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

Article Thirteen Not to Prevent Events of Default. The failure to make a payment on account of principal, interest or sinking fund by reason of any provision of this Article Thirteen shall not be construed as preventing the occurrence of an Event of Default under Section 501.

Appears in 2 contracts

Samples: Plains E&p Co, Plains Exploration & Production Co

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Article Thirteen Not to Prevent Events of Default. The failure to make a payment on account of principal, interest or sinking fund pursuant to the Securities by reason of any provision of in this Article Thirteen shall not be construed as preventing the occurrence of a default, a Default or an Event of Default under Section 501Default.

Appears in 2 contracts

Samples: Chittenden Corp /Vt/, Dain Rauscher Corp

Article Thirteen Not to Prevent Events of Default. The failure to make a payment on account of principalpursuant to the Securities or the coupons, interest or sinking fund if any, appertaining thereto, by reason of any provision of in this Article Thirteen shall not be construed as preventing the occurrence of a Default or an Event of Default under Section 501Default.

Appears in 1 contract

Samples: Indenture (American Standard Companies Inc)

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Article Thirteen Not to Prevent Events of Default. The failure to make a payment on account of principal, principal or interest or sinking fund by reason of any provision of in this Article Thirteen shall not be construed as preventing the occurrence of an Event of Default under Section 501.

Appears in 1 contract

Samples: Indenture (Bec Group Inc)

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