Receiver and Mortgage Remedies. If an Event of Default (other than a Limited Recourse Event of Default) shall have occurred and be continuing, the Lessor (acting, in accordance with Section 9.02(a) of the Investment Agreement, of its own accord or at the direction of the Majority Funding Parties (subject to the provisions of Section 9.02(d) of the Investment Agreement)), may exercise any one or more of the remedies set forth below (all or any of which may be undertaken by the Administrative Agent at the request or direction of the Lessor or the Lease Participants and in the name of or on behalf of the Lessor and the Lease Participants, as applicable):
Appears in 4 contracts
Samples: Lease Agreement (Protective Life Corp), Lease Agreement (Protective Life Corp), Lease Agreement (Protective Life Insurance Co)
