No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority or the Trustee is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and 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 either of them in this Article 7, it shall not be necessary to give any notice, other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority hereunder shall also extend to the Owners of the Bonds, and the Owners of the Bonds shall be deemed third party beneficiaries of all covenants and agreements herein contained.
Appears in 9 contracts
Samples: Loan Agreement, Loan Agreement, Loan Agreement
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority Issuer or the Trustee is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and power may be exercised from time to time and as often as may be deemed expedient. In order to entitle the Authority Issuer or the Trustee to exercise any remedy reserved to either of them it in this Article 7Article, it shall not be necessary to give any notice, other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority Issuer hereunder shall also extend to the Trustee and the Owners of the Bonds, subject to the provisions of the Indenture, and the Trustee and Owners of the Bonds shall be deemed third party beneficiaries entitled to the benefit of all covenants and agreements herein contained.
Appears in 6 contracts
Samples: Financing Agreement (Southwest Gas Corp), Financing Agreement (Southwest Gas Corp), Financing Agreement (Southwest Gas Corp)
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority or the Trustee Issuer is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and 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 Issuer to exercise any remedy reserved to either of them it in this Article 7Article, it shall not be necessary to give any notice, notice other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority Issuer hereunder shall also extend to Trustee, and Trustee and the Owners holders of the 2002 Series A Bonds, and subject to the Owners provisions of the Bonds Indenture, shall be deemed third party beneficiaries entitled to the benefit of all covenants and agreements herein contained.
Appears in 4 contracts
Samples: Loan Agreement (PPL Energy Supply LLC), Loan Agreement (PPL Energy Supply LLC), Loan Agreement (PPL Energy Supply LLC)
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority or the Trustee Issuer is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and 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 Issuer to exercise any remedy reserved to either of them it in this Article 7Article, it shall not be necessary to give any notice, notice other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority Issuer hereunder shall also extend to Trustee, and Trustee and the Owners holders of the 2007 Series A Bonds, and subject to the Owners provisions of the Bonds Indenture, shall be deemed third party beneficiaries entitled to the benefit of all covenants and agreements herein contained.
Appears in 4 contracts
Samples: Loan Agreement (PPL Energy Supply LLC), Loan Agreement (PPL Energy Supply LLC), Loan Agreement (PPL Energy Supply LLC)
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority Issuer or the Trustee is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and power may be exercised from time to time and as often as may be deemed expedient. In order to entitle the Authority Issuer or the Trustee to exercise any remedy reserved to either of them it in this Article 7Article, it shall not be necessary to give any notice, other than such notice as may be herein expressly required. Such Subject to the provisions of the Indenture and hereof, such rights and remedies as are given the Authority Issuer hereunder shall also extend to the Trustee. The Owners of the Bonds, and subject to the Owners provisions of the Bonds Indenture, shall be deemed third party beneficiaries entitled to the benefit of all covenants and agreements herein contained.
Appears in 4 contracts
Samples: Financing Agreement (Nevada Power Co), Financing Agreement (Nevada Power Co), Financing Agreement (Sierra Pacific Power Co)
No Remedy Exclusive. No remedy herein in this Agreement conferred upon or reserved to the Authority or the Trustee is intended to be exclusive of any other available remedy or remedies, but each and every such remedy shall be cumulative and shall be in addition to every other remedy given under this Agreement or now or hereafter in this Agreement existing at law or in equity or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereofof any right or power, but any such right and 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 either of them it in this Article 7Article, it shall not be necessary to give any notice, other than such notice as may be herein in this Agreement expressly required. Such rights and remedies as are given the Authority hereunder under this Agreement shall also extend to the Owners of the BondsTrustee, and the Owners Trustee and the Bondholders, subject to the provisions of the Bonds Indenture, shall be deemed third party beneficiaries entitled to the benefit of all covenants and agreements herein containedin this Agreement.
Appears in 4 contracts
Samples: Loan Agreement, Loan Agreement (Commonwealth Edison Co), Loan Agreement (Commonwealth Edison Co)
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority or the Trustee Issuer is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and 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 Issuer to exercise any remedy reserved to either of them it in this Article 7Article, it shall not be necessary to give any notice, notice other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority Issuer hereunder shall also extend to Trustee, and Trustee and the Owners holders of the 2001 Series A Bonds, and subject to the Owners provisions of the Bonds Indenture, shall be deemed third party beneficiaries entitled to the benefit of all covenants and agreements herein contained.
Appears in 3 contracts
Samples: Loan Agreement (PPL Energy Supply LLC), Loan Agreement (PPL Energy Supply LLC), Loan Agreement (PPL Energy Supply LLC)
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority or the Trustee Issuer is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and 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 Issuer to exercise any remedy reserved to either of them it in this Article 7Article, it shall not be necessary to give any notice, notice other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority Issuer hereunder shall also extend to Trustee, and Trustee and the Owners holders of the 2005 Series A Bonds, and subject to the Owners provisions of the Bonds Indenture, shall be deemed third party beneficiaries entitled to the benefit of all covenants and agreements herein contained.
Appears in 3 contracts
Samples: Loan Agreement (PPL Energy Supply LLC), Loan Agreement (Louisville Gas & Electric Co /Ky/), Loan Agreement (Kentucky Utilities Co)
No Remedy Exclusive. No remedy herein in this Agreement conferred upon or reserved to the Authority or the Trustee is intended to be exclusive of any other available remedy or remedies, but each and every such remedy shall be cumulative and shall be in addition to every other remedy given under this Agreement or now or hereafter in this Agreement existing at law or in equity or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereofof any right or power, but any such right and 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 either of them it in this Article 7Article, it shall not be necessary to give any notice, other than such notice as may be herein in this Agreement expressly required. Such rights and remedies as are given the Authority hereunder under this Agreement shall also extend to the Owners Trustee, and the Trustee and the owners of the Bonds, and subject to the Owners provisions of the Bonds Indenture, shall be deemed third party beneficiaries entitled to the benefit of all covenants and agreements herein contained.in this Agreement.
Appears in 3 contracts
Samples: Loan Agreement, Loan Agreement, Loan Agreement
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority or the Trustee Issuer is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and 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 Issuer to exercise any remedy reserved to either of them it in this Article 7Article, it shall not be necessary to give any notice, notice other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority Issuer hereunder shall also extend to Trustee, and Trustee and the Owners holders of the 2000 Series A Bonds, and subject to the Owners provisions of the Bonds Indenture, shall be deemed third party beneficiaries entitled to the benefit of all covenants and agreements herein contained.
Appears in 3 contracts
Samples: Loan Agreement (PPL Energy Supply LLC), Loan Agreement (PPL Energy Supply LLC), Loan Agreement (PPL Energy Supply LLC)
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority or the Trustee Issuer is intended to be exclusive of any other available remedy or remedies, but each and every such remedy shall be cumulative and shall be in addition to every other remedy given under this Agreement Lease or now or hereafter existing at law or in equity or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and 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 Issuer to exercise any remedy reserved to either of them it in this Article 7Article, it shall not be necessary to give any notice, other than such notice as may be herein expressly required. Such rights and remedies as are given to the Authority Issuer hereunder shall also extend to the Owners of the Bonds, and the Owners holders of the Bonds who shall be deemed third party beneficiaries of all covenants and agreements herein contained.
Appears in 3 contracts
Samples: Lease Agreement (Adesa Inc), Lease Agreement (Adesa California, LLC), Lease Agreement (Allete Inc)
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority or the Trustee is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute, except that the remedy of acceleration shall be exercised only in the manner set forth in Section 6.2(a) hereof. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and power may be exercised from time to time and as often as may be deemed expedient. Such rights and remedies as are given the Trustee hereunder are also for the benefit of the Issuer and the owners of the Bonds, and the Issuer and the owners of the Bonds shall be deemed third party beneficiaries of all covenants and agreements herein contained. In order to entitle the Authority or the Trustee to exercise any remedy reserved to either of them it in this Article 7Article, it shall not be necessary to give any notice, other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority hereunder shall also extend to the Owners of the Bonds, and the Owners of the Bonds shall be deemed third party beneficiaries of all covenants and agreements herein contained.
Appears in 3 contracts
Samples: Loan Agreement (New Ships, Inc.), Loan Agreement (New Ships, Inc.), Loan Agreement (Renegy Holdings, Inc.)
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority or the Trustee Issuer is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and 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 Issuer to exercise any remedy reserved to either of them it in this Article 7Article, it shall not be necessary to give any notice, notice other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority Issuer hereunder shall also extend to Trustee, and Trustee and the Owners holders of the 2004 Series A Bonds, and subject to the Owners provisions of the Bonds Indenture, shall be deemed third party beneficiaries entitled to the benefit of all covenants and agreements herein contained.
Appears in 2 contracts
Samples: Loan Agreement (Kentucky Utilities Co), Loan Agreement (PPL Energy Supply LLC)
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority Issuer or the Trustee is intended to be exclusive of any other available remedy or remedies, but and each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and power may be exercised from time to time and as often as may be deemed expedient. In order to To entitle the Authority Issuer or the Trustee to exercise any remedy reserved to either of them it in this Article 7Article, it shall not be necessary to give any notice, other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority Issuer hereunder shall also extend to the Owners of the BondsTrustee, and the Trustee and the Registered Owners of the Bonds shall be deemed third party beneficiaries of all covenants and agreements herein contained.
Appears in 2 contracts
Samples: Loan Agreement (RBC Bearings INC), Loan Agreement (Roller Bearing Co of America Inc)
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority Issuer or the Trustee is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and power may be exercised from time to time and as often as may be deemed expedient. In order to entitle the Authority Issuer or the Trustee to exercise any remedy reserved to either of them it in this Article 7Article, it shall not be necessary to give any notice, other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority Issuer hereunder shall also extend to the Owners of the BondsTrustee, and the Owners of the Bonds Bonds, subject to the provisions of the Indenture, shall be deemed third party beneficiaries entitled to the benefit of all covenants and agreements herein contained.
Appears in 2 contracts
Samples: Financing Agreement (Nisource Inc/De), Financing Agreement (Northern Indiana Public Service Co)
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority or the Trustee Issuer is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and 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 Issuer to exercise any remedy reserved to either of them it in this Article 7Article, it shall not be necessary to give any notice, notice other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority Issuer hereunder shall also extend to Trustee, and Trustee and the Owners holders of the 2001 Series B Bonds, and subject to the Owners provisions of the Bonds Indenture, shall be deemed third party beneficiaries entitled to the benefit of all covenants and agreements herein contained.
Appears in 2 contracts
Samples: Loan Agreement (PPL Energy Supply LLC), Loan Agreement (PPL Energy Supply LLC)
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority or the Trustee is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and power may be exercised from time to time and as often as may be deemed expedient. In order to To entitle the Authority or the Trustee to exercise any remedy reserved to either of them it in this Article 7Article, it shall not be necessary to give any notice, other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority hereunder shall also extend to the Owners of the BondsTrustee, and the Owners Trustee and the Holders of the Bonds shall be deemed third party beneficiaries of all covenants and agreements herein contained.
Appears in 2 contracts
Samples: Loan Agreement (Advanced Aerodynamics & Structures Inc/), Loan Agreement (Peets Coffee & Tea Inc)
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority or the Trustee is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and 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 either of them it in this Article 7Article, it shall not be necessary to give any notice, other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority hereunder shall also extend to the Owners of the Bonds, The Trustee and the Owners Holders of the Bonds shall be deemed considered third party beneficiaries for the purposes of all covenants enforcing the rights of the Authority and agreements herein containedtheir own respective rights.
Appears in 2 contracts
Samples: Loan Agreement (SJW Group), Loan Agreement (SJW Corp)
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority or the Trustee is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and 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 either of them it in this Article 7Article, it shall not be necessary to give any notice, other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority hereunder shall also extend to the Owners of the BondsTrustee, and the Owners Trustee and the holders of the Bonds shall be deemed third party beneficiaries of all covenants and agreements herein contained.
Appears in 2 contracts
Samples: Loan Agreement (Southern California Water Co), Loan Agreement (San Diego Gas & Electric Co)
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority or the Trustee is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and 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 either of them it in this Article 7Article, it shall not be necessary to give any notice, other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority hereunder shall also extend to the Owners of the BondsTrustee, and the Owners Trustee and the Holders of the Bonds shall be deemed third party beneficiaries of all covenants and agreements herein contained.
Appears in 2 contracts
Samples: Loan Agreement (Waste Connections Inc/De), Loan Agreement (Kaiser Ventures Inc)
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority City or the Trustee is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and power may be exercised from time to time and as often as may be deemed expedient. In order to entitle the Authority City or the Trustee to exercise any remedy reserved to either of them it in this Article 7Article, it shall not be necessary to give any notice, other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority City hereunder shall also extend to the Owners of the BondsTrustee, and the Owners Trustee and the holders of the Bonds shall be deemed third party beneficiaries of all covenants and agreements herein contained.
Appears in 2 contracts
Samples: Loan Agreement (San Diego Gas & Electric Co), Loan Agreement (San Diego Gas & Electric Co)
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority or the Trustee is intended to be exclusive of any other available remedy or remedies, but each 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 or by statuteequity. No delay or omission to exercise any right or power accruing upon any default Default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and 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 either of them it in this Article 7Article, it shall not be necessary to give any notice, other than such notice as may be herein expressly requiredrequired in this Article. Such rights and remedies as are given the Authority hereunder shall also extend to the Owners Trustee, and the Trustee and the holders of the Bonds, and subject to the Owners provisions of the Bonds Indenture, shall be deemed third party beneficiaries entitled to the benefit of all covenants and agreements herein contained.
Appears in 2 contracts
Samples: Loan Agreement (Middlesex Water Co), Loan Agreement (Middlesex Water Co)
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority or the Trustee Issuer is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and 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 Issuer to exercise any remedy reserved to either of them it in this Article 7Article, it shall not be necessary to give any notice, notice other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority Issuer hereunder shall also extend to Trustee, and Trustee and the Owners holders of the 2002 Series B Bonds, and subject to the Owners provisions of the Bonds Indenture, shall be deemed third party beneficiaries entitled to the benefit of all covenants and agreements herein contained.
Appears in 1 contract
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority Issuer or the Trustee is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and power may be exercised from time to time and as often as may be deemed expedient. In order to entitle the Authority Issuer or the Trustee to exercise any remedy reserved to either of them it in this Article 7Article, it shall not be necessary to give any notice, other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority Issuer hereunder shall also extend to the Owners of the BondsTrustee, and the Owners Trustee and the holders of the Bonds shall be deemed third party beneficiaries of all covenants and agreements herein contained.
Appears in 1 contract
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority or the Trustee Issuer hereby is intended to be exclusive of any other available remedy or remedies, but each and every such remedy shall be cumulative and shall be in addition to every other remedy given under this Agreement hereunder or now or hereafter existing at law or in equity or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and 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 Issuer to exercise any remedy reserved to either of them it in this Article 7VIII, it shall not be necessary to give any notice, other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority Issuer hereunder shall also extend to the Owners Trustee, then the Trustee and the Bondholders, subject to the provisions of the BondsIndenture, and the Owners of the Bonds shall be deemed third party beneficiaries entitled to the benefit of all covenants and agreements herein contained.
Appears in 1 contract
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority or the Trustee Issuer is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and 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 Issuer to exercise any remedy reserved to either of them it in this Article 7Article, it shall not be necessary to give any notice, notice other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority Issuer hereunder shall also extend to Trustee, and Trustee and the Owners holders of the 2006 Series B Bonds, and subject to the Owners provisions of the Bonds Indenture, shall be deemed third party beneficiaries entitled to the benefit of all covenants and agreements herein contained.
Appears in 1 contract
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority or the Trustee Issuer is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and 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 Issuer to exercise any remedy reserved to either of them it in this Article 7Article, it shall not be necessary to give any notice, notice other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority Issuer hereunder shall also extend to Trustee, and Trustee and the Owners holders of the 2003 Series A Bonds, and subject to the Owners provisions of the Bonds Indenture, shall be deemed third party beneficiaries entitled to the benefit of all covenants and agreements herein contained.
Appears in 1 contract
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority Issuer or the Trustee is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and power may be exercised from time to time and as often as may be deemed expedient. In order to entitle the Authority Issuer or the Trustee to exercise any remedy reserved to either of them it in this Article 7Article, it shall not be necessary to give any notice, other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority Issuer hereunder shall also extend to the Owners of the BondsTrustee, and the Owners Trustee and the holders of the Series 1990A Bonds shall be deemed third party beneficiaries of all covenants and agreements herein contained.
Appears in 1 contract
No Remedy Exclusive. No remedy herein in this Agreement conferred upon or reserved to the Authority or the Trustee is intended to be exclusive of any other available remedy or remedies, but each and every such remedy shall be cumulative and shall be in addition to every other remedy given under this Agreement or now or hereafter in this Agreement existing at law or in equity or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereofof any right or power, but any such right and 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 either of them it in this Article 7Article, it shall not be necessary to give any notice, other than such notice as may be herein in this Agreement expressly required. Such rights and remedies as are given the Authority hereunder under this Agreement shall also extend to the Owners Trustee, and the Trustee and the owners of the Bonds, and subject to the Owners provisions of the Bonds Indenture, shall be deemed third party beneficiaries entitled to the benefit of all covenants and agreements herein containedin this Agreement.
Appears in 1 contract
Samples: Loan Agreement
No Remedy Exclusive. No remedy conferred herein conferred upon or reserved to in the Authority or the Trustee Resolution is intended to be exclusive of any other available remedy or remedies, but each and every such remedy shall be cumulative and shall be in addition to every other remedy given under this Agreement Contract or the Resolution or now or hereafter existing at law or in equity or by statuteequity. No delay or omission to exercise any right or power accruing upon any default Default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and 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 either of them in this Article 7Article, it shall not be necessary to give any notice, other than such notice or notices as may be herein expressly required. Such rights and remedies as are given to the Authority Agency hereunder shall also extend to the Owners owner of the BondsNote and the bondholders, and the Owners owner of the Bonds Note and the bondholders shall be deemed third party beneficiaries of all covenants and agreements herein contained.
Appears in 1 contract
Samples: www.avondaleestates.org
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority Lessor or to the Trustee is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and power may be exercised from time to time and as often as may be deemed expedient. In order to entitle the Authority Lessor or the Trustee to exercise any remedy reserved to either of them it in this Article 7Article, it shall not be necessary to give any notice, other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority Lessor hereunder shall also extend to the Owners of the Bonds, Trustee and the Owners Trustee and the holders of the Bonds issued under the Indenture shall be deemed third party beneficiaries of all covenants and agreements herein contained.
Appears in 1 contract
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority or the Trustee Issuer is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and 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 Issuer to exercise any remedy reserved to either of them it in this Article 7Article, it shall not be necessary to give any notice, notice other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority Issuer hereunder shall also extend to Trustee, and Trustee and the Owners holders of the 2006 Series C Bonds, and subject to the Owners provisions of the Bonds Indenture, shall be deemed third party beneficiaries entitled to the benefit of all covenants and agreements herein contained.
Appears in 1 contract
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority or the Trustee Issuer is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and 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 Issuer to exercise any remedy reserved to either of them it in this Article 7Article, it shall not be necessary to give any notice, notice other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority Issuer hereunder shall also extend to the Owners of the BondsTrustee, and the Owners Trustee and the holders of the Bonds 2008 Series A Bonds, subject to the provisions of the Indenture, shall be deemed third party beneficiaries entitled to the benefit of all covenants and agreements herein contained.
Appears in 1 contract
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority or the Trustee Issuer is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and 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 Issuer to exercise any remedy reserved to either of them it in this Article 7Article, it shall not be necessary to give any notice, notice other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority Issuer hereunder shall also extend to Trustee, and Trustee and the Owners holders of the 2007 Series B Bonds, and subject to the Owners provisions of the Bonds Indenture, shall be deemed third party beneficiaries entitled to the benefit of all covenants and agreements herein contained.
Appears in 1 contract
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority or the Trustee Issuer is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and 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 Issuer to exercise any remedy reserved to either of them it in this Article 7Article, it shall not be necessary to give any notice, other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority Issuer hereunder shall also extend to the Owners Trustee, and the Trustee and the owners of the Bonds, and subject to the Owners provisions of the Bonds Indenture, shall be deemed third party beneficiaries entitled to the benefit of all covenants and agreements herein contained.
Appears in 1 contract
Samples: Loan Agreement (Intrepid Technology & Resources, Inc.)
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority Issuer or the Trustee Bondholder is intended to be exclusive of any other available remedy or remedies, but each and every such remedy shall be cumulative and shall be in addition to every other remedy given under this Agreement Lease or now or hereafter existing at law or in equity or by statute. The Issuer will not exercise any remedies without the express written consent of the Bondholder. No delay or omission to exercise any right or power accruing upon the occurrence of any default Event of Default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and power may be exercised from time to time and as often as may be deemed expedient. In order to entitle the Authority Issuer or the Trustee Bondholder to exercise any remedy reserved to either of them it in this Article 7Article, it shall not be necessary to give any notice, other than such notice or notices as may be herein expressly required. Such rights and remedies as are given to the Authority Issuer hereunder shall also extend to the Owners of the BondsBondholder, and the Owners of the Bonds Bondholder shall be deemed a third party beneficiaries beneficiary of all covenants and agreements herein contained.
Appears in 1 contract
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority Issuer or the Trustee Bondholder is intended to be exclusive of any other available remedy or remedies, but each 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 or by statuteequity. No delay or omission to exercise any right or power accruing upon any default Default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and or power may be exercised from time to time and as often as may be deemed expedient. In order to entitle the Authority Issuer or the Trustee Bondholder to exercise any remedy reserved to either of them it in this Article 7Article, it shall not be necessary to give any notice, other than such notice as may be herein expressly requiredrequired in this Article. Such rights and remedies as are given the Authority Issuer hereunder shall also extend to the Owners of the BondsBondholder, and the Owners Bondholder, subject to the provisions of the Bonds Financing Agreement, shall be deemed third party beneficiaries entitled to the benefit of all covenants and agreements herein contained.
Appears in 1 contract
Samples: Financing Agreement (Adtran Inc)
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority Issuer or the Trustee is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and power may be exercised from time to time and as often as may be deemed expedient. In order to entitle the Authority Issuer or the Trustee to exercise any remedy reserved to either of them it in this Article 7Article, it shall not be necessary to give any notice, other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority Issuer hereunder shall also extend to the Owners of the BondsTrustee, and the Owners Trustee and the holders of the Series 1990B Bonds shall be deemed third party beneficiaries of all covenants and agreements herein contained.
Appears in 1 contract
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority or the Trustee is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and power may be exercised from time to time and as often as may be deemed expedient. In order to To entitle the Authority or the Trustee to exercise any remedy reserved to either of them it in this Article 7Article, it shall not be necessary to give any notice, other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority hereunder shall also extend to the Owners of the BondsTrustee, and the Trustee and the Registered Owners of the Bonds shall be deemed third party beneficiaries of all covenants and agreements herein contained.
Appears in 1 contract
Samples: Loan Agreement (Provena Foods Inc)
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority or the Trustee is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and 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 either of them it in this Article 7Article, it shall not be necessary to give any notice, other than such notice as may be required herein expressly requiredor by applicable law. Such rights and remedies as are given the Authority hereunder shall also extend to the Trustee, the Beneficial Owners and the Registered Owners of the Bonds, and subject to the Owners of the Bonds shall be deemed third party beneficiaries of all covenants and agreements herein containedIndenture.
Appears in 1 contract
Samples: Loan Agreement
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority or the Trustee Issuer is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute, except that the remedy of acceleration shall be exercised only in the manner set forth in Section 6.2 hereof. No delay or omission to exercise any right or power accruing upon any default or event of default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and power may be exercised from time to time and as often as may be deemed expedient. Such rights and remedies as are given the Issuer hereunder shall also extend to the Trustee, and the Trustee and the owners of the Bonds shall be deemed third party beneficiaries of all covenants and agreements herein contained. In order to entitle the Authority Issuer, with the consent of the Trustee, or the Trustee to exercise any remedy reserved to either of them it in this Article 7Article, it shall not be necessary to give any notice, other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority hereunder shall also extend to the Owners of the Bonds, and the Owners of the Bonds shall be deemed third party beneficiaries of all covenants and agreements herein contained.
Appears in 1 contract
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority or the Trustee is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and 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 either of them it in this Article 7Article, it shall not be necessary to give any notice, other than such notice as may be expressly required herein expressly requiredor by applicable law. Such rights and remedies as are given the Authority hereunder shall also extend to the Owners Trustee as the assignee of the Bonds, and the Owners of the Bonds shall be deemed third party beneficiaries of all covenants and agreements herein containedAuthority.
Appears in 1 contract
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority or the Trustee Issuer is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and 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 Issuer to exercise any remedy reserved to either of them it in this Article 7Article, it shall not be necessary to give any notice, notice other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority Issuer hereunder shall also extend to Trustee, and Trustee and the Owners holders of the 2002 Series C Bonds, and subject to the Owners provisions of the Bonds Indenture, shall be deemed third party beneficiaries entitled to the benefit of all covenants and agreements herein contained.
Appears in 1 contract
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority or the Trustee Bondholders is intended to be exclusive of any other available remedy or remedies, but each and every such remedy shall be cumulative and shall be in addition to every other remedy given under this Agreement Contract or now or hereafter existing at law or in equity or by statute. No delay or omission to exercise any right or power accruing upon the occurrence of any event of default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and 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 Bondholders to exercise any remedy reserved to either of them it in this Article 7Article, it shall not be necessary to give any notice, other than such notice or notices as may be herein expressly required. Such rights and remedies as are given to the Authority hereunder shall also extend to the Owners of the BondsBondholders, and the Owners of the Bonds Bondholders shall be deemed third party beneficiaries of all covenants and agreements herein contained.
Appears in 1 contract
No Remedy Exclusive. No remedy herein in this Agreement conferred upon or reserved to the Authority or the Trustee is intended to be exclusive of any other available remedy or remedies, but each and every such remedy shall be cumulative and shall be in addition to every other remedy given under this Agreement or now or hereafter in this Agreement existing at law or in equity or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereofof any right or power, but any such right and 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 either of them it in this Article 7Article, it shall not be necessary to give any notice, other than such notice as may be herein in this Agreement expressly required. Such rights and remedies as are given the Authority hereunder under this Agreement shall also extend to the Owners Trustee, and the Trustee and the owners of the Bonds, and subject to the Owners provisions of the Bonds Indenture, shall be deemed third party beneficiaries entitled to the benefit of all covenants and agreements herein containedin this Agreement.
Appears in 1 contract
Samples: Loan Agreement
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority Issuer or the Trustee is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and power may be exercised from time to time and as often as may be deemed expedient. In order to To entitle the Authority Issuer or the Trustee to exercise any remedy reserved to either of them it in this Article 7Article, it shall not be necessary to give any notice, other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority Issuer hereunder shall also extend to the Owners of the BondsTrustee, and the Trustee and the Registered Owners of the Bonds shall be deemed third party beneficiaries of all covenants and agreements herein contained.
Appears in 1 contract
Samples: Loan Agreement
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority or the Trustee Issuer is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and 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 Issuer to exercise any remedy reserved to either of them it in this Article 7VIII, it shall not be necessary to give any notice, other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority Issuer hereunder shall also extend to the Owners of the BondsBondholders, and the Owners of the Bonds Bondholders shall be deemed third party beneficiaries of all covenants and agreements herein contained.
Appears in 1 contract
Samples: Agreement of Sale
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority or the Trustee Issuer is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and 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 Issuer to exercise any remedy reserved to either of them it in this Article 7Article, it shall not be necessary to give any notice, notice other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority Issuer hereunder shall also extend to Trustee, and Trustee and the Owners holders of the 2005 Series B Bonds, and subject to the Owners provisions of the Bonds Indenture, shall be deemed third party beneficiaries entitled to the benefit of all covenants and agreements herein contained.
Appears in 1 contract
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority or the Trustee Issuer is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and 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 Issuer to exercise any remedy reserved to either of them it in this Article 7VIII, it shall not be necessary to give any notice, other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority Issuer hereunder shall also extend to the Owners of the BondsBondholder, and the Owners of the Bonds Bondholder shall be deemed a third party beneficiaries beneficiary of all covenants and agreements herein contained.
Appears in 1 contract
Samples: Agreement of Sale
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority Issuer or the Trustee is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and power may be exercised from time to time and as often as may be deemed expedient. In order to entitle the Authority Issuer or the Trustee to exercise any remedy reserved to either of them it in this Article 7Article, it shall not be necessary to give any notice, other than such notice as may be herein expressly required. Such Subject to the provisions of the Indenture and hereof, such rights and remedies as are given the Authority Issuer hereunder shall also extend to the Trustee. The Owners of the Bonds, and subject to the Owners provisions of the Bonds Indenture, shall be deemed third party beneficiaries entitled to the benefit of all covenants and agreements herein contained.. 4840-3734-7631.3
Appears in 1 contract
No Remedy Exclusive. No remedy herein conferred upon or reserved to the Authority Issuer or the Trustee is intended to be exclusive of any other available remedy or remedies, but each 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 or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and power may be exercised from time to time and as often as may be deemed expedient. In order to entitle the Authority Issuer or the Trustee to exercise any remedy reserved to either of them it in this Article 7Article, it shall not be necessary to give any notice, other than such notice as may be herein expressly required. Such rights and remedies as are given the Authority Issuer hereunder shall also extend to the Trustee and the Owners of the Bonds, subject to the provisions of the Indenture, and the Trustee and Owners of the Bonds shall be deemed third party beneficiaries entitled to the benefit of all covenants and agreements herein contained.. SECTION 6.4
Appears in 1 contract