Common use of Manager Advances Clause in Contracts

Manager Advances. The Manager may, if in its sole discretion it deems such advance recoverable, but shall not be obligated to, make Manager Advances to, or on behalf of, any Securitization Entity in connection with the operation of the Dunkin’ Donuts/▇▇▇▇▇▇-▇▇▇▇▇▇▇ System 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 2 contracts

Sources: Management Agreement, Management Agreement (Dunkin' Brands Group, Inc.)