Common use of Remedies Upon Default Clause in Contracts

Remedies Upon Default. (a) Whenever any Event of Default by the Company or any Sponsor Affiliate (the “Defaulting Entity”) shall have occurred and shall be continuing, the County may take any one or more of the following remedial actions as to the Defaulting Entity, only:

Appears in 124 contracts

Samples: Tax Agreement, Special Source Revenue Credits Agreement, Tax and Special Source Credit Agreement

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Remedies Upon Default. (a) Whenever any Event of Default by the Company or any Sponsor Affiliate Affiliate(s) (the “Defaulting Entity”) shall have occurred and shall be continuing, the County may take any one or more of the following remedial actions as to the Defaulting Entity, only:

Appears in 3 contracts

Samples: Tax and Incentive Agreement, Tax and Incentive Agreement, Tax and Incentive Agreement

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Remedies Upon Default. (a) Whenever any Event of Default by the Company any Co-Sponsor or any Sponsor Affiliate (the “Defaulting Entity”) shall have occurred and shall be continuing, the County may take any one or more of the following remedial actions as to the Defaulting Entity, only:

Appears in 1 contract

Samples: Tax and Special Source Credit Agreement

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