Effect of Option Election. If and for so long as the Retailer’s election of: (a) Receivership Option A is effective, Receivership Option A will have effect and Receivership Option B will be of no effect; and (b) Receivership Option B is effective, Receivership Option B will have effect and Receivership Option A will be of no effect.
Appears in 7 contracts
Samples: Use of System Agreement, Use of System Agreement, Use of System Agreement
