Common use of Termination of Agency Clause in Contracts

Termination of Agency. The agency created hereby shall terminate upon the final disposition by Lessor of all of the Items of Equipment and other Lessee Collateral and the final distribution by Agent of all monies or other property or proceeds received pursuant to the Operative Documents in accordance with their terms, provided that at such time Lessee shall have complied fully with all the terms hereof.

Appears in 4 contracts

Samples: Lease and Security Agreement (Lsi Logic Corp), Lease and Security Agreement (Lsi Logic Corp), Lease and Security Agreement (Lsi Logic Corp)

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Termination of Agency. The agency created hereby shall terminate upon the final disposition by Lessor each of the Agents of all Leased Property and each of the Items of Equipment Administrative Agent’s and other Lessee the Collateral Agent’s interest in the Site and the final distribution by Agent each of the Agents of all monies or other property or proceeds received pursuant to the Operative Documents in accordance with their terms; provided, provided that at such time the Lessee shall have complied fully with all the terms hereof.

Appears in 3 contracts

Samples: Participation Agreement (Big Lots Inc), Participation Agreement (Big Lots Inc), Participation Agreement (Cubic Corp /De/)

Termination of Agency. The agency created hereby shall terminate upon the final disposition by Lessor Agent of all of Units, the Items of Equipment Lessee Collateral and other Lessee the Lessor Collateral and the final distribution by Agent of all monies or other property or proceeds received pursuant to the Operative Documents Lease in accordance with their terms; provided, provided that at such time Lessee shall have complied fully with all the terms hereof.

Appears in 2 contracts

Samples: Participation Agreement (Ferrellgas Partners Finance Corp), Participation Agreement (Ferrellgas Partners Finance Corp)

Termination of Agency. The agency created hereby shall --------------------- terminate upon the final disposition by Lessor Agent of all of the Items of Equipment and other Lessee Collateral at any time subject hereto and the final distribution by Agent of all monies or other property or proceeds received pursuant to the Operative Documents to which it is a party in accordance with their terms, provided that at such time Lessee shall -------- have complied fully with all the terms hereof.

Appears in 1 contract

Samples: Lease Intended as Security (Levi Strauss & Co)

Termination of Agency. The agency created hereby shall terminate upon the final disposition by Lessor of all of the Items of Equipment and other Lessee Collateral Sites and the final distribution by Agent of all monies or other property or proceeds received pursuant to the Operative Documents Lease and Loan Agreement in accordance with their respective terms, provided that at such time Lessee shall have complied fully with all the terms hereof.

Appears in 1 contract

Samples: Participation Agreement (Genesis Health Ventures Inc /Pa)

Termination of Agency. The agency created hereby shall terminate upon the final disposition by Lessor Agent of all of the Items of Equipment and other Lessee Collateral at any time subject hereto and the final distribution distribu tion by Agent of all monies moneys or other property or proceeds received pursuant to the Operative Documents Lease in accordance with their its terms, provided that at such time Lessee shall have complied fully with all the terms hereof.

Appears in 1 contract

Samples: Participation Agreement (Consolidated Freightways Corp)

Termination of Agency. The agency created hereby shall terminate upon the final disposition by Lessor Agent of all of the Items of Equipment and other Lessee Collateral Mortgaged Property at any time subject hereto and the final distribution by Agent of all monies or other property or proceeds received pursuant to the Operative Documents Lease in accordance with their terms; PROVIDED, provided that at such time Lessee shall have complied fully with all the terms hereof.

Appears in 1 contract

Samples: Participation Agreement (Remec Inc)

Termination of Agency. The agency created hereby shall terminate upon the final disposition by Agent Lessor of all of the Items of Equipment and other Lessee Collateral at any time subject hereto and the final distribution by the Administrative Agent of all monies moneys or other property or proceeds received pursuant to the Operative Documents Lease in accordance with their its terms, provided that at such time Lessee shall have complied fully with all the terms hereof.

Appears in 1 contract

Samples: Participation Agreement (Adc Telecommunications Inc)

Termination of Agency. The agency created hereby shall terminate upon the final disposition by Lessor Administrative Agent of all of the Items of Equipment and other Lessee Collateral at any time subject hereto and the final distribution by Administrative Agent of all monies moneys or other property or proceeds received pursuant to the Operative Documents Lease in accordance with their its terms, provided that at such time Lessee shall have complied fully with all the terms hereof.

Appears in 1 contract

Samples: Participation Agreement (Weatherford International Inc /New/)

Termination of Agency. The agency created hereby shall terminate upon the final disposition by Lessor Agent of all of the Items of Equipment and other Lessee Collateral at any time subject hereto and the final distribution by Agent of all monies moneys or other property or proceeds received pursuant to the Operative Documents Lease in accordance with their its terms, provided that at such time Lessee shall have complied fully with all the terms hereof.

Appears in 1 contract

Samples: Participation Agreement (Yellow Roadway Corp)

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Termination of Agency. The agency created hereby shall terminate upon the final disposition by Lessor Agent of all of the Items of Equipment and other Lessee Collateral at any time subject hereto and the final distribution by Agent of all monies or other property or proceeds received pursuant to the Operative Documents Lease in accordance with their its terms, provided that at such time Lessee Lessees shall have complied fully with all the terms hereof. S10 Compensation of Agency. Lessees shall pay Agent its reasonable fees, costs and expenses for the performance of Agent's obligations hereunder, in accordance with the terms of the Fee Letter.

Appears in 1 contract

Samples: Participation Agreement (Consolidated Freightways Corp)

Termination of Agency. The agency created hereby shall terminate upon the final disposition by Lessor Agent of all of the Items of Equipment and other Lessee Collateral at any time subject hereto and the final distribution by Agent of all monies or other property or proceeds received pursuant to the Operative Documents Lease in accordance with their terms; provided, provided that at such time Lessee shall have complied fully with all the terms hereof.

Appears in 1 contract

Samples: Participation Agreement (Applied Materials Inc /De)

Termination of Agency. The agency created hereby shall terminate upon the final disposition by Lessor Agent of all of the Items of Equipment and other Lessee Collateral at any time subject hereto and the final distribution by Agent of all monies or other property or proceeds received pursuant to the Operative Documents this Lease in accordance with their termsArticle XXVIII, provided that at such time Lessee shall have complied fully with all the terms hereof.

Appears in 1 contract

Samples: Participation Agreement (Us Foodservice/Md/)

Termination of Agency. The agency created hereby shall terminate upon the final disposition by Lessor Agent of all of the Items of Equipment and other Lessee Collateral Mortgaged Property at any time subject hereto and the final distribution by Agent of all monies or other property or proceeds received pursuant to the Operative Documents Lease in accordance with their terms; provided, provided that at such time Lessee shall have complied fully with all the terms hereof.

Appears in 1 contract

Samples: Participation Agreement (Del Monte Foods Co)

Termination of Agency. The agency created hereby shall terminate upon the final disposition by Lessor Agent of all of the Items of Equipment and other Lessee Lessor Collateral and the final distribution by Agent of all monies or other property or proceeds received pursuant to the LSI Trust No. 2001-A Participation Agreement Operative Documents in accordance with their terms; provided, provided that at such time Lessee shall have complied fully with all the terms hereofthereof.

Appears in 1 contract

Samples: Participation Agreement (Lsi Logic Corp)

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