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

Unconditional Right of Noteholders to Receive Principal, Premium and Interest. Notwithstanding any other provision in this Indenture but subject to the provisions of Article Fifteen, the holder of any Note shall have the right, which is absolute and unconditional, to receive payment of the principal of (and premium, if any) and (subject to Section 3.02 and 4.01) any interest on such Notes on the respective stated maturities expressed in such Note (or, in the case of redemption, on the Redemption Date) and to institute suit for the enforcement of any such payment, and such right shall not be impaired without the consent of such holder.

Appears in 3 contracts

Samples: Indenture (Bank of America Corp /De/), Restated Indenture (Bank of America Corp /De/), Indenture (Bank of America Corp /De/)

AutoNDA by SimpleDocs

Unconditional Right of Noteholders to Receive Principal, Premium and Interest. Notwithstanding any other provision in this Indenture but subject to the provisions of Article FifteenIndenture, the holder of any Note shall have the right, which is absolute and unconditional, to receive payment of the principal of (and premium, if any) and (subject to Section Sections 3.02 and 4.01) any interest on such Notes Note on the respective stated maturities Maturity Date expressed in such Note (or, in the case of redemption, on the Redemption Dateredemption date) and to institute suit for the enforcement of any such payment, and such right shall not be impaired without the consent of such holder.

Appears in 2 contracts

Samples: Indenture (Bank of America Corp /De/), Restated Indenture (Bank of America Corp /De/)

Unconditional Right of Noteholders to Receive Principal, Premium and Interest. Notwithstanding any other provision in this Indenture but subject to the provisions of Article FifteenIndenture, the holder Holder of any Note shall have the right, which is absolute and unconditional, to receive payment of the principal of (and premium, if any) and (, and, subject to Section 3.02 and 4.01) any 3.07, interest on such Notes Note on the respective stated maturities Stated Maturities expressed in such Note (or, in the case of redemptionan Offer to Purchase made by the Company and required to be accepted as to such Note, on the Redemption Change of Control Purchase Date) and to institute suit for the enforcement of any such payment, and such right shall not be impaired or affected without the consent of such holderHolder.

Appears in 1 contract

Samples: Indenture (Local Financial Corp /Nv)

AutoNDA by SimpleDocs

Unconditional Right of Noteholders to Receive Principal, Premium and Interest. Notwithstanding any other provision in this Indenture but subject to the provisions of Article FifteenIndenture, the holder Notes or the Guarantee, the Noteholder of any Note shall have the right, which is absolute and unconditional, to receive payment of the principal of (and premium, if any) and (subject to Section 3.02 and 4.012.7 hereof) any interest on such Notes Note on the respective stated maturities Stated Maturities expressed in such Note (or, in the case of redemption, on the or earlier Redemption Date) and to institute suit for the enforcement of any such payment, and such right rights shall not be impaired without the consent of such holderNoteholder.

Appears in 1 contract

Samples: Indenture (Votorantim Pulp & Paper Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!