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

Article XI Not to Prevent Events of Default. The failure to make a payment on account of principal of, premium, if any, or interest (or Liquidated Damages, if any) on the Notes by reason of any provision of this Article XI shall not be construed as preventing the occurrence of a Default or an Event of Default under Section 6.1 or in any way limit the rights of the Trustee or any Holder to pursue any other rights or remedies with respect to the Notes.

Appears in 2 contracts

Samples: Bio Rad Laboratories Inc, Panolam Industries Inc

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Article XI Not to Prevent Events of Default. The failure to make a payment on account of principal of, premium, if any, or interest (or Liquidated Damages, if any) on the Notes Securities by reason of any provision of this Article XI shall not be construed as preventing the occurrence of a Default or an Event of Default under Section 6.1 or in any way limit the rights of the Trustee or any Holder Securityholder to pursue any other rights or remedies with respect to the NotesSecurities.

Appears in 1 contract

Samples: Revolving Credit Agreement (HPSC Inc)

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Article XI Not to Prevent Events of Default. The failure to make a payment on account of principal of, of and premium, if any, or and interest (or Liquidated Damages, if any) on the Notes Securities by reason of any provision of this Article XI shall not be construed as preventing the occurrence of a Default or an Event of Default under Section 6.1 or in any way limit prevent the rights of Holders from exercising any right hereunder other than the Trustee or any Holder right to pursue any other rights or remedies with respect to receive payment on the NotesSecurities.

Appears in 1 contract

Samples: Parker Drilling Co /De/

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