Remedies Notice definition

Remedies Notice means notice to the Company from the City or the Trustee that the City or the Trustee intends to exercise remedies hereunder.

Remedies Notice shall have the meaning set forth in Section 4 hereof.

Remedies Notice shall have the meaning given such term in Section 33(c) hereto.

Examples of Remedies Notice in a sentence

• The Company may rescind such exercise by providing written notice to the City and the Trustee on or prior to the 29th and by taking such action as may be required to cure the default that led to the giving of the Remedies Notice.

• Notwithstanding the forgoing, if the City or the Trustee provides a Remedies Notice to the Company, the Company shall be deemed to have exercised its repurchase option under this Section on the 29th day following the issuance of the Remedies Notice without any further action by the Company; provided said Remedies Notice has not been rescinded by such date (such option to take place on the 29th day following the issuance of the Remedies Notice).

• The Developer may rescind such exercise by providing written notice to the City and the Trustee on or before the 29th day and by taking such action as may be required to cure the default that led to the giving of the Remedies Notice.

• The Company may rescind such exercise by providing written notice to the City and the Trustee on or before the 29th day and by taking such action as may be required to cure the default that led to the giving of the Remedies Notice.

• Notwithstanding the forgoing, if the City or the Trustee provides notice of its intent to exercise its remedies hereunder (a “Remedies Notice”), the Company shall be deemed to have exercised its repurchase option under this Section on the 29th day following the issuance of the Remedies Notice without any further action by the Company; provided said notice has not been rescinded by such date (such option to take place on the 29th day following the issuance of the Remedies Notice).

More Definitions of Remedies Notice

Remedies Notice means a written notice delivered pursuant to the Intercreditor Agreement which instructs Agent to accelerate the Obligations and/or to commence the taking of other remedies.

Remedies Notice has the meaning set forth in Section 6.02(c).

Remedies Notice shall have the meaning set forth in Section 3.1(a).

Remedies Notice means a written notice that the parties described therein intend to commence the pursuit of remedies against some or all of the Shared Collateral.

Remedies Notice shall have the meaning assigned to such term in the Intercreditor Agreement.

Remedies Notice has the meaning assigned to such term in Section 7.2.

Remedies Notice has the meaning set forth in Section 9(b).