Subsequently Relinquished ATMs Sample Clauses

Subsequently Relinquished ATMs. If LaSalle ceases to own, operate or lease an ATM after the Effective Date, that ATM shall no longer be subject to this Agreement as of the date upon which LaSalle ceases to own, operate or lease the ATM, unless (i) the ATM is relinquished to a parent or successor of LaSalle itself, or (ii) the ATM is relinquished to a Third Party with whom LaSalle has a branding and servicing agreement. In these instances, the ATM remains subject to this Agreement.
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Subsequently Relinquished ATMs. If TCF Bank ceases to own and/or operate an ATM after the Effective Date, that ATM shall no longer be subject to this Agreement as of the date upon which TCF Bank ceases to own and operate the ATM, unless (i) the ATM is relinquished to a parent or successor of TCF Bank itself, or (ii) the ATM is relinquished to a Third Party with whom TCF Bank has a branding and/or servicing agreement if the relinquishment is solely for the purpose of avoiding the terms of this Agreement. In these instances, the ATM remains subject to this Agreement. F or purposes of this Agreement “successor” includes any entity that controls TCF Bank ("Parent") or is under the common control of such Parent. "Control" means the power to vote more than 50% of the securities that have ordinary voting power for the election of the entity's directors or managers.

Related to Subsequently Relinquished ATMs

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