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 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), Jazz Casino Co LLC

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Unconditional Right of Holders to Receive Principal and Interest. Notwithstanding any other provision 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 payment cash payment, in dollars, of the Contingent Payments (if Contingent Payments are due and payable in accordance with the terms principal of the Securities and this Indenture) and, subject to Section 3.06 hereof, interest on such Security (including any Additional Amounts payable in respect thereof) on the Contingent respective Payment Dates of such payments as Date expressed in such Security (or, in the case of Required Regulatory Redemptionprepayment, the Redemption Price on the applicable Redemption 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: Supplemental Indenture (Net Servicos De Comunicacao S A), Brazilian Communitary Antennae LTD

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 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 (including any Additional Interest) on such Security on the Contingent Payment Dates Stated Maturity (subject to the deferral of such payments as any due date for the payment of interest in the case of an Extension Period) expressed in such Security (or, in the case of Required Regulatory Redemptionredemption, 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 1 contract

Samples: Indenture (Southwestern Public Service Co)

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 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 on the Contingent Payment Dates of such payments as respective Stated Maturities expressed in such Security (or, in the case of Required Regulatory Redemptionredemption, on the Redemption Price 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 applicable Redemption 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: Durango Corp

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 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 on the Contingent Payment Dates of such payments as respective Stated Maturities expressed in such Security (or, in the case of Required Regulatory Redemptionredemption, on the Redemption Price 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 applicable Redemption 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: Durango Corp

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 principal of, premium, if any, and (if Contingent Payments are due and payable in accordance with the terms of the Securities and this Indenturesubject to Section 306) interest on such Security on the Contingent Payment Dates of such payments as respective Stated Maturities expressed in such Security (or, in the case of Required Regulatory Redemptionredemption, on the Redemption Price 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 applicable Redemption 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: Corporacion Durango Sa De Cv/

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 rightright based on the terms stated herein, 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 Dates of such payments as Stated Maturities expressed in such Security (or, in the case of Required Regulatory Redemptionredemption or purchase pursuant to Article 3 hereof, on the Redemption Date, the Redemption Price on Put Right Purchase Date or the applicable Redemption 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)

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Unconditional Right of Holders to Receive Principal and Interest. Notwithstanding Subject to Article Thirteen hereof and the last paragraph of Section 507 hereof, 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 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 on the Contingent Payment Dates of such payments as respective Stated Maturities expressed in such Security (or, in the case of Required Regulatory Redemptionredemption or purchase, on the Redemption Price on Date or Purchase Date, as the applicable Redemption Datecase 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. Notwithstanding any other provision of in this Indenture, the Holder of any Security shall have the right, right which is absolute and unconditional, 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 Dates of such payments as respective Stated Maturities expressed in such Security (or, in the case of Required Regulatory Redemptionredemption or repayment, on the Redemption Price on Date or Repayment Date, as the applicable Redemption Datecase may be) at the respective 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: PNC Financial Services Group Inc

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 principal of and (if Contingent Payments are due and payable in accordance with the terms of the Securities and this Indenturesubject to Section 308) interest on such Security on the Contingent Payment Dates of such payments as respective Stated Maturities expressed in such Security (or, in the case of Required Regulatory Redemptionredemption, on the Redemption Price 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 applicable Redemption 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: General Media Inc

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