Project Operating Agmt 02012011 - Laserfiche WebLink

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i by mandamus or other action or proceeding or suit at law or in equity enforce its rights against a User or any board member officer or employee thereof and compel the User or any such board member officer or employee to perform and carry out its or his duties under applicable law and the agreements and covenants contained herein required to be performed by it or him ii by suit in equity enjoin any acts or things which are unlawful or violate the rights of the Authority or iii by suit in equity upon the happening of an Event of Default require the User and its board members officers and employees to account as the trustee of an express trust Section 503 Non Waiver A waiver of any default or breach of duty or contract by the Authority which waiver shall be subject to the prior written consent of the Bond Holders shall not affect any subsequent default or breach of duty or contract or impair any rights or remedies on any such subsequent default or breach of duty or contract No delay or omission by the Authority to exercise any right or remedy accruing upon any default or breach of duty or contract shall impair any such right or remedy or shall be construed to be a waiver of any such default or breach of duty or contract or an acquiescence therein and every right or remedy conferred upon the Authority by applicable law or by this Article V may be enforced and exercised from time to time and as often as shall be deemed expedient by the Authority If any action proceeding or suit to enforce any right or exercise any remedy is abandoned or determined adversely to the Authority the Authority and the Users shall be restored to their former positions rights and remedies as if such action proceeding or suit had not been brought or taken Section 504 Remedies Not Exclusive No remedy herein conferred upon or reserved in this Agreement is intended to be exclusive of any other remedy and each such remedy shall be cumulative and shall be in addition to every other remedy given hereunder or now or hereafter existing in law or in equity or by statute or otherwise and may be exercised without exhausting and without regard to any other remedy conferred by any other law Section 505 Agreement to Pay Attorneys Fees and Expenses In the event any party to this Operating Agreement should default under any of the provisions hereof and the nondefaulting parties should employ attorneys or incur other expenses for the collection of moneys or the enforcement or performance or observance of any obligation or agreement on the part of the defaulting party herein contained the defaulting party upon successful completion of such proceedings by the nondefaulting party agrees that it will on demand therefor pay to the nondefaulting party the reasonable fees of and subject to any provision in the JPA Agreement regarding indemnification or payment of attorney fees such attorney fees and such other expenses so incurred by the nondefaulting party 20 Project Operating Agreement 11 17 10 City Attorney Group