Common use of Not To Prevent Events of Default or Limit Right To Accelerate Clause in Contracts

Not To Prevent Events of Default or Limit Right To Accelerate. The failure of a Guarantor to make a payment on any of its obligations by reason of any provision in this Article 12 shall not be construed as preventing the occurrence of a default by such Guarantor under such obligations. Nothing in this Article 12 shall have any effect on the right of the Holders or the Trustee to make a demand for payment on a Guarantor pursuant to Article 11.

Appears in 6 contracts

Samples: Indenture (Berry Plastics Holding Corp), Tia Indenture (TRW Automotive Inc), Tia Indenture (TRW Automotive Inc)

AutoNDA by SimpleDocs

Not To Prevent Events of Default or Limit Right To Accelerate. The failure of a Subsidiary Guarantor to make a payment on any of its obligations by reason of any provision in this Article 12 shall not be construed as preventing the occurrence of a default by such Subsidiary Guarantor under such obligations. Nothing in this Article 12 shall have any effect on the right of the Holders or the Trustee to make a demand for payment on a Subsidiary Guarantor pursuant to Article 11.

Appears in 5 contracts

Samples: Supplemental Indenture (Dex Media Inc), Supplemental Indenture (Dex Media International Inc), Dex Media Inc

Not To Prevent Events of Default or Limit Right To Accelerate. The failure of a Guarantor to make a payment on any of its obligations by reason of any provision in this Article 12 shall not be construed as preventing the occurrence of a default by such Guarantor under such obligations. Nothing in this Article 12 shall have any effect on the right of the Holders Securityholders or the Trustee to make a demand for payment on a Guarantor pursuant to Article 11.

Appears in 4 contracts

Samples: Volume Services America Inc, Volume Services America Inc, Volume Services America Holdings Inc

Not To Prevent Events of Default or Limit Right To Accelerate. The failure of a Guarantor to make a payment on any of its obligations by reason of any provision in this Article 12 11 shall not be construed as preventing the occurrence of a default by such Guarantor under such obligations. Nothing in this Article 12 11 shall have any effect on the right of the Holders or the Trustee to make a demand for payment on a Guarantor pursuant to Article 1110.

Appears in 1 contract

Samples: Indenture (American Seafoods Corp)

AutoNDA by SimpleDocs

Not To Prevent Events of Default or Limit Right To Accelerate. The failure of a Guarantor to make a payment on any of its obligations Obligations under its Security Guarantee by reason of any provision in this Article 12 shall not be construed as preventing the occurrence of a default by such Guarantor under such obligationsits Security Guarantee. Nothing in this Article 12 shall have any effect on the right of the Holders Securityholders or the Trustee to make a demand for payment on a Guarantor pursuant to this Article 1112.

Appears in 1 contract

Samples: Indenture (Univar Inc.)

Not To Prevent Events of Default or Limit Right To Accelerate. The failure of a the Guarantor to make a payment on any of its obligations pursuant to this Indenture and the Guarantee by reason of any provision in this Article 12 13 shall not be construed as preventing the occurrence of a default by such the Guarantor under such obligations. Nothing in this Article 12 13 shall have any effect on the right of the Holders or the Trustee to make a demand for payment on a the Guarantor pursuant to Article 1112.

Appears in 1 contract

Samples: Indenture (Restoration Hardware Holdings Inc)

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