Common use of Supervisory Right Clause in Contracts

Supervisory Right. The Secretary of State, as supervisory trustee, shall have the right to institute any action to enforce the terms of this Lease Agreement in the event LESSOR fails to do so in a timely manner. In the event the Secretary institutes legal action to enforce the terms of this Lease Agreement, he shall have all rights as are conferred to LESSOR.

Appears in 9 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

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Supervisory Right. The Secretary of State, as supervisory trustee, shall have the right to institute any action to enforce the terms of this Lease Agreement in the event LESSOR fails to do so in a timely manner. In the event the Secretary institutes legal action to enforce the terms of this Lease Agreement, he shall have all rights as are conferred to LESSOR.

Appears in 6 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

Supervisory Right. The Secretary of State, as supervisory trustee, shall have the right to institute any action to enforce the terms of this Lease Agreement in the event LESSOR fails to do so in a timely manner. In the event the Secretary institutes legal action to enforce the terms of this Lease Agreement, he shall have all rights as are conferred to LESSOR.

Appears in 3 contracts

Samples: Lease Agreement, www.sos.ms.gov, Lease Agreement

Supervisory Right. The Secretary of State, as supervisory trustee, shall have the right to institute any action to enforce the terms of this Lease Agreement in the event LESSOR fails to do so in a timely manner. In the event the Secretary institutes legal action to enforce the terms of this Lease Agreement, Agreement he shall have all rights as are conferred to LESSOR.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

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Supervisory Right. The Secretary of State, as supervisory trustee, shall have the right to institute any action to enforce the terms of this Lease Agreement in the event LESSOR fails to do so in a timely manner. In the event the Secretary institutes legal action to enforce the terms of this Lease Agreement, Agreement he shall have all rights as are conferred to LESSOR.

Appears in 1 contract

Samples: Lease Agreement

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