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 of the Note Guarantor to make a payment pursuant its Guarantee by reason of any provision in this Article 11 shall not be construed as preventing the occurrence of a default by the Note Guarantor under its Guarantee. Nothing in this Article 11 shall have any effect on the right of the Holders or the Trustee to make a demand for payment on the Note Guarantor pursuant to this Article 11.

Not to Prevent Events of Default or Limit Right to Demand Payment. The failure of the a Note Guarantor to make a payment pursuant to its Note Guarantee by reason of any provision in this Article 11 13 shall not be construed as preventing the occurrence of a default by the such Note Guarantor under its Note Guarantee. Nothing in this Article 11 13 shall have any effect on the right of the Holders or the Trustee to make a demand for payment on the a Note Guarantor pursuant to this Article 1111 hereof.