Remedies on Event of Default. Upon the occurrence of any Event of Default, the County may: (i) terminate this Agreement by provision of thirty (30) days’ notice to the Company in writing specifying the termination date; (ii) upon providing, at the Company’s request, but subject in all events to the necessary exercise by the County of its sovereign duties and powers, a signed nondisclosure statement substantially in the form attached as Exhibit A hereto, have access to and inspect, examine and make copies of, the books, records and accounts of the Company pertaining to the Project; or (iii) take whatever action at law or in equity as may appear necessary or desirable to collect any FILOT Payments and Additional Payments then due or to enforce observance or performance of any covenant condition or agreement of the Company under this Agreement, including without limitation enforcement of a statutory lien on the Project for any non-payment of FILOT Payments hereunder.
Remedies on Event of Default a. Upon any Event of Default, the non-defaulting party may, at its option and in addition to all other rights, remedies, and recourses afforded under the Agreement or by law or equity, terminate this Agreement by the giving of written notice to the other, in which event the defaulting party shall pay to the non-defaulting party upon demand the sum of:
Remedies on Event of Default. Upon the occurrence of any Event of Default, the County may exercise any of the following remedies only as to the Defaulting Entity:
Remedies on Event of Default. If any Event of Default will occur, Payee shall, in addition to any and all other available rights and remedies, have the right, at Payee's option, to declare the entire unpaid outstanding principal balance of this Note, together with all interest accrued thereon at the rate of 18% per annum to the date of said Event of Default, and all other sums due by Maker hereunder, to be immediately due and payable, and either: (a) convert the Convertible Amount into that number of Shares equal to the Convertible Amount divided by the Default Conversion Price (as defined in Section 13 below); or (b) pursue any and all available remedies for the collection of such principal and interest to enforce its rights as described herein; and in such case Payee may also recover all costs of suit and other expenses in connection therewith, including reasonable attorneys' fees for collection and the right to equitable relief to enforce Payee's rights as set forth herein. The remedies provided in this Note may be exercised by Payee without notice to Maker (to the extent permitted by law and except as notice is herein expressly required) and will be in addition to and not in substitution for the rights and remedies which would otherwise be vested in Payee for the recovery of damages or otherwise in the event of a breach of any of the undertakings of Maker hereunder. No failure by Payee to exercise and no delay in exercising any right, power or privilege under this Note will operate as a waiver thereof, nor will any single or partial exercise of any right, power or privilege hereunder preclude any other, further or additional exercise thereof.
Remedies on Event of Default. Upon the occurrence of any Event of Default, the County may: (i) terminate this Agreement by thirty (30) days’ notice to the Company in writing specifying the termination date; (ii) upon providing a signed nondisclosure statement substantially in the form attached as Exhibit A hereto, have access to and inspect, examine and make copies of, the books, records and accounts of the Company pertaining to the Project; or (iii) take whatever action at law or in equity as may appear necessary or desirable to collect any FILOT Payments and Additional Payments then due or to enforce observance or performance of any covenant or agreement of the Company under this Agreement, including without limitation enforcement of a statutory lien on the Project for any non-payment of FILOT Payments hereunder.
Remedies on Event of Default. Upon the occurrence of an Event of Default as specified in Paragraph 6 hereof, Company may then elect to sell all or any part of the Collateral or may elect to exercise any other rights or pursue any other lawful remedies pursuant to applicable provisions of the California Commercial Code. The Company may buy all or any part of the Collateral at any such sale. The proceeds of any such sale shall be applied, in order, to the following:
Remedies on Event of Default. Whenever any Event of Default hereunder shall have occurred and be continuing, the Trustee shall have the right to, in conjunction with its available remedies under the Indenture, take one or any combination of the following remedial steps, by notice to the Borrower and the Collateral Agent:
Remedies on Event of Default. Whenever any Event of Default shall have occurred and be continuing, the Lessor shall have the right, at its sole option, to take one or any combination of the following remedial steps:
Remedies on Event of Default. (a) During the continuance of an Event of Default, Creditor shall have all rights available to it under this Note, the Security Agreement, the Uniform Commercial Code and other applicable law.
Remedies on Event of Default. (a) Except as set forth in §5.09(c), upon the occurrence of an Event of Default as described in §5.01 above, the Trustee shall, upon the instruction of the Majority Noteholder, exercise any one or more of the following remedies: