Remedies Powers and Authorizations Sample Clauses
The "Remedies, Powers and Authorizations" clause defines the rights and options available to a party if the other party breaches the agreement or fails to perform its obligations. Typically, this clause outlines the specific actions the non-breaching party can take, such as seeking damages, requiring specific performance, or utilizing other legal remedies, and may clarify that these remedies are cumulative rather than exclusive. Its core function is to ensure that parties have clear, enforceable options to address breaches, thereby protecting their interests and providing a structured response to contractual issues.
Remedies Powers and Authorizations. 1. Section 4.
Remedies Powers and Authorizations. Section 5.1 Normal Provisions Concerning the Collateral D-8 Section 5.2 Event of Default Remedies D-9 Section 5.3 Application of Proceeds D-11 Section 5.4 Deficiency D-12 Section 5.5 Investment Property and Other Pledged Equity D-12 Section 5.6 Indemnity and Expenses D-12 Section 5.7 Non-Judicial Remedies D-13 Section 5.8 Limitation on Duty of the Administrative Agent in Respect of Collateral D-13 Section 5.9 Appointment of Other Agents D-13 Section 5.10 No Duty D-14
Remedies Powers and Authorizations