Common use of This Section Not To Prevent Events of Default Clause in Contracts

This Section Not To Prevent Events of Default. The failure to make a payment on account of principal of or accrued but unpaid interest (including Incremental Interest) on the Notes by reason of any provision of this Section 8 will not be construed as preventing the occurrence of an Event of Default.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Proxim Corp), Securities Purchase Agreement (Warburg Pincus Private Equity Viii L P)

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This Section Not To Prevent Events of Default. The failure to make a payment on account of the principal of of, or accrued but unpaid interest (including Incremental Interest) on the Notes on, this Note, by reason of any provision of this Section 8 2 will not be construed as preventing the occurrence of an Event of Default.

Appears in 1 contract

Samples: Master Services Agreement (CAMAC Energy Inc.)

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This Section Not To Prevent Events of Default. The failure to make a payment on account of principal of or accrued but unpaid interest (including Incremental Interest) on the Notes Obligations by reason of any provision of this Section 8 will Article X shall not be construed as preventing the occurrence of an Event of DefaultDefault specified in Section 7.01.

Appears in 1 contract

Samples: Senior Subordinated Credit Agreement (Lifepoint Hospitals, Inc.)

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