Franchisee Payment Amounts means any amounts payable by or on behalf of a Franchisee or a prospective Franchisee under a Franchise Agreement to a Securitization Entity, including without limitation, all Franchisee Royalty Payments and payments in respect of Franchisee Notes, other than Excluded Amounts.
Franchisee Payment Amounts has the meaning set forth in the definition of “Collections” in this Annex A.
Examples of Franchisee Payment Amounts in a sentence
As of the Closing Date, the Issuer has established in the name of and for the benefit of the Issuer (i) the Concentration Account and the related Management Account(s) established for the purpose of collecting Franchisee Payment Amounts and amounts from Franchisees that constitute Excluded Amounts, (ii) the Asset Disposition Proceeds Account, (iii) the Insurance Proceeds Account and (iv) the Franchise Capital Account.