Common use of Who May Exercise Remedies Clause in Contracts

Who May Exercise Remedies. 1. Subject to subsection (ii) below, until the date on which all Senior Obligations shall have been paid in full, no Letters of Credit shall be outstanding and the Commitments shall have been terminated, the Senior Parties will have the exclusive right to:

Appears in 3 contracts

Samples: Credit Agreement (Sprague Resources LP), Credit Agreement (Sprague Resources LP), Security Agreement

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Who May Exercise Remedies. 1. (i) Subject to subsection (ii) below, until the date on which all Senior Obligations shall have been paid in full, no Letters of Credit shall be outstanding and the Commitments shall have been terminated, the Senior Parties will have the exclusive right to:

Appears in 2 contracts

Samples: Credit Agreement (Sprague Resources LP), Security Agreement (Sprague Resources LP)

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