Not To Prevent Events of Default or Limit Right To Accelerate. The failure to make a payment in respect of the Securities by reason of any provision in this Article 7 shall not be construed as preventing the occurrence of a Default or Event of Default. Nothing in this Article 7 shall have any effect on the right of the Holders or the Trustee to accelerate the maturity of the Securities.
Appears in 1 contract
Sources: Indenture (Homco Puerto Rico Inc)
Not To Prevent Events of Default or Limit Right To Accelerate. The failure to make a payment in respect of relating to the Securities Guarantee Obligations by reason of any provision in this Article 7 14 shall not be construed as preventing the occurrence of a Default or Event of Default. Nothing in this Article 7 14 shall have any effect on the right of the Holders or the Trustee to accelerate the maturity of the Securities.
Appears in 1 contract
Sources: Indenture (Actuant Corp)
Not To Prevent Events of Default or Limit Right To Accelerate. The failure to make a payment in respect of the Securities by reason of any provision in this Article 7 12 shall not be construed as preventing the occurrence of a Default or Event of Default. Nothing in this Article 7 12 shall have any effect on the right of the Holders or the Trustee to enforce any Subsidiary Guarantee or to accelerate the maturity of the Securities.
Appears in 1 contract
Sources: Indenture (Homco Puerto Rico Inc)