Common use of Adequate Notice Clause in Contracts

Adequate Notice. The District agrees that the terms of this Lease-Purchase Agreement constitute full and sufficient notice of the right of the Corporation to re-let the Leased Property and to do all other acts to maintain or preserve the Leased Property as the Corporation deems necessary or desirable in the event of such retaking or re-entry without effecting a surrender of this Lease-Purchase Agreement, and further agrees that no acts of the Corporation in attempting such re-letting shall constitute a surrender or termination of this Lease- Purchase Agreement, irrespective of the use or the term for which such re-letting is made or the terms and conditions of such re-letting, or otherwise, but that, on the contrary, in the event of such default by the District the right to terminate this Lease-Purchase Agreement shall vest in the Corporation to be effected in the sole and exclusive manner provided for in subsection (A) hereof.

Adequate Notice. The District agrees that the terms of this Lease-Lease Purchase Agreement constitute full and sufficient notice of the right of the Corporation to re-let the Leased Property Facilities and to do all other acts to maintain or preserve the Leased Property Facilities as the Corporation deems necessary or desirable in the event of such retaking or re-entry without effecting a surrender of this Lease-Lease Purchase Agreement, and further agrees that no acts of the Corporation in attempting such re-letting shall constitute a surrender or termination of this Lease- Lease Purchase Agreement, irrespective of the use or the term for which such re-letting is made or the terms and conditions of such re-letting, or otherwise, but that, on the contrary, in the event of such default by the District the right to terminate this Lease-Lease Purchase Agreement shall vest in the Corporation to be effected in the sole and exclusive manner provided for in subsection (A) hereof.

Adequate Notice. The District County agrees that the terms of this Lease-/Purchase Agreement constitute full and sufficient notice of the right of the Corporation to re-let the Leased Property and to do all other acts to maintain or preserve the Leased Property as the Corporation deems necessary or desirable in the event of such retaking or re-entry without effecting a surrender of this Lease-/Purchase Agreement, and further agrees that no acts of the Corporation in attempting such re-letting shall constitute a surrender or termination of this Lease- Lease/Purchase Agreement, irrespective of the use or the term for which such re-re- letting is made or the terms and conditions of such re-letting, or otherwise, but that, on the contrary, in the event of such default by the District County the right to terminate this Lease-/Purchase Agreement shall vest in the Corporation to be effected in the sole and exclusive manner provided for in subsection (A) hereof.