Apparently, the loophole would be that you could decide to ignore their terms and conditions, and redistribute the code. You'd be booted as a client, but you'd still get the code and can share it this way.
You could also argue that the code is still available, in the CentOS Stream repos, although it's not a snapshot of RHEL code, the code used to build an exact version of RHEL is mixed in with other patches that only CentOS Stream gets.
You could also argue that the code is still available, in the CentOS Stream repos, although it's not a snapshot of RHEL code, the code used to build an exact version of RHEL is mixed in with other patches that only CentOS Stream gets.