Common use of Remedies of the Association Clause in Contracts

Remedies of the Association. Section 5.01. Pursuant to Section 6.02(l) of the General Conditions, the following additional event is specified, namely, that the Operational Manual shall have been amended, suspended, abrogated, repealed or waived so as to affect materially and adversely, in the opinion of the Association, the carrying out of the Project.

Appears in 4 contracts

Samples: Conformed, Development Credit Agreement, Development Credit Agreement

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Remedies of the Association. Section 5.01. Pursuant to Section 6.02(l6.02 (l) of the General Conditions, the following additional event is specified, namely, that the Operational Manual shall have been amended, suspended, abrogated, repealed abrogated or waived so as to affect materially and adverselyaffect, in the opinion Association’s opinion, materially and adversely the ability of the Association, the carrying Borrower to carry out of the Project.

Appears in 2 contracts

Samples: Development Credit Agreement, Development Credit Agreement

Remedies of the Association. Section 5.01. Pursuant to Section 6.02(l6.02 (h) of the General ConditionsCondition, the following additional event is specified, namely, that the Operational Manual Manual, or any provision thereof, shall have been amended, suspended, abrogated, repealed or waived so in such a way as to affect materially and adversely, in adversely affect the opinion ability of the Association, the carrying XXXXX to carry out of the Project.

Appears in 1 contract

Samples: Credit Agreement

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Remedies of the Association. Section 5.01. Pursuant to Section 6.02(l6.02 (l) of the General Conditions, the following additional event is specified, namelynamely that, that the Operational Manual shall have been amended, suspended, abrogated, repealed or waived so as to affect materially and adversely, in without the opinion prior consent of the Association, the carrying out of the Project.

Appears in 1 contract

Samples: Credit Agreement

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