Common use of Remedies on Event of Default by Company Clause in Contracts

Remedies on Event of Default by Company. Upon the occurrence of any Event of Default, the County may exercise any of the following remedies, any of which may be exercised at any time during the periods permitted under the following clauses: (a) terminate this Agreement by delivery of written notice to the Company not less than thirty (30) days prior to the termination date specified therein; (b) have access to and inspect, examine, and make copies of the books, records, and accounts of the Company pertaining to the construction, acquisition, or maintenance of the Project; or (c) take whatever action at law or in equity as may appear necessary or desirable to collect the amounts then due and thereafter to become due or to enforce observance or performance of any covenant, condition, or agreement of the Company under this Agreement.

Appears in 4 contracts

Samples: Fee in Lieu of Tax Agreement, Fee in Lieu of Tax Agreement, Fee in Lieu of Tax Agreement

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Remedies on Event of Default by Company. Upon the occurrence of any Event of Default, the County may exercise any of the following remedies, any of which may be exercised at any time during the periods permitted under the following clauses: (a) terminate this Agreement by delivery of written notice to the Company not less than thirty (30) 30 days prior to the termination date specified therein; (b) have access to and inspect, examine, and make copies of the books, records, and accounts of the Company pertaining to the construction, acquisition, or maintenance of the Project; or (c) take whatever action at law or in equity as may appear necessary or desirable to collect the amounts then due and thereafter to become due or to enforce observance or performance of any covenant, condition, or agreement of the Company under this Agreement.

Appears in 3 contracts

Samples: Fee in Lieu of Tax Agreement, Fee in Lieu of Tax Agreement, Fee in Lieu of Tax Agreement

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