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 its Obligations. Nothing in this Article 12 shall have any effect on the right of the Securityholders or the Trustee to make a demand for payment on a Subsidiary Guarantor pursuant to Article 11.
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Samples: Indenture (Ta Operating Corp), Argo Tech Corp
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 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 its Obligationssuch obligations. Nothing Except as provided in Section 12.04, nothing in this Article 12 shall have any effect on the right of the Securityholders Holders or the Trustee to make a demand for payment on a Subsidiary Guarantor pursuant to Article 11.
Appears in 1 contract
Samples: Wki Holding Co Inc
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 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 its Obligationssuch obligations. Nothing in this Article 12 shall have any effect on the right of the Securityholders or the Trustee to make a demand for payment on a Subsidiary Guarantor pursuant to Article 11.
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