Common use of Unconditional Right of Securityholders to Institute Certain Suits Clause in Contracts

Unconditional Right of Securityholders to Institute Certain Suits. Notwithstanding any other provision in this Indenture and any provision of any Security, the right of any Holder of any Security or Coupon to receive payment of the principal of and interest on (together with any additional amounts payable with respect to and pursuant to the terms of such Securities) such Security or Coupon and any interest in respect of a Default in the payment of any such amounts, on or after the respective due dates expressed in such Security or Coupon or Redemption Dates provided for therein or to institute suit for the enforcement of any such payment rights on or after such respective dates shall not be impaired or affected without the consent of such Holder.