Remedies; Waivers. (a) Upon the occurrence and during the continuance of an Event of Default, Ambac may exercise any one or more of the rights and remedies set forth below:
Appears in 4 contracts
Samples: Insurance and Indemnity Agreement (Special Value Opportunities Fund LLC), Insurance and Indemnity Agreement (Special Value Expansion Fund, LLC), Insurance and Indemnity Agreement (Special Value Expansion Fund, LLC)