Manager Advances. The Manager may, but is not obligated to, make Manager Advances to, or on behalf of, any Securitization Entity in connection with the operation of the Contributed Franchised Restaurant Business and other Managed Assets. Manager Advances will accrue interest at the Advance Interest Rate and shall be reimbursable on each Weekly Allocation Date in accordance with the Priority of Payments.
Appears in 5 contracts
Samples: Management Agreement (Dine Brands Global, Inc.), Management Agreement, Management Agreement (Dine Brands Global, Inc.)
Manager Advances. The Manager may, but is not obligated to, make Manager Advances to, or on behalf of, any Securitization Entity Service Recipient in connection with the operation of the Contributed Franchised Restaurant Business and other Managed Assets. Manager Advances will accrue interest at the Advance Interest Rate and shall be reimbursable on each Weekly Allocation Date in accordance with the Priority of Payments.
Appears in 4 contracts
Samples: Management Agreement (Driven Brands Holdings Inc.), Canadian Management Agreement (Driven Brands Holdings Inc.), Management Agreement (Driven Brands Holdings Inc.)
Manager Advances. The Manager may, but is not obligated to, make Manager Advances to, or on behalf of, any Securitization Entity in connection with the operation of the Contributed Franchised Restaurant Business and other Managed Assets. Manager Advances will accrue interest at the Advance Interest Rate and shall be reimbursable on each Weekly Allocation Date in accordance with the Priority of Payments.
Appears in 4 contracts
Samples: Management Agreement, Management Agreement, Management Agreement (Wingstop Inc.)
Manager Advances. The Manager may, but is shall not be obligated to, make Manager Advances to, or on behalf of, any Securitization Entity in connection with the operation of the Contributed Franchised Restaurant Business and other Managed Assets. Manager Advances will accrue interest at the Advance Interest Rate and shall be reimbursable on each Weekly Monthly Allocation Date in accordance with the Priority of Payments.
Appears in 2 contracts
Samples: Management Agreement (Fat Brands, Inc), Management Agreement (Fat Brands, Inc)
Manager Advances. The Manager may, but is shall not be obligated to, make Manager Advances to, or on behalf of, any Securitization Entity in connection with the operation of the Contributed Franchised Restaurant Business and other Managed Assets. Manager Advances will accrue interest at the Advance Interest Rate and shall be reimbursable on each Weekly Monthly Allocation Date in accordance with the Priority of Payments.
Appears in 2 contracts
Samples: Management Agreement (Fat Brands, Inc), Management Agreement (Fat Brands, Inc)
Manager Advances. The Manager may, but is not obligated to, make Manager Advances to, or on behalf of, any Securitization Entity in connection with the operation of the Contributed Securitized Franchised Restaurant Business, the Securitized Company Restaurant Business and other Managed Assetsthe business of the Securitization Entities. Manager Advances will accrue interest at the Advance Interest Rate and shall be reimbursable on each Weekly Allocation Date in accordance with the Priority of Payments.
Appears in 2 contracts
Samples: Management Agreement (Jack in the Box Inc), Management Agreement (Jack in the Box Inc /New/)
Manager Advances. The Manager may, but is shall not be obligated to, make Manager Advances to, or on behalf of, any Securitization Entity in connection with the operation of the Contributed Franchised Restaurant Business and other Managed Assets. Manager Advances will accrue interest at the Advance Interest Rate and shall be reimbursable on each Weekly Monthly Allocation Date in accordance with the Priority of Payments.
Appears in 1 contract
Manager Advances. The Manager may, but is not obligated to, make Manager Advances to, or on behalf of, any Securitization Entity in connection with the operation of the Contributed Franchised Restaurant Business and other Managed Assets. Manager Advances will accrue interest at the Advance Interest Rate and shall be reimbursable on each Weekly Allocation Date in accordance with the Priority of Payments.. 20 ARTICLE III
Appears in 1 contract
Samples: Management Agreement
