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

Not To Prevent Events of Default or Limit Right To Demand Payment. The failure to make a payment pursuant to a Guarantee by reason of any provision in this Article 12 shall not be construed as preventing the occurrence of a Default. 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 Holdings or any Guarantor pursuant to its Guarantee.

Appears in 12 contracts

Samples: Indenture (TransDigm Group INC), Indenture (TransDigm Group INC), TransDigm Group INC

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Not To Prevent Events of Default or Limit Right To Demand Payment. The failure to make a payment pursuant to a Guarantee by reason of any provision in this Article 12 shall not be construed as preventing the occurrence of a Default. 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 Holdings or any Guarantor pursuant to its Guarantee.

Appears in 4 contracts

Samples: Indenture (Daramic, LLC), Indenture (Polypore International, Inc.), Indenture (Polypore International, Inc.)

Not To Prevent Events of Default or Limit Right To Demand Payment. The failure of Holdings to make a payment pursuant to a the Holdings Guarantee by reason of any provision in this Article 12 shall not be construed as preventing the occurrence of a Defaultdefault by Holdings under the Holdings Guarantee. 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 Holdings or any Guarantor pursuant to its GuaranteeArticle 11.

Appears in 3 contracts

Samples: Indenture (Realogy Group LLC), Indenture (Realogy Group LLC), Indenture (Realogy Group LLC)

Not To Prevent Events of Default or Limit Right To Demand Payment. The failure to make a any payment pursuant to a Guarantee by reason of any provision in this Article 12 shall not be construed as preventing the occurrence of a Default. 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 Holdings or any Guarantor pursuant to its Guarantee.

Appears in 3 contracts

Samples: Supplemental Indenture (Jarden Corp), Supplemental Indenture (Jarden Corp), Central Garden & Pet Co

Not To Prevent Events of Default or Limit Right To Demand Payment. The failure to make a any payment pursuant to a Guarantee by reason of any provision in this Article 12 13 shall not be construed as preventing the occurrence of a Default. 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 Holdings or any Guarantor pursuant to its Guarantee.

Appears in 2 contracts

Samples: Jarden Corp, Jarden Corp

Not To Prevent Events of Default or Limit Right To Demand Payment. The failure of a Guarantor to make a payment pursuant to a its Guarantee by reason of any provision in this Article 12 shall not be construed as preventing the occurrence of a Defaultdefault by such Guarantor under its Guarantee. 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 Holdings or any a Guarantor pursuant to its GuaranteeArticle 11 hereof.

Appears in 2 contracts

Samples: Indenture (Michaels Stores Inc), Subordinated Notes Indenture (American Tire Distributors Holdings, Inc.)

Not To Prevent Events of Default or Limit Right To Demand Payment. The failure of a Guarantor to make a payment pursuant to a its Guarantee by reason of any provision in this Article 12 13 shall not be construed as preventing the occurrence of a Defaultdefault by such Guarantor under its Guarantee. 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 Holdings or any a Guarantor pursuant to its GuaranteeArticle 10 hereof.

Appears in 2 contracts

Samples: Fourth Supplemental Indenture (Boart Longyear Suisse Sarl), Fourth Supplemental Indenture (Boart Longyear LTD)

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Not To Prevent Events of Default or Limit Right To Demand Payment. The failure to make a payment pursuant to a Subsidiary Guarantee by reason of any provision in this Article 12 14 shall not be construed as preventing the occurrence of a Default. Nothing in this Article 12 14 shall have any effect on the right of the Holders Noteholders or the Trustee to make a demand for payment on Holdings or any Guarantor pursuant to its Subsidiary Guarantee.

Appears in 2 contracts

Samples: Second Supplemental Indenture (Whiting Petroleum Corp), First Supplemental Indenture (Whiting Petroleum Corp)

Not To Prevent Events of Default or Limit Right To Demand Payment. The failure of a Guarantor to make a payment pursuant to a its Guarantee by reason of any provision in this Article 12 14 shall not be construed as preventing the occurrence of a Defaultdefault by such Guarantor under its Guarantee. Nothing in this Article 12 14 shall have any effect on the right of the Holders or the Trustee to make a demand for payment on Holdings or any a Guarantor pursuant to its GuaranteeArticle 13 hereof.

Appears in 1 contract

Samples: Supplemental Indenture (Infosat Communications LP)

Not To Prevent Events of Default or Limit Right To Demand Payment. The failure to make a any payment pursuant to a Guarantee by reason of any provision in this Article 12 14 shall not be construed as preventing the occurrence of a Default. Nothing in this Article 12 14 shall have any effect on the right of the Holders or the Trustee to make a demand for payment on Holdings or any Guarantor pursuant to its Guarantee.

Appears in 1 contract

Samples: Indenture (Jarden Corp)

Not To Prevent Events of Default or Limit Right To Demand Payment. The failure to make a payment pursuant to a Guarantee by reason of any provision in this Article 12 shall not be construed as preventing the occurrence of a Default. 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 Holdings Holdings, the Company or any Guarantor pursuant to its Guarantee.

Appears in 1 contract

Samples: TransDigm Group INC

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