Common use of Obligation to Pay Unconditional Clause in Contracts

Obligation to Pay Unconditional. Except as expressly provided herein, --------------------------------- nothing is intended to or shall impair, as between the Maker and the Holder, the obligation of the Maker, which is absolute and unconditional, to pay to the Holder the principal of and interest on this Subordinated Note as and when the same shall become due and payable in accordance with its terms.

Appears in 1 contract

Samples: Subordinated Note (Las Vegas Sands Inc)

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Obligation to Pay Unconditional. Except as expressly provided herein, --------------------------------- nothing is intended to or shall impair, as between the Maker and the Holder, the obligation of the Maker, which is absolute and unconditional, to pay to the Holder the principal of and interest on this Subordinated PASI Note as and when the same shall become due and payable in accordance with its terms.

Appears in 1 contract

Samples: Indenture (Stratosphere Leasing, LLC)

Obligation to Pay Unconditional. Except as expressly provided herein, --------------------------------- nothing is intended to or shall impair, as between the Maker and the Holder, the obligation of the Maker, which is absolute and unconditional, to pay to the Holder the principal of and interest on this Subordinated Note as and when the same shall become due and payable in accordance with its terms.

Appears in 1 contract

Samples: Subordinated Note (Grand Canal Shops Mall Construction LLC)

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Obligation to Pay Unconditional. Except as expressly provided herein, --------------------------------- nothing is intended to or shall impair, as between the Maker Makers and the Holder, the obligation of the MakerMakers, which is absolute and unconditional, to pay to the Holder the principal of and interest on this Subordinated Note as and when the same shall become due and payable in accordance with its terms.

Appears in 1 contract

Samples: Subordinated Note (Grand Canal Shops Mall Construction LLC)

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