Common use of Series Defeasance Clause in Contracts

Series Defeasance. Except as may be provided to the contrary in any Series Supplement, the Master Issuer, solely in connection with an optional prepayment in full, a mandatory prepayment in full or a redemption in full of all Outstanding Notes of a particular Series or in connection with the Series Legal Final Maturity Date of such Series of Notes, may terminate all of its Obligations under the Indenture and all Obligations of the Guarantors under the Guarantee and Collateral Agreement in respect of such Series of Notes (the “Defeased Series”) on and as of any Business Day (the “Series Defeasance Date”), provided:

Appears in 4 contracts

Samples: Contribution Agreement (Planet Fitness, Inc.), Base Indenture (European Wax Center, Inc.), Fitness Equipment Distribution Agreement (Planet Fitness, Inc.)

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Series Defeasance. Except as may be provided to the contrary in any Series Supplement, the Master Issuer, solely in connection with an optional prepayment in full, a mandatory prepayment in full or a redemption in full of all Outstanding Notes of a particular Series (the “Defeased Series”) or in connection with the Series Legal Final Maturity Date of such a particular Series of Notes, may terminate all Series Obligations with respect to such Series of its Obligations under the Indenture Notes and all Obligations of the Guarantors under the Guarantee and Collateral Agreement in respect of such Series of Notes (the “Defeased Series”) on and as of any Business Day (the “Series Defeasance Date”), provided) so long as:

Appears in 3 contracts

Samples: Driven Brands Holdings Inc., Base Indenture Definitions List (Yum Brands Inc), Wingstop Inc.

Series Defeasance. Except as may be provided to the contrary in any Series Supplement, the Master Issuer, solely in connection with an optional prepayment in full, a mandatory prepayment in full or a redemption in full of all Outstanding Notes of a particular Series or in connection with the Series Legal Final Maturity Date of such Series of Notes, may terminate all of its Obligations under the Indenture and all Obligations of the Guarantors under the Guarantee and Collateral Agreement in respect of such Series of Notes (the “Defeased Series”) on and as of any Business Day (the “Series Defeasance Date”), provided:

Appears in 2 contracts

Samples: Base Indenture (Wendy's Co), Wendy's Co

Series Defeasance. Except as may be provided to the contrary in any Series Supplement, the Master IssuerCo-Issuers, solely in connection with an optional prepayment in full, a mandatory prepayment in full or a redemption in full of all Outstanding Notes of a particular Series or in connection with the Series Legal Final Maturity Date of such a particular Series of Notes, may terminate all of its Series Obligations under the Indenture and all Obligations of the Guarantors under the Guarantee and Collateral Agreement in with respect of to such Series of Notes (the “Defeased Series”) and all Series Obligations of the Guarantor under the G&C Agreement in respect thereof on and as of any Business Day (the “Series Defeasance Date”), provided:

Appears in 1 contract

Samples: Nondisturbance and Attornment Agreement (Sonic Corp)

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Series Defeasance. Except as may be provided to the contrary in any Series Supplement, the Master IssuerIssuers, solely in connection with an optional prepayment in full, a mandatory prepayment in full or a redemption in full of all Outstanding Notes of a particular Series (the “Defeased Series”) or in connection with the Series Legal Final Maturity Date of such a particular Series of Notes, may terminate all of its their Obligations under the Indenture and all Obligations of the Guarantors under the Guarantee and Collateral Agreement in respect of such Series of Notes (the “Defeased Series”) on and as of any Business Day (the “Series Defeasance Date”), provided) if:

Appears in 1 contract

Samples: Base Indenture (SPRINT Corp)

Series Defeasance. Except as may be provided to the contrary in any Series Supplement, the Master Issuer, solely in connection with an optional prepayment in full, a mandatory prepayment in full or a redemption in full of all Outstanding Notes of a particular Series (the “Defeased Series”) or in connection with the Series Legal Final Maturity Date of such a particular Series of Notes, may terminate all of its Obligations under the Indenture and all Obligations of the Guarantors under the Guarantee and Collateral Agreement in respect of such Series of Notes (the “Defeased Series”) on and as of any Business Day (the “Series Defeasance Date”), provided:

Appears in 1 contract

Samples: Base Indenture (Dunkin' Brands Group, Inc.)

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