Section 6 Not To Prevent Events of Default. The failure to make a payment of any Amount Payable by reason of any provision of this Section 6 shall not be construed as preventing the occurrence of an Event of Default under Section 5.1 hereof, except as provided in Section 6.2(b).
Appears in 2 contracts
Samples: Non Negotiable Subordinated Note (Jordan Industries Inc), Non Negotiable Subordinated Note (Jordan Industries Inc)
Section 6 Not To Prevent Events of Default. The failure to make a ------------------------------------------ payment of any Amount Amounts Payable by reason of any provision of this Section 6 shall not be construed as preventing the occurrence of an Event of Default under Section 5.1 hereof, except as provided in Section 6.2(b).
Appears in 2 contracts
Samples: Non Negotiable Subordinated Note (Motors & Gears Inc), Non Negotiable Subordinated Note (Motors & Gears Inc)
Section 6 Not To Prevent Events of Default. The failure to make a payment on account of any Amount Payable principal of or interest on the Notes by reason of any provision of this Section 6 shall will not be construed as preventing the occurrence of an Event of Default under Section 5.1 hereof, except as provided in Section 6.2(b)Default.
Appears in 1 contract
Samples: Securities Purchase Agreement (Morgan Stanley Dean Witter & Co)
Section 6 Not To Prevent Events of Default. The failure to make a payment of any Amount Amounts Payable by reason of any provision of this Section 6 shall not be construed as preventing the occurrence Occurrence of an Event of Default under Section 5.1 hereof, except as provided in Section 6.2(b).
Appears in 1 contract
Section 6 Not To Prevent Events of Default. The failure to make a ------------------------------------------ payment of any Amount Payable by reason of any provision of this Section 6 shall not be construed as preventing the occurrence of an Event of Default under Section 5.1 hereof, except as provided in Section 6.2(b).
Appears in 1 contract
Samples: Non Negotiable Subordinated Note (Motors & Gears Inc)
Section 6 Not To Prevent Events of Default. The failure ------------------------------------------ to make a payment of any Amount Amounts Payable by reason of any provision of this Section 6 shall not be construed as preventing the occurrence of an Event of Default under Section 5.1 hereof, except as provided in Section 6.2(b).
Appears in 1 contract
Samples: Non Negotiable Subordinated Note (Motors & Gears Inc)
Section 6 Not To Prevent Events of Default. The failure to make a payment of any Amount Payable by reason of any provision of this Section 6 shall not be construed as preventing the occurrence of an Event of Default under Section 5.1 hereof, except the failure to pay as provided in a result of Section 6.2(b)) shall not be an Event of Default under Section 5.1.
Appears in 1 contract
Samples: Non Negotiable Subordinated Note (Jordan Industries Inc)