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 Bond 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 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 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 Article VIII, neither the Bond Trustee nor the Authority shall be required to give any notice, other than such notice as may be expressly required in this Article VIII.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

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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 Loan 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 Bond Trustee to exercise any remedy reserved to it or them in this Article VIIIArticle, neither the Bond Trustee nor the Authority it shall not be required necessary to give any notice, other than such notice as may be expressly required in this Article VIII.V.

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 Bond Trustee Trust 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 Loan 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 Bond Trustee to exercise any remedy reserved to it or them in this Article VIIIV, neither the Bond Trustee nor the Authority it shall not be required necessary to give any notice, notice other than such notice as may be expressly required in this Article VIII.V.

Appears in 1 contract

Samples: Loan Agreement

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