Common use of Other Events of Default Clause in Contracts

Other Events of Default. Notwithstanding anything to the contrary herein, if the Company elects to pay Special Interest with respect to any Reporting Event of Default, the Company’s election will not affect the rights of the Holder with respect to any other Event of Default, including with respect to any other Reporting Event of Default; provided, that, for the avoidance of doubt, in no event will the Company be obligated to pay Special Interest at a rate greater than 0.50% per annum on the principal amount of this Note.

Appears in 6 contracts

Samples: Xtant Medical Holdings, Inc., Xtant Medical Holdings, Inc., Xtant Medical Holdings, Inc.

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Other Events of Default. Notwithstanding anything to the contrary herein, if the Company elects to pay the Special Interest with respect to any Reporting Event of Default, the Company’s election will not affect the rights of the any Holder with respect to any other Event of Default, including with respect to any other Reporting Event of Default; provided, that, for the avoidance of doubt, in no event will the Company be obligated to pay the Special Interest Interest, together with Additional Interest, at a rate greater than 0.50% per annum on the principal amount of this Notethen outstanding Notes.

Appears in 2 contracts

Samples: Indenture (Par Technology Corp), Indenture (Par Technology Corp)

Other Events of Default. Notwithstanding anything to the contrary herein, if the Company elects to pay the Special Interest with respect to any Reporting Event of Default, the Company’s election will not affect the rights of the any Holder with respect to any other Event of Default, including with respect to any other Reporting Event of Default; provided, that, for . For the avoidance of doubt, in no event will the Company be obligated to pay the Special Interest at a rate greater than 0.50% per annum on the principal amount of this Notethen outstanding Notes, regardless of the number of events or circumstances giving rise to requirements to pay such Special Interest.

Appears in 2 contracts

Samples: Second Supplemental Indenture (Vector Group LTD), Indenture (ZaZa Energy Corp)

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Other Events of Default. Notwithstanding anything to the contrary herein, if the Company elects to pay Special the Additional Interest with respect to any Reporting Event of Default, the Company’s election will not affect the rights of the any Holder with respect to any other Event of Default, including with respect to any other Reporting Event of Default; provided, that, for the avoidance of doubt, in no event will the Company be obligated to pay Special Interest at a rate greater than 0.50% per annum on the principal amount of this Note.

Appears in 1 contract

Samples: First Supplemental Indenture (Par Technology Corp)

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