Section Not to Prevent Events of Default Sample Clauses

Section Not to Prevent Events of Default. The failure to make a payment on account of principal of or interest on or other amounts constituting Subordinated Indebtedness by reason of any provision of this Agreement shall not be construed as preventing the occurrence of an Event of Default under Article 11 of this Agreement.
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Section Not to Prevent Events of Default. The failure to make a payment on account of principal of or interest on or other amounts constituting Subordinated Indebtedness by reason of any provision of this Section 4 shall not be construed as preventing the occurrence of an event of Default under Section 3.
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Section Not to Prevent Events of Default. The failure to make a payment on account of principal of or interest on the Loan by reason of any provision of this Section 22 shall not be construed as preventing the occurrence of an Event of Default under Section 10.
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Section Not to Prevent Events of Default. The failure to make a payment on account of principal of or interest on or other amounts constituting Obligations by reason of any provision of this Article VIII shall not be construed as preventing the occurrence of an Event of Default under Article VII.
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Section Not to Prevent Events of Default. The failure to make a payment on account of principal of or interest on the Notes or other Obligations by reason of any provision of this Article X shall not be construed as preventing the occurrence of a Default or an Event of Default. * * *
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Section Not to Prevent Events of Default. The failure to make a payment on account of principal of or interest on or other amounts constituting Bridge Note Obligations by reason of any provision of this ARTICLE 9 shall not be construed as preventing the occurrence of a Default or an Event of Default hereunder or a default or event of default under or in respect of the Bridge Notes or any other document or instrument evidencing any of the Bridge Note Obligations.
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Section Not to Prevent Events of Default. The failure to make a payment on account of principal of or interest on or other amounts constituting Subordinated Debt by reason of any provision of this SECTION 4 shall not be construed as preventing the occurrence of an Event of Default hereunder or a default or event of default under or in respect of the New Notes or any other document or instrument evidencing any of the Subordinated Debt.
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Section Not to Prevent Events of Default. The failure to make ---------------------------------------- a payment on account of principal of or interest on or other amounts constituting Subordinated Indebtedness by reason of any provision of this Section 7 shall not be construed as preventing the occurrence of an Event of Default under Section 6 (it being understood and agreed that the Holders' right to take action as a result of the existence of any such Event of Default may be suspended or otherwise affected as a result of the provisions of this Section 7).
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Related to Section Not to Prevent Events of Default

  • Not to Prevent Events of Default The failure to make a payment on account of principal of, premium, if any, or interest on the Notes by reason of any provision of this Article Ten will not be construed as preventing the occurrence of an Event of Default.

  • Not To Prevent Events of Default or Limit Right To Accelerate The failure to make a payment pursuant to the Securities by reason of any provision in this Article 10 shall not be construed as preventing the occurrence of a Default. Nothing in this Article 10 shall have any effect on the right of the Securityholders or the Trustee to accelerate the maturity of the Securities.

  • This Article Not to Prevent Events of Default The failure to make a payment on account of principal of or interest on the Securities by reason of any provision of this Article Eight shall not be construed as preventing the occurrence of an Event of Default specified in clauses (a), (b) or (c) of Section 6.01.

  • Additional Events of Default The parties hereto acknowledge, confirm and agree that the failure of Borrower or any Guarantor to comply with any of the covenants, conditions and agreements contained herein or in any other agreement, document or instrument at any time executed by Borrower or any Guarantor in connection herewith shall constitute an Event of Default under the Financing Agreements.

  • Additional Event of Default The following will constitute an additional Event of Default with respect to Party B: "NOTE ACCELERATION NOTICE. A Note Acceleration Notice is served on Party B in relation to the Relevant Notes."

  • Certain Events of Default The following Events of Default will apply to the parties as specified below, and the definition of “Event of Default” in Section 14 is deemed to be modified accordingly:

  • Actions following an Event of Default On, or at any time after, the occurrence of an Event of Default:

  • Notice of Events of Default and Servicer Replacement Event The Owner Trustee shall promptly upon receipt of a list of Certificateholders from the Certificate Registrar give notice to each Certificateholder of any (a) Default or Event of Default of which a Responsible Officer of the Owner Trustee has been provided written notice pursuant to Section 6.5 of the Indenture and (b) Servicer Replacement Event of which a Responsible Officer of the Owner Trustee has been provided written notice pursuant to Section 7.1 of the Sale and Servicing Agreement. The Owner Trustee shall have no duty to investigate, verify or take any action to determine whether any Default, Event of Default or Servicer Replacement Event has in fact occurred and shall have no duty to make any determination as to the materiality of any fact, matter or event, or to make any demand or claim for repurchase of Receivables. The Owner Trustee shall have no duty to enforce remedies for breaches of representations and warranties under any Transaction Document.

  • Lease Events of Default The following events shall constitute Lease Events of Default hereunder (whether any such event shall be voluntary or involuntary or come about or be effected by operation of law or pursuant to or in compliance with any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body) and each such Lease Event of Default shall be deemed to exist and continue so long as, but only as long as, it shall not have been remedied:

  • Events of Default Defined The following shall each constitute an "Event of Default" hereunder:

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