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

Unconditional Right of Holders to Receive Principal, Premium 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 principal of, and premium (if any) and interest on, such Security on the Maturity Dates of such payments as expressed in such Security (in the case of redemption, the Redemption Price on the applicable Redemption Date, in the case of the Change of Control Payment, on the applicable Change of Control Payment Date, and in the case of the Asset Sale Offer Price, on the Purchase Date) and to institute suit for the enforcement of any such payment after such respective dates, and such rights shall not be impaired without the consent of such Holder.

Appears in 6 contracts

Samples: Indenture (Efm Programming Inc), Indenture (Talk Radio Network Inc), Indenture (Multiverse Acquisition Corp)

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Unconditional Right of Holders to Receive Principal, Premium 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 principal of, and premium (if any) and interest (and Liquidated Damages, if any) on, such Security on the Maturity Dates or Interest Payment Dates, as applicable, of such payments as expressed in such Security (in the case of redemption, the Redemption Price on the applicable Redemption Date, ; in the case of a Change of Control, the Change of Control PaymentPurchase Price, on the applicable Change of Control Payment Purchase Date, ; and in the case of an Asset Sale, the Asset Sale Offer Price, Price on the Purchase Date) relevant purchase date); and to institute suit for the enforcement of any such payment after such respective datespayment, and such rights shall not be impaired without the consent of such Holder.

Appears in 4 contracts

Samples: Indenture (Kerzner International Employment Services LTD), Indenture (Sun International North America Inc), LSB Industries Inc

Unconditional Right of Holders to Receive Principal, Premium 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 principal of, and premium (if any) ), and interest (and Liquidated Damages, if any) on, such Security on the Maturity Dates of such payments as expressed in such Security (in the case of redemption, the Redemption Price on the applicable Redemption Date, in the case of a Change of Control, the Change of Control Payment, Purchase Price on the applicable Change of Control Payment Purchase Date, and in the case of an Asset Sale, the Asset Sale Offer Price, Price on the Purchase Daterelevant purchase date) and to institute suit for the enforcement of any such payment after such respective dates, and such rights shall not be impaired without the consent of such Holder.

Appears in 3 contracts

Samples: Tia Indenture (Wichita Manufacturing Inc), Financing Agreement (Big 5 Corp /Ca/), Compass Aerospace LTD

Unconditional Right of Holders to Receive Principal, Premium 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 principal of, and premium (if any) and accrued interest on, such Security on the Maturity Dates Date of such payments as expressed in such Security (in the case of redemption, the Redemption Price on the applicable Redemption Date, in the case of the a Change of Control Payment, on the applicable Change of Control Payment Date, and and, in the case of an Asset Sale Offer, the Asset Sale Offer Price, Price on the Asset Sale Purchase Date) and to institute suit for the enforcement of any such payment after such respective dates, and such rights shall not be impaired without the consent of such Holder.

Appears in 3 contracts

Samples: Price Communications Corp, Montgomery Cellular Telephone Co Inc, Price Communications Corp

Unconditional Right of Holders to Receive Principal, Premium 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 principal of, and premium (if any) and accrued interest on, such Security on the Maturity Dates Date of such payments as expressed in such Security (in the case of redemption, the Redemption Price on the applicable Redemption Date, in the case of the Change of Control Payment, on the applicable Change of Control Payment Date, and and, in the case of an Asset Sale Offer, the Asset Sale Offer Price, Price on the Asset Sale Purchase Date) and to institute suit for the enforcement of any such payment after such respective dates, and such rights shall not be impaired without the consent of such Holder.

Appears in 3 contracts

Samples: Price Communications Wireless Inc, Price Communications Corp, Price Communications Corp

Unconditional Right of Holders to Receive Principal, Premium 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 principal of, and premium (if any) and interest on, such Security on the Maturity Dates of respective dates such payments are due as expressed in such Security (in the case of redemption, the Redemption Price on the applicable Redemption Date, in the case of the Change of Control Paymentan Asset Sale Offer, on the applicable Change of Control Payment Date, and in the case of the Asset Sale Offer Price, on the Purchase Datedate of payment thereof and in the case of a Change of Control, the Change of Control Offer Price, on the date of payment thereof) and to institute suit for the enforcement of any such payment after such respective dates, and such rights shall not be impaired without the consent of such Holder.

Appears in 3 contracts

Samples: Universal Outdoor Inc, Universal Outdoor Inc, Universal Outdoor Inc

Unconditional Right of Holders to Receive Principal, Premium 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 principal of, and premium interest (and Liquidated Damages, if any) and interest on, such Security on the Maturity Dates dates of such payments as expressed in such Security (in the case of redemption, the Redemption Price on the applicable Redemption Date, in the case of a Change of Control, the Change of Control Payment, Purchase Price on the applicable Change of Control Payment Purchase Date, and and, in the case of an Asset Sale, the Asset Sale Offer Price, Price on the Asset Sale Purchase Date) and to institute suit for the enforcement of any such payment after such respective datespayment, and such rights shall not be impaired without the consent of such Holder.

Appears in 2 contracts

Samples: Indenture (Trump Communications LLC), Indenture (Trump Atlantic City Funding Iii Inc)

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Unconditional Right of Holders to Receive Principal, Premium 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 principal of, and premium (if any) ), and interest on, such Security on the Maturity Dates of such payments as expressed in such Security (in the case of redemption, the Redemption Price on the applicable Redemption Date, in the case of the Change of Control Payment, on the applicable Change of Control Payment Date, and in the case of the Asset Sale Offer PricePayment, on the Purchase Date) and to institute suit for the enforcement of any such payment after such respective dates, and such rights shall not be impaired without the consent of such Holder.

Appears in 2 contracts

Samples: Tia Indenture (Sun Healthcare Group Inc), Tia Indenture (Sun Healthcare Group Inc)

Unconditional Right of Holders to Receive Principal, Premium 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 principal of, and premium (if any) and interest on, such Security on the Maturity Dates of respective dates such payments are due as expressed in such Security (in the case of redemption, the Redemption Price on the applicable Redemption Date, in the case of a Change of Control Offer, the Change of Control Payment, Purchase Price on the applicable Change of Control Payment Purchase Date, and in the case of an Asset Sale Offer, the Asset Sale Offer Price, on the Purchase Datedate of payment thereof) and to institute suit for the enforcement of any such payment after such respective dates, and such rights shall not be impaired without the consent of such Holder.

Appears in 1 contract

Samples: Community Distributors Inc

Unconditional Right of Holders to Receive Principal, Premium 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 principal of, and premium (if any) and interest onon or Liquidated Damages (if any) with respect to, such Security on the Maturity Dates of respective dates such payments are due as expressed in such Security (in the case of redemption, the Redemption Price on the applicable Redemption Date, in the case of an Asset Sale Offer, the Change of Control Payment, Asset Sale Offer Price on the applicable Change of Control Payment Purchase Date, and in the case of a Change of Control Offer, the Asset Sale Offer Price, Change of Control Purchase Price on the Change of Control Purchase Date) and to institute suit for the enforcement of any such payment after such respective dates, and such rights shall not be impaired without the consent of such Holder.

Appears in 1 contract

Samples: Quality Food Centers Inc

Unconditional Right of Holders to Receive Principal, Premium and Interest. Notwithstanding any other provision of this Indenture, the Holder of any Security Note shall have the right, which is absolute and unconditional, to receive payment of the principal of, and premium (if any) and interest on, such Security Note on the Maturity Dates Date of such payments payment as expressed in such Security Note (in the case of redemption, the Redemption Price on the applicable Redemption Date, in the case of the Change of Control PaymentPurchase Price, on the applicable Change of Control Payment Date, Date and in the case of the Asset Sale Offer Price, on the Purchase Asset Sale Offer Date) ), and to institute suit for the enforcement of any such payment after such respective dates, and such rights shall not be impaired without the consent of such Holder.

Appears in 1 contract

Samples: Indenture (MDC Holdings Inc)

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