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 anything to the contrary elsewhere in this Indenture, the right of any Holder to receive payment of the principal (including the Fundamental Change Repurchase Price, if applicable) of, interest on, and the consideration due upon conversion of, its Securities, on or after the respective due date, or to bring suit for the enforcement of any such payment or conversion rights, will not be impaired or affected without the consent of such Holder and will not be subject to the requirements of Section 6.06 hereof.

Appears in 4 contracts

Samples: Indenture (Arbor Realty Trust Inc), Indenture (Arbor Realty Trust Inc), Indenture (Arbor Realty Trust Inc)

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Rights of Holders to Receive Payment and to Convert. Notwithstanding anything to the contrary elsewhere in any other provision of this Indenture, the right of any Holder of a Security to receive payment of the principal amount of, interest (including the Additional Interest, if any) on and Fundamental Change Repurchase Price, if applicable) of, interest on, and the consideration due upon conversion of, its SecuritiesPrice with respect to any Security, on or after the respective due datedates expressed in the Security and this Indenture, or to convert such Security in accordance with Article 5 and to bring suit for the enforcement of any such payment on or conversion rightsafter such respective dates or the right to convert, will is absolute and unconditional and shall not be impaired or affected without the consent of such Holder and will not be subject to the requirements of Section 6.06 hereofHolder.

Appears in 3 contracts

Samples: Indenture (Rambus Inc), Indenture (Rambus Inc), Indenture (Rambus Inc)

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Rights of Holders to Receive Payment and to Convert. Notwithstanding anything to the contrary elsewhere in this Indenture, the right of any Holder to receive payment of the principal (including the Fundamental Change Repurchase Price, if applicable) of, interest on, and the consideration due upon conversion ofFundamental Change Purchase Price for, its Securities, on or after the respective due date, and to convert its Securities and receive payment or delivery of the consideration due with respect to such Securities in accordance with Article 4 hereof, or to bring suit for the enforcement of any such payment or conversion rights, will not be impaired or affected without the consent of such Holder and will not be subject to the requirements of Section 6.06 6.07 hereof.

Appears in 3 contracts

Samples: First Supplemental Indenture (Mfa Financial, Inc.), First Supplemental Indenture (Granite Point Mortgage Trust Inc.), First Supplemental Indenture (Granite Point Mortgage Trust Inc.)

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