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    • 2020-1 securitization transaction

    Definition of 2020-1 Securitization Transaction

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    2020-1 Securitization Transaction means transactions contemplated by the Transaction Documents effective as of the Series 2020-1 Closing Date, including, without limitation, the contribution to FUSA Franchisor and FUSA Properties of the applicable Contributed Assets, certain Non- Securitization Entities becoming a Canadian Securitization Entity, the creation of certain other Canadian Securitization Entities, the contribution to certain of the Canadian SPV Franchising Entities, Driven Canada Product Sourcing and Driven Canada Claims Management of the applicable Contributed Assets and the use of proceeds thereof in the manner provided in the applicable Transaction Documents.
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