Common use of Remedies on District’s Default Clause in Contracts

Remedies on District’s Default. If there has been an Event of Default on the District’s part, the Contractor may exercise any and all remedies available pursuant to law or granted pursuant to this Master Facilities Lease; provided, however, there shall be no right under any circumstances to accelerate any of the payments required pursuant to the Guaranteed Project Cost Provisions indicated in Exhibit C or otherwise declare those payments not then past due to be immediately due and payable.

Appears in 5 contracts

Samples: Master Site Lease, Master Site Lease, Master Site Lease

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Remedies on District’s Default. If there has been an Event of Default on the District’s part, the Contractor may exercise any and all remedies available pursuant to law or granted pursuant to this Master Facilities Lease; provided, however, there shall be no right under any circumstances to accelerate any of the payments required pursuant to the Guaranteed Project Cost Provisions indicated in Exhibit C or otherwise declare those payments not then past due to be immediately due and payable.

Appears in 4 contracts

Samples: Site Lease, Site Lease, Site Lease

Remedies on District’s Default. If there has been an Event of Default on the District’s part, the Contractor may exercise any and all remedies available pursuant to law or granted pursuant to this Master Facilities Lease; provided, however, there shall be no right under any circumstances to accelerate any of the payments required pursuant to the Guaranteed Project Cost Maximum Price Provisions indicated in Exhibit C or otherwise declare those payments not then past due to be immediately due and payable.

Appears in 3 contracts

Samples: Master Site Lease, Master Site Lease, Master Site Lease

Remedies on District’s Default. If there has been an Event of Default on the District’s part, the Contractor Developer may exercise any and all remedies available pursuant to law or granted pursuant to this Master Facilities Lease; provided, however, there shall be no right under any circumstances to accelerate any of the payments required pursuant to the Guaranteed Project Cost Provisions indicated in Exhibit C or otherwise declare those payments not then past due to be immediately due and payable.

Appears in 3 contracts

Samples: Master Facilities Lease, Master Facilities Lease, Master Facilities Lease

Remedies on District’s Default. If there has been an Event of Default on the District’s part, the Contractor Developer may exercise any and all remedies available pursuant to law or granted pursuant to this Master Facilities Lease; provided, however, there shall be no right under any circumstances to accelerate any of the payments required pursuant to the Guaranteed Project Cost Provisions indicated in Exhibit C or otherwise declare those payments not then past due to be immediately due and payable.

Appears in 2 contracts

Samples: Facilities Lease, Facilities Lease

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Remedies on District’s Default. If there has been an Event of Default on the District’s part, the Contractor Developer may exercise any and all remedies available pursuant to law or granted pursuant to this Master Facilities Lease; provided, however, there shall be no right under any circumstances to accelerate any of the payments required pursuant to the Guaranteed Project Cost Maximum Price Provisions indicated in Exhibit C or otherwise declare those payments not then past due to be immediately due and payable.

Appears in 1 contract

Samples: Facilities Lease

Remedies on District’s Default. If there has been an Event of Default on the District’s part, the Contractor may exercise any and all remedies available pursuant to law or granted pursuant to this Master Facilities Lease; provided, however, there shall be no right under any circumstances to accelerate any of the payments required pursuant to the Guaranteed Project Cost Provisions indicated in Exhibit C C2 or otherwise declare those payments not then past due to be immediately due and payable.

Appears in 1 contract

Samples: Site Lease

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