Merlin Brand definition

Merlin Brand means the Merlin® and 200,000 Miles® names and Merlin and 200,000 Miles Trademarks, whether alone or in combination with other words or symbols, and any variations or derivatives of any of the foregoing (but excluding any other Driven Securitization Brand).

Merlin Brand means the Merlin® and 200,000 Miles® names and Merlin and 200,000 Miles Trademarks, whether alone or in combination with other words or symbols, and any variations or derivatives of any of the foregoing (but excluding any other Driven Securitization Brand). “Merlin Franchisor” means Merlin Franchisor SPV LLC, a special purpose Delaware limited liability company and a direct, wholly owned subsidiary of Franchisor Holdco. “Monthly Claims Management Profits Amount” means, with respect to each four-week or five-week fiscal period of the applicable Securitization Entities’ fiscal year, the amount (not less than zero) equal to (a) all revenue (excluding applicable Pass-Through Amounts) accrued over such period in respect of the applicable Claims Management Business minus (b) all operating expenses (excluding applicable Excluded Operating Expenses, but including, in the case of Driven Canada Claims Management, Excluded Amounts described in clause (ii) or (iii) of the definition thereof and, at the option of Driven Canada Claims Management, any such Excluded Amount required or reasonably expected to be payable at or prior to the immediately following four (4) Quarterly Payment Dates or for which a reserve is maintained on account of quarterly or annual payment of such Excluded Amounts which, in each case, will be deemed to be accrued when paid or reserved) accrued over such period in connection with the operation of the Claims Management Business over such period.

Examples of Merlin Brand in a sentence

• The Manager shall maintain nine accounts, each designated as an “Advertising Fund Account” for advertising payments due to the applicable Service Recipients in respect of the Meineke Brand, Maaco Brand, Econo Lube Brand, Merlin Brand, 1-800-Radiator Brand, Carstar Brand, Take 5 Brand, ABRA Brand and Fix Auto Brand, and may in the future create new Advertising Fund Accounts from time to time.

• The Manager shall maintain ninemaintains ten (10) accounts, each designated as an “U.S. Advertising Fund Account” for advertising payments due to the applicable Service Recipients in respect of the Meineke Brand, Maaco Brand, Econo Lube Brand, Merlin Brand, 1-800-Radiator Brand, CarstarCARSTAR Brand, Take 0 Xxxxx, Xxxxx X Style Brand, ABRA Brand and Fix Auto Brand, each in the United States, and may in the future create new U.S. Advertising Fund Accounts from time to time.

• The Manager shall maintain seven accounts designated as the “Advertising Fund Accounts” for advertising payments in respect of the Meineke Brand, Maaco Brand, Econo Lube Brand, Merlin Brand, 1-800-Radiator Brand, Carstar Brand and Take 5 Brand, and may in the future create new Advertising Fund Accounts from time to time.