Common use of Unconditional Right of Holders to Receive Principal and Interest and to Convert Clause in Contracts

Unconditional Right of Holders to Receive Principal and Interest and to Convert. Notwithstanding any other provision in this Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive payment of the principal of, premium, if any, and (subject to Section 3.7) interest (including any Liquidated Damages) on such Security on the respective Stated Maturities expressed in such Security (or, in the case of redemption or repurchase, on the Redemption Date or Repurchase Date, as the case may be), and to convert such Security in accordance with Article XIII, and to institute suit for the enforcement of any such payment and right to convert, and such rights shall not be impaired without the consent of such Holder.

Appears in 3 contracts

Samples: Indenture (MRV Communications Inc), Genesco Inc, Homebase Inc

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Unconditional Right of Holders to Receive Principal and Interest and to Convert. Notwithstanding any other provision in this Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive payment of the principal of, premiumof and interest (including Additional Interest, if any, and (subject to Section 3.7) interest (including any Liquidated Damages) on such Security on the respective Stated Maturities expressed in such Security (or, in the case of redemption or repurchase, on the Redemption Date, Repurchase Date or Fundamental Change Repurchase Date, as the case may be), and to convert such Security in accordance with Article XIIIXII, and to institute suit for the enforcement of any such payment and right to convert, and such rights shall not be impaired without the consent of such Holder.

Appears in 2 contracts

Samples: Privatebancorp, Inc, Oil States International Inc

Unconditional Right of Holders to Receive Principal and Interest and to Convert. Notwithstanding any other provision in this Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive payment of the principal of, premiumof and interest (including Additional Interest and Special Interest, if any, and (subject to Section 3.7) interest (including any Liquidated Damages) on such Security on the respective Stated Maturities expressed in such Security (or, in the case of redemption or repurchase, on the Redemption Date, Repurchase Date or Fundamental Change Repurchase Date, as the case may be), and to convert such Security in accordance with Article XIIIXII, and to institute suit for the enforcement of any such payment and right to convert, and such rights shall not be impaired without the consent of such Holder.

Appears in 1 contract

Samples: Indenture (Alesco Financial Inc)

Unconditional Right of Holders to Receive Principal and Interest and to Convert. Notwithstanding any other provision in this Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive payment of the principal of, premium, if any, and (subject to Section 3.7) interest (including any Liquidated Damages) the Redemption Price and the Repurchase Price on such Security on the respective Stated Maturities expressed in such Security (or, in the case of redemption or repurchase, on the Redemption Date or Repurchase Date, as the case may be), and to convert such Security in accordance with Article XIII, and to 55 institute suit for the enforcement of any such payment and right to convert, and such rights shall not be impaired without the consent of such Holder.

Appears in 1 contract

Samples: Aspen Technology Inc /De/

Unconditional Right of Holders to Receive Principal and Interest and to Convert. Notwithstanding any other provision in this Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive payment of the principal of, premium, if any, of and (subject to Section 3.7) interest (including any Liquidated Damages, if any) on such Security on the respective Stated Maturities expressed in such Security (or, in the case of redemption or repurchase, on the Redemption Date or Repurchase Date, as the case may be), and to convert such Security in accordance with Article XIIIXII, and to institute suit for the enforcement of any such payment and right to convert, and such rights shall not be impaired without the consent of such Holder.

Appears in 1 contract

Samples: Priceline Com Inc

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Unconditional Right of Holders to Receive Principal and Interest and to Convert. Notwithstanding any other provision in this Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive payment of the principal of, premium, if any, of and (subject to Section 3.7) interest (including any Liquidated Damages) Additional Interest, if any), on such Security on the respective Stated Maturities expressed in such Security (or, in the case of redemption redemption, repurchase or repurchase, purchase on the Redemption Date, Repurchase Date or Repurchase Purchase Date, as the case may be), and to convert such Security in accordance with Article XIIIXII, and to institute suit for the enforcement of any such payment and right to convert, and such rights shall not be impaired without the consent of such Holder.

Appears in 1 contract

Samples: Indenture (Mercury Computer Systems Inc)

Unconditional Right of Holders to Receive Principal and Interest and to Convert. Notwithstanding any other provision in this Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive payment of the principal of, premium, if any, of and (subject to Section 3.7) interest (including any Liquidated Damages) and Additional Interest, if any, on such Security on the respective Stated Maturities expressed in such Security (or, in the case of redemption redemption, repurchase or repurchase, purchase on the Redemption Date, Repurchase Date or Repurchase Purchase Date, as the case may be), and to convert such Security in accordance with Article XIIIXII, and to institute suit for the enforcement of any such payment and right to convert, and such rights shall not be impaired without the consent of such Holder.

Appears in 1 contract

Samples: Indenture (Epix Medical Inc)

Unconditional Right of Holders to Receive Principal and Interest and to Convert. Notwithstanding any other provision in this Indenture, but subject to Article 13, the Holder of any a Security shall have the right, which is absolute and unconditional, to receive payment of the principal of, premium, if any, of and (subject to Section 3.73.07) interest (including any Liquidated Damages) on such Security on the respective Stated Maturities expressed in such Security Maturity (or, in the case of redemption or repurchase, on the Redemption Date or Repurchase Date, as the case may be), ) and to convert such Security in accordance with Article XIII, 12 (provided that such Holder delivers the Conversion Notice required by Section 12.02) and to institute suit for the enforcement of any such payment and right to convert, and such rights shall not be impaired without the consent of such Holder.

Appears in 1 contract

Samples: Indenture (Ikon Office Solutions Inc)

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