Common use of Event of Default Not Affected Clause in Contracts

Event of Default Not Affected. Notwithstanding the foregoing in this Paragraph 3, the failure of the Company to timely pay, according to the terms of this Note other than this Paragraph 3, any amount payable on such other terms shall constitute an Event of Default hereunder.

Appears in 5 contracts

Samples: Note Agreement (General Environmental Management, Inc), Note Agreement (General Environmental Management, Inc), Note Purchase Agreement (General Environmental Management, Inc)

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Event of Default Not Affected. Notwithstanding the foregoing in this Paragraph 34, the failure of the Company to timely pay, according to the terms of this Note other than this Paragraph 34, any amount payable on such other terms shall constitute an Event of Default hereunder.

Appears in 5 contracts

Samples: Note Agreement (General Environmental Management, Inc), Note Purchase Agreement (General Environmental Management, Inc), Note Agreement (General Environmental Management, Inc)

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