City’s Election Sample Clauses

City’s Election. If CSU is in Default ofits obligations with respect to the Closing of Escrow, the City’s sole remedy for such CSU Default prior to the Closing shall be to elect one ofthe following options: (i) waive the e fect ofCSU’s Default and proceed to consummate the Sale Transaction under this Agreement; or (ii) terminate this Agreement by delivering written notice of termination to CSU and Escrow Agent and the City shall receive and retain the Xxxxxxx Money Deposit as liquidated damages as determined in Section 12.3(b) below, as its sole and exclusive remedy for such CSU Default prior to the Closing. With respect to the City’s election of remedies for CSU’s Default ofits obligations with respect to the Closing ofEscrow, the City waives and relinquishes all rights to assert a remedy against CSU ofspecific performance of CSU’s obligations to the Closing of Escrow. With respect to any other CSU Default prior to the Closing of Escrow, the City shall have the right to pursue all available remedies at law or in equity including, but not limited to, an action for specific performance.
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City’s Election to repair the premises, as provided in this Article, shall not be construed as a waiver or limitation of City’s right to pursue and/or recover damages/losses suffered by City.
Sample 1
City’s Election. Upon the occurrence of any Event of Default, the City, may at its option, without any further demand or notice, in addition to any other remedy or rights given hereunder by law, with or without terminating this Lease, reenter the Premises or any part thereof with or without process of law, and expel, remove and put out Lessee or any person or persons occupying the Premises and remove all personal property, trade, fixtures, fixtures and equipment, therefrom, using such force as may be necessary to again repossess and enjoy said Premises as before this Lease, without prejudice to any remedy which might otherwise be used for arrears of Rent or preceding breach of covenant or condition, and without liability to any person for damages sustained by reason of such removal. No such reentry or taking of possession of the premises by the City shall be construed as an election in its part to terminate this Lease unless a written notice of such intention be given to Lessee, said notice being given as provided herein. The City may likewise, at the City’s option, but at the cost of Lessee and in addition to any other remedies which the City may have upon such default or failure or neglect and without notice to Lessee, petition any court of competent jurisdiction for and be entitled as a matter of right to appointment of receiver and said court may appoint such receiver and vest in him such powers and authority as may be necessary or property to fully protect all the rights herein granted or reserved to the City. The City may likewise, at the City’s option and in addition, or any other remedies which the City may have upon such default failure to neglect, let and relet the Premises in whole or in time, whether less or greater than the unexpired terms and for such length of time, whether less or greater than the unexpired portion of the term of this Lease, as the City may see fit, and Lessee shall be liable or any deficiency between rentals so procured by the City for the period of said letting and reletting not to exceed, however, the balance of the original Term hereof, after deducting the costs of any such alteration or other changes, and the rental herein reserved for a period or periods identical with the term of said letting, or reletting, and the City may institute action for the whole of such deficiency immediately upon effecting any letting or reletting and shall not thereafter be precluded from further like action in the event such letting or reletting shall not...
Sample 1
City’s Election. If CSU is in Default of its obligation to Close Escrow under this Agreement, the City’s sole and exclusive remedy will be to terminate this Agreement by delivering written notice of termination to CSU and Escrow Agent, in which case the City will receive or retain the Xxxxxxx Money Deposit as liquidated damages and as consideration for the City accepting this Agreement and affording CSU with all of its rights under this Agreement.‌
Sample 1

Related to City’s Election

  • Written Election At the time you make a rollover or conversion to a Xxxx XXX, you must designate in writing to the custodian your election to treat that contribution as a rollover or conversion. Once made, the election is irrevocable.

  • Rollovers of Xxxx Elective Deferrals Xxxx elective deferrals distributed from a 401(k) cash or deferred arrangement, 403(b) tax-sheltered annuity, 457(b) eligible governmental deferred compensation plan, or federal Thrift Savings Plan, may only be rolled into your Xxxx XXX.

  • DEFERRAL Notwithstanding the foregoing, if the Company shall furnish to Holders requesting registration pursuant to this Section 2.3, a certificate signed by the President or Chief Executive Officer of the Company stating that in the good faith judgment of the Board, it would be materially detrimental to the Company and its shareholders for such registration statement to be filed at such time, then the Company shall have the right to defer such filing for a period of not more than ninety (90) days after receipt of the request of the Initiating Holders; provided, however, that the Company may not utilize this right more than once in any twelve (12) month period; provided further, that the Company shall not register any other of its shares during such twelve (12) month period. A demand right shall not be deemed to have been exercised until such deferred registration shall have been effected.

  • Election The President, the Treasurer and the Secretary shall be elected annually by the Trustees. Other officers, if any, may be elected or appointed by the Trustees at any time. Vacancies in any office may be filled at any time.

  • Tax Elections Except as otherwise provided herein, the General Partner shall, in its sole and absolute discretion, determine whether to make any available election pursuant to the Code, including the election under Section 754 of the Code. The General Partner shall have the right to seek to revoke any such election (including without limitation, any election under Section 754 of the Code) upon the General Partner’s determination in its sole and absolute discretion that such revocation is the best interests of the Partners.

  • Elections Any employee eligible to vote in a Federal, Provincial or Municipal election or a referendum shall have four (4) consecutive clear hours during the hours in which the polls are open in which to cast his/her ballot.

  • Full Employer Contribution - Basic Eligibility Employees covered by this Agreement who are scheduled to work at least seventy-five (75) percent of the time are eligible for the full Employer Contribution. This means:

  • Resume Self-Certification Form When submitting a response to an RFQ the Contractor shall submit with its response a completed and signed Resume Self-Certification Form (Contract Exhibit F) to the Customer for each proposed Staff member identified in the RFQ response.

  • Spousal Eligibility a. For employees hired on or after August 1, 2003: If the spouse of an employee is covered by any PEBTF health care plan, and he/she is eligible for coverage under another employer’s plan(s), the spouse shall be required to enroll in each such plan, which shall be the spouse’s primary coverage, as a condition of the spouse’s eligibility for coverage by the PEBTF plan(s), without regard to whether the spouse’s plan requires cost sharing or to whether the spouse’s employer offers an incentive to the spouse not to enroll.

  • Submission of Salary Increases Recommendations for salary increases must be made to be effective on the first day of the month and must be submitted prior to the proposed effective date. However, retroactive six (6) month and annual salary increases to correct errors or oversights and retroactive payments resulting from grievance settlements shall be authorized. The proposed effective date for retroactive six (6) month and annual salary increases must be the first day of the month no more than twelve (12) months prior to the time of submitting the correcting recommendation.

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