Common use of Step-In Right Clause in Contracts

Step-In Right. If Bank’s right to terminate this Agreement arises pursuant to clause (ii) or (iv) of Section 2.2, in addition to Bank’s termination right and regardless of whether Bank exercises such right, the following shall apply:

Appears in 1 contract

Samples: Service Agreement (World Financial Network Credit Card Master Trust)

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Step-In Right. If Bank’s 's right to terminate this Agreement arises pursuant to clause (ii) or (iv) of Section 2.2, in addition to Bank’s 's termination right and regardless of whether Bank exercises such right, the following shall apply:

Appears in 1 contract

Samples: Service Agreement (World Financial Network Credit Card Master Note Trust)

Step-In Right. If Bank’s right to terminate this the Agreement arises pursuant to clause (ii) or (iv) of Section 2.2, in addition to Bank’s termination right and regardless of whether Bank exercises such right, the following shall apply:

Appears in 1 contract

Samples: Service Agreement (World Financial Network Credit Card Master Trust)

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Step-In Right. If Bank’s right to terminate this Agreement arises pursuant to clause (ii) or (iviii) of Section 2.2, in addition to Bank’s termination right and regardless of whether Bank exercises such right, the following shall apply:

Appears in 1 contract

Samples: Service Agreement (World Financial Network Credit Card Master Note Trust)

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