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 principal of, premium, if any, or interest (or Liquidated Damages, if any) on the Notes by reason of any provision of this Article XI shall not be construed as preventing the occurrence of a Default or an Event of Default under Section 6.1 or in any way limit the rights of the Trustee or any Holder to pursue any other rights or remedies with respect to the Notes.

Appears in 6 contracts

Sources: First Supplemental Indenture (BTG Inc /Va/), First Supplemental Indenture (Lockheed Martin Corp), First Supplemental Indenture (Procom Services)

Not to Prevent Events of Default. The failure to make a payment on account of principal of, premium, if any, or interest (or Liquidated Damages, if any) on the Notes Securities by reason of any provision of this Article XI shall not be construed as preventing the occurrence of a Default or an Event of Default under Section 6.1 or in any way limit the rights of the Trustee or any Holder to pursue any other rights or remedies with respect to the NotesSecurities.

Appears in 3 contracts

Sources: Indenture (Universal Outdoor Inc), Indenture (Universal Outdoor Inc), Indenture (Universal Outdoor Inc)

Not to Prevent Events of Default. The failure to make a payment on account of principal of, premium, if any, or interest (or Liquidated Damages, if any) on the Notes by reason of any provision of this Article XI 11 shall not be construed as preventing the occurrence of a Default or an Event of Default under Section 6.1 6.01 or in any way limit the rights of the Trustee or any Holder to pursue any other rights or remedies with respect to the Notes.

Appears in 2 contracts

Sources: Indenture (Lamar Advertising Co), Indenture (Lamar Advertising Co/New)

Not to Prevent Events of Default. The failure to make a payment on account of principal of, premium, if any, or interest (or Liquidated Damages, if any) on the Notes by reason of any provision of this Article XI XII shall not be construed as preventing the occurrence of a Default or an Event of Default under Section 6.1 or in any way limit the rights of the Trustee or any Holder to pursue any other rights or remedies with respect to the Notes.

Appears in 1 contract

Sources: Indenture (CSK Auto Corp)