 contract
Securitization IP. All Securitization IP shall be owned solely by the applicable Franchise Entity SPV Franchising Entity, and shall not be assigned, transferred or licensed out by the Franchise such SPV Franchising Entity or Franchise Entities to any other entity other than as permitted or provided under the Transaction Documents.
Appears in 1 contract
Securitization IP. All Securitization IP (excluding Excepted Securitization IP Assets) shall be owned solely by the applicable Franchise Entity Franchisor and shall not be assigned, transferred or licensed out by the Franchise Entity or Franchise Entities Franchisor to any other entity other than as permitted or provided under the Transaction Related Documents.
Appears in 1 contract
