Not to Prevent Events of Default. The failure to make a payment on account of principal of or interest on the Notes by reason of any provision of Section 5 will not be construed as preventing the occurrence of an Event of Default.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Frontstep Inc), Securities Purchase Agreement (Frontstep Inc), Securities Purchase Agreement (Frontstep Inc)
Not to Prevent Events of Default. The failure to make a payment on account of principal of or interest or Liquidated Damages, if any, on the Notes by reason of any provision of Section 5 will in this Article 6 shall not be construed as preventing the occurrence of an any Event of DefaultDefault under Section 5.01.
Appears in 3 contracts
Samples: Supplemental Indenture (Hovnanian Enterprises Inc), Supplemental Indenture (Hovnanian Enterprises Inc), Hovnanian Enterprises Inc
Not to Prevent Events of Default. The failure to make a payment on account of principal of or interest on the Notes by reason of any provision of Section 5 6 will not be construed as preventing the occurrence of an Event of Default.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Frontstep Inc), Securities Purchase Agreement (Frontstep Inc)
Not to Prevent Events of Default. The failure to make a payment on account Payment of principal of or interest on the Notes by reason of any provision of Section in this Article 5 will shall not be construed as preventing the occurrence of an Event of DefaultDefault under Section 7.01 of this First Supplemental Indenture or under Section 6.01 of the Indenture.
Appears in 2 contracts
Samples: First Supplemental Indenture (Natural Microsystems Corp), Natural Microsystems Corp
Not to Prevent Events of Default. The failure to make a payment on account of principal of or interest on the Notes by reason of any provision of in this Section 5 will 3 shall not be construed as preventing the occurrence of an Event of DefaultDefault under Section 5.
Appears in 1 contract
Samples: Dynamic Materials Corp
