Available Remedies definition
Examples of Available Remedies in a sentence
Unless liquidated damages cease to accrue pursuant to Section 5.5.2.2 (Temporal Limitation on Liquidated Damages; MTA Available Remedies), the accrual of liquidated damages shall cease upon the MTA's issuance of a Certificate of Substantial Completion.
Section 5.3 Available Remedies Nothing in this Article shall be construed to limit or abridge the Employer's right to seek other available remedies provided by law to address unauthorized or unlawful strikes or interference with work.
Each Holder, severally and not jointly, agrees to waive from exercising the Available Remedies and any rights and remedies that will be available to the Holders solely as a result of the Existing Defaults and consents to the execution and delivery of this Agreement and the transaction contemplated hereunder.
Notwithstanding the preceding paragraph, in the event of the Exhaustion of Available Remedies and in the face of imminent seizure of the Property, Lessor shall have the right to immediately terminate the Lease and remove Lessee and Lessee shall vacate the Leased Property immediately and shall comply in all respects with any requirements, demands or instructions of Lessor and any governmental entity.
In the event of Exhaustion of Available Remedies, Lessee shall vacate the Property as soon as is reasonably practicable and in any event not later than thirty (30) days after Lessee or Lessor delivers written notice to the other of termination due to the Exhaustion of Administrative Remedies.
This Agreement constitutes a waiver only of the Available Remedies as a result of the occurrence of the Existing Defaults.
Available Remedies.....................................................