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1981-138 CRA
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1981-138 CRA
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Last modified
1/3/2012 12:22:51 PM
Creation date
3/8/2005 12:17:28 PM
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City Clerk
Doc Type
Resolution
Doc #
CRA 1981-138
Date
12/15/1981
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<br />, ! , <br /> <br />. <br />. <br /> <br />. <br />. <br /> <br />. <br /> <br />. <br /> <br />given by this Article VII to the N.oteholder may be exercised from time t.o <br />time, and as often as shall be deemed expedient. In case the Noteholder shall <br />have pr.oceeded to enforce any right under this Resolution, and such <br />proceedings shall have been discontinued or abandoned because of waiver or for <br />any other reason, or shall have been determined adversely to the Noteh.older, <br />then and in every such case the Agency and the Noteholder shall be restored to <br />their former p.ositions and rights hereunder; and all remedies, rights and <br />p.owers of the Agency and the Noteho 1 ders shall continue as though no such <br />proceedings had been taken. <br /> <br />Section 7.05. Remedies Cumulative. No remedy herein conferred upon or <br />reserved to the Noteh.older is intended to be exclusive of any other remedy, <br />but each and every such remedy shall be cumulative and shall be in addition to <br />every other remedy given hereunder .or n.ow or hereafter existing at law or in <br />equity. <br /> <br />Secti.on 7.06. Control of Proceedings. In the event that the <br />Noteholder, upon the happening of an event of default, shall have taken some <br />action, by judicial proceedings or otherwise, pursuant to its rights <br />hereunder, it shall have full power with respect t.o the continuance, <br />discontinuance, withdrawal, compromise, settlement or other disp.osal of such <br />action. <br /> <br />16 <br />
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