Common use of Exercise of Remedies Upon an Event of Default Clause in Contracts

Exercise of Remedies Upon an Event of Default. The provisions of this Article 5 shall apply only upon the occurrence and during the continuance of an Event of Default.

Appears in 4 contracts

Sources: Pledge and Security Agreement (LSP Batesville Funding Corp), Pledge and Security Agreement (LSP Batesville Funding Corp), Pledge and Security Agreement (LSP Batesville Funding Corp)

Exercise of Remedies Upon an Event of Default. _______The provisions of this Article 5 shall apply only upon the occurrence and during the continuance of an Event of Default.

Appears in 1 contract

Sources: Pledge and Security Agreement (Louisiana Generating LLC)