Take 5 Oil definition

Take 5 Oil means Take 5 Oil Change, Inc., a Delaware corporation.
Take 5 Oil means Take 5 Oil Change, LLC, a Delaware limited liability company.
Take 5 Oil means Take 5 Oil Change, ▇▇▇.▇▇▇, a Delaware ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ liability company.

Examples of Take 5 Oil in a sentence

  • Additionally, the Manager shall cause each of Take 5 and Take 5 Oil to comply with the provisions of the Indenture that relate to each such entity, including Section 5.10 and 5.11 of the Indenture.

  • Take 5 Franchising LLC Take 5 LLC Take 5 Oil Change, LLC Annex I-1 [FORM OF] JOINDER NO.


More Definitions of Take 5 Oil

Take 5 Oil. (solely in its capacity as an Initial Sub-manager hereunder)), ABRA FRANCHISING, LLC, a Delaware limited liability company (“ABRA Franchising”), CARSTAR Franchise Systems, Inc., a Kansas corporation (“Carstar Franchise Systems”) and FUSA, LLC, a California limited liability company (“FUSA” and, together with Driven Brands Shared Services, Meineke Car Care, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, 1-800-Radiator & A/C, 1-800-Radiator Franchise, Econo Lube N’ Tune, SBA-TLC, Take 5 (solely in its capacity as an Initial Sub-manager hereunder), ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, and Carstar Franchise Systems, collectively, the “Initial Sub-managers”); and CITIBANK, N.A., a national banking association, not in its individual capacity but solely as the indenture trustee (together with its successor and assigns, the “Trustee”). Capitalized terms used herein but not
Take 5 Oil means Take 5 Oil Change, LLC, a Delaware limited liability company. “Take 5 Properties” means Take 5 Properties SPV LLC, a newly formed, special purpose Delaware limited liability company and a direct, wholly owned subsidiary of the Issuer, which owns the Securitization-Owned Locations and related Securitization-Owned Location Assets for the Take 5 Brand contributed thereto on the Series 2018-1 Closing Date and thereafter.
Take 5 Oil means Take 5 Oil Change, LLC, a Delaware limited liability company. “Take 5 Properties” means Take 5 Properties SPV LLC, a newly formed, special purpose Delaware limited liability company and a direct, wholly owned subsidiary of the Issuer, which owns the Securitization-Owned Locations and related Securitization-Owned Location Assets for the Take 5 Brand contributed thereto on the Series 2018-1 Closing Date and thereafter. “Tax” means (i) any federal, state, provincial, local or foreign income, gross receipts, license, payroll, employment, excise, severance, stamp, occupation, premium, environmental, customs duties, capital stock, profits, documentary, property, franchise, withholding, social security (or similar), unemployment, disability, real property, personal property, sales, use, transfer, registration, value added, alternative or add-on minimum, or other tax of any kind whatsoever, including any interest, penalty, fine, assessment or addition thereto, and (ii) any transferee liability in respect of any items described in clause (i) above. “Tax Act” means the Income Tax Act (Canada) and the regulations thereunder, as amended, and any successor statute or regulations of similar import, in each case as in effect from time to time. “Tax Lien Reserve Amount” has the meaning set forth in Section 9.2(o) of the Base Indenture. “Tax Opinion” means an opinion of tax counsel of nationally recognized standing in the United States experienced in such matters subject to the assumptions and qualifications stated therein, and in a form reasonably acceptable to the Control Party, to be delivered in connection with the issuance of each new Series of Notes to the effect that, for United States federal income tax purposes, (a) the issuance