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 the Indenture or the Notes, any Holder has the right to receive payment or delivery, as the case may be, of the principal amount, the Redemption Price, Fundamental Change Purchase Price or accrued and unpaid Interest, if any, in respect of the Notes held by such Holder, on or after the respective due dates expressed in the Notes or any Fundamental Change Purchase Date, as applicable, and the consideration due upon conversion of the Notes in accordance with Article 5, or to institute suit for the enforcement of any such payment on or after such respective dates or the right to convert, and such right to receive such payment or delivery, as the case may be, shall not be impaired or affected adversely without the consent of such Holder.

Appears in 2 contracts

Samples: Second Supplemental Indenture (Endologix Inc /De/), First Supplemental Indenture (Endologix Inc /De/)

AutoNDA by SimpleDocs

Unconditional Right of Holders to Receive Payment. Notwithstanding any other provision of the Indenture or the Notes, any Holder has the right to receive payment or delivery, as the case may be, of the principal amount, the Redemption Price, Fundamental Change Purchase Price or accrued and unpaid Interest, if any, in respect of the Notes held by such Holder, on or after the respective due dates expressed in the Notes or any Fundamental Change Purchase Date, as applicable, and the consideration due upon conversion of the Notes in accordance with Article 5, or to institute suit for the enforcement of any such payment on or after such respective dates or the right to convert, and such right to receive such payment or delivery, as the case may be, shall not be impaired or affected adversely without the consent of such Holder.

Appears in 2 contracts

Samples: First Supplemental Indenture (Envestnet, Inc.), First Supplemental Indenture (Quidel Corp /De/)

Unconditional Right of Holders to Receive Payment. Notwithstanding any other provision of this Indenture, the Indenture or the Notes, right of any Holder has the right to receive payment or delivery, as the case may be, of the principal amount, Principal Amount (including the Redemption Price, Fundamental Change Purchase Price or accrued and unpaid Interest, if any, interest in respect of the Notes held by such Holder, on or after the respective due dates expressed in the Notes Notes, or any Fundamental Change Purchase DateDate or otherwise, as applicable), any accrued and the consideration due upon conversion of unpaid interest (including Additional Interest, if any) and to convert the Notes in accordance with Article 57, or to institute bring suit for the enforcement of any such payment on or after such respective dates or the right to convert, and such right to receive such payment or delivery, as the case may be, shall not be impaired or affected adversely without the consent of such Holder.

Appears in 2 contracts

Samples: Indenture (Endeavour International Corp), Indenture (Endeavour International Corp)

AutoNDA by SimpleDocs

Unconditional Right of Holders to Receive Payment. Notwithstanding any other provision of this Indenture, the Indenture or the Notes, right of any Holder has the right to receive payment or delivery, as the case may be, of the principal amount, Principal Amount (including the Redemption Price, Fundamental Change Purchase Price or accrued and unpaid Interest, if any, interest in respect of the Notes held by such Holder, on or after the respective due dates expressed in the Notes Notes, or any Fundamental Change Purchase Date, any other Obligation or otherwise, as applicable), any accrued and the consideration due upon conversion of unpaid interest (including Additional Interest, if any) and to convert the Notes in accordance with Article 57, or to institute bring suit for the enforcement of any such payment on or after such respective dates or the right to convert, and such right to receive such payment or delivery, as the case may be, shall not be impaired or affected adversely without the consent of such Holder.

Appears in 1 contract

Samples: Exchange and Purchase Agreement (Gevo, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!