Common use of Series 2019-1 Notices of Final Payment Clause in Contracts

Series 2019-1 Notices of Final Payment. The Master Issuer shall notify the Trustee, the Servicer and each of the Rating Agencies on or before the Prepayment Record Date preceding the Series 2019-1 Prepayment Date that will be the Series 2019-1 Final Payment Date; provided, however, that with respect to any Series 2019-1 Final Payment that is made in connection with any mandatory or optional prepayment in full, the Master Issuer shall not be obligated to provide any additional notice to the Trustee or the Rating Agencies of such Series 2019-1 Final Payment beyond the notice required to be given in connection with such prepayment pursuant to Section 3.6(g) of this Series Supplement. The Trustee shall provide any written notice required under this Section 3.6(l) to each Person in whose name a Series 2019-1 Note is registered at the close of business on such Prepayment Record Date of the Series 2019-1 Prepayment Date that will be the Series 2019-1 Final Payment Date. Such written notice to be sent to the Series 2019-1 Noteholders shall be made at the expense of the Master Issuer and shall be mailed by the Trustee within five (5) Business Days of receipt of notice from the Master Issuer indicating that the Series 2019-1 Final Payment will be made and shall specify that such Series 2019-1 Final Payment will be payable only upon presentation and surrender of the Series 2019-1 Notes and shall specify the place where the Series 2019-1 Notes may be presented and surrendered for such Series 2019-1 Final Payment.

Appears in 2 contracts

Samples: Note Purchase Agreement (Wendy's Co), Base Indenture (Dunkin' Brands Group, Inc.)

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Series 2019-1 Notices of Final Payment. The Master Issuer shall notify the Trustee, the Servicer and each of the Rating Agencies on or before the Prepayment Record Date preceding the Series 2019-1 Prepayment Date that will shall be the Series 2019-1 Final Payment Date; provided, however, that with respect to any Series 2019-1 Final Payment that is made in connection with any mandatory or optional prepayment in full, the Master Issuer shall not be obligated to provide any additional notice to the Trustee or the Rating Agencies of such Series 2019-1 Final Payment beyond the notice required to be given in connection with such prepayment pursuant to Section 3.6(g) of this Series Supplement. The Trustee shall provide any written notice required under this Section 3.6(l) to each Person in whose name a Series 2019-1 Class A-2 Note is registered at the close of business on such Prepayment Record Date of the Series 2019-1 Prepayment Date that will shall be the Series 2019-1 Final Payment Date. Such written notice to be sent to the Series 2019-1 Class A-2 Noteholders shall be made at the expense of the Master Issuer and shall be mailed by the Trustee within five (5) Business Days of receipt of notice from the Master Issuer indicating that the Series 2019-1 Final Payment will shall be made and shall specify that such Series 2019-1 Final Payment will shall be payable only upon presentation and surrender of the Series 2019-1 Class A-2 Notes and shall specify the place where the Series 2019-1 Class A-2 Notes may be presented and surrendered for such Series 2019-1 Final Payment.

Appears in 1 contract

Samples: Base Indenture (Driven Brands Holdings Inc.)

Series 2019-1 Notices of Final Payment. The Master Issuer shall notify the Trustee, the Servicer and each of the Rating Agencies on or before the Prepayment Record Date preceding the Series 2019-1 Prepayment Date that will be the Series 2019-1 Final Payment Date; provided, however, that with respect to any Series 2019-1 Final Payment that is made in connection with any mandatory or optional prepayment in full, the Master Issuer shall not be obligated to provide any additional notice to the Trustee or the Rating Agencies of such Series 2019-1 Final Payment beyond the notice required to be given in connection with such prepayment pursuant to Section 3.6(g2.5(g) of this Series Supplement. The Trustee shall provide any written notice required under this Section 3.6(l2.5(l) to each Person in whose name a Series 2019-1 Note is registered at the close of business on such Prepayment Record Date of the Series 2019-1 Prepayment Date that will be the Series 2019-1 Final Payment Date. Such written notice to be sent to the Series 2019-1 Noteholders shall be made at the expense of the Master Issuer and shall be mailed by the Trustee within five (5) Business Days of receipt of notice from the Master Issuer indicating that the Series 2019-1 Final Payment will be made and shall specify that such Series 2019-1 Final Payment will be payable only upon presentation and surrender of the Series 2019-1 Notes and shall specify the place where the Series 2019-1 Notes may be presented and surrendered for such Series 2019-1 Final Payment.

Appears in 1 contract

Samples: Base Indenture (Planet Fitness, Inc.)

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Series 2019-1 Notices of Final Payment. The Master Issuer IssuerCo-Issuers shall notify the Trustee, the Servicer and each of the Rating Agencies on or before the Prepayment Record Date preceding the Series 2019-1 Prepayment Date that will shall be the Series 2019-1 Final Payment Date; provided, however, that with respect to any Series 2019-1 Final Payment that is made in connection with any mandatory or optional prepayment in full, the Master Issuer IssuerCo-Issuers shall not be obligated to provide any additional notice to the Trustee or the Rating Agencies of such Series 2019-1 Final Payment beyond the notice required to be given in connection with such prepayment pursuant to Section 3.6(g) of this Series Supplement. The Trustee shall provide any written notice required under this Section 3.6(l) to each Person in whose name a Series 2019-1 Class A-2 Note is registered at the close of business on such Prepayment Record Date of the Series 2019-1 Prepayment Date that will shall be the Series 2019-1 Final Payment Date. Such written notice to be sent to the Series 2019-1 Class A-2 Noteholders shall be made at the expense of the Master Issuer IssuerCo-Issuers and shall be mailed by the Trustee within five (5) Business Days of receipt of notice from the Master Issuer IssuerCo-Issuers indicating that the Series 2019-1 Final Payment will shall be made and shall specify that such Series 2019-1 Final Payment will shall be payable only upon presentation and surrender of the Series 2019-1 Class A-2 Notes and shall specify the place where the Series 2019-1 Class A-2 Notes may be presented and surrendered for such Series 2019-1 Final Payment.

Appears in 1 contract

Samples: Driven Brands Holdings Inc.

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