Common use of Remedies of Owner Clause in Contracts

Remedies of Owner. Upon the occurrence of an event of default by Manager as specified in Section 7.01 hereof, Owner shall be entitled to terminate this Agreement, and upon any such termination, Owner shall have the right to pursue any remedy it may have at law or in equity, it being expressly understood that although Owner shall have no further obligation to pay any Fee due hereunder, Manager shall remain liable for any losses suffered as a result of Manager's default and the resulting termination of this Agreement. Upon such termination, Manager shall deliver to Owner any funds, books and records of Owner then in the possession or control of Manager.

Remedies of Owner. Upon the occurrence occurrences of an event of default ----------------- by Manager as specified in Section 7.01 7.1 hereof, Owner shall be entitled to terminate this Agreement, Agreement and upon any such termination, Owner shall have the right to pursue any other remedy it may have at law or in equity, it being expressly understood that although following such a termination, Owner shall have no further obligation to pay any Fee due hereunder, however, notwithstanding such termination, Manager shall remain liable for not be relieved of any losses suffered liability arising as a result of Manager's default and the resulting termination of this Agreement. Upon such termination, Manager shall deliver to Owner any such funds, books and records of Owner then in the possession or control of Manager.

Remedies of Owner. Upon the occurrence occurrences of an event of default by Manager as specified in Section 7.01 7.1 hereof, Owner shall be entitled to terminate this Agreement, Agreement and upon any such termination, Owner shall have the right to pursue any other remedy it may have at law or in equity, it being expressly understood that although following such a termination, Owner shall have no further obligation to pay any Fee due hereunder, however, notwithstanding such termination, Manager shall remain liable for not be relieved of any losses suffered liability arising as a result of Manager's default and the resulting termination of this Agreement. Upon such termination, Manager shall deliver to Owner any such funds, books and records of Owner then in the possession or control of Manager.

Remedies of Owner. Upon the occurrence occurrences of an event of default by Manager as specified in Section 7.01 7.1 hereof, Owner shall be entitled to terminate this Agreement, Agreement and upon any such termination, Owner shall have the right to pursue any other remedy it may have at law or in equity, it being expressly understood that although following such a termination, Owner shall have no further obligation to pay any Fee due hereunder, however, notwithstanding such termination, Manager shall remain liable for not be relieved of any losses suffered liability arising as a result of Manager's default and the resulting termination of this Agreement. Upon such termination, Manager shall deliver to Owner any such funds, books and records of Owner then in the possession or control of ManagerManger.