SPV Franchising Entities definition

SPV Franchising Entities means, collectively, (a) Franchisor Holdco, 1-800-Radiator Franchisor, Meineke Franchisor, Maaco Franchisor, Econo Lube Franchisor, Drive N Style Franchisor, Merlin Franchisor, CARSTAR Franchisor, Take 5 Franchisor, ABRA Franchisor and FUSA Franchisor (the “U.S. SPV Franchising Entities”) and (b) Canadian CARSTAR, Canadian Maaco Franchisor, Canadian Meineke Franchisor, Canadian Take 5, Go! Glass Franchisor, Star Auto Glass Franchisor (the “Canadian SPV Franchising Entity LPs”), together with their respective Canadian Securitization Entity GPs and the Canadian Co-Issuer, in its capacity as franchisor for the Docteur du Pare-Brise Brand, Uniglass Brand, VitroPlus Brand and certain of the other Uniban Brands (collectively, the “Canadian SPV Franchising Entities”).
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SPV Franchising Entities has the meaning set forth in the preamble.
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SPV Franchising Entities means, collectively, Franchisor Holdco, 1-800-Radiator Franchisor, Meineke Franchisor, Maaco Franchisor, Econo Lube Franchisor, Drive N Style Franchisor, Merlin Franchisor, CARSTAR Franchisor and, on and after the Series 2018-1 Closing Date, the Take 5 Franchisor.
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Examples of SPV Franchising Entities in a sentence

  • The Manager hereby grants the Canadian SPV Franchising Entities and any Successor Manager a perpetual, non-exclusive, royalty-free, sublicensable, worldwide right and license to use any proprietary software owned by Driven Brands Shared Services for use in connection with operation of the Branded Locations.

  • In the future, Parent or its affiliates may, in their reasonable discretion, contribute one or more other Securitization-Owned Locations to the SPV Franchising Entities or the SPV Franchising Entities may acquire one or more Securitization-Owned Locations.

  • The Manager and each Initial Sub-manager hereby grant the SPV Franchising Entities and any Successor Manager a perpetual, non-exclusive, royalty-free, sublicensable, worldwide right and license to use any proprietary software owned by Driven BrandsDBI or such Initial Sub-manager, as applicable, for use in connection with operation of the Branded Locations.

  • The Manager will perform all of the duties and obligations of the SPV Franchising Entities in connection with the operation and ownership of such Securitization-Owned Locations, including, without limitation, collecting revenues generated by such Securitization-Owned Locations, maintaining appropriate levels of property and casualty insurance, and performing any other activities necessary or desirable for the operation of such Securitization-Owned Locations, as required under the Transaction Documents.

  • The Manager will perform all of the duties and obligations of the SPV Franchising Entities in connection with the operation and 4 Update Base Indenture to include this terminology.

  • The Manager will be responsible for administering each of the Service Recipients’ gift card programs (if any) on behalf of the SPV Franchising Entities.

  • The SPV Franchising Entities shall have the right to monitor the Manager’s compliance with the foregoing and its performance of the IP Services and, in furtherance thereof, Manager shall provide each SPV Franchising Entity, at the written request from time to time of such SPV Franchising Entity, with copies of Franchise Documents and other sublicenses and samples of products and materials bearing the Trademarks included in the Securitization IP used by Franchisees and other licensees and sublicensees.

  • The Manager and each Initial Sub-manager hereby grant the SPV Franchising Entities and any Successor Manager a perpetual, non-exclusive, royalty-free, sublicensable, worldwide right and license to use any proprietary software owned by Driven Brands or such Initial Sub-manager, as applicable, for use in connection with operation of the Branded Locations.

Related to SPV Franchising Entities

  • Holding Entities means the subsidiaries of the Infrastructure Partnership, from time to time, through which it indirectly holds all of the Partnership’s interests in the operating entities.

  • Operating Entities means, from time to time, the Persons in which the Holding Entities, directly or indirectly, hold interests and that (i) directly hold real estate assets, or (ii) indirectly hold real estate assets but all of the interests of which are not held, directly or indirectly, by the Holding Entities, other than, in the case of each of (i) and (ii), any Person in which the Holding Entities, directly or indirectly, hold interests for investment purposes only of less than 5% of the outstanding equity securities of that Person;

  • Acquired Entities means the Company and the Company Subsidiaries.

  • Seller Entities means, collectively, Seller and all Seller Subsidiaries.

  • CCR means the California Code of Regulations.

  • Transferred Entities means the entities set forth on Schedule 1.5.

  • Acquired Companies means, collectively, the Company and the Company Subsidiaries.

  • JV means Joint Ventures

  • Seller Subsidiaries means the subsidiary partnerships of the McNeil Partnerships listed on Annex G to this Agreement (the "Subsidiary Partnerships") and the subsidiary corporations listed on Annex F to this Agreement (the "Subsidiary Corporations") which hold GP Interests in certain of the Subsidiary Partnerships.

  • Project Companies means all Group Project Companies and Non-Group Project Companies together, each being a “Project Company”.

  • JV Entity means any joint venture of the Borrower or any Restricted Subsidiary that is not a Subsidiary.

  • Seller Affiliates has the meaning assigned to such term in Section 2.7.1;

  • Participating Entities and “Participating Entity” are defined on the Coversheet.

  • Portfolio Companies means any Person in which any Fund owns or has made, directly or indirectly, an investment.

  • Operating Companies shall have the meaning specified in the recitals to this Agreement.

  • Operating Subsidiaries means, collectively, the Corporation and HST, each a wholly-owned subsidiary of the Trust, and "Operating Subsidiary" means either of the Corporation or HST, as applicable.

  • Seller Parent has the meaning set forth in the Preamble.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • Operating Partnership has the meaning set forth in the preamble.

  • Seller Affiliate means any Affiliate of Seller.

  • SPE means any bankruptcy-remote, special-purpose entity created in connection with the financing of settlement float with respect to customer funds or otherwise.

  • Buyer Entities means, collectively, Buyer and all Buyer Subsidiaries.

  • Target Companies means the Target and its Subsidiaries.

  • Seller Parties has the meaning set forth in the preamble to this Agreement.

  • Operating Entity means an entity that operates and controls a portion of the bulk transmission system with the goal of ensuring reliable energy interchange between generators, loads, and other operating entities.