Common use of Article XII Not To Prevent Events of Default or Limit Right To Accelerate Clause in Contracts

Article XII 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 XII shall not be construed as preventing the occurrence of a Default. Nothing in this Article XII 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: Indenture (Valley Telephone Co., LLC)

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Article XII 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 XII IX shall not be construed as preventing the occurrence of a Default. Nothing in this Article XII IX shall have any effect on the right of the Holders or the Trustee Purchasers to accelerate the maturity of the NotesNotes (other than with respect to an Acceleration Forbearance Period).

Appears in 1 contract

Samples: Note Purchase Agreement (American Seafoods Corp)

Article XII Not To Prevent Events of Default or Limit Right To Accelerate. The failure to make a payment pursuant to in respect of the Notes and the Guarantees, by reason of any provision in this Article XII XII, shall not be construed as preventing the occurrence of a Default or Event of Default. Nothing in this Article XII 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: Avery Berkel Holdings LTD

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Article XII 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 XII shall not be construed as preventing the occurrence of a Default. Nothing in this Article XII shall have any effect on the right of the Holders or the Trustee Purchasers to accelerate the maturity of the NotesNotes (other than with respect to an Acceleration Forbearance Period).

Appears in 1 contract

Samples: Note Purchase Agreement (American Seafoods International LLC)

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