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 Issuer to make payment on the Series A Notes, or the failure of a Guarantor to make a payment pursuant its Guarantee, in either case by reason of any provision in this Article 13 shall not be construed as preventing the occurrence of a default by the Issuer under the Series A Notes or by such Guarantor under its Guarantee, respectively. Nothing in this Article 13 shall have any effect on the right of the Holders of the Series A Notes or the Trustee to make a demand for payment on a Guarantor pursuant to Article 10 hereof.

Not to Prevent Events of Default or Limit Right to Demand Payment. The failure of the Issuer to make payment on the Series A B Notes, or the failure of a Guarantor to make a payment pursuant its Guarantee, in either case by reason of any provision in this Article 13 shall not be construed as preventing the occurrence of a default by the Issuer under the Series A B Notes or by such Guarantor under its Guarantee, respectively. Nothing in this Article 13 shall have any effect on the right of the Holders of the Series A B Notes or the Trustee to make a demand for payment on a Guarantor pursuant to Article 10 hereof.

Not to Prevent Events of Default or Limit Right to Demand Payment. The failure of the Issuer to make payment on the Series A Notes, or the failure of a Guarantor to make a payment pursuant its Guarantee, in either case by reason of any provision in this Article 13 shall not be construed as preventing the occurrence of a default by the Issuer under the Series A Notes or by such Guarantor under its Guarantee, respectively. Nothing in this Article 13 shall have any effect on the right of the Holders of the Series A Notes or the Trustee to make a demand for payment on a Guarantor pursuant to Article 10 hereof.