Examples of Canadian Securitization Entity in a sentence
No Canadian Securitization Entity has sponsored, maintained, contributed to, or otherwise incurred liability under any Canadian Defined Benefit Plan.
Prior to any Sub-Manager acting on behalf of any U.S. Securitization Entity or Canadian Securitization Entity, as applicable, in accordance with this Section, it will provide to the Trustee all applicable know-your-customer documentation required by the Trustee.
No Canadian Securitization Entity shall sponsor, maintain, contribute to or otherwise incur liability under any Canadian Defined Benefit Plan.
In the event that program costs exceed total revenues from all sources, Maschio’s shall be responsible for any losses incurred.
The Manager shall have the right to invest and reinvest funds deposited in any Management Account established by any Canadian Securitization Entity or the Manager in Eligible Investments maturing no later than the Business Day preceding each Weekly Allocation Date.
The Manager shall furnish from time to time such additional information regarding the Collateral or compliance with the covenants and other agreements of Driven Brands Shared Services and any Canadian Securitization Entity under the Transaction Documents as the Trustee, the Back-Up Manager or the Servicer may reasonably request, subject at all times to compliance with the Exchange Act, the Securities Act and any other applicable law.
The Manager shall not, and shall not permit any of its Subsidiaries to, create, incur, assume, permit or suffer to exist any Lien (other than Liens in favour of the Trustee for the benefit of the Secured Parties and any Permitted Lien set forth in clauses (a), (g) or (i) of the definition thereof) upon the Equity Interests of any Canadian Securitization Entity.
In the event a Canadian Securitization Entity acquires a Securitization-Owned Location, the Manager will provide written notice thereof to the Trustee.
All income or other gain from such Eligible Investments will be credited to the related Management Account, and any loss resulting from such investments will be charged to the related Management Account and, in each case, to the applicable Canadian Securitization Entity.
The Manager shall maintain twelve accounts in the name of the applicable Canadian Securitization Entity designated as the “Canadian Advertising Fund Accounts” for advertising payments due to the applicable Service Recipients in respect of the CARSTAR Brand, the Maaco Brand, the Meineke Brand, the Pro Oil Brand, Take 5 Brand, the Go Glass Brand and Star Auto Glass Brand in Canada, and may in the future create new Advertising Fund Accounts from time to time.