Common use of Rights of Holders of Securities to Receive Payment Clause in Contracts

Rights of Holders of Securities to Receive Payment. Notwithstanding any other provision of this Indenture, the right of any Holder of a Security of any series to receive payment of principal, premium, if any, and interest on such Security, and any additional amounts payable pursuant to Section 4.09 or otherwise under this Indenture, any Board Resolution or any indenture supplemental hereto, on or after the respective due dates expressed in such Security (including in connection with an offer to purchase), or to bring 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 Holder.

Appears in 5 contracts

Samples: Subordinated Indenture (Kulicke & Soffa Industries Inc), Subordinated Indenture (Harleysville Group Inc), Subordinated Indenture (Pennsylvania Real Estate Investment Trust)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!