MASTER ISSUER Sample Clauses
The 'Master Issuer' clause defines the entity responsible for issuing securities or financial instruments under a structured finance or securitization program. In practice, this clause identifies the main organization that will create and manage the issuance of notes or bonds, often on behalf of multiple underlying asset pools or subsidiaries. By clearly designating the master issuer, the clause ensures centralized control and administration of the issuance process, which streamlines operations and provides clarity to investors and other stakeholders regarding who is accountable for the obligations under the program.
MASTER ISSUER. Assetco Contribution Agreement, dated as of August 1, 2018, between Master Issuer and ▇▇▇▇▇▇▇; and 12.
MASTER ISSUER. Planet Fitness Master Issuer LLC ▇ ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: General Counsel Email: ▇▇▇▇▇@▇▇▇▇.▇▇▇ And a copy to (which shall not constitute notice): Ropes & ▇▇▇▇ LLP Prudential Tower, ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ Attention: ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Email : ▇▇▇▇▇▇▇▇.▇▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇ Planet Fitness Holdings, LLC ▇ ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: General Counsel Email: ▇▇▇▇▇@▇▇▇▇.▇▇▇ And a copy to (which shall not constitute notice): Ropes & ▇▇▇▇ LLP Prudential Tower, ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ Attention: ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Email : ▇▇▇▇▇▇▇▇.▇▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇ The following are the additional conditions to initial issuance and effectiveness referred to in Section 7.01(c):
MASTER ISSUER. Equipment Distributor Contribution Agreement, dated as of August 1, 2018, between the Master Issuer and the Equipment Distributor. “Initial Principal Amount” means, with respect to any Series or Class (or Subclass) of Notes, the aggregate initial principal amount of such Series or Class (or Subclass) of Notes specified in the applicable Series Supplement. “Initial Senior Notes Interest Reserve Amount” means, with respect to the Notes issued on the Initial Closing Date, an amount equal to $14.2 million to be deposited into the Senior Notes Interest Reserve Account and/or arranged for issuance as an Interest Reserve Letter of Credit by the Master Issuer. “Insolvency” means liquidation, insolvency, bankruptcy, rehabilitation, composition, reorganization or conservation; and, when used as an adjective, “Insolvent.” “Insurance/Condemnation Proceeds” means an amount equal to: (i) any cash payments or proceeds received by the Securitization Entities (a) by reason of theft, physical destruction or damage or any other similar event with respect to any properties or assets of the Securitization Entities under any policy of insurance (other than liability insurance) in respect of a covered loss thereunder or (b) as a result of any non-temporary condemnation, taking, seizing or similar event with respect to any properties or assets of the Securitization Entities by any Person pursuant to the power of eminent domain, condemnation or otherwise, or pursuant to a sale of any such assets to a purchaser with such power under threat of such a taking minus (ii)(a) any actual and reasonable costs incurred by the Securitization Entities in connection with the adjustment or settlement of any claims of the Securitization Entities in respect thereof and (b) any bona fide direct costs incurred in connection with any disposition of such assets as referred to in clause (i)(b) of this definition, including Taxes (or distributions to a direct or indirect parent for Taxes) paid or reasonably expected to be actually payable with respect to the Securitization
MASTER ISSUER. Holmes Master Issuer PLC ▇bbey National House 2 Tri▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇'▇ ▇▇▇▇▇ London NW1 3AN For the attention of: The Company Secretary Facsimile: +44 20 7756 5627 ▇▇▇▇ a copy to: Abbey House (AAM129) 201 Grafton Gate East ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇: ▇▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇m, Retail Credit Risk Facsimile: +44 1908 343 019
MASTER ISSUER. Equipment Distributor Contribution Agreement, dated as of August 1, 2018, between the Master Issuer and the Equipment Distributor.
MASTER ISSUER. Assetco Contribution Agreement, dated as of the Closing Date, between the Master Issuer and Planet Fitness Assetco.
MASTER ISSUER. EXECUTED as a DEED by ) PERMANENT MASTER ISSUER PLC ) acting by ) Director Director/Secretary MASTER ISSUER SECURITY TRUSTEE EXECUTED as a DEED by ) THE BANK OF NEW YORK ) acting by its authorised signatory ) Authorised signatory )
MASTER ISSUER. Assetco Contribution Agreement, dated as of the Closing Date, between the Master Issuer and Planet Fitness Assetco. “Closing Date Securitization IP” means all Intellectual Property (other than the Excluded IP) created, developed, authored, acquired or owned by or on behalf of, or licensed to or on behalf of, Planet Fitness Holdings, the Holding Company Guarantor, the Master Issuer or the Franchisor as of the Initial Closing Date covering, reading on, embodied in or otherwise relating to (i) the Planet Fitness System or Planet Fitness Brand, (ii) products or services sold or distributed via the Planet Fitness System under the Planet Fitness Brand, (iii) the StoresClubs, (iv) the Securitized Franchise StoreClub Business or (v) the Securitized Corporate-Owned StoreClub Business, and also including the Planet Fitness Mobile Apps. “Club Operating Expenses” or “Store Operating Expenses” means, collectively, (a) operating expenses that are incurred by or allocated to, in accordance with the Managing Standard, Securitized Corporate-Owned Clubs in the ordinary course of business relating to the operation of Securitized Corporate-Owned Clubs, such as the cost of merchandise sold, food, supplies, utilities, point of sale fees, payments in respect of labor costs (including wages, incentive compensation, workers’ compensation-related expenses and other labor-related expenses for employees of Securitized Corporate-Owned Clubs), repair and maintenance expenses to the extent not capitalized, insurance (including self-insurance), local advertising expenses, amounts in respect of sales Taxes and personal property Taxes, litigation and settlement costs relating to the Securitized Assets and other Club operating costs, (b) Securitized Corporate-Owned Club IP License Fees, (c) payments pursuant to Securitized Franchisee Leases, (d) Pass-Through Amounts, and (e) lease payments pursuant to Securitized Corporate-Owned Club Leases. “Clubs” or “Stores” means, as of any date of determination, any gyms operated in the United States or internationally under the Planet Fitness Brand.
MASTER ISSUER. Assetco Contribution Agreement, dated as of the Closing Date, between the Master Issuer and Planet Fitness Assetco. “Closing Date Securitization IP” means all Intellectual Property (other than the Excluded IP) created, developed, authored, acquired or owned by or on behalf of, or licensed to or on behalf of, Planet Fitness Holdings, the Holding Company Guarantor, the Master Issuer or the Franchisor as of the Initial Closing Date covering, reading on, embodied in or otherwise relating to (i) the Planet Fitness System or Planet Fitness Brand, (ii) products or services sold or distributed via the Planet Fitness System under the Planet Fitness Brand, (iii) the Stores, (iv) the Securitized Franchise Store Business or (v) the Securitized Corporate-Owned Store Business, and also including the Planet Fitness Mobile Apps. “Code” means the U.S. Internal Revenue Code of 1986, as amended, reformed or otherwise modified from time to time, and any successor statute of similar import, in each case as in effect from time to time.
MASTER ISSUER. ▇▇▇▇▇▇ Master Issuer PLC Abbey ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Regent's Place London NW1 3AN For the attention of: Facsimile: The Company Secretary +▇▇ ▇▇ ▇▇▇▇ ▇▇▇▇ with a copy to: Abbey House (AAM129) ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ MK9 1AN For the attention of: Facsimile: Securitisation Team, Retail Credit Risk +▇▇ ▇▇▇▇ ▇▇▇ ▇▇▇