Common use of Not To Prevent Events of Default or Limit Right To Accelerate Clause in Contracts

Not To Prevent Events of Default or Limit Right To Accelerate. The failure to make a payment pursuant to the Notes by reason of any provision in this Article XI shall not be construed as preventing the occurrence of a Default. Nothing in this Article XI shall have any effect on the right of the Holders or the Trustee to accelerate the maturity of the Notes.

Appears in 3 contracts

Sources: Indenture (Goss Graphic Systems Inc), Indenture (Goss Holdings Inc), Indenture (Goss Holdings Inc)

Not To Prevent Events of Default or Limit Right To Accelerate. The failure to make a payment pursuant to the Notes by reason of any provision in this Article XI X shall not be construed as preventing the occurrence of a Default. Nothing in this Article XI X shall have any effect on the right of the Holders or the Trustee to accelerate the maturity of the Notes.

Appears in 2 contracts

Sources: Indenture (Prime Succession Holdings Inc), Indenture (Access Financial Solutions Inc)

Not To Prevent Events of Default or Limit Right To Accelerate. The failure to make a payment pursuant to the Notes by reason of any provision in this Article XI XIII shall not be construed as preventing the occurrence of a Default. Nothing in this Article XI XIII shall have any effect on the right of the Holders or the Trustee to accelerate the maturity of the Notes.

Appears in 1 contract

Sources: First Supplemental Indenture (William Lyon Homes)

Not To Prevent Events of Default or Limit Right To Accelerate. The failure to make a payment pursuant to the Notes by reason of any provision in this Article XI X shall not be construed as preventing the occurrence of a Default. Nothing in this Article XI X shall have any effect on the right of the Holders or the Trustee to accelerate the maturity of the Notes.

Appears in 1 contract

Sources: Securities Purchase Agreement (Affiliated Managers Group Inc)