Common use of Article Fourteen Not to Prevent Defaults Clause in Contracts

Article Fourteen Not to Prevent Defaults. The failure of the Company to make a payment pursuant to the terms of Securities of any series by reason of any provision in this Article shall not be construed as preventing the occurrence of an Event of Default under this Indenture.

Appears in 6 contracts

Samples: Junior Subordinated Indenture (Dominion Resources Inc /Va/), Junior Subordinated Indenture (Laclede Gas Co), Indenture (Consolidated Natural Gas Co/Va)

AutoNDA by SimpleDocs

Article Fourteen Not to Prevent Defaults. The failure of the Company to make a payment pursuant to the terms of Securities of any series by reason of any provision in this Article Fourteen shall not be construed as preventing the occurrence of an Event of Default a default under this Indenture.

Appears in 2 contracts

Samples: Indenture (Aon PLC), Indenture

Article Fourteen Not to Prevent Defaults. The failure of the Company to make a payment pursuant to the terms of Securities of any series by reason of any provision in this Article shall not be construed as preventing the occurrence of an Event of Default a default under this Indenture.

Appears in 1 contract

Samples: Indenture (Aon Corp)

AutoNDA by SimpleDocs

Article Fourteen Not to Prevent Defaults. The failure of the Company Corporation to make a payment pursuant to the terms of Securities of any series by reason of any provision in this Article shall not be construed as preventing the occurrence of an Event of Default under this Indenture.

Appears in 1 contract

Samples: Subordinated Indenture (Sce Trust I)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!