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

Not to Prevent Events of Default. The failure to fulfill any obligation arising under the Securities Guarantees by reason of any provision of this Article Sixteen will not be construed as preventing the occurrence of an Event of Default.

Appears in 11 contracts

Sources: Indenture (Just Energy Group Inc.), Indenture (Sanchez Production Partners LP), Indenture (Newpark Resources Inc)

Not to Prevent Events of Default. The failure to fulfill any obligation arising under the Securities Note Guarantees by reason of any provision of this Article Sixteen Twelve will not be construed as preventing the occurrence of an Event of Default.

Appears in 1 contract

Sources: Indenture (Servico Market Center Inc)

Not to Prevent Events of Default. The failure to fulfill -------------------------------- any obligation arising under the Securities Note Guarantees by reason of any provision of this Article Sixteen Twelve will not be construed as preventing the occurrence of an Event of Default.

Appears in 1 contract

Sources: Indenture (Urs Corp /New/)