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

Unconditional Right of Holders to Receive Principal, Premium and Interest and to Convert. 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 (subject to Section 3.7) interest on such Security on the respective Stated Maturities expressed in such Security (or, in the case of redemption or repurchase, on the Redemption Date or Change in Control Repurchase Date or Repurchase Date, as the case may be), and to convert such Security in accordance with Article XII, 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 (Church & Dwight Co Inc /De/)

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Unconditional Right of Holders to Receive Principal, Premium and Interest and to Convert. 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, of (and premium, if any, ) and (subject to Section 3.73.07) interest on such Security on the respective Stated Maturities expressed in such Security (or, in the case of redemption redemption, repurchase or repurchase, purchase on the Redemption Date, Fundamental Change Purchase Date or Change in Control Repurchase Date or Repurchase Purchase Date, as the case may be), and to convert such Security in accordance with Article XIIXV, and to institute suit for the enforcement of any such payment and or right to convert, and such rights shall not be impaired without the consent of such Holder.

Appears in 1 contract

Samples: Indenture (United Rentals Inc /De)

Unconditional Right of Holders to Receive Principal, Premium and Interest and to Convert. 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, of and premium, if any, and (subject to Section 3.73.07) interest on such Security on the respective Stated Maturities expressed in such Security (or, in the case of redemption or repurchaseredemption, on the Redemption Date or Change or, in Control Repurchase Date or the case of a repurchase pursuant to Article XIV, on the Repurchase Date, as the case may be), ) and to convert such Security in accordance with Article XII, XIII 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 (Avatar Holdings Inc)

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Unconditional Right of Holders to Receive Principal, Premium and Interest and to Convert. 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 (subject to Section 3.7) interest (including any Liquidated Damages) on such Security on the respective Stated Maturities expressed in such Security (or, in the case of redemption or repurchase, on the Redemption Date or Change in Control Repurchase Date or Repurchase Date, as the case may be), and to convert such Security in accordance with Article XIIEleven, 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 (I2 Technologies Inc)

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