Rapid Amortization Events. The Notes shall be subject to rapid amortization, in whole and not in part, following the occurrence of any of the following events as declared by the Control Party (at the direction of the Controlling Class Representative) by written notice to the Master Issuer (with a copy to the Trustee) (each, a “Rapid Amortization Event”); provided that a Rapid Amortization Event described in clause (e) below will occur automatically without any declaration by the Control Party unless the Control Party and 100% of the Noteholders have agreed to waive such event in accordance with Section 9.7:
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Samples: Base Indenture (Wendy's Co), Wendy's Co
Rapid Amortization Events. The Notes shall will be subject to rapid amortization, amortization in whole and not in part, part following the occurrence of any of the following events as declared by the Control Party (at the direction of the Controlling Class Representative) by written notice to the Master Issuer Co-Issuers (with a copy to the Managers and the Trustee) (each, a “Rapid Amortization Event”); provided that a Rapid Amortization Event described in clause (ed) below will occur automatically without any declaration thereof by the Control Party unless (at the Control Party and 100% direction of the Noteholders have agreed to waive such event in accordance with Section 9.7:Controlling Class Representative):
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Samples: Driven Brands Holdings Inc., Driven Brands Holdings Inc.
Rapid Amortization Events. The Notes shall be subject to rapid amortization, in whole and not in part, following the occurrence of any of the following events as declared by the Control Party (at the direction of the Controlling Class Representative) by written notice to the Master Issuer (with a copy to the Trustee) (each, a “Rapid Amortization Event”); provided that a Rapid Amortization Event described in clause (eb) below will occur automatically without any declaration by the Control Party unless the Control Party and 100% of the Noteholders have agreed to waive such event in accordance with Section 9.79.07:
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Samples: Jack in the Box Inc /New/
Rapid Amortization Events. The Notes shall be subject to rapid amortization, in whole and not in part, following the occurrence of any of the following events as declared by the Control Party (at the direction of the Controlling Class Representative) by written notice to the Master Issuer (with a copy to the Back-Up Manager and the Trustee) (each, a “Rapid Amortization Event”); provided that a Rapid Amortization Event described in clause (e) I below will occur automatically without any declaration by the Control Party unless the Control Party and 100% of the Noteholders have agreed to waive such event in accordance with Section 9.7:
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Rapid Amortization Events. The Notes shall will be subject to rapid amortization, amortization in whole and not in part, part following the occurrence of any of the following events as declared by the Control Party (at the direction of the Controlling Class Representative) by written notice to the Master Issuer (with a copy to the Trustee) (each, a “Rapid Amortization Event”); provided provided, that a Rapid Amortization Event described in clause (e) below will occur automatically without any declaration by the Control Party unless the Control Party and 100% of the Noteholders each affected Noteholder have agreed to waive such event in accordance with Section 9.7:
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Rapid Amortization Events. The Notes shall will be subject to rapid amortization, amortization in whole and not in part, part following the occurrence of any of the following events as declared by the Control Party (at the direction of the Controlling Class Representative) by written notice to the Master Issuer Co-Issuers (with a copy to the Managers, the Back-Up Manager and the Trustee) (each, a “Rapid Amortization Event”); provided that a Rapid Amortization Event described in clause (ed) below will occur automatically without any declaration thereof by the Control Party unless (at the Control Party and 100% direction of the Noteholders have agreed to waive such event in accordance with Section 9.7:Controlling Class Representative):
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Samples: Driven Brands Holdings Inc.
Rapid Amortization Events. The Notes shall will be subject to rapid amortization, amortization in whole and not in part, part following the occurrence of any of the following events as declared by the Control Party (at the direction of the Controlling Class Representative) by written notice to the Master Issuer Co-Issuers (with a copy to the Manager and the Trustee) (each, a “Rapid Amortization Event”); provided that a Rapid Amortization Event described in clause (e) below will occur automatically without any declaration by the Control Party unless the Control Party and 100% of the Noteholders have agreed to waive such event in accordance with Section 9.7:):
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Samples: Indenture (Jay Merger Sub, Inc.)
Rapid Amortization Events. The Notes shall will be subject to rapid amortization, amortization in whole and not in part, part following the occurrence of any of the following events as declared by the Control Party (at the direction of the Controlling Class Representative) by written notice to the Master Issuer IssuerCo-Issuers (with a copy to the ManagerManagers and the Trustee) (each, a “Rapid Amortization Event”); provided that a Rapid Amortization Event described in clause (ed) below will occur automatically without any declaration thereof by the Control Party unless (at the Control Party and 100% direction of the Noteholders have agreed to waive such event in accordance with Section 9.7:Controlling Class Representative):
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Rapid Amortization Events. The Notes shall be subject to rapid amortization, in whole and not in part, following the occurrence of any of the following events as declared by the Control Party (at the direction of the Controlling Class Representative) by written notice to the Master Issuer (with a copy to the Trustee) (each, a “Rapid Amortization Event”); provided that a Rapid Amortization Event described in clause (e) below will occur automatically without any declaration by the Control Party unless the Control Party and 100% of the Noteholders have agreed to waive such event in accordance with Section 9.7:
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Samples: Fitness Equipment Distribution Agreement (Planet Fitness, Inc.)
Rapid Amortization Events. The Notes shall be subject to rapid amortization, in whole and not in part, following the occurrence of any of the following events as declared by the Control Party (at the direction of the Controlling Class Representative) by written notice to the Master Issuer (with a copy to the Back-Up Manager and the Trustee) (each, a “Rapid Amortization Event”); provided that a Rapid Amortization Event described in clause (e) below will occur automatically without any declaration by the Control Party unless the Control Party and 100% of the Noteholders have agreed to waive such event in accordance with Section 9.7:
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Rapid Amortization Events. The Notes shall will be subject to rapid amortization, amortization in whole and not in part, part following the occurrence of any of the following events as declared by the Control Party (at the direction of the Controlling Class Representative) by written notice to the Master Issuer (with a copy to the Manager and the Trustee) (each, a “Rapid Amortization Event”); provided that a Rapid Amortization Event described in clause (ed) below will occur automatically without any declaration thereof by the Control Party unless (at the Control Party and 100% direction of the Noteholders have agreed to waive such event in accordance with Section 9.7:Controlling Class Representative): 76
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Samples: Wingstop Inc.
Rapid Amortization Events. The Notes shall will be subject to rapid amortization, amortization in whole and not in part, part following the occurrence of any of the following events as declared by the Control Party (at the direction of the Controlling Class Representative) by written notice to the Master Issuer Co-Issuers (with a copy to the Trustee) (each, a “Rapid Amortization Event”); provided provided, that a Rapid Amortization Event described in clause (e) below will occur automatically without any declaration by the Control Party unless the Control Party and 100% of the Noteholders each affected Noteholder have agreed to waive such event in accordance with Section 9.7:
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Samples: Base Indenture (DineEquity, Inc)
Rapid Amortization Events. The Notes shall will be subject to rapid amortization, amortization in whole and not in part, part following the occurrence of any of the following events as declared by the Control Party (at the direction of the Controlling Class Representative) by written notice to the Master Issuer (with a copy to the Manager and the Trustee) (each, a “Rapid Amortization Event”); provided that a Rapid Amortization Event described in clause (ed) below will occur automatically without any declaration thereof by the Control Party unless (at the Control Party and 100% direction of the Noteholders have agreed to waive such event in accordance with Section 9.7:Controlling Class Representative):
Appears in 1 contract
Samples: Driven Brands Holdings Inc.