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 any Security to receive payment of principal, premium and Additional Amounts, if any, and interest on such Security, on or after the respective due dates expressed in such Security (excluding 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, except with respect to amounts due and payable to the holders of Senior Indebtedness, to the extent required by Article 13.

Appears in 3 contracts

Samples: Indenture (Care Capital Properties, LP), Indenture (Ventas Realty Limited Partnership), Indenture (Brookdale Living Communitites of New York-Gb, LLC)

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Rights of Holders of Securities to Receive Payment. Notwithstanding any other provision of this Indenture, the right of any Holder of any Security to receive payment of principal, premium and Additional Amounts, if any, and interest on such Security, on or after the respective due dates expressed in such Security (excluding 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, except with respect to amounts due and payable to the holders of Senior Indebtedness, Indebtedness to the extent required by Article 13.

Appears in 2 contracts

Samples: Indenture (BRMK Management, Corp.), Indenture (Ventas Realty Limited Partnership)

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