Not To Prevent Events of Default or Limit Right To Demand Payment. The failure of a Guarantor to make a payment pursuant its Guarantee by reason of any provision in this Article 11 shall not be construed as preventing the occurrence of a default by such Guarantor under its Guarantee. Nothing in this Article 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 10 hereof.
Appears in 3 contracts
Samples: Indenture (Clear Channel Communications Inc), Indenture (CC Media Holdings Inc), Indenture (C C Media Holdings Inc)
Not To Prevent Events of Default or Limit Right To Demand Payment. The failure of a the Note Guarantor to make a payment pursuant its Guarantee by reason of any provision in this Article 11 shall not be construed as preventing the occurrence of a default by such the Note Guarantor under its Guarantee. Nothing in this Article 11 shall have any effect on the right of the Holders or the Trustee to make a demand for payment on a the Note Guarantor pursuant to this Article 10 hereof11.
Appears in 3 contracts
Samples: Pledge and Security Agreement (Centrus Energy Corp), Security Agreement (United States Enrichment Corp), Usec Inc
Not To Prevent Events of Default or Limit Right To Demand Payment. The failure of a Note Guarantor to make a payment pursuant to its Note Guarantee by reason of any provision in this Article 11 13 shall not be construed as preventing the occurrence of a default by such Note Guarantor under its Note Guarantee. Nothing in this Article 11 13 shall have any effect on the right of the Holders or the Trustee to make a demand for payment on a Note Guarantor pursuant to Article 10 11 hereof.
Appears in 1 contract
Samples: Indenture (Realogy Corp)