Lender to Exercise Rights Sample Clauses

Lender to Exercise Rights. Such rights and remedies as are given to the Corporation under this Article VIII have been assigned by the Corporation to the Lender under the Assignment Agreement for the benefit of the Lender, to which assignment the City hereby consents. Such rights and remedies shall be exercised by the Lender pursuant to the Assignment Agreement. The City shall not be entitled to terminate this Lease by reason of the Corporation’s breach of any of its obligations under this Lease.
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Related to Lender to Exercise Rights

  • Failure to Exercise Rights No delay in exercising, or omission to exercise, any right, power or remedy accruing to either party under the Trust Fund Grant Agreement upon any default shall impair any such right, power or remedy or be construed to be a waiver thereof or an acquiescence in such default. No action of such party in respect of any default, or any acquiescence by it in any default, shall affect or impair any right, power or remedy of such party in respect of any other or subsequent default.

  • Right of Exercise Subject to the provisions hereof, each Registered Warrantholder may exercise the right conferred on such holder to subscribe for and purchase one (1) Common Share for each Warrant after the Issue Date and prior to the Expiry Time and in accordance with the conditions herein.

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