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

Unconditional Right of Holders to Receive Payment. Notwithstanding any other provision in this CVR Agreement and any provision of any Security, the right of any Holder of any Security to receive payment of the amounts payable in respect of such Security on or after the respective due dates expressed in such Security, or to institute 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.

Appears in 4 contracts

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

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Unconditional Right of Holders to Receive Payment. Notwithstanding any other provision in of this CVR Agreement and any provision of any SecurityIndenture, the right of any Holder of any Security to receive payment of the amounts payable in respect principal of and interest on such Security on or after the respective due dates expressed or provided for in such Security, or to institute 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.)

Unconditional Right of Holders to Receive Payment. Notwithstanding any other provision in this CVR Agreement and any provision of any SecurityCVR, the right of any Holder of any Security CVR to receive payment of the amounts payable in respect of such Security CVR on or after the respective due dates expressed in such SecurityCVR, or to institute 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.

Appears in 2 contracts

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

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Unconditional Right of Holders to Receive Payment. Notwithstanding any other provision in this CVR Agreement and any provision of any SecurityCVR, the right of any Holder of any Security CVR to receive payment of the amounts payable in respect of such Security CVR on or after the respective due dates expressed in such SecurityCVR, or to institute 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.. SECTION 8.8

Appears in 1 contract

Samples: Contingent Value Rights Agreement (Third Point Reinsurance Ltd.)

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