Common use of Inapplicability of Certain Events of Default Clause in Contracts

Inapplicability of Certain Events of Default. The Events of Default set forth in Sections 601(4) and 601(8) of the Original Indenture shall not apply to the QUIDS. The omission by the Company to pay interest on the QUIDS during a Deferral Period as permitted by Section 204 shall not constitute an Event of Default under Section 601 (1) of the Original Indenture. ARTICLE FOUR

Appears in 4 contracts

Samples: Indenture (Detroit Edison Co), Detroit Edison Co, Detroit Edison Co

AutoNDA by SimpleDocs

Inapplicability of Certain Events of Default. The Events of Default set forth in Sections 601(4) and 601(8) of the Original Indenture shall not apply to the QUIDS. The omission by the Company to pay interest on the QUIDS during a Deferral Period as permitted by Section 204 shall not constitute an Event of Default under Section 601 (1) of the Original Indenture. .] [ARTICLE FOURFOUR -- SUBORDINATED SECURITIES SUBORDINATION OF

Appears in 2 contracts

Samples: Indenture (Detroit Edison Trust I), Indenture (Detroit Edison Co)

Inapplicability of Certain Events of Default. The Events of Default set forth in Sections 601(4) and 601(8) of the Original Indenture shall not apply to the QUIDS. The omission by the Company to pay interest on the QUIDS during a Deferral Period as permitted by Section 204 shall not constitute an Event of Default under Section 601 (1601(1) of the Original Indenture. ARTICLE FOUR

Appears in 1 contract

Samples: Detroit Edison Co

AutoNDA by SimpleDocs

Inapplicability of Certain Events of Default. The Events of Default set forth in Sections 601(4) and 601(8) of the Original Indenture shall not apply to the QUIDS. The omission by the Company to pay interest on the QUIDS during a Deferral Period as permitted by Section 204 shall not constitute an Event of Default under Section 601 (1) of the Original Indenture. .] [ARTICLE FOUR

Appears in 1 contract

Samples: Dte Energy Co

Time is Money Join Law Insider Premium to draft better contracts faster.