Franchisor Holdco definition

Franchisor Holdco means Driven Systems LLC, a special purpose Delaware limited liability company and a direct, wholly owned subsidiary of the Issuer.
Sample 1Sample 2Sample 3
Franchisor Holdco means Taco Xxxx Franchisor Holdings, LLC, a Delaware limited liability company and a direct, wholly-owned subsidiary of the Issuer.
Sample 1

Examples of Franchisor Holdco in a sentence

  • Our Parent, Predecessors and Affiliates Parent Companies: Our parent company is DB Franchising Holding Company LLC (Franchisor Holdco).

  • All of the issued and outstanding limited liability company interests of the Franchise Holder and Taco Bell Franchisor are directly owned by Franchisor Holdco, have been duly authorized and validly issued, are fully paid and non-assessable and are owned of record by Franchisor Holdco free and clear of all Liens other than Liens in favor of the Trustee for the benefit of the Secured Parties and Permitted Liens.

  • The Issuer shall cause Taco Bell Franchisor and Franchisor Holdco to direct the Trustee to establish and maintain the Senior Notes Interest Reserve Accounts in their name and for their benefit pursuant to Section 3.5(a) of the Guarantee and Collateral Agreement.

  • All of the issued and outstanding limited liability company interests of Franchisor Holdco and IP Holder are directly owned by the Issuer, have been duly authorized and validly issued, are fully paid and non-assessable and are owned of record by the Issuer free and clear of all Liens other than Liens in favor of the Trustee for the benefit of the Secured Parties and Permitted Liens.

  • Table 2 of this report indicates percentages of the U.S. workforce who earn income from independent contracting.reduced benefit access, and in aggregate, higher levels of income inequality.3 Wage losses are multiplied over time as misclassified workers are denied the wages and benefits they worked for year after year.

  • Franchisor Holdco is a Delaware limited liability company and a wholly-owned subsidiary of DB Master Finance LLC (DB Master Finance).

  • The Issuer shall cause Taco Xxxx Franchisor and Franchisor Holdco to direct the Trustee to establish and maintain the Senior Notes Interest Reserve Accounts in their name and for their benefit pursuant to Section 3.5(a) of the Guarantee and Collateral Agreement.

  • The Issuer shall cause Taco Bxxx Franchisor and Franchisor Holdco to direct the Trustee to establish and maintain the Senior Notes Interest Reserve Accounts in their name and for their benefit pursuant to Section 3.5(a) of the Guarantee and Collateral Agreement.

Related to Franchisor Holdco

  • Comcast means Comcast Corporation, a Pennsylvania corporation.

  • TWC means The Willxxxx Xxxpanies, Inc., a Delaware corporation.

  • Holdco has the meaning set forth in the Preamble.

  • OpCo has the meaning set forth in the Preamble.

  • BTCo means Bankers Trust Company, in its individual capacity, and any successor corporation thereto by merger, consolidation or otherwise.

  • MLP has the meaning given such term in the introduction to this Agreement.

  • Successor Holdings has the meaning assigned to such term in Section 6.03(a)(v).

  • Departing General Partner means a former General Partner from and after the effective date of any withdrawal or removal of such former General Partner pursuant to Section 11.1 or Section 11.2.

  • Acquisition Subsidiary shall have the meaning set forth in the Preamble.

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • Parent means a “parent corporation,” whether now or hereafter existing, as defined in Section 424(e) of the Code.

  • Partnership Group Member means any member of the Partnership Group.

  • Borrower Partnership Agreement means the Limited Partnership Agreement of the Borrower dated as of January 17, 2014 as such agreement may be amended, restated, modified or supplemented from time to time with the consent of the Administrative Agent or as permitted under Section 10.10.

  • Sub-Distributor means any sub-distributor appointed by the Distributor in accordance with the requirements of the Central Bank Notices as a sub-distributor of the Company.

  • Foreign Subsidiary Holding Company means any Domestic Subsidiary that is a direct parent of one or more Foreign Subsidiaries and holds, directly or indirectly, no other assets other than Equity Interests of Foreign Subsidiaries and other de minimis assets related thereto.

  • SPE means any bankruptcy-remote, special-purpose entity created in connection with the financing of settlement float with respect to customer funds or otherwise.

  • Topco has the meaning set out in the Preamble;

  • Subfranchisor means a person who is granted a master franchise.

  • Wp means Watt Peak.

  • SoftBank means Softbank Group Corp.

  • SAP Parent means SAP SE, a European Company (Societas Europaea, SE) established under the laws of Germany and the European Union, registered with the commercial register of the local court of Mannheim, Germany, under HRB 719915, with registered office in Walldorf, Germany, and business address at Dietmar-Hopp-Allee 16, 69190 Walldorf, Germany.

  • License Subsidiary means a direct or indirect wholly-owned Restricted Subsidiary of the Parent Borrower substantially all of the assets of which consist of Broadcast Licenses and related rights.

  • Apple means Apple Inc., a California corporation with its principal place of business at Xxx Xxxxx Xxxx Xxx, Xxxxxxxxx, Xxxxxxxxxx 00000, U.S.A.

  • Acquirer means a business organization, financial institution, or an agent of a business organization or financial institution that has authority from an organization that operates or licenses a credit card system to authorize merchants to accept, transmit, or process payment by credit card through the credit card system for money, goods or services, or anything else of value.