New Franchise Agreements definition

New Franchise Agreements means all Franchise Agreements and related guaranty agreements entered into by a Securitization Entity following the Closing Date, in its capacity as franchisor for Branded Restaurants.

New Franchise Agreements means all Franchise Agreements and related agreements entered into by a SPV Franchising Entity following the earliest applicable Series Closing Date, or such other date, when the related assets for such Driven Securitization Brand were contributed to the Securitization Entities pursuant to a Contribution Agreement, in each case, in such SPV Franchising Entity’s capacity as franchisor for Branded Locations (including all renewals of Franchise Agreements and related agreements contributed to a SPV Franchising Entity pursuant to the Contribution Agreements).

New Franchise Agreements means all Franchise Agreements and related guaranty agreements entered into by Taco Bxxx Franchisor after the Original Closing Date, in its capacity as franchisor for Branded Restaurants (including all renewals thereof and of Contributed Franchise Agreements).

Examples of New Franchise Agreements in a sentence

• As a condition to Closing, Buyer shall enter into the New Management Agreements and the New Franchise Agreements, effective as of the Closing Date, containing terms and conditions acceptable to Buyer (including, without limitation, such terms and conditions as may be required to accommodate Buyer’s and/or Buyer’s Affiliates’ REIT structure).

• Sellers shall use best efforts to promptly provide all information required by the Franchisor in connection with the New Franchise Agreements, and Sellers and Buyer shall diligently pursue obtaining each the same.

• Master Franchisee’s Development Rights include the right during the Term to enter into New Franchise Agreements with Franchisees for the operation of Franchised Restaurants in the Territory, subject to the rights of Existing Franchisees under Existing Franchise Agreements and Existing Development Agreements.

• The following objectives and policies outlined in the Land Use Element (Chapter 4), Public Safety Element (Chapter 10), Open Space Element (Chapter 12), and Public Facilities and Infrastructure Element (Chapter 14) are applicable to the Revised Project.Objective OS-10 Preserve the quantity and quality of all water resources throughout Riverside.Policy OS-10.6 Continue to enforce RWQCB regulations regarding urban runoff.

• Buyer shall use its commercially reasonable efforts to obtain the New Franchise Agreements and will keep Seller reasonably apprised of its efforts to obtain the New Franchise Agreements.

More Definitions of New Franchise Agreements

New Franchise Agreements means all Franchise Agreements and related guaranty agreements entered into by Wingstop Franchisor after the Original Closing Date, in its capacity as franchisor for Branded Restaurants (including all renewals thereof and of Contributed Franchise Agreements).

New Franchise Agreements means, depending on the context in which it is used, each new license or franchise agreement or master franchise agreement entered into by the Franchisor after the Initial Closing Date pursuant to which a Franchisee is given the right to operate a Drive-In within the United States or any Foreign Country or the rights and obligations of the Franchisor under each such franchise agreement.

New Franchise Agreements have the meaning set forth in Section 15.1(a).

New Franchise Agreements. Franchise agreements entered into by or transferred to the Issuer after the Closing Date.

New Franchise Agreements means all Franchise Agreements and related agreements entered into by a SPV Franchising Entity following the earliest applicable Series Closing Date, or such other date, when the related assets for such Driven Securitization Brand were contributed to the Securitization Entities pursuant to a Contribution Agreement, in each case, in such SPV Franchising Entity’s capacity as franchisor for Branded Locations (including all renewals of Franchise Agreements and related agreements contributed to a SPV Franchising Entity pursuant to the Contribution Agreements). “New Project” means (x) each location, plant, facility, branch, office or business unit which is either a new location, plant, facility, branch, office or business unit or an expansion, relocation,

New Franchise Agreements means all Franchise Agreements and related guaranty agreements contributed to, or otherwise entered into or acquired by, a Securitization Entity following the Initial Closing Date, in its capacity as franchisor for Stores (including all renewals with respect to Contributed Franchise Agreements). “New Securitized Authorized Vendor Contracts” means all Authorized Vendor Contracts and related guaranty agreements contributed to, or otherwise entered into or acquired by, any Securitization Entity following the Initial Closing Date. “New Securitized Corporate-Owned Stores” means all Corporate-Owned Stores that are contributed and/or established by a Securitization Entity after the Initial Closing Date. “New Securitized Equipment Supply Agreements” means all Equipment Supply Agreements that are acquired or entered into by a Securitization Entity after the Initial Closing Date. “New Series Pro Forma DSCR” means, at any time of determination and with respect to the issuance of any Additional Notes, the ratio calculated by dividing (i) the Net Cash Flow over the four immediately preceding Quarterly Collection Periods most recently ended by (ii) the Debt Service due during such period, in each case on a pro forma basis, calculated as if (a) such Additional Notes had been outstanding and any assets acquired with the proceeds of such Additional Notes had been acquired at the commencement of such period, and (b) any Notes that have been paid, prepaid or repurchased and cancelled during such period, or any Notes that will be paid, prepaid or repurchased and cancelled using the proceeds of such issuance, were so paid, prepaid or repurchased and cancelled as of the commencement of such period. “New York UCC” has the meaning set forth in Section 5.9(b) of the Base Indenture. “Nonrecoverable Advance” means any portion of an Advance previously made and not previously reimbursed, or proposed to be made, which, together with any then-outstanding Advances, and the interest accrued or that would reasonably be expected to accrue thereon, in the reasonable and good faith judgment of the Trustee or as determined by the Servicer reasonably and in good faith (or, on and after the Springing Amendments Implementation Date, in accordance with the Servicing Standard), as applicable, would not be ultimately recoverable from subsequent payments or collections from any funds on deposit in the Collection Account or funds reasonably expected to be deposited in the Collection Account following ...

New Franchise Agreements means all such franchise agreements.