Common use of Unconditional Rights of Holders to Receive Payment Clause in Contracts

Unconditional Rights of Holders to Receive Payment. Notwithstanding any other provision of this Indenture, the right of any Noteholder of a Note to receive payment of principal and interest on the Note, on or after the respective due dates expressed in the Note, or to bring suit for the enforcement of any such payment on or after such respective dates, is absolute and unconditional and shall not be impaired or affected without the consent of the Noteholder.

Appears in 7 contracts

Samples: Base Indenture (Cendant Corp), Base Indenture (Hertz Corp), Base Indenture (Hertz Global Holdings Inc)

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Unconditional Rights of Holders to Receive Payment. Notwithstanding any other provision of this the Indenture, the right of any Noteholder of a Note to receive payment of principal of and interest on the Note, on or after the respective due dates expressed in the Note, or to bring suit for the enforcement of any such payment on or after such respective dates, is absolute and unconditional and shall not be impaired or affected without the consent of the Noteholder.

Appears in 1 contract

Samples: Base Indenture (Avis Budget Group, Inc.)

Unconditional Rights of Holders to Receive Payment. Notwithstanding any other provision of this the Indenture, the right of any Noteholder Holder of a Note to receive payment of principal of, and premium, if any, and interest on the Note, on or after the respective due dates Series Legal Final Maturity Date expressed in the Note, or to bring suit for the enforcement of any such payment on or after such respective dates, is absolute and unconditional and shall not be impaired or affected without the consent of the NoteholderHolder of the Note.

Appears in 1 contract

Samples: Base Indenture (Jack in the Box Inc /New/)

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Unconditional Rights of Holders to Receive Payment. Notwithstanding any other provision of this Base Indenture, the right of any Noteholder of a Note to receive payment of principal and interest on the Note, on or after the respective due dates expressed in the Note, or to bring suit for the enforcement of any such payment on or after such respective dates, is absolute and unconditional and shall not be impaired or affected without the consent of the Noteholder.

Appears in 1 contract

Samples: Base Indenture (Dollar Thrifty Automotive Group Inc)

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