Common use of Article 12 Not to Prevent Events of Default or Limit Right to Accelerate Clause in Contracts

Article 12 Not to Prevent Events of Default or Limit Right to Accelerate. The failure to make a payment pursuant to the Notes by reason of any provision in this Article 12 shall not be construed as preventing the occurrence of a Default. Nothing in this Article 12 shall have any effect on the right of the Holders or the Trustee to accelerate the maturity of the Notes.

Appears in 3 contracts

Samples: Supplemental Indenture (Infosat Communications LP), Indenture (Memc Electronic Materials Inc), Indenture (Memc Electronic Materials Inc)

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Article 12 Not to Prevent Events of Default or Limit Right to Accelerate. The failure to make a payment pursuant to the Notes Securities by reason of any provision in this Article 12 shall not be construed as preventing the occurrence of a Default. Nothing in this Article 12 shall have any effect on the right of the Holders or the Trustee to accelerate the maturity of the NotesSecurities.

Appears in 2 contracts

Samples: Fourth Supplemental Indenture (Boart Longyear Suisse Sarl), Fourth Supplemental Indenture (Boart Longyear LTD)

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Article 12 Not to Prevent Events of Default or Limit Right to Accelerate. The failure to make a payment pursuant to the Notes or any Guarantee by reason of any provision in this Article 12 shall not be construed as preventing the occurrence of a Default. Nothing in this Article 12 shall have any effect on the right of the Holders or the Trustee to accelerate the maturity of the Notes.

Appears in 1 contract

Samples: Supplemental Indenture (Rural Metro Corp /De/)

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