Common use of Article 6 Not to Prevent Events of Default Clause in Contracts

Article 6 Not to Prevent Events of Default. The failure to make a payment on account of principal, premium, if any, or interest or Additional Interest, if any, on the Notes by reason of any provision in this Article 6 shall not be construed as preventing the occurrence of any Event of Default under Section 5.01.

Appears in 4 contracts

Samples: Indenture (Hovnanian Enterprises Inc), Indenture (Hovnanian Enterprises Inc), Indenture (Hovnanian Enterprises Inc)

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Article 6 Not to Prevent Events of Default. The failure to make a payment on account of principal, premium, if any, or interest or Additional Interestinterest, if any, on the Notes by reason of any provision in this Article 6 shall not be construed as preventing the occurrence of any Event of Default under Section 5.01.

Appears in 4 contracts

Samples: Indenture (Hovnanian Enterprises Inc), Indenture (Hovnanian Enterprises Inc), Indenture (Hovnanian Enterprises Inc)

Article 6 Not to Prevent Events of Default. The failure to make a payment on account of principal, premium, if any, principal or interest or Additional Interest, if any, on the Notes by reason of any provision in this Article 6 shall not be construed as preventing the occurrence of any Event of Default under Section 5.01.

Appears in 2 contracts

Samples: Indenture (Hovnanian Enterprises Inc), Indenture (Hovnanian Enterprises Inc)

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Article 6 Not to Prevent Events of Default. The failure to make a payment on account of principal, premium, if any, principal or interest or Additional Interest, if any, on the Notes (including, without limitation, Installment Payments and the Repurchase Price of any Notes payable pursuant to Article 11, if applicable) when due or within any applicable grace period, whether or not by reason of any provision in this Article 6 6, shall not be construed as preventing the occurrence of any an Event of Default under Section 5.01Default.

Appears in 1 contract

Samples: First Supplemental Indenture (Hovnanian Enterprises Inc)

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