Common use of No Remedy Exclusive; Waiver; Notice Clause in Contracts

No Remedy Exclusive; Waiver; Notice. No remedy herein conferred upon or reserved to the Authority or the Trustee is intended to be exclusive and every such remedy shall be cumulative and shall be in addition to every other remedy given under this Loan Agreement or now or hereafter existing at law or in equity. No delay or omission to exercise any right, remedy or power accruing upon any Event of Default shall impair any such right, remedy or power or shall be construed to be a waiver thereof, but any such right, remedy or power may be exercised from time to time and as often as may be deemed expedient. In order to entitle the Authority or the Trustee to exercise any remedy reserved to it in this Article, it shall not be necessary to give any notice, other than such notice as may be required in this Article V.

Appears in 2 contracts

Samples: Loan Agreement, Water Pollution Control Revolving Fund

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No Remedy Exclusive; Waiver; Notice. No remedy herein conferred upon or reserved to the Authority or the Bond Trustee is intended to be exclusive exclusive, and every such remedy shall be cumulative and shall be in addition to every other remedy given under this Loan Agreement or now or hereafter existing at law or in equity. No delay or omission to exercise any right, remedy or power accruing upon any Event of Loan Default shall impair any such right, remedy or power or shall be construed to be a waiver thereof, but any such right, remedy or power may be exercised from time to time and as often as may be deemed expedient. In order to entitle the Authority or the Bond Trustee to exercise any remedy reserved to it or them in this ArticleArticle VIII, it neither the Bond Trustee nor the Authority shall not be necessary required to give any notice, other than such notice as may be expressly required in this Article V.VIII.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

No Remedy Exclusive; Waiver; Notice. No remedy herein conferred upon or reserved to the Authority Commission, the Bank, the Administrator or the Trustee is intended to be exclusive and every such remedy shall be cumulative and shall be in addition to every other remedy given under this Loan Agreement or now or hereafter existing at law or in equity. No delay or omission to exercise any right, remedy or power accruing upon any Event of Default shall impair any such right, remedy or power or shall be construed to be a waiver thereof, but any such right, remedy or power may be exercised from time to time and as often as may be deemed expedient. In order to entitle the Authority Commission, the Bank, the Administrator or the Trustee to exercise any remedy reserved to it in this ArticleArticle VIII, it shall not be necessary to give any notice, notice other than such notice as may be required in this Article V.VIII.

Appears in 1 contract

Samples: Loan Agreement

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No Remedy Exclusive; Waiver; Notice. No remedy herein conferred upon or reserved to the Authority or the Trustee Trust is intended to be exclusive exclusive, and every such remedy shall be cumulative and shall be in addition to every other remedy given under this Loan Agreement or now or hereafter existing at law or in equity. No delay or omission to exercise any right, remedy or power accruing upon any Event of Default shall impair any such right, remedy or power or shall be construed to be a waiver thereof, but any such right, remedy or power may be exercised from time to time and as often as may be deemed expedient. In order to entitle the Authority Trust or the Trustee to exercise any remedy reserved to it in this ArticleArticle V, it shall not be necessary to give any notice, notice other than such notice as may be required in this Article V.

Appears in 1 contract

Samples: Loan Agreement

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