Common use of Unconditional Right of Holders to Receive Payment Clause in Contracts

Unconditional Right of Holders to Receive Payment. Notwithstanding any other provision of this Indenture, the right of any Holder of any Security to receive payment of the principal of and interest on such Security on or after the respective due dates expressed or provided for in such Security, or to bring suit for the enforcement of any such payment on or after such respective dates, shall not be impaired or affected adversely without the consent of such Holder.

Appears in 4 contracts

Samples: Indenture (Flex Ltd.), Indenture (Flex Ltd.), Indenture (Cisco Systems, Inc.)

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Unconditional Right of Holders to Receive Payment. Notwithstanding any other provision in this CVR Agreement and any provision of this Indentureany Security, the right of any Holder of any Security to receive payment of the principal amounts payable in respect of and interest on such Security on or after the respective due dates expressed or provided for in such Security, or to bring institute suit for the enforcement of any such payment on or after such respective dates, shall not be impaired or affected adversely without the consent of such Holder.

Appears in 4 contracts

Samples: Contingent Value Rights Agreement, Contingent Value Rights Agreement (Community Health Systems Inc), Contingent Value Rights Agreement (Community Health Systems Inc)

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Unconditional Right of Holders to Receive Payment. Notwithstanding any other provision in this CVR Agreement and any provision of this Indentureany CVR, the right of any Holder of any Security CVR to receive payment of the principal amounts payable in respect of and interest on such Security CVR on or after the respective due dates expressed or provided for in such SecurityCVR, or to bring institute suit for the enforcement of any such payment on or after such respective dates, shall not be impaired or affected adversely without the consent of such Holder.

Appears in 3 contracts

Samples: Contingent Value Rights Agreement (Sirius International Insurance Group, Ltd.), Contingent Value Rights Agreement (Third Point Reinsurance Ltd.), Contingent Value Rights Agreement (Third Point Reinsurance Ltd.)

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