Orange County NC Website
Page <br /> ARTICLE IX <br /> EVENTS OF DEFAULT AND REMEDIES <br /> Section 9 . 1 Events of Default Defined 27 <br /> Section 9.2 Remedies on Default 28 <br /> Section 9. 3 Application of Amounts Realized <br /> in Enforcement of Remedies 28 <br /> Section 9. 4 No Remedy Exclusive 29 <br /> Section 9. 5 Agreement to Pay Attorneys' Fees and <br /> Expenses 29 <br /> Section 9. 6 Authority and Company to Give Notice <br /> of Default 29 <br /> ARTICLE X <br /> PREPAYMENTS <br /> Section 10. 1 Optional Prepayments 30 <br /> Section 10.2 Mandatory Prepayment in Event of <br /> Taxability 30 <br /> Section 10. 3 Mandatory Prepayment in Event of <br /> Cessation of Operation 31 <br /> Section 10. 4 Relative Priorities 31 <br /> ARTICLE XI <br /> MISCELLANEOUS <br /> Section 11 . 1 References to the Bond Ineffective <br /> After Bond Paid 32 <br /> Section 11 .2 No Implied Waiver 32 <br /> Section 11 .3 Authority Representative 32 <br /> Section 11 .4 Company Representative 32 <br /> Section 11 .5 Notices 32 <br /> Section 11 .6 If Performance Date a Legal Holiday 33 <br /> Section 11. 7 Binding Effect 33 <br /> Section 11 .8 Severability 33 <br /> Section 11 .9 Amendments, Changes and Modifications 33 <br /> Section 11. 10 Execution in Counterparts 33 <br /> Section 11. 11 Applicable Law 34 <br /> Section 11 . 12 No Charge Against Authority Credit 34 <br /> Section 11. 13 Authority Not Liable 34 <br /> Section 11 . 14 Amounts Remaining with the <br /> Depositary or the Holder 34 <br /> iii . <br />