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

Rights of Holders to Receive Payment and to Exchange. Notwithstanding anything to the contrary elsewhere in the Indenture, the right of any Holder to receive payment of the principal of, interest on, Fundamental Change Purchase Price for, its Securities, on or after the respective due date, and to exchange its Securities and receive 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 exchange rights, will not be impaired or affected without the consent of such Holder and will not be subject to the requirements of Section 6.07 hereof.

Appears in 4 contracts

Samples: PennyMac Mortgage Investment Trust, Supplemental Indenture (PennyMac Mortgage Investment Trust), PennyMac Mortgage Investment Trust

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