Common use of Remedies Fair and Reasonable Clause in Contracts

Remedies Fair and Reasonable. The Proponent acknowledges that in view of the policy objectives served by the Ministers agreement to make the contribution, the fact that the contribution comes from public monies, and that the amount of damages sustained by the Crown in the event of default is difficult to ascertain, that it is fair and reasonable that the Minister be entitled to exercise any or all of the remedies provided for in this section 8 and to do so in the manner provided for in that section if an event of default occurs; provided that in exorcising any remedy in accordance with paragraph 8.2(e) other than for a breach of paragraph 8.1(e), the Minister will credit the Proponent for any amounts paid to the Minister under Schedule 4 of this Agreement.

Remedies Fair and Reasonable. The Proponent acknowledges that in view of the policy objectives served by the Ministers Minister's agreement to make the contribution, the fact that the contribution comes from public monies, and that the amount of damages sustained by the Crown in the event of default is difficult to ascertain, that it is fair and reasonable that the Minister be entitled to exercise any or all of the remedies provided for in this section 8 and to do so in the manner provided for in that section if an event of default occurs; provided that in exorcising exercising any remedy in accordance with paragraph 8.2(e8.2(c) other than for a breach of paragraph 8.1(e), the Minister will credit the Proponent for any amounts paid to the Minister under Schedule schedule 4 of this Agreement.

Remedies Fair and Reasonable. The Proponent acknowledges that in view of the policy objectives served by the Ministers Minister’s agreement to make the contribution, the fact that the contribution comes from public monies, and that the amount of damages sustained by the Crown in the event Event of default Default is difficult to ascertain, that it is fair and reasonable that the Minister be entitled to exercise any or all of the remedies provided for in this section 8 and to do so in the manner provided for in that section if an event Event of default Default occurs; provided that in exorcising exercising any remedy in accordance with paragraph 8.2(e8.2 (c) other than for a breach of paragraph 8.1(e8.1(d), the Minister will credit the Proponent for any amounts paid to the Minister under Schedule 4 of this Agreement, after deducting all costs incurred by the Minister caused by the Event of Default.

Remedies Fair and Reasonable. The Proponent acknowledges that in view of the policy objectives served by the Ministers Minister`s agreement to make the contribution, the fact that the contribution comes from public monies, and that the amount of damages sustained by the Crown in the event of default is difficult to ascertain, that it is fair and reasonable that the Minister be entitled to exercise any or all of the remedies provided for in this section 8 and to do so in the manner provided for in that section if an event of default occurs; provided that in exorcising exercising any remedy in accordance with paragraph 8.2(e8.2 (c) other than for a breach of paragraph 8.1(e), the Minister will credit the Proponent for any amounts paid to the Minister under Schedule 4 of this Agreement.