Canadian Funding Holdco definition

Canadian Funding Holdco means Driven Canada Funding HoldCo Corporation, a special purpose Canadian corporation and an indirect, wholly-owned subsidiary of Parent.
Sample 1Sample 2
Canadian Funding Holdco means Driven Canada Funding HoldCo Corporation, a special purpose Canadian corporation and an indirect, wholly-owned subsidiary of DBI. “Canadian Intellectual Property” means any Intellectual Property subject to the laws of Canada. “Canadian IP License Agreements” means, collectively, (i) the 1-800-Radiator Canadian Franchisor License, dated as of the Series 2015-1 Closing Date, between 1-800-Radiator Franchisor, as licensor, and Radiator Express Canada, Inc., as licensee, as amended, supplemented or otherwise modified from time to time (the “1-800-Radiator Canadian Franchisor License”), (ii) the Meineke Canadian Franchisor License, dated as of the Series 2015-1 Closing Date, between Meineke Franchisor, as licensor, and Canadian Meineke Franchisor (as assignee of Meineke Canada Partnership L.P.), as licensee, as amended, supplemented or otherwise modified from time to time (the “Meineke Canadian Franchisor License”), (iii) the Maaco Canadian Franchisor License, dated as of the Series 2015-1 Closing Date, between Xxxxx Xxxxxxxxxx, as licensor, and Canadian Maaco Franchisor (as assignee of Maaco Canada Partnership, LP), as licensee, as amended, supplemented or otherwise modified from time to time (the “Maaco Canadian Franchisor License”) and (iv) the Amended and Restated Take 5 Canadian Franchisor License Agreement, dated as of June 29, 2020, between Take 5 Franchisor, as licensor, and Canadian Take 5 (as assignee of Take 5 Canada Partnership, LP), as licensee, and the other parties thereto, as amended, supplemented or otherwise modified from time to time (the “Take 5 Canadian Franchisor License”). “Canadian Maaco Franchisor” means Maaco Canada SPV LP, a special purpose Ontario limited partnership. “Canadian Maaco Franchisor GP” means Maaco Canada SPV GP Corporation, a special purpose Canadian corporation and a direct, wholly-owned subsidiary of the Canadian Co-Issuer, and the general partner of Canadian Xxxxx Xxxxxxxxxx. “Canadian Management Agreement” means the Management Agreement, dated as of the Series 2020-1 Closing Date, by and among the Canadian Manager, the Canadian Securitization Entities and the Trustee, solely for the purposes of Section 2.15 thereof, Carstar Canada Partnership, as amended on the Series 2022-1 Closing Date and as further amended, supplemented or otherwise modified from time to time. “Canadian Manager” means Driven Brands Canada Shared Services Inc., as manager under the Canadian Management Agreement, and any successor thereto.
Sample 1

Examples of Canadian Funding Holdco in a sentence

  • All of the issued and outstanding shares of Canadian Funding Holdco are directly owned by Canco, have been duly authorized and validly issued, are fully paid and non-assessable and are owned of record by Canco free and clear of all Liens other than Permitted Liens.

  • All of the issued and outstanding shares of the Canadian Co-Issuer are directly owned by Canadian Funding Holdco, have been duly authorized and validly issued, are fully paid and non-assessable and are owned of record by Canadian Funding Holdco free and clear of all Liens other than Permitted Liens.

Related to Canadian Funding Holdco

  • Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Borrowing of Loans occurs.

  • Initial Borrowing means the first Borrowing made pursuant to this Agreement.

  • Canadian Subsidiary Guarantor each Canadian Subsidiary of any Canadian Borrower which executes and delivers the Canadian Guarantee and Collateral Agreement, in each case, unless and until such time as the respective Canadian Subsidiary Guarantor ceases to constitute a Canadian Subsidiary of the Parent Borrower or is released from all of its obligations under the Canadian Guarantee and Collateral Agreement in accordance with the terms and provisions thereof.

  • Canadian Swingline Loan means a Swingline Loan made to the Canadian Borrower.

  • Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.

  • Canadian Borrowing means a Borrowing of Canadian Loans.

  • Principal Funding Investment Shortfall means, with respect to each Transfer Date relating to the Controlled Accumulation Period, the amount, if any, by which the Principal Funding Investment Proceeds for such Transfer Date are less than the Covered Amount determined as of such Transfer Date.

  • Principal Funding Investment Proceeds means, with respect to each Transfer Date, the investment earnings on funds in the Principal Funding Account (net of investment expenses and losses) for the period from and including the immediately preceding Transfer Date to but excluding such Transfer Date.

  • Borrowing Subsidiary Agreement means a Borrowing Subsidiary Agreement substantially in the form of Exhibit F-1.

  • Canadian Borrower as defined in the preamble hereto.

  • Borrowing Subsidiary means any Subsidiary that has been designated as such pursuant to Section 2.18 and that has not ceased to be a Borrowing Subsidiary as provided in such Section.

  • Canadian Loan means a Loan made to a Canadian Borrower denominated in Canadian Dollars.

  • Canadian Swingline Lender means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as lender of Canadian Swingline Loans hereunder.

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • Canadian Loan Party means any Loan Party organized under the laws of Canada or any province or territory thereof.

  • Canadian Loan Parties means the Canadian Borrower and the Canadian Guarantors.

  • Subsidiary Borrowers as defined in the preamble hereto.

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.

  • Canadian Benchmark means the applicable Canadian Benchmark Replacement to the extent that such Canadian Benchmark Replacement has replaced such prior benchmark rate. Any reference to “Canadian Benchmark” shall include, as applicable, the published component used in the calculation thereof.

  • Initial Borrower has the meaning specified in the preamble hereto.

  • Canadian Borrowing Base means, at any time, an amount in Dollars equal to:

  • Incremental Term Loan Borrowing Date means, with respect to each Class of Incremental Term Loans, each date on which Incremental Term Loans of such Class are incurred pursuant to Section 2.01(b) and as otherwise specified in any amendment providing for Incremental Term Loans in accordance with Section 2.22.

  • Canadian Subsidiaries means the Subsidiaries organized under the laws of Canada or any province, territory or other political subdivision thereof.

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • Subsidiary Borrower means, individually and collectively, as the context requires, each Subsidiary that is or becomes a “Borrower” in accordance with Section 2.22; in each case, unless and until it becomes a “Terminated Subsidiary Borrower”.

  • Borrowing Date any Business Day specified by the Borrower as a date on which the Borrower requests the relevant Lenders to make Loans hereunder.