Common use of Rescission of Notice of Default Clause in Contracts

Rescission of Notice of Default. Beneficiary may from time to time withdraw any notice of election and demand for sale in accordance with Section 38-38-101(11) of the Colorado Revised Statutes. The exercise by Beneficiary of such right shall not constitute a waiver of any breach or default then existing or subsequently occurring, or impair the right of Beneficiary to execute and deliver to Trustee, as above provided, other declarations or notices of default to satisfy the Obligations under this Deed of Trust or the other Obligations, nor otherwise affect any provision, covenant or condition of any of the Indenture, the Notes or the other Transaction Documents or any of the rights, obligations or remedies of Trustee or Beneficiary hereunder or thereunder.

Rescission of Notice of Default. Beneficiary may from time to time ------------------------------- withdraw any notice of election and demand for sale in accordance with Section 38-38-101(11) of the Colorado Revised Statutes. The exercise by Beneficiary of such right shall not constitute a waiver of any breach or default then existing or subsequently occurring, or impair the right of Beneficiary to execute and deliver to Trustee, as above provided, other declarations or notices of default to satisfy the Obligations under this Deed of Trust or the other Obligations, nor otherwise affect any provision, covenant or condition of any of the Indenture, the Notes or the other Transaction Documents or any of the rights, obligations or remedies of Trustee or Beneficiary hereunder or thereunder.

Rescission of Notice of Default. Beneficiary may from time to time withdraw any notice of election and demand for sale in accordance with Section 38-38-101(11) of the Colorado Revised Statutes. The exercise by Beneficiary of such right shall not constitute a waiver of any breach or default then existing or subsequently occurring, or impair the right of Beneficiary to execute and deliver to Trustee, as above provided, other declarations or notices of default to satisfy the Obligations under this Deed of Trust or the other Obligations, nor otherwise affect any provision, covenant or condition of any of the Indenture, the Notes or the Loan Agreement and other Transaction Documents or any of the rights, obligations or remedies of Trustee or Beneficiary hereunder or thereunder.

Rescission of Notice of Default. Beneficiary may from time to time withdraw any notice of election and demand for sale in accordance with Section 38-38-101(11) of the Colorado Revised Statutes. The exercise by Beneficiary of such right shall not constitute a waiver of any breach or default then existing or subsequently occurring, or impair the right of Beneficiary to execute and deliver to Trustee, as above provided, other declarations or notices of default to satisfy the Obligations under this Hyatt Gaming Deed of Trust or the other Obligations, nor otherwise affect any provision, covenant or condition of any of the Indenture, the Notes Subordinated Loan Agreement or the other Transaction Documents or any of the rights, obligations or remedies of Trustee or Beneficiary hereunder or thereunder.