Common use of Default and Events of Default Clause in Contracts

Default and Events of Default. Subject to terms of Sections 3(c), 3(i), and 3(p) of this Consent No. 3, for any other Event of Default or defaults by the Company under the Program Documents as amended by this Consent No. 3, the Company shall be provided, where notice and cure are currently provided under the Program Documents, thirty (30) days to cure Events of Default or defaults, as applicable, from the date notice is provided to the Company. Upon the expiration of such thirty (30) day notice, the Authority, upon the written direction of the County, shall proceed with any and all remedies against the Company provided under the Program Documents as amended by this Consent No. 3.

Appears in 2 contracts

Sources: Amendment and Consent No. 3, Amendment and Consent No. 3