Common use of Not to Prevent Events of Default Clause in Contracts

Not to Prevent Events of Default. The failure to make a payment on account of the principal of or interest on the Securities by reason of any provision in this Article 5 shall not be construed as preventing the occurrence of an Event of Default under Section 8.1.

Appears in 6 contracts

Sources: Indenture (Einstein Noah Bagel Corp), Indenture (Sterling Software Inc), Indenture (Equity Corp International)

Not to Prevent Events of Default. The failure to make a payment on account of the principal of (premium, if any) or interest on the Securities by reason of any provision in this Article 5 10 shall not be construed as preventing the occurrence of an Event of Default under Section 8.16.01.

Appears in 5 contracts

Sources: Indenture (Sizeler Property Investors Inc), Indenture (Sizeler Property Investors Inc), Indenture (Sizeler Property Investors Inc)

Not to Prevent Events of Default. The failure to make a payment on account of the principal of or interest on the Securities by reason of any provision in this Article 5 12 shall not be construed as preventing the occurrence of an Event of Default under Section 8.15.1.

Appears in 4 contracts

Sources: Indenture (Ual Corp /De/), Indenture (Robbins & Myers Inc), Indenture (Ual Corp Capital Trust I)

Not to Prevent Events of Default. The failure to make a payment on account of the principal of of, premium, if any, or interest on the Securities by reason of any provision in this Article 5 11 shall not be construed as preventing the occurrence of an Event of Default with respect to such Securities under Section 8.16.1.

Appears in 4 contracts

Sources: Indenture (Alternative Living Services Inc), Indenture (Assisted Living Concepts Inc), Indenture (Sterling House Corp)

Not to Prevent Events of Default. The failure to make a payment on account of the principal of or interest on the Securities securities by reason of any provision in of this Article 5 X shall not be construed as preventing the occurrence of a Default or an Event of Default under Section 8.16.1.

Appears in 3 contracts

Sources: Indenture (Big Flower Press Holdings Inc /Pred/), Indenture (Big Flower Press Holdings Inc), Indenture (Big Flower Holdings Inc/)

Not to Prevent Events of Default. The failure to make a payment on account of the principal of or interest on the Securities of any series by reason of any provision in this Article 5 13 shall not be construed as preventing the occurrence of an Event of Default under Section 8.15.1.

Appears in 3 contracts

Sources: Indenture (Hovnanian Enterprises Inc), Indenture (Hovnanian Enterprises Inc), Senior Indenture (Hovnanian Enterprises Inc)

Not to Prevent Events of Default. The failure to make a payment on account of the principal of or interest on the Securities any Amounts Payable by reason of any provision in of this Article 5 shall not be construed as preventing the occurrence of an Event of Default under Section 8.14.1 hereof, except as provided in Section 5.2(b).

Appears in 2 contracts

Sources: Non Negotiable Subordinated Note (Jordan Industries Inc), Non Negotiable Subordinated Note (Jordan Industries Inc)

Not to Prevent Events of Default. The failure to make a payment on account of the principal of or interest on the Securities of any series by reason of any provision in this Article 5 14 shall not be construed as preventing the occurrence of an Event of Default under Section 8.15.1.

Appears in 2 contracts

Sources: Subordinated Indenture (Hovnanian Enterprises Inc), Senior Subordinated Indenture (Hovnanian Enterprises Inc)

Not to Prevent Events of Default. The failure to make a payment on account of the principal of or interest on the Securities by reason of any provision in this Article 5 shall not be construed as preventing the occurrence of an Event of Default under Section 8.18.01.

Appears in 2 contracts

Sources: Indenture (Smurfit Stone Container Corp), Indenture (Smurfit Stone Container Corp)

Not to Prevent Events of Default. The failure to make a payment on account of the principal of or interest on the Securities by reason of any provision in this Article 5 12 shall not be construed as preventing the occurrence of an Event of Default under Section 8.17.1.

Appears in 2 contracts

Sources: Indenture (Global Telesystems Group Inc), Indenture (Commonwealth Telephone Enterprises Inc /New/)

Not to Prevent Events of Default. The failure to make a payment on account of the principal of principal, premium, if any, or interest or Additional Interest, if any, on the Securities Notes by reason of any provision in this Article 5 6 shall not be construed as preventing the occurrence of an any Event of Default under Section 8.15.01.

Appears in 2 contracts

Sources: Indenture (Hovnanian Enterprises Inc), Indenture (Hovnanian Enterprises Inc)

Not to Prevent Events of Default. The failure to make a payment on account of the principal of or interest on the Securities by reason of any provision in this Article 5 shall not be construed as preventing the occurrence of a default or an Event of Default under Section 8.1Default.

Appears in 2 contracts

Sources: Indenture (Usinternetworking Inc), Indenture (Beyond Com Corp)

Not to Prevent Events of Default. The failure to make a payment on account of the principal of or interest on the Securities Debentures by reason of any provision in this Article 5 shall not be construed as preventing the occurrence of an Event of Default under Section 8.1.

Appears in 2 contracts

Sources: Indenture (Skytel Communications Inc), Indenture (Mci Worldcom Inc)

Not to Prevent Events of Default. The failure to make a payment on account of the principal of or interest on the Securities by reason of any provision in this Article 5 13 shall not be construed as preventing the occurrence of an Event of Default under Section 8.15.1.

Appears in 1 contract

Sources: Indenture (Progressive Corp/Oh/)

Not to Prevent Events of Default. The failure to make a payment on account of the principal of or interest on the Securities Subordinated Indebtedness by reason of any provision in this Article 5 shall not be construed as preventing the occurrence of an Event of Default under Section 8.1.

Appears in 1 contract

Sources: Indenture (Family Golf Centers Inc)

Not to Prevent Events of Default. The failure to make a payment on account of the principal of or interest on the Securities by reason of any provision in this Article 5 7 shall not be construed as preventing the occurrence of an Event of Default under Section 8.18.01.

Appears in 1 contract

Sources: Indenture (Toll Corp)

Not to Prevent Events of Default. The failure to make a payment on account of the principal of or interest on the Securities by reason of any provision in of this Article 5 shall not be construed as preventing the occurrence of an Event of Default under specified in Section 8.16.01(a), (b) or (c).

Appears in 1 contract

Sources: Indenture (Triton PCS Holdings Inc)

Not to Prevent Events of Default. The failure to make a payment on account of the principal of or interest Interest on the Securities by reason of any provision in this Article 5 shall not be construed as preventing the occurrence of a default or an Event of Default under Section 8.1Default.

Appears in 1 contract

Sources: Indenture (Act Manufacturing Inc)

Not to Prevent Events of Default. The failure to make a payment on account of the principal of or interest on the Securities Subordinated Security Obligations by reason of any provision in this Article 5 shall not be construed as preventing the occurrence of a default or an Event of Default under Section 8.1Default.

Appears in 1 contract

Sources: Indenture (Alza Corp)

Not to Prevent Events of Default. The failure to make a payment on account of the principal of or interest on the Securities by reason of any provision in this Article 5 shall not be construed as preventing the occurrence of an Event of Default under Section 8.18.01 or limiting the right of the Trustee or the Holders of Securities to take any action to accelerate the maturity of the Securities pursuant to Article 8 or to pursue any rights or remedies hereunder or under applicable law.

Appears in 1 contract

Sources: Indenture (Westmoreland Coal Co)

Not to Prevent Events of Default. The failure to make a payment on account of the principal of or interest (including Additional Interest) on the Securities by reason of any provision in of this Article 5 shall will not be construed as preventing the occurrence of an Event of Default under Section 8.1Default.

Appears in 1 contract

Sources: Indenture (Flextronics International LTD)

Not to Prevent Events of Default. The failure to make a payment on account of the principal of or interest on the Securities by reason of any provision in this Article 5 shall not be construed as preventing the occurrence of an any Event of Default under Section 8.18.01.

Appears in 1 contract

Sources: Indenture (Birner Dental Management Services Inc)