RIGHT OF SUBSTITUTION. A. So long as no Event of Default has occurred and be continuing, prior to July 29, 2025, Tenant shall have the right to deliver an offer to Landlord (each, a “Substitution Offer”) with respect to no more than five (5) Sites in any twelve (12) month period and in no event more than twenty-five (25) Sites the aggregate, upon the following terms and conditions:
Appears in 3 contracts
Samples: Master Lease Agreement (Cracker Barrel Old Country Store, Inc), Lease Agreement (Cracker Barrel Old Country Store, Inc), Master Lease Agreement (Cracker Barrel Old Country Store, Inc)
RIGHT OF SUBSTITUTION. A. So long as no Event of Default has occurred and be continuing, prior to July 29, 2025the fifth (5th) anniversary of the Effective Date, Tenant shall have the right to deliver an offer to Landlord (each, a “Substitution Offer”) with respect to no more than five (5) Sites in any twelve (12) month period and in no event more than twenty-five (25) Sites the aggregate, upon the following terms and conditions:
Appears in 1 contract
Samples: Lease Agreement (Cracker Barrel Old Country Store, Inc)
