Take 5 definition

Take 5 means Take 5 LLC, a North Carolina limited liability company.
View Source
Take 5 means Take 5 LLC, a North Carolina limited liability company. “Take 5 Brand” means (i) the Take 5 Oil Change® name and Take 5 Oil Change® Trademarks, and (ii) Super-Lube® name and Super-Lube®, Trademarks, in each case whether alone or in combination with any other words or symbols, all operations manuals including franchise operations manuals, marketing materials, advertisements and franchise documents and similar works of authorship and any variations or derivatives of any of the foregoing (but excluding any other Driven Securitization Brand). “Take 5 Branded Locations” means, collectively, each Branded Location using the Take 5 Brand. “Take 5 Company Location” means (i) the company-owned locations operating under the Take 5 Brand on the Series 2018-1 Closing Date were be contributed to Take 5 Properties on the Series 2018-1 Closing Date pursuant to the Third Tier Take 5 Company Location Assets Contribution Agreement (and including, for the avoidance of doubt, certain company-owned locations not operating under the Take 5 Brand on the Series 2018-1 Closing Date but which were converted into Take 5 Branded Locations following the Series 2018-1 Closing Date), (ii) all Take 5 Company Locations that are acquired or opened by Take 5 Properties after the Series 2018-1 Closing Date and (iii) all company-owned locations operating under the Take 5 Brand as of the Series 2018-1 Closing Date that were contributed to Take 5 Properties,
View Source

Examples of Take 5 in a sentence

  • The Manager maintains seven accounts, each designated as a “Canadian Advertising Fund Account” for advertising payments due to the applicable Service Recipients in respect of the CARSTAR Brand, the Maaco Brand, the Meineke Brand, the Pro Oil Brand, Take 5 Brand, the Go Glass Brand and the Star Auto Glass Brand, each in Canada, and may in the future create new Advertising Fund Accounts from time to time.

  • Such Service Recipient shall, in such event, make all assignments of such Securitization Assets, Contributed Securitization-Owned Location Assets or assets of any Retained Take 5 Branded Location, as applicable, necessary to effect such assignment.

  • In the future, the Manager and its affiliates shall contribute to the applicable Securitization Entities all future Securitization- Owned Locations in the United States for the Take 5 Brand or the Fix Auto Brand.