Common use of No Cross Default Clause in Contracts

No Cross Default. Notwithstanding anything to the contrary in this Amendment, the 1960 Lease or the 1966 Lease, a default by APS under the 1960 Lease, as amended by this Amendment, shall not constitute a default by Lessees under the 1966 Lease, and a default by Lessees under the 1966 Lease, as amended by this Amendment, shall not constitute a default by APS under the 1960 Lease.

Appears in 6 contracts

Sources: Supplemental and Additional Indenture of Lease (El Paso Electric Co /Tx/), Supplemental and Additional Indenture of Lease (El Paso Electric Co /Tx/), Supplemental and Additional Indenture of Lease (PNM Resources Inc)