Examples of Future Securitization Entity in a sentence
At the time any Future Securitization Entity is created or acquired, or any Future Brand is contributed into any Future Securitization Entity or any other Securitization Entity, the definitions of “SPV Franchising Entities”, “Driven Securitization Brands” and “Securitization IP” shall be read to include such Future Securitization Entity and Future Brand, respectively.
Upon the execution and delivery by any Future Securitization Entity of such an Assumption Agreement, the supplemental schedules attached to such Assumption Agreement shall be incorporated into and become a part of and supplement the Schedules to this Agreement, and each reference to such Schedules shall mean and be a reference to such Schedules as supplemented pursuant to each Assumption Agreement.
Each Future Securitization Entity shall become a Guarantor for all purposes of this Agreement upon execution and delivery by such Future Securitization Entity of an Assumption Agreement in substantially the form of Exhibit A attached hereto.
No Guarantor has any subsidiaries or owns any Equity Interests in any other Person, other than as set forth in such Schedule 4.5 and other than any Future Securitization Entity.
By executing and delivering this Joinder Agreement, the Future Securitization Entity, as provided in Section 8.16 of the Management Agreement, hereby becomes a party to the Management Agreement as a Securitization Entity thereunder with the same force and effect as if originally named therein as a Securitization Entity and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Securitization Entity thereunder.
Each reference to a “Securitization Entity” in the Management Agreement shall be deemed to include the Future Securitization Entity.
This Joinder Agreement shall become effective when each of the Future Securitization Entity, the Manager and the Trustee has executed a counterpart hereof.
At the time any Future Securitization Entity is created or acquired, or any Future Brand is contributed into any Future Securitization Entity or any other Securitization Entity, the definitions of “Issuer Subsidiaries” and “Taco Xxxx Brand” shall be amended to include such Future Securitization Entities and Future Brands, respectively, and the definition of “Securitization IP” shall be amended to include U.S. Intellectual Property related to those Future Securitization Entities and Future Brands.
The amounts on deposit in any such Franchise Capital Account shall not be subject to any limitations (other than the balance in such account not exceeding the Manager’s reasonable estimate of the amounts required to meet any such exemptions) and Wingstop Franchisor or such Future Securitization Entity, as applicable, may withdraw such amounts in its sole discretion, except as expressly set forth herein or in the other Transaction Documents.
At the time any Future Securitization Entity is created or acquired, or any Future Brand is contributed into any Future Securitization Entity or any other Securitization Entity, the definitions of “Issuer Subsidiaries” and “Taco Bxxx Brand” shall be amended to include such Future Securitization Entities and Future Brands, respectively, and the definition of “Securitization IP” shall be amended to include U.S. Intellectual Property related to those Future Securitization Entities and Future Brands.