Common use of Article Fifteen Not To Prevent Events of Default Clause in Contracts

Article Fifteen Not To Prevent Events of Default. The payment of principal or interest on the Securities of any series by reason of any provision in this Article Fifteen shall not be construed as preventing the occurrence of an Event of Default.

Article Fifteen Not To Prevent Events of Default. The failure to make a payment on account of principal or interest on the Securities of any series by reason of any provision in this Article Fifteen shall not be construed as preventing the occurrence of an Event of DefaultDefault under Section 5.01.

Article Fifteen Not To Prevent Events of Default. The failure to make any payment of principal or interest due on the Securities of any series by reason of any provision in of this Article Fifteen shall not be construed as preventing the occurrence of a Default or an Event of DefaultDefault under Section 601 or in any way prevent the Holders from exercising any right hereunder other than the right to receive payment on the Securities.

Article Fifteen Not To Prevent Events of Default. The failure to make any payment of principal or interest due on the Securities of any series by reason of any provision in of this Article Fifteen shall not be construed as preventing the occurrence of a Default or an Event of DefaultDefault under Section 501 or in any way prevent the Holders from exercising any right hereunder other than the right to receive payment on the Securities.