WENDY’S FUNDING, LLC SERIES 2021-1 2.370% FIXED RATE SENIOR SECURED NOTES, CLASS A-2-I SERIES 2021-1 2.775% FIXED RATE SENIOR SECURED NOTES, CLASS A-2-II PURCHASE AGREEMENTPurchase Agreement • June 16th, 2021 • Wendy's Co • Retail-eating & drinking places • New York
The Offered Notes (i) will have terms and provisions that are summarized in the Pricing Disclosure Package (as defined below) and (ii) are to be issued pursuant to a Base Indenture (as amended or supplemented prior to the date hereof, the “Base Indenture”), dated as of June 1, 2015 (the “Initial Closing Date”) and a series supplement to be dated on or about June 22, 2021 (the “Series 2021-1 Supplement” and, together with the Base Indenture, the “Indenture”) and entered into between the Master Issuer and Citibank, N.A., a national banking association, as trustee (in such capacity, the “Trustee”), and as securities intermediary. The Master Issuer’s obligations under the Offered Notes will be jointly and severally irrevocably and unconditionally guaranteed (the “Guarantees”) by Wendy’s SPV Guarantor, LLC, a special purpose Delaware limited liability company (the “Holding Company Guarantor”), Quality is Our Recipe, LLC, a special purpose Delaware limited liability company (the “Franchise H
