Common use of Article 10 Not to Prevent Events of Default or Limit Right to Accelerate Clause in Contracts

Article 10 Not to Prevent Events of Default or Limit Right to Accelerate. The failure to make a payment pursuant to the Securities by reason of any provision in this Article 10 shall not be construed as preventing the occurrence of a Default. Nothing in this Article 10 shall have any effect on the right of the Holders or the Trustee to accelerate the maturity of the Securities.

Appears in 9 contracts

Samples: Indenture (Verso Paper Corp.), Third Supplemental Indenture (Verso Paper Corp.), Indenture (MPM Silicones, LLC)

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Article 10 Not to Prevent Events of Default or Limit Right to Accelerate. The failure to make a payment pursuant to the Securities Notes by reason of any provision in this Article 10 shall not be construed as preventing the occurrence of a Default. Nothing in this Article 10 shall have any effect on the right of the Holders or the Trustee to accelerate the maturity of the SecuritiesNotes.

Appears in 5 contracts

Samples: Indenture (Michaels Stores Inc), Indenture (Realogy Corp), Indenture (Avago Technologies LTD)

Article 10 Not to Prevent Events of Default or Limit Right to Accelerate. The failure to make a payment pursuant to the Securities Notes by reason of any provision in this Article 10 shall not be construed as preventing the occurrence of a Default. Nothing Except as otherwise provided in Section 10.04, nothing in this Article 10 shall have any effect on the right of the Holders or the Trustee to accelerate the maturity of the SecuritiesNotes.

Appears in 3 contracts

Samples: Indenture (Brindlee Mountain Telephone Co), Indenture (Otelco Telecommunications LLC), Indenture (Otelco Inc.)

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Article 10 Not to Prevent Events of Default or Limit Right to Accelerate. The failure to make a payment pursuant to the Securities by reason of any provision in this Article 10 shall not be construed as preventing the occurrence of a Default. Nothing in this Article 10 shall have any effect on the right of the Holders Securityholders or the Trustee to accelerate the maturity of the Securities.

Appears in 2 contracts

Samples: Indenture (Denbury Resources Inc), Indenture (Columbus McKinnon Corp)

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