Common use of Obligation Absolute and Unconditional Clause in Contracts

Obligation Absolute and Unconditional. No reference herein to the Indenture and no provision of this Security or of the Indenture shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of (and premium, if any, on) and interest on this Security at the times, place, and rate, and in the coin or currency, herein prescribed.

Obligation Absolute and Unconditional. No reference herein to the Indenture and no provision of this Security Note or of the Indenture shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of (and premium, if any, on) and interest on this Security Note at the times, place, time and rate, place and at the rate and in the coin or currency, money herein prescribed.