1. MIDA Bond-Oak Grove School - Laserfiche WebLink

The provisions of subsection (c) of this Section are subject to the following limitations: If by reason of acts of God; fire; epidemics; landslides; floods; strikes; lockouts; or other industrial disturbances; acts of public enemies; acts or orders of any kind of any governmental authority; insurrections; riots; civil disturbances; explosions; breakage; or accident to machinery, transmission pipes or canals; partial or entire failure of utilities; or any cause or event not reasonably within the control of the Corporation, the Corporation is unable in whole or in part to carry out the agreements on its part herein contained, other than the obligations on the part ofthe Corporation to make Basic Payments, Additional Payments and taxes and to carry insurance, all under the provisions of Article 4 and Article 5 hereof, the Corporation shall not be deemed in default during the continuance of such inability. The Corporation shall, however, use its best efforts to remedy with all reasonable dispatch the cause or causes preventing it from carrying out its agreements; provided, that the Corporation shall in no event be required to settle strikes, lockouts, or other industrial disturbances by acceding to the demands of the opposing party or parties when such course is, in the judgment of the Corporation, unfavorable to it. SECTION 9.02. ISSUE I~ 's REMEDIES. Whenever any Event of Default shall have happened and be subsisting, the Issuer may, and the Issuer hereby authorizes the Lender, on behalf of the Issuer (without prior written notice to the Issuer) to, take at its discretion anyone or more of the following remedial steps: (a) Declarc al I Basic Payments, Additional Payments and other amounts payable under Section 4.02 and 4.03 hereof for the remainder of the term of this Loan Agreement (being an amount equal to the sum necessary to pay in full the remaining principal of, premium, if any, and inkrest on the Bonds, assuming acceleration of the Bonds, and to pay all other obligations and indebtedness hereunder and thereunder) to be immediately due and payable, whereupon the same shall become immediately due and payable by the Corporation. (b) Take wh:ltever action at law or in equity to enforce the rights of the Lender under the Mortgage or tllC Assignment. (c) Requirc t', c Corporation to furnish copies of all books and records of the Corporation pertaining L I the Facilities. (d) Take whatever action at law or in equity may appear necessary or appropriate to collect the Basic Payments and Additional Payments then due and thereafter to become due hereunder, or to enfurce performance and observance of any obligation, agreement, or covenant of the Corporation under this Loan Agreement. SECTION 9.03. MAN:\l:: OF EXERCISE. No remedy herein conferred upon or reserved to the Issuer is intended to be exclusive of any other available remedy or remedies, but each and every such remedy shall be cumulati\'c and shall be in addition to every other remedy given under this Loan Agreement or now or hCle:: rter existing at law or in equity. No delay or omission to exercise any right or power occurring upon any default shall impair any such right or power or shall be 9-2