EVENTS OF DEFAULT AND REMEDIES OF THE AUTHORITY Sample Clauses

EVENTS OF DEFAULT AND REMEDIES OF THE AUTHORITY. Section 8.01. Events of Default and Acceleration of Maturities 21 Section 8.02. Application of Funds Upon Acceleration 22 Section 8.03. Other Remedies of the Authority 22 Section 8.04. Remedies of the Authority Lender 23 Section 8.05. Non-Waiver. 23 Section 8.06. Remedies Not Exclusive 23 ARTICLE IX MISCELLANEOUS Section 9.01. Liability Limited 24 Section 9.02. Benefits of Installment Purchase Agreement Limited to Parties 24 Section 9.03. Successor Is Deemed Included in all References to Predecessor 24 Section 9.04. Waiver of Personal Liability 24 Section 9.05. Article and Section Headings, Gender and References 24 Section 9.06. Partial Invalidity. 24 Section 9.07. Assignment 25 Section 9.08. Net Contract 25 Section 9.09. California Law 25 Section 9.10. Notices 25 Section 9.11. Effective Date 25 Section 9.12. Execution in Counterparts. 26 Section 9.13. Indemnification of the Authority 26 Section 9.14. Amendments Permitted 26 Signatures .............................................................................................................................. S-1 Exhibit A Purchase Price ......................................................................................................A-1 Exhibit B Form of Requisition from Acquisition Fund........................................................ B-1 INSTALLMENT PURCHASE AGREEMENT This INSTALLMENT PURCHASE AGREEMENT, is entered into and dated as of 1, 2022, by and between DISTRICT, a district that is duly organized and existing under and by virtue of the laws of the State of California (the “District”), and UPPER SANTA ANA RIVER WATERSHED INFRASTRUCTURE FINANCING AUTHORITY, a joint exercise of powers agency that is duly organized and existing under and by virtue of the laws of the State of California (the “Authority”).
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EVENTS OF DEFAULT AND REMEDIES OF THE AUTHORITY. SECTION 6.01. Events of Default 21 SECTION 6.02. Distribution of Assets 22 SECTION 6.03. Other Remedies of the Authority 23 SECTION 6.04. Non-Waiver 23 SECTION 6.05. Remedies Not Exclusive 24 ARTICLE VII DISCHARGE OF OBLIGATIONS SECTION 7.01. Discharge of Obligations 24
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EVENTS OF DEFAULT AND REMEDIES OF THE AUTHORITY. Section 8.1. Events of Default and Acceleration of Maturities 18 Section 8.2. Application of Funds Upon Acceleration 19 Section 8.3. Other Remedies of the Authority 20 Section 8.4. Non-Waiver 20 Section 8.5. Remedies Not Exclusive 20 ARTICLE IX DISCHARGE OF OBLIGATIONS Section 9.1. Discharge of Obligations 21 ARTICLE X MISCELLANEOUS Section 10.1. Liability of Agency Limited 22 Section 10.2. Benefits of Installment Purchase Agreement Limited to Parties 22 Section 10.3. Successor Is Deemed Included in all References to Predecessor 22 Section 10.4. Waiver of Personal Liability 22 Section 10.5. Section Headings, Gender and References 22 Table of Contents (continued) Page Section 10.6. Partial Invalidity 22 Section 10.7. Assignment 23 Section 10.8. Net Contract 23 Section 10.9. California Law 23 Section 10.10. Notices 23 Section 10.11. Effective Date 23 Section 10.12. Execution in Counterparts 23 Section 10.13. Indemnification of Authority 24 Section 10.14. Amendments Permitted 24 Section 10.15. Paired Obligation Provider Guidelines 25 Section 10.16. Retail Water Distribution Facilities 25 Exhibit A Description of the Project ......................................................................................... A-1
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EVENTS OF DEFAULT AND REMEDIES OF THE AUTHORITY. SECTION 4.01 Events of Default 5 SECTION 4.02 Absolute and Unconditional Obligations 6 SECTION 4.03 No Waiver of Default 6 SECTION 4.04 Termination of Proceedings 6
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EVENTS OF DEFAULT AND REMEDIES OF THE AUTHORITY. SECTION 5.01. Events of Default 8 SECTION 5.02. Other Remedies of the Authority 9 SECTION 5.03. Non-Waiver 9 SECTION 5.04. Remedies Not Exclusive 9 SECTION 5.05. Application of Moneys Collected 9 ARTICLE VI DISCHARGE OF OBLIGATIONS SECTION 6.01. Discharge of Obligations 10 TABLE OF CONTENTS Page ARTICLE VII MISCELLANEOUS SECTION 7.01. Liability of City Limited to Net System Revenues 10
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EVENTS OF DEFAULT AND REMEDIES OF THE AUTHORITY. Section 8.1.
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Related to EVENTS OF DEFAULT AND REMEDIES OF THE AUTHORITY

  • Events of Default and Remedies Section 8.01

  • Events of Default Remedies If any of the following events (“Events of Default”) shall occur:

  • Default and Remedies Either of the following constitutes cause to declare this Contract, or any Participating Entity order under this Contract, in default:

  • Defaults and Remedies Section 6.01.

  • Events of Default and Termination 13.1 If:

  • Events of Default by Either Party It shall constitute an event of default (“Event of Default”) by either Party hereunder if:

  • EVENTS OF DEFAULTS AND CONSEQUENCES 9.1 Subject to the Force Majeure clause, the Promoter shall be considered under a condition of Default, in the following events:

  • Events of Default Any of the following shall constitute an Event of Default:

  • Remedies of the Bank Section 5.01. Pursuant to Section 6.02 (p) of the General Conditions, the following additional events are specified:

  • Warranties and Remedies The Supplier warrants that for a period of 12 months after acceptance of the Goods: a) the Goods are of good quality and free from defects in design and workmanship, b) the Goods are manufactured with only new and unused materials; c) the Goods correspond exactly with the requirements of the Agreement and the reasonable expectations of Sioux regarding the characteristics, quality and reliability of the Goods. In the event of a breach of warranty the Supplier shall, during the warranty period, repair or replace, at Sioux’ discretion, the defective Goods free of charge. Sioux shall notify the Supplier of a warranty issue as soon as possible, and at least within 14 calendar days of discovery of the defect, in writing. Goods repaired or replaced within the warranty period, assume the remainder of the original warranty period, or are warranted for a 6 months period, whichever period is longer. Defects caused by unauthorized modifications, use or improper installation of the Goods by, or on behalf of Sioux shall not be considered a breach of warranty. The Supplier warrants that it performs Services using the duty of care as set out in article 3 and according to the description (including any completion criteria) stated in the PO. The remedy for breach of the warranty for Services shall be re-performance by the Supplier, without charge, of the defective part of the Services. The Supplier warrants it shall comply with all privacy and data protection laws and regulations applicable to its Services or Goods.

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