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 on account of principal of, premium, if any, or interest on the Notes by reason of any provision of this Article 11 shall not be construed as preventing the occurrence of a Default or an Event of Default 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), Indenture (Lamar Advertising Co/New), Indenture (Lamar Advertising Co/New)

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Article 11 Not to Prevent Events of Default. The failure to make a payment on account of principal ofprincipal, premium, if any, interest or interest on the Notes sinking fund by reason of any provision of in this Article 11 shall not be construed as preventing the occurrence of a Default or an Event of Default 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 Notes6.01.

Appears in 2 contracts

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

Article 11 Not to Prevent Events of Default. The failure to make a payment on account of principal of, premium, if any, or interest on the Notes by reason of any provision of in this Article 11 shall not be construed as preventing the occurrence of a Default or an Event of Default 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 Notes5.01.

Appears in 1 contract

Samples: Indenture (Hovnanian Enterprises Inc)

Article 11 Not to Prevent Events of Default. The failure to make a payment on account Payment of principal of, premium, if any, the Notes or interest on any Guarantor's guarantee of the Notes by reason of any provision of in this Article 11 shall not be construed as preventing the occurrence of a Default or an Event of Default 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 Notes6.1.

Appears in 1 contract

Samples: Indenture (Aerojet Ordnance Tennessee Inc)

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Article 11 Not to Prevent Events of Default. The failure to make a payment on account of principal of, premium, if any, or interest on the Notes by reason of any provision of in this Article 11 12 shall not be construed as preventing the occurrence of a Default or an Event of Default 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 Notes5.01.

Appears in 1 contract

Samples: Indenture (Hovnanian Enterprises Inc)

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