Take 5 Brand definition

Take 5 Brand means (i) the Take 5 Oil Change® name and Take 5 Oil Change® Trademarks, and (ii) Super-Lube® name and Super-Lube®, Trademarks, in each case whether alone or in combination with any other words or symbols, all operations manuals including franchise operations manuals, marketing materials, advertisements and franchise documents and similar works of authorship and any variations or derivatives of any of the foregoing (but excluding any other Driven Securitization Brand).

Take 5 Brand means the Take 5 Oil Change® name and Take 5 Oil Change® 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).

Take 5 Brand set forth in Annex A of the Base Indenture is hereby amended and restated to read in its entirety as follows:

Examples of Take 5 Brand in a sentence

• In the future, the Manager and its affiliates shall contribute to the applicable Securitization Entities all future Securitization-Owned Locations in the United States for the Take 5 Brand or the Fix Auto Brand.

• The Manager shall maintain twelve accounts in the name of the applicable Canadian Securitization Entity designated as the “Canadian Advertising Fund Accounts” for advertising payments due to the applicable Service Recipients in respect of the CARSTAR Brand, the Maaco Brand, the Meineke Brand, the Pro Oil Brand, Take 5 Brand, the Go Glass Brand and Star Auto Glass Brand in Canada, and may in the future create new Advertising Fund Accounts from time to time.

• The Manager shall maintain twelvemaintains seven accounts in the name of the applicable Canadian Securitization Entity, each designated as thea “Canadian Advertising Fund AccountsAccount” for advertising payments due to the applicable Service Recipients in respect of the CARSTAR Brand, the Maaco Brand, the Meineke Brand, the Pro Oil Brand, Take 5 Brand, the Go Glass Brand and the Star Auto Glass Brand, each in Canada, and may in the future create new Advertising Fund Accounts from time to time.

• 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 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.

• A tandem SAR may be exercised only with respect to the Shares for which its related Option is then exercisable.

More Definitions of Take 5 Brand

Take 5 Brand means (i) the Take 5 Oil Change® name and Take 5 Oil Change® Trademarks, and (ii) Super-Lube® name and Super-Lube®, Trademarks, in each case whether alone or in combination with any other words or symbols, all operations manuals including franchise operations manuals, marketing materials, advertisements and franchise documents and similar works of authorship and any variations or derivatives of any of the foregoing (but excluding any other Driven Securitization Brand). “Take 5 Branded Locations” means, collectively, each Branded Location using the Take 5 Brand. “Take 5 Company Location” means (i) the company-owned locations operating under the Take 5 Brand on the Series 2018-1 Closing Date were be contributed to Take 5 Properties on the Series 2018-1 Closing Date pursuant to the Third Tier Take 5 Company Location Assets Contribution Agreement (and including, for the avoidance of doubt, certain company-owned locations not operating under the Take 5 Brand on the Series 2018-1 Closing Date but which were converted into Take 5 Branded Locations following the Series 2018-1 Closing Date), (ii) all Take 5 Company Locations that are acquired or opened by Take 5 Properties after the Series 2018-1 Closing Date and (iii) all company-owned locations operating under the Take 5 Brand as of the Series 2018-1 Closing Date that were contributed to Take 5 Properties, but contribute Weekly Estimated Securitization-Owned Location Profits Amounts and Monthly Securitization-Owned Location Profits True-up Amounts to Take 5 Properties. “Take 5 Company Location Concentration Accounts” means (i) that certain account maintained at Xxxxx Fargo Bank, National Association for the benefit of Take 5 Properties, (ii) that certain account maintained at Whitney Bank for the benefit of Take 5 Properties and (iii) at any time on and after the Series 2018-1 Closing Date, any other accounts established and in the name of and for the benefit of Take 5 Properties with respect to the Take 5 Company Locations. “Take 5 Franchisor” means Take 5 Franchisor SPV LLC, a special purpose Delaware limited liability company and a direct, wholly owned subsidiary of the Franchisor Holdco. “Take 5 IP” means the portion of the Securitization IP relating to the Take 5 Brand. “Take 5 License Agreement” means the Take 5 License Agreement, dated as of the Series 2018-1 Closing Date, by and between Take 5 Franchisor, as licensor, and Take 5 Properties, as licensee, as amended, supplemented or otherwise modified from ...