Unconditional Right of Holders to Receive Principal and Interest. Notwithstanding any other provision of this Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive payment of the Contingent Payments (if Contingent Payments are due and payable in accordance with the terms of the Securities and this Indenture) on such Security on the Contingent Payment Dates of such payments as expressed in such Security (in the case of Required Regulatory Redemption, the Redemption Price on the applicable Redemption Date) and to institute suit for the enforcement of any such payment, and such rights shall not be impaired without the consent of such Holder.
Appears in 2 contracts
Samples: Indenture (Jazz Casino Co LLC), Indenture (Jazz Casino Co LLC)
Unconditional Right of Holders to Receive Principal and Interest. Notwithstanding any other provision of in this Indenture, the Holder of any Security or coupon shall have the right, which is absolute and unconditional, subject to Article Fourteen, to receive payment of the Contingent Payments principal of and (if Contingent Payments are due and payable in accordance with the terms of the Securities and this Indenturesubject to Section 307) interest on such Security or payment of such coupon on the Contingent Payment Dates of such payments as Stated Maturities or Maturities expressed in such Security or coupon (or, in the case of Required Regulatory Redemptionredemption, on the Redemption Price Date or, in the case of redemption or repurchase by the Company at the option of the Holder, on the applicable Redemption Datedate fixed for such redemption or repurchase, as the case may be) and to institute suit for the enforcement of any such payment, payment and such rights shall not be impaired without the consent of such Holder.
Appears in 2 contracts
Samples: Indenture (Occidental Petroleum Corp /De/), Indenture (Oxy Capital Trust Iii)
Unconditional Right of Holders to Receive Principal and Interest. Notwithstanding any other provision of in this Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive payment of the Contingent Payments (if Contingent Payments are due principal of and payable in accordance with the terms of the Securities and this Indenture) interest on such Security on the Contingent Payment Maturity Dates of such payments as expressed in such Security (in the case of Required Regulatory Redemptionredemption, the Redemption Price on the applicable Redemption Date; in the case of the Change of Control Purchase Price, on the applicable Change of Control Purchase Date; in the case of the Offered Price on the Offer Date) and to institute suit for the enforcement of any such payment, and such rights shall not be impaired without the consent of such Holder.
Appears in 1 contract
Samples: Indenture (Us Foodservice/Md/)