Unconditional Right to Receive Principal and Interest. Notwithstanding any other provisions in this Indenture, every Noteholder has an absolute and unconditional right to receive payment of the principal and interest and other amounts payable on its Note after their due dates (or, in the case of redemption, after the redemption date) and to institute suit for the enforcement of any payment, and this right shall not be impaired without the consent of the Holder.
Appears in 48 contracts
Samples: Indenture (Cwabs Inc), Indenture (Cwabs Inc), Custodial Agreement (CWABS Revolving Home Equity Loan Trust Series, 2004-P)
Unconditional Right to Receive Principal and Interest. Notwithstanding any other provisions in this Indenture, every Noteholder has an absolute and unconditional right to receive payment of the principal of the Principal Amount Notes and interest on the Interest Bearing Notes and other amounts payable on its Note after their due dates (or, in the case of redemption, after the redemption date) and to institute suit for the enforcement of any payment, and this right shall not be impaired without the consent of the Holder.
Appears in 19 contracts
Samples: Custodial Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-D), Custodial Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-E), Custodial Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2006-A)
Unconditional Right to Receive Principal and Interest. Notwithstanding any other provisions in this Indenture, every Noteholder has an absolute and unconditional right to receive payment of the principal of the Notes and interest on the Notes and other amounts payable on its Note after their due dates (or, in the case of redemption, after the redemption date) and to institute suit for the enforcement of any payment, and this right shall not be impaired without the consent of the Holder.
Appears in 1 contract
Samples: Custodial Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-G)
Unconditional Right to Receive Principal and Interest. Notwithstanding any other provisions in this Indenture, every Noteholder has an absolute and unconditional right to receive payment of the principal and interest and other amounts payable on its Note after their due dates (or, in the case of redemption, after the redemption date) and to institute suit for the enforcement of any payment, and this right shall not be impaired without the consent of the Holder. SECTION 5.09.
Appears in 1 contract
Samples: Indenture (Indymac Abs Inc)