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

Unconditional Right of Holders to Receive Principal and Interest. Subject to the terms of Sections 3.14 and 3.15 of this Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive cash payment, in dollars, of the principal of and, subject to Section 3.06 hereof, interest on such Security (including any Additional Amounts payable in respect thereof) on the respective Payment Date expressed in such Security (or, in the case of prepayment, on the respective Prepayment 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 (Net Servicos De Comunicacao S A), Indenture (Brazilian Communitary Antennae LTD)

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Unconditional Right of Holders to Receive Principal and Interest. Subject to the terms of Sections 3.14 and 3.15 of Notwithstanding any other provision in this Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive cash payment, in dollars, payment of the principal of and, and (subject to Section 3.06 hereof, 307) interest on such Security (including any Additional Amounts payable in respect thereofInterest) on such Security on the respective Payment Date Stated Maturity (subject to the deferral of any due date for the payment of interest in the case of an Extension Period) expressed in such Security (or, in the case of prepaymentredemption, on the respective Prepayment 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 1 contract

Samples: Indenture (Southwestern Public Service Co)

Unconditional Right of Holders to Receive Principal and Interest. Subject to Article Thirteen hereof and the terms last paragraph of Sections 3.14 and 3.15 of Section 507 hereof, notwithstanding any other provision in this Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive cash payment, in dollars, payment of the principal of and, and (subject to Section 3.06 hereof, 307) interest on such Security (including any Additional Amounts payable in respect thereof) on the respective Payment Date Stated Maturities expressed in such Security (or, in the case of prepaymentredemption or purchase, on the respective Prepayment Redemption Date or Purchase Date, as the case may be) 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 (Philip Services Corp/De)

Unconditional Right of Holders to Receive Principal and Interest. Subject to the terms of Sections 3.14 and 3.15 of Notwithstanding any other provision in this Indenture, the Holder of any Security shall have the rightright based on the terms stated herein, which is absolute and unconditional, to receive cash payment, in dollars, payment of the principal of and, subject to Section 3.06 hereof, and interest on such Security (including any Additional Amounts payable in respect thereof) on the respective Payment Date Stated Maturities expressed in such Security (or, in the case of prepaymentredemption or purchase pursuant to Article 3 hereof, on the respective Prepayment Redemption Date, the Put Right Purchase Date or the Fundamental Change Purchase Date, as the case may be) 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 (St Mary Land & Exploration Co)

Unconditional Right of Holders to Receive Principal and Interest. Subject to the terms of Sections 3.14 and 3.15 of Notwithstanding any other provision in this Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive cash payment, in dollars, payment of the principal of and(and premium, if any) and (subject to Section 3.06 hereof, Sections 3.5 and 3.7) interest on such Security (including and any Additional Amounts payable in respect thereof) of such Security on the respective Payment Date Stated Maturity or Maturities expressed in such Security (or, in the case of prepaymentredemption, on the respective Prepayment 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 1 contract

Samples: Subordinated Indenture (Gatx Capital Corp)

Unconditional Right of Holders to Receive Principal and Interest. Subject to the terms of Sections 3.14 and 3.15 of Notwithstanding any other provision in this Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive cash payment, in dollars, payment of the principal of and, and (subject to Section 3.06 hereof, 307) interest on such Security (including any Additional Amounts payable in respect thereof) on the respective Payment Date Stated Maturities expressed in such Security (or, in the case of prepaymentredemption, on the respective Prepayment Redemption Date or in the case of an Offer to Purchase made by the Company and required to be accepted as to such Security, on the Payment 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 (Durango Corp)

Unconditional Right of Holders to Receive Principal and Interest. Subject to the terms of Sections 3.14 and 3.15 of Notwithstanding any other provision in this Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive cash payment, in dollars, payment of the principal of andof, premium, if any, and (subject to Section 3.06 hereof, 306) interest on such Security (including any Additional Amounts payable in respect thereof) on the respective Payment Date Stated Maturities expressed in such Security (or, in the case of prepaymentredemption, on the respective Prepayment Redemption Date or in the case of an Offer to Purchase made by the Company and required to be accepted as to such Security, on the Payment 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 (Corporacion Durango Sa De Cv/)

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Unconditional Right of Holders to Receive Principal and Interest. Subject to the terms of Sections 3.14 and 3.15 of Notwithstanding any other provision in this Indenture, the Holder of any Security shall have the right, right which is absolute and unconditional, unconditional to receive cash payment, in dollars, payment of the principal of and, subject to Section 3.06 hereof, and interest on such Security (including any Additional Amounts payable in respect thereof) on the respective Payment Date Stated Maturities expressed in such Security (or, in the case of prepaymentredemption or repayment, on the Redemption Date or Repayment Date, as the case may be) at the respective Prepayment Date) places, at the respective times, at the respective rates, in the respective amounts and in Dollars, and to institute suit for the enforcement of any such payment, and such rights right shall not be impaired without the consent of such Holder.

Appears in 1 contract

Samples: Indenture (PNC Financial Services Group Inc)

Unconditional Right of Holders to Receive Principal and Interest. Subject to the terms of Sections 3.14 and 3.15 of Notwithstanding any other provision in this Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive cash payment, in dollars, payment of the principal of and, and (subject to Section 3.06 hereof, 307) interest on such Security (including any Additional Amounts payable in respect thereof) on the respective Payment Date Stated Maturities expressed in such Security (or, in the case of prepaymentredemption, on the respective Prepayment Redemption Date or in the case of an Offer to Purchase made by the Company and required to be accepted as to such Security, on the Purchase 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 (Durango Corp)

Unconditional Right of Holders to Receive Principal and Interest. Subject to the terms of Sections 3.14 and 3.15 of Notwithstanding any other provision in this Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive cash payment, in dollars, payment of the principal of and, and (subject to Section 3.06 hereof, 308) interest on such Security (including any Additional Amounts payable in respect thereof) on the respective Payment Date Stated Maturities expressed in such Security (or, in the case of prepaymentredemption, on the respective Prepayment Redemption Date or in the case of an Offer to Purchase made by the Issuer and required to be accepted as to such Security, on the Purchase Date) and to institute suit for the enforcement of any such payment, and such rights shall not be impaired or affected without the consent of such Holder.

Appears in 1 contract

Samples: Indenture (General Media Inc)

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