Common use of RIGHTS AND OBLIGATIONS DURING THE CURE PERIOD Clause in Contracts

RIGHTS AND OBLIGATIONS DURING THE CURE PERIOD. Section 3.01 No Termination during the Cure Period (a) terminate or give notice terminating the Comprehensive Agreement for Concessionaire Default or exercise any rights under Section 19.02 (other than Sections 19.02(d) and 19.02(e)) of the Comprehensive Agreement; or (b) take or support any action for the liquidation, bankruptcy, administration, receivership, reorganization, dissolution or winding up of the Concessionaire or for the composition or readjustment of the Concessionaire’s debts, or any similar insolvency procedure in relation to the Concessionaire, or for the appointment of a receiver, trustee, custodian, sequestrator, conservator, liquidator, administrator or similar official for the Concessionaire or for any part of the Concessionaire’s Property.

Appears in 1 contract

Samples: Direct Agreement

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RIGHTS AND OBLIGATIONS DURING THE CURE PERIOD. Section 3.01 No Termination during the Cure Period (a) terminate or give notice terminating the Comprehensive Agreement for Concessionaire Default or exercise any rights under Section 19.02 (other than Sections 19.02(d19.02(c) and 19.02(e)) of the Comprehensive Agreement; or (b) take or support any action for the liquidation, bankruptcy, administration, receivership, reorganization, dissolution or winding up of the Concessionaire or for the composition or readjustment of the Concessionaire’s debts, or any similar insolvency procedure in relation to the Concessionaire, or for the appointment of a receiver, trustee, custodian, sequestrator, conservator, liquidator, administrator or similar official for the Concessionaire or for any part of the Concessionaire’s Property.

Appears in 1 contract

Samples: Direct Agreement

RIGHTS AND OBLIGATIONS DURING THE CURE PERIOD. Section 3.01 No Termination during the Cure Period (a) terminate or give notice terminating the Comprehensive Agreement for Concessionaire Default or exercise any rights under Section 19.02 (other than Sections Section 19.02(d) and Section 19.02(e)) of the Comprehensive Agreement; or (b) take or support any action for the liquidation, bankruptcy, administration, receivership, reorganization, dissolution or winding up of the Concessionaire or for the composition or readjustment of the Concessionaire’s debts, or any similar insolvency procedure in relation to the Concessionaire, or for the appointment of a receiver, trustee, custodian, sequestrator, conservator, liquidator, administrator or similar official for the Concessionaire or for any part of the Concessionaire’s Property.

Appears in 1 contract

Samples: Direct Agreement

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RIGHTS AND OBLIGATIONS DURING THE CURE PERIOD. Section 3.01 No Termination during the Cure Period (a) terminate or give notice terminating the Comprehensive Agreement Second ARCA for Concessionaire Default or exercise any rights under Section 19.02 (other than Sections 19.02(d19.02(c) and 19.02(e)) of the Comprehensive AgreementSecond ARCA; or (b) take or support any action for the liquidation, bankruptcy, administration, receivership, reorganization, dissolution or winding up of the Concessionaire or for the composition or readjustment of the Concessionaire’s debts, or any similar insolvency procedure in relation to the Concessionaire, or for the appointment of a receiver, trustee, custodian, sequestrator, conservator, liquidator, administrator or similar official for the Concessionaire or for any part of the Concessionaire’s Property.

Appears in 1 contract

Samples: Direct Agreement

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