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: Seventh Supplemental Indenture (Detroit Edison Co), Seventh Supplemental Indenture (Detroit Edison Co), Sixth Supplemental Indenture (Detroit Edison Co)

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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: Supplemental Indenture (Detroit Edison Trust I), Supplemental 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: Fourth Supplemental Indenture (Detroit Edison Co)

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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: Supplemental Indenture (Dte Energy Co)

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