Take 5 Properties definition

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.

Examples of Take 5 Properties in a sentence

  • In the future, the Manager and its affiliates shall contribute all future Take 5 Company Locations in the United States to Take 5 Properties.

  • In the future, the Manager and its affiliates shall contribute all future Take 5 Company Locations to Take 5 Properties.

Related to Take 5 Properties

  • Company Properties shall have the meaning set forth in Section 4.15.1.

  • Real Property means, collectively, all right, title and interest (including any leasehold, mineral or other estate) in and to any and all parcels of or interests in real property owned or leased by any Person, whether by lease, license or other means, together with, in each case, all easements, hereditaments and appurtenances relating thereto, all improvements and appurtenant fixtures and equipment, all general intangibles and contract rights and other property and rights incidental to the ownership, lease or operation thereof.