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

Unconditional Rights of Holders to Receive Payment. Notwithstanding any other provision in this Indenture or the Security Trust and Intercreditor Deed, each Holder of any Senior Note shall have the right, which is absolute and unconditional, to receive payment of the principal of (and premium, if any), interest, and Additional Amounts, if any, on such Senior Note on the respective dates when such payments are due and to institute suit for the enforcement of any such payment, and such rights shall not be impaired without the consent of such Holder.

Unconditional Rights of Holders to Receive Payment. Notwithstanding any other provision in this Indenture or the Security Trust and Intercreditor Deed, each Holder of any Senior Junior Note shall have the right, which is absolute and unconditional, to receive payment of the principal of (and premium, if any), interest, and Additional Amounts, if any, on such Senior Junior Note on the respective dates when such payments are due and to institute suit for the enforcement of any such payment, and such rights shall not be impaired without the consent of such Holder.

Unconditional Rights of Holders to Receive Payment. Notwithstanding any other provision in this Indenture or in the Security Trust and Intercreditor Deed, each Holder of any Senior Junior Note shall have the right, which is absolute and unconditional, to receive payment of the principal of (and premium, if any), interest, and Additional Amounts, if any, on such Senior Junior Note on the respective dates when such payments are due and to institute suit for the enforcement of any such payment, and such rights shall not be impaired without the consent of such Holder.