Effect of Discontinuance of Proceedings Sample Clauses

Effect of Discontinuance of Proceedings. In case any proceeding taken by the Trustee on account of any default shall have been discontinued or abandoned for any reason, then, and in every such case, the Authority, the Trustee, the Guarantor, the Borrower and the Bondholders shall be restored to their former positions and rights hereunder, respectively, and all rights, remedies, powers and duties of the Trustee shall continue as though no proceeding had been taken.

Effect of Discontinuance of Proceedings. In case any proceeding taken by the Trustee on account of any Default shall have been discontinued or abandoned for any reason, or shall have been determined adversely, then and in any such case, the Authority or Owner and the Trustee shall be restored to their former positions and rights hereunder, and all rights, remedies, powers and duties of the Trustee shall continue as though no such proceeding had been taken.

Effect of Discontinuance of Proceedings. In case the Mortgagee shall have proceeded to enforce any right under the Mortgage by foreclosure, sale, entry or otherwise, and such proceedings shall have been discontinued through written notice to the Company by the Mortgagee or shall have been determined adversely, then and in every such case the Company and the Mortgagee shall be restored to its position and rights hereunder as they existed immediately prior to the commencement of such proceedings with respect to the property subject to the Lien and first perfected security interest of this Mortgage.

Effect of Discontinuance of Proceedings. In case any proceeding taken by the Trustee or the Letter of Credit Issuer on account of any default shall have been discontinued or abandoned for any reason, then, and in every such case, the Authority, the Trustee, the Letter of Credit Issuer, the Borrower and the Bondholders shall be restored to their former positions and rights hereunder, respectively, and all rights, remedies, powers and duties of the Trustee and the Letter of Credit Issuer shall continue as though no proceeding had been taken.

Effect of Discontinuance of Proceedings. In case the Indenture Trustees (or the Security Trustee on behalf of the Indenture Trustees) shall have proceeded to enforce any right under this Deed of Trust by foreclosure, sale, entry or otherwise, and such proceedings shall have been discontinued or abandoned for any reason or shall have been determined adversely, than and in every such case the Grantor and the Indenture Trustees (or the Security Trustee on behalf of the Indenture Trustees) shall be restored to their position and rights hereunder as they existed immediately prior to the commencement of such proceedings with respect to the property subject to the lien of this Deed of Trust.

Effect of Discontinuance of Proceedings. If the Trustee has proceeded to enforce any right under this Indenture by the appointment of a receiver, by entry, or otherwise, and such proceedings have been discontinued or abandoned for any reason, or have been determined adversely, then and in every such case the Issuer, the Lessee, the Trustee, the Letter of Credit Provider and the Bondowners shall be restored to their former positions and rights hereunder, and all rights, remedies and powers of the Trustee shall continue as if no such proceedings had been taken.

Effect of Discontinuance of Proceedings. In case any proceedings taken by the Mortgagee on account of any Event of Default hereunder shall have been discontinued or abandoned for any reason or shall have been determined adversely to the Mortgagee, then and in every such case the Agency, the Obligor and the Mortgagee shall be restored, respectively, to their former positions and rights hereunder, and all rights, remedies, powers and duties of the Mortgagee shall continue as in effect prior to the commencement of such proceedings.

Effect of Discontinuance of Proceedings. IN case the Collateral Agent shall have proceeded to enforce any right under this Deed of Trust by foreclosure, sale, entry or otherwise, and such proceedings shall have been discontinued through written notice to the Company by the Collateral Agent or shall have been determined adversely, then and in every such case the Company and the Collateral Agent shall each be restored to its position and rights hereunder, except with respect to any rights specifically denied in a proceeding which was adversely determined, as they existed immediately prior to the commencement of such proceedings with respect to the property subject to the Lien and first perfected security interest of this Deed of Trust.

Effect of Discontinuance of Proceedings. 46 Section 9.8. Remedies Not Exclusive . . . . . . . . . . 46 Section 9.9. Delay or Omission Upon Default . . . . . . 46 Section 9.10.

Effect of Discontinuance of Proceedings. In case any proceeding taken by Sublandlord under this Agreement on account of any Event of Default hereunder or thereunder shall have been discontinued or abandoned for any reason or shall have been determined adversely to Sublandlord, then, and in every such case, Sublandlord shall be restored to its former position and rights hereunder and thereunder, and all rights, remedies, powers and duties of Sublandlord shall continue as in effect prior to the commencement of such proceedings.