Board of Visitors minutes February 9, 2007 | ||
Section 7.4 Effect of Discontinuance of Proceedings.
In case any proceeding taken by any Noteholder on account of any Event of Default shall have been discontinued or abandoned for any reason, then and in every such case the University and the Noteholders shall be restored to their former positions and rights hereunder, respectively, and all rights and remedies of the Noteholders shall continue as though no such proceeding had been taken.
Board of Visitors minutes February 9, 2007 | ||