Trustee’s Exercise of the City’s Remedies. Whenever any Event of Default has occurred and is continuing, the Trustee may, but except as otherwise provided in the Indenture shall not be obliged to, exercise any or all of the rights of the City under this Article, upon notice as required of the City unless the City has already given the required notice. In addition, the Trustee shall have available to it all of the remedies prescribed by the Indenture.
Appears in 2 contracts
Samples: Lease Agreement, Lease Agreement
Trustee’s Exercise of the City’s Remedies. Whenever any Event of Default has shall have occurred and is be continuing, the Trustee may, but except as otherwise provided in the Indenture shall not be obliged to, exercise any or all of the rights of the City under this Article, upon notice as required of the City unless the City has already given the required notice. In addition, the Trustee shall have available to it all of the remedies prescribed by the Indenture.
Appears in 2 contracts
Samples: Lease Agreement (Mastercard Inc), Lease Agreement (Pacific Sunwear of California Inc)
Trustee’s Exercise of the City’s Remedies. Whenever any Event of Default has shall have occurred and is be continuing, the Trustee may, but except as otherwise provided in the Indenture shall not be obliged to, exercise any or all of the rights of the City under this ArticleArticle XII, upon notice as required of the City unless the City has already given the required notice. In addition, the Trustee shall have available to it the Trustee all of the remedies prescribed by the Indenture.
Appears in 1 contract
Samples: Lease Purchase Agreement
