Common use of Article XII Not to Prevent Events of Default Clause in Contracts

Article XII Not to Prevent Events of Default. The failure to make a payment on account of principal of, premium, if any, interest on, or Liquidated Damages with respect to, the Securities by reason of any provision of this Article XII shall not be construed as preventing the occurrence of a Default or an Event of Default under Section 6.1 or in any way prevent the Holders from exercising any right hereunder other than the right to receive payment on the Securities.

Appears in 9 contracts

Samples: Indenture (Total Renal Care Holdings Inc), Indenture (Occusystems Inc), Halter Marine Group Inc

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Article XII Not to Prevent Events of Default. The failure to make a payment on account of principal of, premium, if any, interest on, or Liquidated Damages with respect to, the Securities Notes by reason of any provision of this Article XII shall not be construed as preventing the occurrence of a Default or an Event of Default under Section 6.1 or in any way prevent the Holders from exercising any right hereunder other than the right to receive payment on the SecuritiesNotes.

Appears in 5 contracts

Samples: Indenture (Transamerican Refining Corp), Cellular Communications International Inc, Transamerican Refining Corp

Article XII Not to Prevent Events of Default. The failure to make a payment on account of principal of, premium, if any, or interest on, (or Liquidated Damages with respect toDamages, if any) on the Securities by reason of any provision of this Article XII shall not be construed as preventing the occurrence of a Default or an Event of Default under Section 6.1 or in any way prevent limit the Holders from exercising rights of the Trustee or any right hereunder Holder to pursue any other than the right rights or remedies with respect to receive payment on the Securities.

Appears in 3 contracts

Samples: City Truck Holdings Inc, Compass Aerospace LTD, Doskocil Manufacturing Co Inc

Article XII Not to Prevent Events of Default. The failure to make a payment on account of principal of, premium, if any, interest on, or Liquidated Damages Damages, if any, with respect to, the Securities by reason of any provision of this Article XII shall not be construed as preventing the occurrence of a Default or an Event of Default under Section 6.1 or in any way prevent the Holders from exercising any right hereunder other than the right to receive payment on the Securities.

Appears in 2 contracts

Samples: Indenture (Smartalk Teleservices Inc), Registration Rights Agreement (Apollo Investment Fund Iv Lp)

Article XII Not to Prevent Events of Default. The failure to make a payment on account of principal of, premium, if any, interest on, or Liquidated Damages with respect to, the Securities by reason of any provision of this Article XII shall not be construed as preventing the occurrence of a Default or an Event of Default under Section 6.1 or in any way prevent the Holders from exercising any right hereunder other than the right to receive payment on the Securities.Section

Appears in 1 contract

Samples: Sunrise Assisted Living Inc

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Article XII Not to Prevent Events of Default. The failure to make a payment on account of principal of, premium, if any, or interest on, or Liquidated Damages with respect to, on the Securities Debentures by reason of any provision of this Article XII shall not be construed as preventing the occurrence of a Default or an Event of Default under Section 6.1 or in any way prevent the Holders from exercising any right hereunder other than the right to receive payment on the Securities.Debentures. 62

Appears in 1 contract

Samples: Pride Petroleum Services Inc

Article XII Not to Prevent Events of Default. The failure to make a payment on account of principal of, premium, if any, or interest on, (or Liquidated Damages with respect toDamages, if any) on the Securities Notes by reason of any provision of this Article XII shall not be construed as preventing the occurrence of a Default or an Event of Default under Section 6.1 or in any way prevent limit the Holders from exercising rights of the Trustee or any right hereunder Holder to pursue any other than rights or remedies with respect to the right to receive payment on the SecuritiesNotes.

Appears in 1 contract

Samples: Tri City Dialysis Center Inc

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