Common use of Default and Enforcement Clause in Contracts

Default and Enforcement. If any Subsidiary Guarantor fails to pay in accordance with Section 12.6 hereof, the Trustee may proceed in its name as trustee under this Indenture in the enforcement of the Subsidiary Guarantee of any such Subsidiary Guarantor and such Subsidiary Guarantor’s obligations thereunder and under this Indenture by any remedy provided by law, whether by legal proceedings or otherwise, and to recover from such Subsidiary Guarantor its obligations thereunder and under this Indenture.

Appears in 9 contracts

Samples: Indenture (Chaparral Energy, Inc.), Indenture (Chaparral Energy, Inc.), Indenture (Chaparral Energy, Inc.)

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Default and Enforcement. If any Subsidiary Guarantor fails to pay in accordance with Section 12.6 hereof6.01, the Trustee may proceed in its name as trustee under this Indenture hereunder in the enforcement of the Subsidiary Guarantee guarantee of any such Subsidiary Guarantor and such Subsidiary Guarantor’s obligations thereunder and under this Indenture hereunder by any remedy provided by law, whether by legal proceedings or otherwise, and to recover from such Subsidiary Guarantor its obligations thereunder and under this Indenturethe obligations.

Appears in 4 contracts

Samples: Ninth Supplemental Indenture (Ryland Group Inc), Eighth Supplemental Indenture (Ryland Group Inc), Seventh Supplemental Indenture (Ryland Group Inc)

Default and Enforcement. If any Subsidiary Guarantor fails to pay in accordance with Section 12.6 12.01 hereof, the Trustee may proceed in its name as trustee under this Indenture hereunder in the enforcement of the Subsidiary Guarantee of any such Subsidiary Guarantor and such Subsidiary Guarantor’s 's obligations thereunder and under this Indenture hereunder by any remedy provided by law, whether by legal proceedings or otherwise, and to recover from such Subsidiary Guarantor its obligations thereunder and under this Indenturethe obligations.

Appears in 3 contracts

Samples: Indenture (Atc Group Services Inc /De/), Indenture (3003969 Nova Scotia LTD), Indenture (Safety Components Fabric Technologies Inc)

Default and Enforcement. If Subject to Section 12.01(c), if any Subsidiary Guarantor fails to pay in accordance with Section 12.6 11.06 hereof, the Trustee may proceed in its name as trustee under this Indenture hereunder in the enforcement of the Subsidiary Guarantee of any such Subsidiary Guarantor and such Subsidiary Guarantor’s 's obligations thereunder and under this Indenture hereunder by any remedy provided by law, whether by legal proceedings or otherwise, and to recover from such Subsidiary Guarantor its obligations thereunder and under this Indenturethe obligations.

Appears in 2 contracts

Samples: Indenture (Canadian Abraxas Petroleum LTD), Indenture (Canadian Abraxas Petroleum LTD)

Default and Enforcement. If any Subsidiary Guarantor fails to pay in accordance with Section 12.6 11.06 hereof, the Trustee may proceed in its name as trustee under this Indenture hereunder in the enforcement of the Subsidiary Guarantee of any such Subsidiary Guarantor and such Subsidiary Guarantor’s 's obligations thereunder and under this Indenture hereunder by any remedy provided by law, whether by legal proceedings or otherwise, and to recover from such Subsidiary Guarantor its obligations thereunder and under this Indenturethe obligations.

Appears in 2 contracts

Samples: Indenture (Armstrong Containers Inc), Indenture (Abraxas Petroleum Corp)

Default and Enforcement. If any Subsidiary Guarantor fails to pay in accordance with Section 12.6 hereof10.06, the Trustee may proceed in its name as trustee under this Indenture hereunder in the enforcement of the Subsidiary Guarantee of any such Subsidiary Guarantor and such Subsidiary Guarantor’s 's obligations thereunder and under this Indenture hereunder by any remedy provided by law, whether by legal proceedings or otherwise, and to recover from such Subsidiary Guarantor its obligations thereunder and under this Indenturethe obligations.

Appears in 2 contracts

Samples: Indenture (Penn National Gaming Inc), Indenture (Sitel Corp)

Default and Enforcement. If any Subsidiary Guarantor fails to pay in accordance with Section 12.6 12.06 hereof, the Trustee may proceed in its name as trustee under this Indenture hereunder in the enforcement of the Subsidiary Guarantee of any such Subsidiary Guarantor and such Subsidiary Guarantor’s 's obligations thereunder and under this Indenture hereunder by any remedy provided by law, whether by legal proceedings or otherwise, and to recover from such Subsidiary Guarantor its obligations thereunder and under this Indenturethe obligations.

Appears in 2 contracts

Samples: Indenture (Magnum Hunter Resources Inc), Indenture (Magnum Hunter Resources Inc)

Default and Enforcement. If any Subsidiary Guarantor fails to pay in accordance comply with Section 12.6 11.06 hereof, the Trustee may proceed in its name as trustee under this Indenture hereunder in the enforcement of the Subsidiary Guarantee and its Subsidiary Security Agreement of any such Subsidiary Guarantor and such Subsidiary Guarantor’s obligations 's Obligations thereunder and under this Indenture hereunder by any remedy provided by law, whether by legal proceedings or otherwise, and to recover from such Subsidiary Guarantor its obligations thereunder and the Company's Obligations under this IndentureIndenture and the Notes.

Appears in 1 contract

Samples: Indenture (Discovery Zone Inc)

Default and Enforcement. If any Subsidiary Guarantor fails to pay in accordance with Section 12.6 hereof12.6, the Trustee may proceed in its name as trustee under this Indenture hereunder in the enforcement of the Subsidiary Note Guarantee of any such Subsidiary Guarantor and such Subsidiary Guarantor’s obligations thereunder and under this Indenture hereunder by any remedy provided by law, whether by legal proceedings or otherwise, and to recover from such Subsidiary Guarantor its obligations thereunder and under this Indenturethe Note Obligations.

Appears in 1 contract

Samples: Indenture (Verasun Energy Corp)

Default and Enforcement. If any Subsidiary Guarantor fails to pay in accordance with Section 12.6 hereof12.6, the Trustee may proceed in its name as trustee under this Indenture hereunder in the enforcement of the Subsidiary Note Guarantee of any such Subsidiary Guarantor and such Subsidiary Guarantor’s 's obligations thereunder and under this Indenture hereunder by any remedy provided by law, whether by legal proceedings or otherwise, and to recover from such Subsidiary Guarantor its obligations thereunder and under this Indenturethe Note Obligations.

Appears in 1 contract

Samples: Indenture (Verasun Energy Corp)

Default and Enforcement. If any Subsidiary Guarantor fails to pay in accordance with Section 12.6 12.05 hereof, the Trustee may proceed in its name as trustee under this Indenture hereunder in the enforcement of the Subsidiary Guarantee of any such Subsidiary Guarantor and such Subsidiary Guarantor’s 's obligations thereunder and under this Indenture hereunder by any remedy provided by law, whether by legal proceedings or otherwise, and to recover from such Subsidiary Guarantor its obligations thereunder and under this Indenturethe Guaranteed Obligations.

Appears in 1 contract

Samples: Indenture (Leitesol Industry & Commerce Inc.)

Default and Enforcement. If any Subsidiary Guarantor fails to pay in accordance comply with Section 12.6 11.06 hereof, the Trustee may proceed in its name as trustee under this Indenture hereunder in the enforcement of the Subsidiary Guarantee and the Pledge and Security Agreement of any such Subsidiary Guarantor and such Subsidiary Guarantor’s obligations 's Obligations thereunder and under this Indenture hereunder by any remedy provided by law, whether by legal proceedings or otherwise, and to recover from such Subsidiary Guarantor its obligations thereunder and the Company's Obligations under this IndentureIndenture and the Notes.

Appears in 1 contract

Samples: Indenture (New World Coffee Manhattan Bagel Inc)

Default and Enforcement. If any Subsidiary Guarantor fails to pay in accordance with Section 12.6 hereof11.6, the Trustee may proceed in its name as trustee under this Indenture hereunder in the enforcement of the Subsidiary Guarantee of any such Subsidiary Guarantor and such Subsidiary Guarantor’s obligations thereunder and under this Indenture hereunder by any remedy provided by law, whether by legal proceedings or otherwise, and to recover from such Subsidiary Guarantor its obligations thereunder and under this Indenturethe obligations.

Appears in 1 contract

Samples: Indenture (Aventine Renewable Energy Holdings Inc)

Default and Enforcement. If any Subsidiary Guarantor fails to pay in accordance with Section 12.6 11.6 hereof, the Trustee may proceed in its name as trustee under this Third Supplemental Indenture in the enforcement of the Subsidiary Guarantee of any such Subsidiary Guarantor and such Subsidiary Guarantor’s obligations thereunder and under this Third Supplemental Indenture by any remedy provided by law, whether by legal proceedings or otherwise, and to recover from such Subsidiary Guarantor its obligations thereunder and under this Third Supplemental Indenture.

Appears in 1 contract

Samples: Third Supplemental Indenture (Rosetta Resources Inc.)

Default and Enforcement. If any Subsidiary Guarantor fails to pay in accordance with Section 12.6 hereof10.06, the Trustee may proceed in its name as trustee under this Indenture hereunder in the enforcement of the Subsidiary Note Guarantee of any such Subsidiary Guarantor and such Subsidiary Guarantor’s 's obligations thereunder and under this Indenture hereunder by any remedy provided by law, whether by legal proceedings or otherwise, and to recover from such Subsidiary Guarantor its obligations thereunder and under this Indenturethe obligations.

Appears in 1 contract

Samples: Indenture (Power Ten)

Default and Enforcement. If any Subsidiary Guarantor fails to pay in accordance comply with Section 12.6 10.17 hereof, the Trustee may proceed in its name as trustee under this Indenture hereunder in the enforcement of the Subsidiary Guarantee of any such Subsidiary Guarantor and such Subsidiary Guarantor’s obligations thereunder and under this Indenture 's Obligations hereunder by any remedy provided by law, whether by legal proceedings or otherwise, and to recover from such Subsidiary Guarantor its obligations thereunder and the Company's Obligations under this IndentureIndenture and the Notes.

Appears in 1 contract

Samples: Indenture (CSS Trade Names Inc)

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Default and Enforcement. If any Subsidiary Guarantor fails to pay in accordance with Section 12.6 11.01 hereof, the Trustee may proceed in its name as trustee under this Indenture hereunder in the enforcement of the Subsidiary Guarantee of any such Subsidiary Guarantor and such Subsidiary Guarantor’s 's obligations thereunder and under this Indenture hereunder by any remedy provided by law, whether by legal proceedings or otherwise, and to recover from such Subsidiary Guarantor its obligations thereunder and under this Indenturethe obligations.

Appears in 1 contract

Samples: Indenture (Sickinger Co)

Default and Enforcement. If any Subsidiary Guarantor fails to pay in accordance with Section 12.6 11.6 hereof, the Trustee may proceed in its name as trustee under this Second Supplemental Indenture in the enforcement of the Subsidiary Guarantee of any such Subsidiary Guarantor and such Subsidiary Guarantor’s obligations thereunder and under this Second Supplemental Indenture by any remedy provided by law, whether by legal proceedings or otherwise, and to recover from such Subsidiary Guarantor its obligations thereunder and under this Second Supplemental Indenture.

Appears in 1 contract

Samples: Second Supplemental Indenture (Rosetta Resources Inc.)

Default and Enforcement. If any Subsidiary Guarantor fails to pay in accordance comply with Section 12.6 11.06 hereof, the Trustee may proceed in its name as trustee under this Indenture hereunder in the enforcement of the Subsidiary Guarantee and its Subsidiary Security Agreement of any such Subsidiary Guarantor and such Subsidiary Guarantor’s obligations 's Obligations thereunder and under this Indenture hereunder by any remedy provided by law, whether by legal proceedings or otherwise, and to recover from such Subsidiary Guarantor its obligations thereunder and under this Indenture.by

Appears in 1 contract

Samples: Indenture (Discovery Zone Inc)

Default and Enforcement. If any Subsidiary Guarantor fails to pay in accordance comply with Section 12.6 11.06 hereof, the Trustee may proceed in its name as trustee under this Indenture hereunder in the enforcement of the Subsidiary Guarantee and the Pledge and Security Agreement of any such Subsidiary Guarantor and such Subsidiary Guarantor’s obligations Obligations thereunder and under this Indenture hereunder by any remedy provided by law, whether by legal proceedings or otherwise, and to recover from such Subsidiary Guarantor its obligations thereunder and the Company’s Obligations under this IndentureIndenture and the Notes.

Appears in 1 contract

Samples: Indenture (New World Restaurant Group Inc)

Default and Enforcement. If any Subsidiary Guarantor fails to pay in accordance with Section 12.6 12.06 hereof, the Trustee may proceed in its name as trustee under this Indenture hereunder in the enforcement of the Subsidiary Guarantee of any such Subsidiary Guarantor and such Subsidiary Guarantor’s obligations 's Obligations thereunder and under this Indenture hereunder by any remedy provided by law, whether by legal proceedings or otherwise, and to recover from such Subsidiary Guarantor its obligations thereunder and the Company's Obligations under this IndentureIndenture and the Notes.

Appears in 1 contract

Samples: Indenture (XCL LTD)

Default and Enforcement. If any Subsidiary Guarantor fails to pay in accordance with Section 12.6 11.6 hereof, the Trustee may proceed in its name as trustee under this First Supplemental Indenture in the enforcement of the Subsidiary Guarantee of any such Subsidiary Guarantor and such Subsidiary Guarantor’s obligations thereunder and under this First Supplemental Indenture by any remedy provided by law, whether by legal proceedings or otherwise, and to recover from such Subsidiary Guarantor its obligations thereunder and under this First Supplemental Indenture.

Appears in 1 contract

Samples: First Supplemental Indenture (Rosetta Resources Inc.)

Default and Enforcement. If any Subsidiary Guarantor fails to pay in accordance with Section 12.6 hereof10.01, the Trustee may proceed in its name as trustee under this Indenture Trustee hereunder in the enforcement of the Subsidiary Guarantee of any such Subsidiary Guarantor and such Subsidiary Guarantor’s obligations thereunder and under this Indenture Obligations hereunder by any remedy provided by law, whether by legal proceedings or otherwise, and to recover from such Subsidiary Guarantor its obligations thereunder and the Obligations under this Indenture.

Appears in 1 contract

Samples: Indenture (Revlon Inc /De/)

Default and Enforcement. If any Subsidiary Guarantor fails to pay in accordance with Section 12.6 11.06 hereof, the Trustee may proceed in its name as trustee under this Indenture hereunder in the enforcement of the Subsidiary Guarantee of any such Subsidiary Guarantor and such Subsidiary Guarantor’s obligations thereunder and under this Indenture hereunder by any remedy provided by law, whether by legal proceedings or otherwise, and to recover from such Subsidiary Guarantor its obligations thereunder and under this Indenturethe obligations.

Appears in 1 contract

Samples: Indenture (Magnum Hunter Resources Inc)

Default and Enforcement. If any Subsidiary Guarantor fails to pay in accordance with Section 12.6 hereof10.6, the Trustee may proceed in its name as trustee under this Indenture hereunder in the enforcement of the Subsidiary Guarantee of any such Subsidiary Guarantor and such Subsidiary Guarantor’s obligations thereunder and under this Indenture hereunder by any remedy provided by law, whether by legal proceedings or otherwise, and to recover from such Subsidiary Guarantor its obligations thereunder and under this Indenturethe obligations.

Appears in 1 contract

Samples: Indenture (Aventine Renewable Energy Holdings Inc)

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