Common use of Section Not to Prevent Events of Default Clause in Contracts

Section Not to Prevent Events of Default. The failure to make a payment on account of principal of or interest on or other amounts constituting Subordinated Indebtedness by reason of any provision of this Section 4 shall not be construed as preventing the occurrence of an event of Default under Section 3.

Section Not to Prevent Events of Default. The failure to make a payment on account of principal of or interest on or other amounts constituting Subordinated Indebtedness by reason of any provision of this Section 4 16 shall not be construed as preventing the occurrence of an event Event of Default under Section 312.

Section Not to Prevent Events of Default. The failure to make a payment on account of principal of or interest on or other amounts constituting Subordinated Indebtedness the Obligations by reason of any provision of this Section 4 shall not be construed as preventing the occurrence of an event Event of Default under Section 3.

Section Not to Prevent Events of Default. The failure to make a ---------------------------------------- payment on account of principal of or interest on or other amounts constituting Subordinated Indebtedness Obligations by reason of any provision of this Section 4 shall not --------- be construed as preventing the occurrence of an Event of Default hereunder or a default or event of Default default under Section 3or in respect of the Notes or any other document or instrument evidencing any of the Subordinated Obligations.