Common use of Rights of the Credit Parties Clause in Contracts

Rights of the Credit Parties. If at any time all obligations of the Lessor Parties under the Operative Agreements and of the Credit Parties under the Operative Agreements have in each case been satisfied or discharged in full, then the Credit Parties shall be entitled to terminate the Lease and guaranty obligations under Section 6B.

Appears in 3 contracts

Samples: Participation Agreement (Big Lots Inc), Participation Agreement (Big Lots Inc), Participation Agreement (Big Lots Inc)

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Rights of the Credit Parties. If at any time all obligations of the Lessor Parties under the Operative Agreements and of the Credit Parties under the Operative Agreements have in each case been satisfied or discharged in full, then the Credit Parties shall be entitled to terminate the Lease and guaranty obligations under Section 6B.6B. 12.11

Appears in 1 contract

Samples: Certain Operative (Big Lots Inc)

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