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

Article IV Not to Prevent Events of Default. The failure to make a payment on account of the principal of or interest on the Notes by reason of any provision in this Article IV shall not be construed as preventing the occurrence of an Event of Default under Section 7.1.

Article IV Not to Prevent Events of Default. The failure to make a payment on account of the principal of or interest on the Notes Securities by reason of any provision in of this Article IV shall not be construed as preventing the occurrence of a Default or an Event of Default under Section 7.16.1 of the Indenture or in any way preventing the Holders from exercising any right hereunder other than the right to receive payment on the Securities.