Tax Payment Deficiency definition
Tax Payment Deficiency means any Tax liability of Parent (or, if Parent is not the taxable parent entity of Funding Holdco or Canadian Funding Holdco, such other taxable parent entity) (including Taxes imposed under Treasury Regulation Section 1.1502-6 (or any similar provision of federal, state, provincial, local or foreign law)) attributable to the operations of the Securitization Entities or their direct or indirect Subsidiaries that the applicable Manager determines cannot be satisfied by Parent (or such other taxable parent entity) from its available funds.
Tax Payment Deficiency means any Tax liability of FAT Brands (or, if FAT Brands is not the taxable parent entity of any Securitization Entity, such other taxable parent entity) (including Taxes imposed under Treasury Regulation Section 1.1502-6 (or any similar provision of state, local or foreign law)) attributable to the operations of the Securitization Entities or their direct or indirect Subsidiaries that the Manager determines cannot be satisfied by FAT Brands (or such other taxable parent entity) from its available funds.
Tax Payment Deficiency means any Tax liability of Holdco (including Taxes imposed under Treasury Regulation Section 1.1502-6 (or any similar provision of state, local or foreign law)) attributable to the operations of the Securitization Entities or their direct or indirect Subsidiaries that cannot be satisfied by Holdco from its available funds.
More Definitions of Tax Payment Deficiency
Tax Payment Deficiency means any Tax liability of DBI (or, if DBI is not the taxable parent entity of Funding Holdco or Canadian Funding Holdco, such other taxable parent entity) (including Taxes imposed under U.S. Treasury regulation Section 1.1502-6 (or any similar provision of federal, state, provincial, local or foreign law)) attributable to the operations of the Securitization Entities or their direct or indirect Subsidiaries that the applicable Manager determines cannot be satisfied by DBI (or such other taxable parent entity) from its available funds.
Tax Payment Deficiency means any Tax liability of TWC (or, if TWC is not the taxable parent entity of any Securitization Entity, such other taxable parent entity) (including Taxes imposed under U.S. Treasury regulations Section 1.1502-6 (or any similar provision of state, local or foreign law)) attributable to the operations of the Securitization Entities that the Manager determines cannot be satisfied by TWC (or such other taxable parent entity) from its available funds.
Tax Payment Deficiency means any Tax liability of TBC (or, if TBC is not the taxable parent entity of the Issuer, such other taxable parent entity and/or the parent entity of any consolidated group of which TBC is a member) (including Taxes imposed under U.S. Treasury Regulation Section 1.1502-6 (or any similar provision of state, local or foreign law)) attributable to the operations of the Securitization Entities or their direct or indirect Subsidiaries that the Manager determines cannot be satisfied by TBC (or such other taxable parent entity) from its available funds.
Tax Payment Deficiency means any Tax liability of Twin Hospitality (or, if Twin Hospitality is not the taxable parent entity of any Securitization Entity, such other taxable parent entity) (including Taxes imposed under Treasury Regulation Section 1.1502-6 (or any similar provision of state, local or foreign law)) attributable to the operations of the Securitization Entities or their direct or indirect Subsidiaries that the Manager determines cannot be satisfied by Twin Hospitality (or such other taxable parent entity) from its available funds.
Tax Payment Deficiency means any Tax liability of Dine Brands (or, if Dine Brands is not the taxable parent entity of any Securitization Entity, such other taxable parent entity) (including Taxes imposed under Treasury Regulation Section 1.1502-6 (or any similar provision of state, local or foreign law)) attributable to the operations of the Securitization Entities or their direct or indirect Subsidiaries that the Manager determines cannot be satisfied by Dine Brands (or such other taxable parent entity) from its available funds.
Tax Payment Deficiency. The definition of “Tax Payment Deficiency” in Section 1.1 of the Canadian Management Agreement is hereby amended by replacing the word “Parent” with the word “DBI”.
Tax Payment Deficiency means any Tax liability of DBI (or, if DBI is not the taxable parent entity of Funding Holdco or Canadian Funding Holdco, such other taxable parent entity) (including Taxes imposed under U.S. Treasury regulation Section 1.1502-6 (or any similar provision of federal, state, provincial, local or foreign law)) attributable to the operations of the Securitization Entities or their direct or indirect Subsidiaries that the applicable Manager determines cannot be satisfied by DBI (or such other taxable parent entity) from its available funds. “Trademarks” means all United States, state, Canadian, provincial, territorial and other non-U.S. trademarks, service marks, trade names, trade dress, designs, logos, slogans and other indicia of source or origin, whether registered or unregistered, registrations and pending applications to register the foregoing, internet domain names, and all goodwill of any business connected with the use thereof or symbolized thereby. “Trade Secrets” means all trade secrets and other confidential or proprietary information, including with respect to unpatented inventions, operating procedures, know how, inventory methods, customer service methods, financial control methods and training techniques. “Transaction Documents” means the Indenture, the Notes, the Guarantee and Collateral Agreements, each Account Control Agreement, the Management Agreements, the Servicing Agreement, the Back-Up Management Agreement, the Contribution Agreements, the Note Purchase Agreements, the IP License Agreements, the Charter Documents of each Securitization Entity, each Letter of Credit Reimbursement Agreement and any additional document identified as a “Transaction Document” in the Series Supplement for any Series of Notes Outstanding and any other material agreements entered into, or