Common use of Article 11 Not to Prevent Events of Default Clause in Contracts

Article 11 Not to Prevent Events of Default. The failure to make a payment pursuant to the Securities by reason of any provision in this Article shall not be construed as preventing the occurrence of a default or an Event of Default.

Appears in 8 contracts

Samples: Subordinated Indenture (Wintrust Financial Corp), First Supplemental Indenture (Old Line Bancshares Inc), Howard Bancorp Inc

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Article 11 Not to Prevent Events of Default. The failure to make a payment pursuant to on account of principal of, premium, if any, or interest on the Securities Notes by reason of any provision in of this Article 11 shall not be construed as preventing the occurrence of a default Default or an Event of DefaultDefault under Section 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 6 contracts

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

Article 11 Not to Prevent Events of Default. The failure to make a payment pursuant to the Securities on account of principal, interest or sinking fund by reason of any provision in this Article 11 shall not be construed as preventing the occurrence of a default or an Event of DefaultDefault under Section 6.01.

Appears in 2 contracts

Samples: Indenture (CVS Caremark Corp), CVS (CVS Caremark Corp)

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Article 11 Not to Prevent Events of Default. The failure to make a payment pursuant to the Securities by reason of any provision in this Article shall not be construed as preventing the occurrence of a default Default or an Event of Default.

Appears in 1 contract

Samples: Synovus Financial Corp

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