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 means (i) the company-owned locations operating under the Take 5 Brand on the Series 2018-1 Closing Date that will be contributed to Take 5 Properties on the Series 2018-1 Closing Date pursuant to the Take 5 and Spire 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 are expected to be converted into Take 5 Branded Locations following the Series 2018-1 Closing Date), (ii) all company-owned locations that are acquired or opened by Take 5 Properties, Take 5 or Take 5 Oil 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 are owned by Take 5 or Take 5 Oil as of the Series 2018-1 Closing Date.
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 time to time. “Take 5 Monthly Fiscal Period” means the following fiscal periods of Take 5 Franchisor and Take 5 Properties: (a) with respect to each 52-week fiscal year of Take 5 Franchisor and Take 5 Properties, the first 5-week fiscal period and the remaining two four-week fiscal periods in each Quarterly Fiscal Period and (b) with respect to each 53-week fiscal year of Take 5 Franchisor and Take 5 Properties (i) one 5-week fiscal period and the remaining two four-week fiscal periods for each of the first three Quarterly Fiscal Periods in such fiscal year, and (ii) an initial 5-week fi...