Common use of No Impairment of Right to Enforce Payment Clause in Contracts

No Impairment of Right to Enforce Payment. Notwithstanding any other provision in this Indenture, the right of any Owner of a Bond to receive payment of the principal of and premium, if any, and interest on such Bond, on or after the respective due dates expressed therein, or to institute suit for the enforcement of any such payment on or after such respective dates, shall not be impaired or affected without the consent of such Owner.

Appears in 4 contracts

Samples: Loan Agreement (Tucson Electric Power Co), Loan Agreement (Tucson Electric Power Co), Loan Agreement (Tucson Electric Power Co)

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No Impairment of Right to Enforce Payment. Notwithstanding any other provision in this Indenture, the right of any Owner of a Bond Bondholder to receive payment of the principal of and premium, if any, and interest on such Bond, on or after the respective due dates expressed therein, or to institute suit for the enforcement of any such payment on or after such respective datesdate, shall not be impaired or affected without the consent of such OwnerBondholder.

Appears in 2 contracts

Samples: Trust Indenture (First United Ethanol LLC), Trust Indenture (First United Ethanol LLC)

No Impairment of Right to Enforce Payment. Notwithstanding any other provision in this IndentureTrust Agreement, the right of any Owner of a Bond Bondholder to receive payment of the principal of and premium, if any, and interest on such Holder’s Bond, on or after the respective due dates expressed therein, or to institute suit for the enforcement of any such payment on or after such respective datesdate, shall not be impaired or affected without the consent of such OwnerBondholder.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

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No Impairment of Right to Enforce Payment. Notwithstanding any other provision in this Indenture, the right of any Owner of a Bond to receive payment of the principal of of, and premium, if any, and interest on on, such Bond, on or after the respective due dates expressed or redemption dates provided for therein, or to institute suit for the enforcement of any such payment on or after such respective dates, shall not be impaired or affected without the consent of such Owner.

Appears in 2 contracts

Samples: Indenture of Trust (Northwestern Corp), Indenture of Trust (Northwestern Corp)

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