Exhibit 99.1
Domino’s Pizza Master Issuer LLC
Domino’s SPV Canadian Holding Company Inc.
Domino’s Pizza Distribution LLC
Domino’s IP Holder LLC
Quarterly Noteholders’ Statement
Quarterly Collection Period Starting: | March 23, 2020 | |||
Quarterly Collection Period Ending: | June 14, 2020 | |||
Quarterly Payment Date: | July 27, 2020 |
Debt Service Coverage Ratios and Senior ABS Leverage | ||||||||||||||||||||
Holdco Leverage | Senior ABS Leverage | Quarterly DSCR | ||||||||||||||||||
Current Period | 5.45 x | 6.01 x | 3.74 x | |||||||||||||||||
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One Period Prior | 5.61 x | 6.31 x | 3.55 x | |||||||||||||||||
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Two Periods Prior | 5.73 x | 6.39 x | 3.45 x | |||||||||||||||||
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Three Periods Prior | 5.00 x | 5.54 x | 3.92 x | |||||||||||||||||
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System Performance |
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Domestic | ||||||||||||||||||||
Franchise | Company- Owned | Total Domestic | ||||||||||||||||||
Open Stores at end of prior Quarterly Collection Period | 5,811 | 345 | 6,156 | |||||||||||||||||
Store Openings during Quarterly Collection Period | 39 | 1 | 40 | |||||||||||||||||
Store Transfers during Quarterly Collection Period | — | — | — | |||||||||||||||||
Permanent Store Closures during Quarterly Collection Period | (1 | ) | — | (1 | ) | |||||||||||||||
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Net Change in Open Stores during Quarterly Collection Period | 38 | 1 | 39 | |||||||||||||||||
Open Stores at end of Quarterly Collection Period | 5,849 | 346 | 6,195 | |||||||||||||||||
International |
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Franchise | Company- Owned | Total International | ||||||||||||||||||
Open Stores at end of prior Quarterly Collection Period | 10,933 | — | 10,933 | |||||||||||||||||
Store Openings during Quarterly Collection Period | 85 | — | 85 | |||||||||||||||||
Permanent Store Closures during Quarterly Collection Period | (40 | ) | — | (40 | ) | |||||||||||||||
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Net Change in Open Stores during Quarterly Collection Period | 45 | — | 45 | |||||||||||||||||
Open Stores at end of Quarterly Collection Period | 10,978 | — | 10,978 | |||||||||||||||||
Franchise | Company- Owned | International | ||||||||||||||||||
Same-Store Sales Growth for Quarterly Collection Period | 16.0% | 16.9% | 1.3% | |||||||||||||||||
Potential Events | ||||||||||||||||||||
Material Concern | ||||||||||||||||||||
i. | Potential Rapid Amortization Event | No | ||||||||||||||||||
ii. | Potential Manager Termination Event | No | ||||||||||||||||||
Cash Trapping | ||||||||||||||||||||
Commenced | Commencement Date | |||||||||||||||||||
i. | a. | Partial Cash Trapping Period | No | N/A | ||||||||||||||||
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b. | Full Cash Trapping Period | No | N/A | |||||||||||||||||
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ii. | Cash Trapping Percentage during Quarterly Collection Period | N/A | ||||||||||||||||||
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iii | Cash Trapping Percentage following current Quarterly Payment Date | N/A | ||||||||||||||||||
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iv. | Cash Trapping Percentage during prior Quarterly Collection Period | N/A | ||||||||||||||||||
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v. | Partial Cash Trapping Release Event | N/A | ||||||||||||||||||
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vi. | Full Cash Trapping Release Event | N/A | ||||||||||||||||||
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Occurrence Dates | ||||||||||||||||||||
Commenced | Commencement Date | |||||||||||||||||||
i. | Rapid Amortization Event | No | N/A | |||||||||||||||||
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ii. | Default | No | N/A | |||||||||||||||||
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iii. | Event of Default | No | N/A | |||||||||||||||||
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iv. | Manager Termination Event | No | N/A | |||||||||||||||||
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Non-Amortization Test | ||||||||||||||||||||
Commenced | Commencement Date | |||||||||||||||||||
i. | Non-Amortization Period | No | N/A | |||||||||||||||||
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Extension Periods | ||||||||||||||||||||
Commenced | Commencement Date | |||||||||||||||||||
i. | Series 2019-1 Class A-1 first renewal period | No | N/A | |||||||||||||||||
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ii. | Series 2019-1 Class A-1 second renewal period | No | N/A | |||||||||||||||||
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Page 1
Domino’s Pizza Master Issuer LLC
Domino’s SPV Canadian Holding Company Inc.
Domino’s Pizza Distribution LLC
Domino’s IP Holder LLC
Quarterly Noteholders’ Statement
Quarterly Collection Period Starting: | March 23, 2020 | |||
Quarterly Collection Period Ending: | June 14, 2020 | |||
Quarterly Payment Date: | July 27, 2020 |
Allocation of Funds
1. | Outstanding Notes and Reserve Account Balances as of Prior Quarterly Payment Date: |
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i. | Outstanding Principal Balances | |||||||||||||||||||
a. | Series 2019-1 Class A-1 Notes (Advance) | $ | 158,000,000.00 | |||||||||||||||||
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a. | Series 2019-1 Class A-1 Notes (Swingline) | $ | — | |||||||||||||||||
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a. | Series 2019-1 Class A-1 Notes (L/C) | $ | 41,355,304.00 | |||||||||||||||||
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b. | Series 2015-1 Class A-2-II Notes | $ | 770,000,000.00 | |||||||||||||||||
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b. | Series 2017-1 Class A-2-I Notes | $ | 292,500,000.00 | |||||||||||||||||
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b. | Series 2017-1 Class A-2-II Notes | $ | 585,000,000.00 | |||||||||||||||||
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b. | Series 2017-1 Class A-2-III Notes | $ | 975,000,000.00 | |||||||||||||||||
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b. | Series 2018-1 Class A-2-I Notes | $ | 417,562,500.00 | |||||||||||||||||
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b. | Series 2018-1 Class A-2-II Notes | $ | 393,000,000.00 | |||||||||||||||||
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b. | Series 2019-1 Class A-2 Notes | $ | 671,625,000.00 | |||||||||||||||||
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c. | Senior Subordinated Notes | $ | — | |||||||||||||||||
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d. | Subordinated Notes | $ | — | |||||||||||||||||
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ii. | Reserve Account Balances | |||||||||||||||||||
a. | Available Senior Notes Interest Reserve Account Amount (1) | $ | 41,916,214.68 | |||||||||||||||||
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b. | Available Senior Subordinated Notes Interest Reserve Account Amount | $ | — | |||||||||||||||||
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c. | Available Cash Trap Reserve Account Amount (1) | $ | — | |||||||||||||||||
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2. | Retained Collections for Current Quarterly Payment Date: |
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i. | Franchisee Payments | |||||||||||||||||||
a. | Domestic Continuing Franchise Fees | $ | 201,564,047.99 | |||||||||||||||||
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b. | International Continuing Franchise Fees | $ | 36,899,014.40 | |||||||||||||||||
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c. | Initial Franchise Fees | $ | — | |||||||||||||||||
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d. | Other Franchise Fees | $ | — | |||||||||||||||||
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e. | PULSE Maintenance Fees | $ | 8,125,379.51 | |||||||||||||||||
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f. | PULSE License Fees | $ | 455,087.50 | |||||||||||||||||
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g. | Technology Fees | 12,356,728.90 | ||||||||||||||||||
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h. | Franchisee Insurance Proceeds | $ | — | |||||||||||||||||
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i. | Other Franchisee Payments | $ | — | |||||||||||||||||
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ii. | Company-Owned Stores License Fees | $ | 5,982,508.89 | |||||||||||||||||
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iii. | Third-Party License Fees | $ | — | |||||||||||||||||
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iv. | Product Purchase Payments | $ | 584,781,948.11 | |||||||||||||||||
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v. | Co-Issuers Insurance Proceeds | $ | — | |||||||||||||||||
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vi. | Asset Disposition Proceeds | $ | — | |||||||||||||||||
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vii. | Excluded Amounts | $ | 98,924.03 | |||||||||||||||||
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viii. | Other Collections | $ | 271,649.47 | |||||||||||||||||
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ix. | Investment Income | $ | 123,947.34 | |||||||||||||||||
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x. | HoldCo L/C Agreement Fee Income | $ | 23,657.26 | |||||||||||||||||
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Less: | ||||||||||||||||||||
xiii. | Excluded Amounts | $ | 107,122,798.26 | |||||||||||||||||
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a. | Advertising Fees | $ | 107,023,874.23 | |||||||||||||||||
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b. | Company-Owned Store Advertising Fees | $ | — | |||||||||||||||||
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c. | Third-Party Matching Expenses | $ | 98,924.03 | |||||||||||||||||
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xiv. | Product Purchase Payments | $ | 584,781,948.11 | |||||||||||||||||
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xiv. | Bank Account Expenses | $ | 67,426.94 | |||||||||||||||||
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Plus: | ||||||||||||||||||||
xvi. | Aggregate Weekly Distributor Profit Amount | $ | 50,898,718.50 | |||||||||||||||||
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xvii. | Retained Collections Contributions | $ | — | |||||||||||||||||
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xviii. | Total Retained Collections | $ | 209,609,438.59 | |||||||||||||||||
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1. Amounts calculated as of the close of business on the last Business Day of the preceding Quarterly Collection Period.
Page 2
Domino’s Pizza Master Issuer LLC
Domino’s SPV Canadian Holding Company Inc.
Domino’s Pizza Distribution LLC
Domino’s IP Holder LLC
Quarterly Noteholders’ Statement
Quarterly Collection Period Starting: | March 23, 2020 | |||
Quarterly Collection Period Ending: | June 14, 2020 | |||
Quarterly Payment Date: | July 27, 2020 |
3. | Adjusted Net Cash Flow for Current Quarterly Payment Date: | |||||||||||||||||||
i. | Retained Collections for Quarterly Collection Period | $ | 209,609,438.59 | |||||||||||||||||
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Less: | ||||||||||||||||||||
ii. | Servicing Fees, Liquidation Fees and Workout Fees | $ | 215,202.14 | |||||||||||||||||
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iii. | Securitization Entities Operating Expenses paid during Quarterly Collection Period | $ | 57,500.00 | |||||||||||||||||
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iv. | Weekly Manager Fee Amounts paid during Quarterly Collection Period | $ | 16,739,254.44 | |||||||||||||||||
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v. | PULSE Maintenance Fees | $ | 8,125,379.51 | |||||||||||||||||
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vi. | Technology Fees | $ | 12,356,728.90 | |||||||||||||||||
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vii. | Administrative Expenses | $ | 18,750.00 | |||||||||||||||||
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viii. | Investment Income | $ | 123,947.34 | |||||||||||||||||
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vix. | Retained Collections Contributions, if applicable, received during Quarterly Collection Period | $ | — | |||||||||||||||||
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viii. | Net Cash Flow for Quarterly Collection Period | $ | 171,972,676.26 | |||||||||||||||||
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ix. | Net Cash Flow for Quarterly Collection Period / Number of Days in Quarterly Collection Period | $ | 2,047,293.76 | |||||||||||||||||
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x. | Multiplied by 91 if 52 week fiscal year or 92.75 if 53 week fiscal year | 93 | ||||||||||||||||||
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xi. | Adjusted Net Cash Flow for Quarterly Collection Period | $ | 189,886,496.70 | |||||||||||||||||
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4. | Debt Service / Payments to Noteholders for Current Quarterly Payment Date: | |||||||||||||||||||
i. | Required Interest on Senior and Senior Subordinated Notes | |||||||||||||||||||
Series 2019-1 Class A-1 Quarterly Interest | $ | 694,216.73 | ||||||||||||||||||
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Series 2015-1 Class A-2-II Quarterly Interest | $ | 8,612,450.00 | ||||||||||||||||||
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Series 2017-1 Class A-2-I Quarterly Interest | $ | 1,657,220.33 | ||||||||||||||||||
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Series 2017-1 Class A-2-II Quarterly Interest | $ | 4,507,425.00 | ||||||||||||||||||
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Series 2017-1 Class A-2-III Quarterly Interest | $ | 10,037,625.00 | ||||||||||||||||||
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Series 2018-1 Class A-2-I Quarterly Interest | $ | 4,296,718.10 | ||||||||||||||||||
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Series 2018-1 Class A-2-II Quarterly Interest | $ | 4,252,260.00 | ||||||||||||||||||
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Series 2019-1 Class A-2 Quarterly Interest | $ | 6,158,801.30 | ||||||||||||||||||
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ii. | Required Principal on Senior and Senior Subordinated Notes | |||||||||||||||||||
Series 2015-1 Class A-2-II Quarterly Scheduled Principal | $ | 2,000,000.00 | ||||||||||||||||||
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Series 2017-1 Class A-2-I Quarterly Scheduled Principal | $ | 750,000.00 | ||||||||||||||||||
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Series 2017-1 Class A-2-II Quarterly Scheduled Principal | $ | 1,500,000.00 | ||||||||||||||||||
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Series 2017-1 Class A-2-III Quarterly Scheduled Principal | $ | 2,500,000.00 | ||||||||||||||||||
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Series 2018-1 Class A-2-I Quarterly Scheduled Principal | $ | 1,062,500.00 | ||||||||||||||||||
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Series 2018-1 Class A-2-II Quarterly Scheduled Principal | $ | 1,000,000.00 | ||||||||||||||||||
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Series 2019-1 Class A-2 Quarterly Scheduled Principal | $ | 1,687,500.00 | ||||||||||||||||||
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iii. | Other | |||||||||||||||||||
Series 2019-1 Class A-1 Quarterly Commitment Fees | $ | 92,775.94 | ||||||||||||||||||
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iv. | Total Debt Service | $ | 50,809,492.40 | |||||||||||||||||
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v. | Other Payments to Noteholders Relating to Notes | |||||||||||||||||||
Series 2019-1 Class A-1 Quarterly Contingent Additional Interest | $ | — | ||||||||||||||||||
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Series 2015-1 Class A-2-II Quarterly Contingent Additional Interest | $ | — | ||||||||||||||||||
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Series 2017-1 Class A-2-I Quarterly Contingent Additional Interest | $ | — | ||||||||||||||||||
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Series 2017-1 Class A-2-II Quarterly Contingent Additional Interest | $ | — | ||||||||||||||||||
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Series 2017-1 Class A-2-III Quarterly Contingent Additional Interest | $ | — | ||||||||||||||||||
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Series 2018-1 Class A-2-I Quarterly Contingent Additional Interest | $ | — | ||||||||||||||||||
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Series 2018-1 Class A-2-II Quarterly Contingent Additional Interest | $ | — | ||||||||||||||||||
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Series 2019-1 Class A-2 Quarterly Contingent Additional Interest | $ | — | ||||||||||||||||||
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5. | Aggregate Weekly Allocations to Distribution Accounts for Current Quarterly Payment Date: | |||||||||||||||||||
i. | All available deposits in Series 2019-1 Class A-1 Distribution Account | $ | 805,742.67 | |||||||||||||||||
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iii. | All available deposits in Series 2015-1 Class A-2-II Distribution Account | $ | 10,612,450.00 | |||||||||||||||||
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iv. | All available deposits in Series 2017-1 Class A-2-I Distribution Account | $ | 2,407,220.33 | |||||||||||||||||
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v. | All available deposits in Series 2017-1 Class A-2-II Distribution Account | $ | 6,007,425.00 | |||||||||||||||||
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vi. | All available deposits in Series 2017-1 Class A-2-III Distribution Account | $ | 12,537,625.00 | |||||||||||||||||
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vii. | All available deposits in Series 2018-1 Class A-2-I Distribution Account | $ | 5,359,218.10 | |||||||||||||||||
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viii. | All available deposits in Series 2018-1 Class A-2-II Distribution Account | $ | 5,252,260.00 | |||||||||||||||||
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ix. | All available deposits in Series 2019-1 Class A-2 Distribution Account | $ | 7,846,301.30 | |||||||||||||||||
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v. | Total on Deposit in Distribution Accounts | $ | 50,828,242.40 | |||||||||||||||||
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Page 3
Domino’s Pizza Master Issuer LLC
Domino’s SPV Canadian Holding Company Inc.
Domino’s Pizza Distribution LLC
Domino’s IP Holder LLC
Quarterly Noteholders’ Statement
Quarterly Collection Period Starting: | March 23, 2020 | |||
Quarterly Collection Period Ending: | June 14, 2020 | |||
Quarterly Payment Date: | July 27, 2020 |
6. | Distributions for Current Quarterly Payment Date: | |||||||||
Series 2019-1 Class A-1 Distribution Account | ||||||||||
i. | Payment of interest and fees related to Series 2019-1 Class A-1 Notes | $ | 805,742.67 | |||||||
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ii. | Indemnification & Real Estate Disposition Proceeds Payments to reduce commitments under Series 2019-1 Class A-1 Notes | $ | — | |||||||
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iii. | Principal payments to Series 2019-1 Class A-1 Notes | $ | — | |||||||
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iv. | Payment of Series 2019-1 Class A-1 Notes Breakage Amounts | $ | — | |||||||
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Series 2015-1 Class A-2-II Distribution Account | ||||||||||
i. | Payment of interest related to Series 2015-1 Class A-2-II Notes | $ | 8,612,450.00 | |||||||
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ii. | Indemnification & Real Estate Disposition Proceeds payments to Series 2015-1 Class A-2-II Notes | $ | — | |||||||
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iii. | Principal payment to Series 2015-1 Class A-2-II Notes | $ | 2,000,000.00 | |||||||
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iv. | Make-Whole Premium related to Series 2015-1 Class A-2-II Notes | $ | — | |||||||
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Series 2017-1 Class A-2-I Distribution Account | ||||||||||
i. | Payment of interest related to Series 2017-1 Class A-2-I Notes | $ | 1,657,220.33 | |||||||
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ii. | Indemnification & Real Estate Disposition Proceeds payments to Series 2017-1 Class A-2-I Notes | $ | — | |||||||
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iii. | Principal payment to Series 2017-1 Class A-2-I Notes | $ | 750,000.00 | |||||||
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iv. | Make-Whole Premium related to Series 2017-1 Class A-2-I Notes | $ | — | |||||||
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Series 2017-1 Class A-2-II Distribution Account | ||||||||||
i. | Payment of interest related to Series 2017-1 Class A-2-II Notes | $ | 4,507,425.00 | |||||||
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ii. | Indemnification & Real Estate Disposition Proceeds payments to Series 2017-1 Class A-2-II Notes | $ | — | |||||||
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iii. | Principal payment to Series 2017-1 Class A-2-II Notes | $ | 1,500,000.00 | |||||||
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iv. | Make-Whole Premium related to Series 2017-1 Class A-2-II Notes | $ | — | |||||||
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Series 2017-1 Class A-2-III Distribution Account | ||||||||||
i. | Payment of interest related to Series 2017-1 Class A-2-III Notes | $ | 10,037,625.00 | |||||||
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ii. | Indemnification & Real Estate Disposition Proceeds payments to Series 2017-1 Class A-2-III Notes | $ | — | |||||||
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iii. | Principal payment to Series 2017-1 Class A-2-III Notes | $ | 2,500,000.00 | |||||||
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iv. | Make-Whole Premium related to Series 2017-1 Class A-2-III Notes | $ | — | |||||||
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Series 2018-1 Class A-2-I Distribution Account | ||||||||||
i. | Payment of interest related to Series 2018-1 Class A-2-I Notes | $ | 4,296,718.10 | |||||||
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ii. | Indemnification & Real Estate Disposition Proceeds payments to Series 2018-1 Class A-2-I Notes | $ | — | |||||||
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iii. | Principal payment to Series 2018-1 Class A-2-I Notes | $ | 1,062,500.00 | |||||||
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iv. | Make-Whole Premium related to Series 2018-1 Class A-2-I Notes | $ | — | |||||||
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Series 2018-1 Class A-2-II Distribution Account | ||||||||||
i. | Payment of interest related to Series 2018-1 Class A-2-II Notes | $ | 4,252,260.00 | |||||||
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ii. | Indemnification & Real Estate Disposition Proceeds payments to Series 2018-1 Class A-2-II Notes | $ | — | |||||||
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iii. | Principal payment to Series 2018-1 Class A-2-II Notes | $ | 1,000,000.00 | |||||||
|
| |||||||||
iv. | Make-Whole Premium related to Series 2018-1 Class A-2-II Notes | $ | — | |||||||
|
| |||||||||
Series 2019-1 Class A-2 Distribution Account | ||||||||||
i. | Payment of interest related to Series 2019-1 Class A-2 Notes | $ | 6,158,801.30 | |||||||
|
| |||||||||
ii. | Indemnification & Real Estate Disposition Proceeds payments to Series 2019-1 Class A-2 Notes | $ | — | |||||||
|
| |||||||||
iii. | Principal payment to Series 2019-1 Class A-2 Notes | $ | 1,687,500.00 | |||||||
|
| |||||||||
iv. | Make-Whole Premium related to Series 2019-1 Class A-2 Notes | $ | — | |||||||
|
| |||||||||
Total Allocations from Distribution Accounts | $ | 50,828,242.40 | ||||||||
|
| |||||||||
7. | Senior Notes Interest Reserve Account Deposits, Draws and Releases as of Current Quarterly Payment Date: | |||||||||
i. | Deposits into Senior Notes Interest Reserve Account during Quarterly Collection Period | $ | 0.00 | |||||||
|
| |||||||||
ii. | Less draws on / releases from Available Senior Notes Interest Reserve Account Amount | $ | 1,064,361.18 | |||||||
|
| |||||||||
iii. | Total Increase (Reduction) of Available Senior Notes Interest Reserve Account Amount | $ | (1,064,361.18 | ) | ||||||
|
| |||||||||
8. | Senior Subordinated Notes Interest Reserve Account Deposits, Draws and Releases as of Current Quarterly Payment Date: | |||||||||
i. | Deposits into Senior Subordinated Notes Interest Reserve Account during Quarterly Collection Period | $ | — | |||||||
|
| |||||||||
ii. | Less draws on Available Senior Subordinated Notes Interest Reserve Account Amount | $ | — | |||||||
|
| |||||||||
iii. | Total Increase (Reduction) of Available Senior Subordinated Notes Interest Reserve Account Amount | $ | — | |||||||
|
|
Page 4
Domino’s Pizza Master Issuer LLC
Domino’s SPV Canadian Holding Company Inc.
Domino’s Pizza Distribution LLC
Domino’s IP Holder LLC
Quarterly Noteholders’ Statement
Quarterly Collection Period Starting: | March 23, 2020 | |||
Quarterly Collection Period Ending: | June 14, 2020 | |||
Quarterly Payment Date: | July 27, 2020 |
9. | Cash Trap Reserve Account Deposits, Draws and Releases as of Current Quarterly Payment Date: | |||||||||||||||||||
i. | Deposits into Cash Trap Reserve Account during Quarterly Collection Period | $ | — | |||||||||||||||||
|
| |||||||||||||||||||
ii. | Less draws on Available Cash Trap Reserve Account Amount | $ | — | |||||||||||||||||
|
| |||||||||||||||||||
iii. | Less Cash Trapping Release Amount | $ | — | |||||||||||||||||
|
| |||||||||||||||||||
iv. | Total Increase (Reduction) of Available Cash Trap Reserve Account Amount | $ | — | |||||||||||||||||
|
| |||||||||||||||||||
10. | Real Estate Disposition Proceeds | |||||||||||||||||||
i. | Aggregate Real Estate Disposition Proceeds as of Prior Quarterly Payment Date | $ | — | |||||||||||||||||
|
| |||||||||||||||||||
ii. | Aggregate Real Estate Disposition Proceeds as of Current Quarterly Payment Date | $ | — | |||||||||||||||||
|
| |||||||||||||||||||
11. | Outstanding Balances as of Current Quarterly Payment Date (after giving effect to payments to be made on such date): | |||||||||||||||||||
i. | Series 2019-1 Class A-1 Notes (Advance) | $ | 23,000,000.00 | |||||||||||||||||
|
| |||||||||||||||||||
i. | Series 2019-1 Class A-1 Notes (Swingline) | $ | — | |||||||||||||||||
|
| |||||||||||||||||||
i. | Series 2019-1 Class A-1 Notes (L/C) | $ | 39,955,304.00 | |||||||||||||||||
|
| |||||||||||||||||||
ii. | Series 2015-1 Class A-2-II Notes | $ | 768,000,000.00 | |||||||||||||||||
|
| |||||||||||||||||||
iii. | Series 2017-1 Class A-2-I Notes | $ | 291,750,000.00 | |||||||||||||||||
|
| |||||||||||||||||||
iv. | Series 2017-1 Class A-2-II Notes | $ | 583,500,000.00 | |||||||||||||||||
|
| |||||||||||||||||||
v. | Series 2017-1 Class A-2-III Notes | $ | 972,500,000.00 | |||||||||||||||||
|
| |||||||||||||||||||
vi. | Series 2018-1 Class A-2-I Notes | $ | 416,500,000.00 | |||||||||||||||||
|
| |||||||||||||||||||
vii. | Series 2018-1 Class A-2-II Notes | $ | 392,000,000.00 | |||||||||||||||||
|
| |||||||||||||||||||
viii. | Series 2019-1 Class A-2 Notes | $ | 669,937,500.00 | |||||||||||||||||
|
| |||||||||||||||||||
ix. | Senior Subordinated Notes | $ | — | |||||||||||||||||
|
| |||||||||||||||||||
x. | Subordinated Notes | $ | — | |||||||||||||||||
|
| |||||||||||||||||||
xi. | Reserve account balances: | |||||||||||||||||||
a. | Available Senior Notes Interest Reserve Account Amount | $ | 40,851,853.50 | |||||||||||||||||
|
| |||||||||||||||||||
b. | Available Senior Subordinate Notes Interest Reserve Account Amount | $ | — | |||||||||||||||||
|
| |||||||||||||||||||
c. | Available Cash Trap Reserve Account Amount | $ | — | |||||||||||||||||
|
|
IN WITNESS HEREOF, the undersigned has duly executed and delivered this Quarterly Noteholders’ Statement
this | July 22, 2020 |
Domino’s Pizza LLC as Manager on behalf of the Master Issuer and certain subsidiaries thereto,
by: | /s/ Steven J. Goda | |||
Steven J. Goda - Vice President, Treasurer and Controller |
Page 5