Common use of Rights of Holders to Receive Payment and to Convert Clause in Contracts

Rights of Holders to Receive Payment and to Convert. Notwithstanding any other provision of this Indenture, the right of any Holder of a Security or a coupon to receive payment of principal of and (subject to Sections 2.08 and 2.13) interest, if any, on the Security or payment on such coupon, on or after the respective due dates with respect to such payments expressed in such Security or coupon, and, if applicable, to convert such Security on the terms and subject to the conditions applicable to Securities of such series, or to bring suit for the enforcement of any such payment on or after such respective dates or of such right to convert, if any, shall not be impaired or affected without the consent of the Holder. 40

Appears in 3 contracts

Samples: Tele Communications Inc /Co/, Tele Communications Inc /Co/, Tci Communications Inc

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Rights of Holders to Receive Payment and to Convert. Notwithstanding any other provision of this Indenture, the right of any Holder of a Security or a coupon to receive payment of principal of and (subject to Sections 2.08 and 2.13) interest, if any, on the Security or payment on such coupon, on or after the respective due dates with respect to such payments expressed in such Security or coupon, and, if applicable, to convert such Security on the terms and subject to the conditions applicable to Securities of such series, or to bring suit for the enforcement of any such payment on or after such respective dates or of such right to convert, if any, shall not be impaired or affected without the consent of the Holder. 40Section 6.08.

Appears in 3 contracts

Samples: Tele Communications Inc /Co/, Tele Communications Inc /Co/, Tci Communications Inc

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