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 to receive payment of the principal or purchase price of, and premium, if any, and interest on, its Bond, on or after the respective due dates expressed therein, or to institute suit for the enforcement of any such payment 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 3 contracts

Samples: Loan Agreement (Navistar International Corp), Loan Agreement (Navistar International Corp), Green Plains Renewable Energy, Inc.

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No Impairment of Right to Enforce Payment. Notwithstanding any other provision in this Indenture, the right of any Owner to receive payment of the principal or purchase price of, and premium, if any, and interest on, its Bond, on or after the respective due dates expressed therein, or to institute suit for the enforcement of any such payment 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.. -56- Port of Xxxxxx Series 1998A Trust Indenture

Appears in 1 contract

Samples: Enron Corp/Or/

No Impairment of Right to Enforce Payment. Notwithstanding any other provision in this Indenture, the right of any Owner to receive payment of the principal or purchase price of, and premium, if any, and interest on, its Bond, on or after the respective due dates expressed therein, or to institute suit for the enforcement of any such payment on or after the respective due dates expressed therein, or to institute suit for the enforcement of any such -56- Forsyth Series 1998A Trust Indenture payment on or after such respective dates, shall not be impaired or affected without the consent of such Owner.

Appears in 1 contract

Samples: Enron Corp/Or/

No Impairment of Right to Enforce Payment. Notwithstanding any other provision in this Indenture, the right of any Owner to receive payment of the principal or purchase price of, and premium, if any, of and interest on, its and any premium on such Bond, on or after the respective due dates expressed therein, therein or to institute suit for the enforcement of any such payment on or after the respective due dates expressed thereinapplicable redemption dates, 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 Owner.

Appears in 1 contract

Samples: El Paso Electric Co /Tx/

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No Impairment of Right to Enforce Payment. Notwithstanding any other provision in this Indenture, the right of any Owner to receive payment of the principal or purchase price of, and premium, if any, and interest on, its Bond, on or after the respective due dates expressed therein, or to institute suit for the enforcement of any such payment 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.. -56- Forsyth Series 1998B Trust Indenture

Appears in 1 contract

Samples: Enron Corp/Or/

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