Common use of Remedies on Occurrence of Events of Default Clause in Contracts

Remedies on Occurrence of Events of Default. (a) Upon the occurrence of an Event of Default by Company, after written notice by Rangeview to the Company and opportunity to cure as provided in Section 5.4, Rangeview shall have the following rights and remedies: (i) To shut off or discontinue water and/or wastewater service, in accordance with law and the Rules and Regulations, to those Lots owned by Company for which service fees have not been paid or that otherwise are not compliant with the Rules and Regulations.

Appears in 2 contracts

Sources: Contract for Purchase and Sale of Real Estate (Pure Cycle Corp), Contract for Purchase and Sale of Real Estate (Pure Cycle Corp)