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 Note shall have the right, which is absolute and unconditional, to receive payment of the principal of and interest on such Note when due and to convert such Note in accordance with Article V 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 (Redwood Trust Inc), Second Supplemental Indenture (Redwood Trust Inc), Redwood Trust 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 Note shall have the right, which is absolute and unconditional, to receive payment of the principal of and interest (including Additional Interest) on such Note when due and to convert such Note in accordance with Article V 5 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: Second Supplemental Indenture (Intermune Inc), Indenture (Intermune Inc)

Unconditional Right of Holders to Receive Principal and Interest and to Convert. Notwithstanding any other provision in this the Indenture, the Holder of any Note shall have the right, which is absolute and unconditional, to receive payment of the principal of and interest interest, (including any Additional Interest), on such Note when due expressed in such Note and to convert such Note in accordance with Article V 5 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: Gevo, Inc.

Unconditional Right of Holders to Receive Principal and Interest and to Convert. Notwithstanding any other provision in this the Indenture, the Holder of any Note shall have the right, which is absolute and unconditional, to receive payment of the principal of and interest on such Note when due expressed in such Note and to convert such Note in accordance with Article V 5 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 (Onyx Pharmaceuticals 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 Note shall have the right, which is absolute and unconditional, to receive payment of the principal of and interest (including Additional Interest) on such Note when due and to convert such Note in accordance with Article V 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: First Supplemental Indenture (Redwood Trust Inc)

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