Common use of Not to Prevent Events of Default or Limit Right to Demand Payment Clause in Contracts

Not to Prevent Events of Default or Limit Right to Demand Payment. The failure to make a payment pursuant to a Subsidiary Guaranty by reason of any provision in this Article 12 shall not be construed as preventing the occurrence of a Default. Nothing in this Article 12 shall have any effect on the right of the Securityholders or the Trustee to make a demand for payment on any Subsidiary Guarantor pursuant to its Subsidiary Guaranty.

Not to Prevent Events of Default or Limit Right to Demand Payment. The failure to make a payment pursuant to a Subsidiary Guaranty by reason of any provision in this Article 12 shall not be construed as preventing the occurrence of a Default. Nothing in this Article 12 shall have any effect on the right of the Securityholders or the Trustee to make a demand for payment on any Subsidiary Guarantor pursuant to its Subsidiary Guaranty.

Not to Prevent Events of Default or Limit Right to Demand Payment. The failure to make a payment pursuant to a Subsidiary Securities Guaranty by reason of any provision in this Article 12 shall not be construed as preventing the occurrence of a Default. Nothing in this Article 12 shall have any effect on the right of the Securityholders or the Trustee to make a demand for payment on any Subsidiary Securities Guarantor pursuant to its Subsidiary Securities Guaranty.

Not to Prevent Events of Default or Limit Right to Demand Payment. The failure to make a payment pursuant to the Parent Guaranty or a Subsidiary Guaranty by reason of any provision in this Article 12 shall not be construed as preventing the occurrence of a Default. Nothing in this Article 12 shall have any effect on the right of the Securityholders or the Trustee to make a demand for payment on Parent or any Subsidiary Guarantor pursuant to its Parent Guaranty or Subsidiary Guaranty.

Not to Prevent Events of Default or Limit Right to Demand Payment. The failure to make a payment pursuant to a Subsidiary Guaranty by reason of any provision in this Article 12 14 shall not be construed as preventing the occurrence of a Default. Nothing in this Article 12 14 shall have any effect on the right of the Securityholders or the Trustee to make a demand for payment on any Subsidiary Guarantor pursuant to its Subsidiary Guaranty.

Not to Prevent Events of Default or Limit Right to Demand Payment. The failure to make a payment pursuant to a Subsidiary Guaranty by reason of any provision in this Article 12 shall not be construed as preventing the occurrence of a Default. Nothing in this Article 12 shall have any effect on the right of the Securityholders or the Trustee to make a demand for payment on any Subsidiary Guarantor pursuant to its Subsidiary Guaranty.

Not to Prevent Events of Default or Limit Right to Demand Payment. The failure of a Guarantor to make a payment pursuant to a Subsidiary Guaranty on any of its obligations by reason of any provision in this Article 12 shall not be construed as preventing the occurrence of a Defaultdefault by such Guarantor under such obligations. Nothing in this Article 12 shall have any effect on the right of the Securityholders Holders or the Trustee to make a demand for payment on any Subsidiary a Guarantor pursuant to its Subsidiary GuarantyArticle 11.

Not to Prevent Events of Default or Limit Right to Demand Payment. The failure to make a payment pursuant to a Subsidiary Guaranty by reason of any provision in this Article 12 shall not be construed as preventing the occurrence of a Default. Nothing in this Article 12 shall have any effect on the right of the Securityholders or the Trustee to make a demand for payment on any Subsidiary Guarantor the Company pursuant to its Subsidiary Guaranty.

Not to Prevent Events of Default or Limit Right to Demand Payment. The failure of a Subsidiary Guarantor to make a payment pursuant to a Subsidiary Guaranty its Guarantee by reason of any provision in this Article 12 17 shall not be construed as preventing the occurrence of a Defaultdefault by such Subsidiary Guarantor under its Guarantee. Nothing in this Article 12 17 shall have any effect on the right of the Securityholders Holders or the Second-Priority Trustee to make a demand for payment on any a Subsidiary Guarantor pursuant to its Subsidiary GuarantyArticle 11 hereof.

Not to Prevent Events of Default or Limit Right to Demand Payment. The failure to make a payment pursuant to the Parent Guaranty or a Subsidiary Guaranty by reason of any provision in this Article 12 shall not be construed as preventing the occurrence of a Default. Nothing in this Article 12 shall have any effect on the right of the Securityholders or the Trustee to make a demand for payment on the Parent Guaranty or any Subsidiary Guarantor pursuant to its Parent Guaranty or Subsidiary Guaranty, as the case may be.