Driven Brands License Agreement definition
Driven Brands License Agreement means the amended and restated Driven Brands License Agreement, dated as of October 4, 2019, by and between the U.S. SPV Franchising Entities (other than CARSTAR Franchisor and FUSA Franchisor), as licensors, and DBI, as licensee, as amended, supplemented or otherwise modified from time to time.
Driven Brands License Agreement means the amended and restated Driven Brands License Agreement, dated as of October 4, 2019, by and between the U.S. SPV Franchising Entities (other than CARSTAR Franchisor and FUSA Franchisor), as licensors, and DBI, as licensee, as amended, amended and restated, supplemented or otherwise modified from time to time. “Driven Brands Canadian License Agreement” means the Driven Brands Canadian License Agreement, dated as of the Series 2020-1 Closing Date, by and between the Canadian Co-Issuer, Go! Glass Franchisor and Star Auto Glass Franchisor, as licensors, and Driven Brands Canada Shared Services Inc. as licensee, as amended, amended and restated, supplemented or otherwise modified from time to time. “Driven Brands System” means the system of stores, service centers and distribution centers operating under the Driven Securitization Brands in the United States and Canada.
Driven Brands License Agreement means the amended and restated Driven Brands License Agreement, dated as of October 4, 2019, by and between the U.S. SPV Franchising Entities (other than CARSTAR Franchisor and FUSA Franchisor), as licensors, and DBI, as licensee, as amended, supplemented or otherwise modified from time to time. “Driven Brands Canadian License Agreement” means the Driven Brands Canadian License Agreement, dated as of the Series 2020-1 Closing Date, by and between the Canadian Co-Issuer, Go! Glass Franchisor and Star Auto Glass Franchisor, as licensors, and Driven Brands Canada Shared Services Inc. as licensee, as amended, supplemented or otherwise modified from time to time. “Driven Brands System” means the system of stores, service centers and distribution centers operating under the Driven Securitization Brands in the United States and Canada. “Driven Brands System-Wide Sales” means, with respect to any Quarterly Calculation Date, aggregate Gross Sales (which shall be permitted to include estimated Gross Sales of up to 10% of the total) (prior to adjustment on account of any costs, expenses, fees or royalties) for all franchise and company-owned locations subject to the Securitization Transaction for the four Quarterly Fiscal Periods ended immediately prior to such Quarterly Calculation Date. “Driven Canada Claims Management” means Driven Canada Claims Management LP, a special purpose Ontario limited partnership. “Driven Canada Claims Management GP” means Driven Canada Claims Management GP Corporation, a special purpose Canadian corporation and a direct, wholly-owned subsidiary of the Canadian Co-Issuer, and the general partner of Driven Canada Claims Management LP. “Driven Canada Product Sourcing” means Driven Canada Product Sourcing LP, a special purpose Ontario limited partnership. “Driven Canada Product Sourcing GP” means Driven Canada Product Sourcing GP Corporation, a special purpose Canadian corporation and a direct, wholly-owned subsidiary of the Canadian Co-Issuer, and the general partner of Driven Canada Product Sourcing LP. “Driven Securitization Brands” means the Meineke Brand, the Maaco Brand, the Econo Lube Brand, the Pro Oil Brand, the Drive N Style Brand, the Merlin Brand, the 1-800-Radiator Brand, the Carstar Brand, the Take 5 Brand, the ABRA Brand, the Fix Auto Brand, the Docteur du Pare-Brise Brand, the Go! Glass Brand, the Star Auto Glass Brand, the Uniglass Brand, the VitroPlus Brand, the other Uniban