Securitization IP. All Securitization IP shall be owned solely by the applicable SPV Franchising Entity, and shall not be assigned, transferred or licensed out by such SPV Franchising Entity to any other entity other than as permitted or provided under the Transaction Documents.
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Securitization IP. All Securitization IP IP, as applicable, shall be owned solely by the applicable SPV Franchising Entity, and shall not be assigned, transferred or licensed out by such SPV Franchising Entity to any other entity other than as permitted or provided under the Transaction Documents.. Section 5.4
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