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 and interest on such Security on the Stated Maturity or maturities expressed in such Security (or, in the case of redemption, on the Redemption Date) and to convert such Security in accordance with Article XI and to institute an action for the 18 24 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: Kiewit Materials Co, Peter Kiewit Sons Inc /De/

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Unconditional Right of Holders to Receive Principal and Interest and to Convert. Notwithstanding any other provision in this Indenture Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive payment of the principal of and (subject to Section 307) interest on such Security on the respective Stated Maturity or maturities Maturities expressed in such Security (or, in the case of redemption, on the Redemption Date) and to convert such Security in accordance with Article XI Thirteen and to institute an action suit for the 18 24 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 (Hilb Rogal & Hamilton Co /Va/)

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 and interest on such Security on the Stated Maturity or maturities expressed in such Security (or, in the case of redemption, on the Redemption Date) and to convert such Security in accordance with Article XI and to institute an action for the 18 24 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 (Peter Kiewit Sons Inc /De/)

Unconditional Right of Holders to Receive Principal and Interest and to Convert. Notwithstanding any other provision in this Indenture Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive payment of the principal amount of, and (subject to Section 307) interest on on, such Security on the respective Stated Maturity or maturities Maturities expressed in such Security (or, in the case of redemptionredemption or repurchase, on the Redemption Date or Repurchase Date) and to convert such Security in accordance with Article XI Twelve and to institute an action suit for the 18 24 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 (Integrated Physician Systems Inc)

Unconditional Right of Holders to Receive Principal and Interest and to Convert. Notwithstanding any other provision in this Indenture Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive payment of the principal of and (subject to Section 307) interest on such Security on the respective Stated Maturity or maturities Maturities expressed in such Security (or, in the case of redemption, on the Redemption Date) and to convert such Security in accordance with Article XI Twelve and to institute an action suit for the 18 24 enforcement of any such payment and right to convert, and such rights shall not be impaired without the consent of such Holder.and

Appears in 1 contract

Samples: Microsoft Corp

Unconditional Right of Holders to Receive Principal and Interest and to Convert. Notwithstanding any other provision in this Indenture Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive payment of the principal of and (subject to Section 308) interest on such Security on the respective Stated Maturity or maturities Maturities expressed in such Security (or, in the case of redemption, on the Redemption Date) and to convert such Security in accordance with Article XI Twelve and to institute an action suit for the 18 24 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 (Usec Inc)

Unconditional Right of Holders to Receive Principal and Interest and to Convert. Notwithstanding any other provision in this Indenture Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive payment of the principal of and (subject to Section 3.08) interest (including Additional Interest, if any) on such Security on the respective Stated Maturity or maturities Maturities expressed in such Security (or, in the case of redemption, on the Redemption Date) and to convert such Security in accordance with Article XI 12 and to institute an action suit for the 18 24 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 (Virgin Media Inc.)

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Unconditional Right of Holders to Receive Principal and Interest and to Convert. Notwithstanding any other provision in this Indenture Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive payment of the principal of and interest (subject to Section 3.11) Interest on such Security on the respective Stated Maturity or maturities Maturities expressed in such Security (or, in the case of redemption, on the Redemption Date) and to convert such Security in accordance with Article XI 12 and to institute an action suit for the 18 24 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 (Hercules Offshore, Inc.)

Unconditional Right of Holders to Receive Principal and Interest and to Convert. Notwithstanding any other provision in this Indenture Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive payment of the principal of and (subject to Section 307) interest on such Security on the respective Stated Maturity or maturities Maturities expressed in such Security (or, in the case of redemption, on the Redemption Date) and to convert such Security in accordance with Article XI Twelve and to institute an action suit for the 18 24 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: Microsoft Corp

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 and interest on such Security on the Stated Maturity or maturities expressed in such Security (or, in the case of redemption, on the Redemption Date) and to convert such Security in accordance with Article XI Twelve and to institute an action tit for the 18 24 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: Peter Kiewit Sons Inc /De/

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