EVENTS OF DEFAULT AND REMEDIES 22 Sample Clauses

EVENTS OF DEFAULT AND REMEDIES 22. Section 8.01. Events of Default 22 Section 8.02. Force Majeure 23 Section 8.03. Remedies 23 Section 8.04. No Remedy Exclusive 23 Section 8.05. Reimbursement of Attorneys' Fees 24 Section 8.06. Waiver of Breach 24 ARTICLE IX. PREPAYMENT OF PURCHASE PRICE OF THE PROJECT 24 Section 9.01. Options of Company to Prepay Purchase Price of the Project 24 Section 9.02. Exercise of Option 25 Section 9.03. Mandatory Prepayment of Purchase Price of the Project 25 ARTICLE X. PURCHASE AND REMARKETING OF BONDS 25 Section 10.01. Purchase of Bonds 25 Section 10.02. Optional Purchase of Bonds 26 Section 10.03. Determination of Interest Rate Periods 26 ARTICLE XI. MISCELLANEOUS 26 Section 11.01. Term of Agreement 26 Section 11.02. Notices 26 Section 11.03. Parties in Interest 27 Section 11.04. Extent of Covenants of the City; No Personal Liability 27 Section 11.05. Confirmation of Request by the Company 28 Section 11.06. Amendments 28 Section 11.07. Counterparts 28 Section 11.08. Severability 28 Section 11.09. Governing Law 28 Exhibit A - DESCRIPTION OF THE FACILITIES Exhibit B - LIST OF THE COMPANY'S AFFILIATES FURTHER AMENDED AND RESTATED INSTALLMENT SALE AGREEMENT THIS FURTHER AMENDED AND RESTATED INSTALLMENT SALE AGREEMENT, dated as of August 1, 2012, by and between the CITY OF FARMINGTON, in the County of San Juan, an incorporated municipality, a body pxxxxic and corporate, existing under the Constitution and Laws of the State of New Mexico (hereinafter called the “City”), as Vendor, and EL PASO ELECTRIC COMPANY, a corporation organized and existing under the laws of the State of Texas (hereinafter called the “Company”), as Vendee, amending and restating the Amended and Restated Installment Sale Agreement, dated as of August 1, 2002, (hereinafter called the “2002 Agreement”) between the City, as Vendor, and the Company, as Vendee, which amended and restated the Amended and Restated Installment Sale Agreement, dated as of November l, 1994 (hereinafter called the “1994 Agreement”), between the City, as Vendor, and the Company, as Vendee, which amended and restated the Installment Sale Agreement dated as of November 1, 1983 (hereinafter called the “1983 Agreement”) between the City, as Vendor, and the Company, as Vendee.
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Related to EVENTS OF DEFAULT AND REMEDIES 22

  • Events of Default and Remedies Section 8.01

  • Default and Remedies Either of the following constitutes cause to declare this Contract, or any Participating Entity order under this Contract, in default:

  • Events of Default Rights and Remedies Section 7.1 Events of Default.

  • Events of Default Remedies If any of the following events (“Events of Default”) shall occur:

  • Events of Default Rights and Remedies on Default 10.1 Events of Default 10.2 Acceleration of the Obligations

  • Events of Default Remedies on Default Events of Default . Each of the following shall be an "Event of Default" if it occurs for any reason whatsoever, whether voluntary or involuntary, by operation of law or otherwise:

  • Defaults and Remedies Section 6.01.

  • Acceleration and Remedies Upon the acceleration of the obligations under the Credit Agreement pursuant to Section 8.1 thereof, the Obligations and, to the extent provided for under the Rate Management Transactions evidencing the same, the Rate Management Obligations, shall immediately become due and payable without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived, and the Agent may, with the concurrence or at the direction of the Required Secured Parties, exercise any or all of the following rights and remedies:

  • Events of Default, Etc During the period during which an Event of Default shall have occurred and be continuing:

  • Waiver of Events of Default The Holders representing at least 66% of the Voting Rights affected by a default or Event of Default hereunder may waive such default or Event of Default; provided, however, that (a) a default or Event of Default under clause (i) of Section 7.01 may be waived only by all of the Holders of Certificates affected by such default or Event of Default and (b) no waiver pursuant to this Section 7.04 shall affect the Holders of Certificates in the manner set forth in Section 11.01(b)(i) or (ii). Upon any such waiver of a default or Event of Default by the Holders representing the requisite percentage of Voting Rights affected by such default or Event of Default, such default or Event of Default shall cease to exist and shall be deemed to have been remedied for every purpose hereunder. No such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent thereon except to the extent expressly so waived.

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