Not To Prevent Events of Default or Limit Right To Accelerate. The failure of a Guarantor to make a payment on any of its obligations by reason of any provision in this Article 12 shall not be construed as preventing the occurrence of a default by such Guarantor under such obligations. Nothing in this Article 12 shall have any effect on the right of the Holders or the Trustee to make a demand for payment on a Guarantor pursuant to Article 11.
Appears in 6 contracts
Sources: Indenture (Berry Plastics Holding Corp), Indenture (TRW Automotive Inc), Indenture (TRW Automotive Inc)
Not To Prevent Events of Default or Limit Right To Accelerate. The failure of a Subsidiary Guarantor to make a payment on any of its obligations by reason of any provision in this Article 12 shall not be construed as preventing the occurrence of a default by such Subsidiary Guarantor under such obligations. Nothing in this Article 12 shall have any effect on the right of the Holders or the Trustee to make a demand for payment on a Subsidiary Guarantor pursuant to Article 11.
Appears in 5 contracts
Sources: Indenture (Alliant Techsystems Inc), Indenture (Dex Media West LLC), Indenture (Dex Media Inc)
Not To Prevent Events of Default or Limit Right To Accelerate. The failure of a Guarantor to make a payment on any of its obligations by reason of any provision in this Article 12 shall not be construed as preventing the occurrence of a default by such Guarantor under such obligations. Nothing in this Article 12 shall have any effect on the right of the Holders Securityholders or the Trustee to make a demand for payment on a Guarantor pursuant to Article 11.
Appears in 4 contracts
Sources: Indenture (Volume Services America Inc), Indenture (Volume Services America Holdings Inc), Indenture (Volume Services America Holdings Inc)
Not To Prevent Events of Default or Limit Right To Accelerate. The failure of a Note Guarantor to make a payment on any of its obligations by reason of any provision in this Article 12 shall not be construed as preventing the occurrence of a default by such Note Guarantor under such obligations. Nothing in this Article 12 shall have any effect on the right of the Holders or the Trustee to make a demand for payment on a Note Guarantor pursuant to Article 11.
Appears in 3 contracts
Sources: Indenture (Seagate Technology Malaysia Holding Co Cayman Islands), Indenture (Berry Plastics Corp), Indenture (American Media Operations Inc)
Not To Prevent Events of Default or Limit Right To Accelerate. The failure of a Note Guarantor to make a payment on any of its obligations Guaranteed Obligations by reason of any provision in this Article 12 shall not be construed as preventing the occurrence of a default by such Note Guarantor under such obligations. Nothing in this Article 12 shall have any effect on the right of the Holders or the Trustee to make a demand for payment on a Note Guarantor pursuant to Article 11.
Appears in 1 contract
Not To Prevent Events of Default or Limit Right To Accelerate. The failure of a Guarantor to make a payment on any of its obligations by reason of any provision in this Article 12 11 shall not be construed as preventing the occurrence of a default by such Guarantor under such obligations. Nothing in this Article 12 11 shall have any effect on the right of the Holders or the Trustee to make a demand for payment on a Guarantor pursuant to Article 1110.
Appears in 1 contract
Sources: Indenture (American Seafoods Corp)
Not To Prevent Events of Default or Limit Right To Accelerate. The failure of a the Guarantor to make a payment on any of its obligations pursuant to this Indenture and the Guarantee by reason of any provision in this Article 12 13 shall not be construed as preventing the occurrence of a default by such the Guarantor under such obligations. Nothing in this Article 12 13 shall have any effect on the right of the Holders or the Trustee to make a demand for payment on a the Guarantor pursuant to Article 1112.
Appears in 1 contract
Not To Prevent Events of Default or Limit Right To Accelerate. The failure of a Guarantor to make a payment on any of its obligations Obligations under its Security Guarantee by reason of any provision in this Article 12 shall not be construed as preventing the occurrence of a default by such Guarantor under such obligationsits Security Guarantee. Nothing in this Article 12 shall have any effect on the right of the Holders Securityholders or the Trustee to make a demand for payment on a Guarantor pursuant to this Article 1112.
Appears in 1 contract