Common use of Non-Bankruptcy or Deferral of Interest Defaults Clause in Contracts

Non-Bankruptcy or Deferral of Interest Defaults. When any Event of Default other than those set forth in Subsection 4.1(f) has occurred and is continuing, the Majority Holders may, by written notice to the Company, enforce any and all rights and remedies available to the Holders under the Transaction Documents or applicable law; provided, however, the Holders may not accelerate payment of the principal of, or the accrued interest on, the Senior Notes.

Non-Bankruptcy or Deferral of Interest Defaults. When any Event of Default other than those set forth in Subsection 4.1(f) has occurred and is continuing, the Majority Holders may, by written notice to the Company, enforce any and all rights and remedies available to the Holders under the Transaction Documents or applicable law; provided, however, the Holders may not accelerate payment of the principal of, or the accrued interest on, the Senior Notes.Notes.‌

Non-Bankruptcy or Deferral of Interest Defaults. When any Event of Default other than those set forth in Subsection 4.1(f) has occurred and is continuing, the Majority Holders may, by written notice to the Company, enforce any and all rights and remedies available to the Holders under the Transaction Documents or applicable law; provided, however, the Holders may not accelerate payment of the principal of, or the accrued interest on, the Senior Notes, except as provided in Subsection 4.2(c).