Wendy’s Properties definition
Examples of Wendy’s Properties in a sentence
Upon the request of Wendy’s Properties, and at the direction of the Manager, the Trustee shall execute and deliver a release of mortgage to be held in escrow pending a closing of a sale of any Contributed Owned Real Property or any New Owned Real Property; provided that if such closing shall not occur, such release of mortgage shall be returned by the escrow agent directly to the Trustee.
For the avoidance of doubt, Wendy’s Properties shall not be required to, and the Trustee may not, record or cause to be recorded any Mortgage until the occurrence of a Mortgage Recordation Event that has not been waived by the Control Party (at the direction of the Controlling Class Representative).
The Master Issuer shall not, and shall not permit any other Securitization Entity to, acquire any fee interest in real property (other than any fee interest in real property acquired by Wendy’s Properties).
The Contributed Restaurant Accounts are owned by Wendy’s Properties.
Schedule 3 attached hereto sets forth a true and correct list of the Contributed Real Estate Assets owned by the Wendy’s Properties after giving effect to the Contributions.
Dublin, Ohio 43017 Attention: General Counsel If to Wendy’s Properties: Wendy’s Properties, LLC ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ Blvd.