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

Unconditional Right of Holders to Receive Principal and Interest. 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 interest, if any, on such Security on or after the dates of maturity or maturities expressed in such Security (or, in the case of redemption, on the redemption date), and to institute suit for the enforcement of any such payment on or after such respective dates, and such rights shall not be impaired or affected without the consent of such Holder.

Appears in 2 contracts

Samples: Indenture (Paramount Resources LTD), Indenture (Paramount Resources LTD)

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Unconditional Right of Holders to Receive Principal and Interest. 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 ofPrincipal Amount, premiumRedemption Price, Purchase Price, Change in Control Purchase Price or interest (including Contingent Interest, if any, and interest, if any, ) on such Security on or after the respective due dates of maturity or maturities expressed in such Security (orSecurity, and to convert the Securities in the case of redemption, on the redemption date)accordance with Article XI, and to institute suit for the enforcement of any such payment on or after such respective dates, and such rights shall not be impaired or affected without the consent of such Holder.

Appears in 1 contract

Samples: Indenture (Affiliated Managers Group Inc)

Unconditional Right of Holders to Receive Principal and Interest. 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 payment of the principal of, premium, if any, of and interest, if any, interest on such Security on or after the dates of maturity or maturities Maturity Date expressed in any Investment Note, as such Security (orMaturity Date may be extended or renewed in accordance with this Indenture, in the case of redemption, or on the redemption date)date of any Security, and to institute suit for the enforcement of any such payment on or after such respective datespayment, and such rights right shall not be impaired or affected without the consent of such Holder.

Appears in 1 contract

Samples: Indenture (Levitt Corp)

Unconditional Right of Holders to Receive Principal and Interest. 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 ofAccreted Principal Amount, premiumRedemption Price, Purchase Price, Remarketing Purchase Price, Change in Control Purchase Price and interest (including Contingent Interest and Liquidated Damages, if any, and interest, if any, ) on such Security on or after the respective due dates of maturity or maturities expressed in such Security (orSecurity, and to convert the Securities in the case of redemption, on the redemption date)accordance with Article 11, and to institute suit for the enforcement of any such payment on or after such respective dates, and such rights shall not be impaired or affected without the consent of such Holder.

Appears in 1 contract

Samples: Indenture (Wells Fargo & Co/Mn)

Unconditional Right of Holders to Receive Principal and Interest. 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, premiumand (subject to Section 208) interest on, if any, and interest, if any, on such Security on or after the dates of maturity or maturities expressed in such Security Stated Maturity (or, in the case of redemption, on the redemption date)Redemption Date or, in the case of purchase, on the Purchase Date or Fundamental Change Purchase Date, as applicable) and to institute suit for the enforcement of any such payment on or after such respective datespayment, and such rights shall not be impaired or affected without the consent of such Holder.

Appears in 1 contract

Samples: Indenture (PPL Corp)

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Unconditional Right of Holders to Receive Principal and Interest. 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 ofAccreted Principal Amount, premiumRedemption Price, Purchase Price, Fundamental Change Purchase Price and interest (including Contingent Interest and Additional Interest, if any, and interest, if any, ) on such Security on or after the respective due dates of maturity or maturities expressed in such Security (orSecurity, and to convert the Securities in the case of redemption, on the redemption date)accordance with Article 11, and to institute suit for the enforcement of any such payment on or after such respective dates, and such rights shall not be impaired or affected without the consent of such Holder.

Appears in 1 contract

Samples: Indenture (Lockheed Martin Corp)

Unconditional Right of Holders to Receive Principal and Interest. 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 ofAccreted Principal Amount, premiumRedemption Price, Purchase Price, Fundamental Change Purchase Price and interest (including Contingent Interest, if any, and interest, if any, ) on such Security on or after the respective due dates of maturity or maturities expressed in such Security (orSecurity, and to convert the Securities in the case of redemption, on the redemption date)accordance with Article 11, and to institute suit for the enforcement of any such payment on or after such respective dates, and such rights shall not be impaired or affected without the consent of such Holder.

Appears in 1 contract

Samples: Indenture (DST Systems Inc)

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