Unconditional Rights of Holders to Receive Payments. Notwithstanding any other provision in this Indenture, each Holder of any Note shall have the right, which is absolute and unconditional, to receive payment of the principal of, any interest on, and premium, if any, on such Note on the respective Stated Maturity Date or redemption date thereof and to institute suit for the enforcement of any such payment, and such rights shall not be impaired without the consent of such Holder.
Appears in 10 contracts
Samples: License Agreement (Protective Life Secured Trust 2003-1), License Agreement (Protective Life Insurance Co), License Agreement (Protective Life Insurance Co)
Unconditional Rights of Holders to Receive Payments. Notwithstanding any other provision in this the Indenture, each Holder of any Note shall have the right, which is absolute and unconditional, to receive payment of the principal of, any interest on, and premium, if any, on such Note on the respective Stated Maturity Date or redemption date thereof and to institute suit for the enforcement of any such payment, and such rights shall not be impaired without the consent of such Holder.
Appears in 3 contracts
Samples: License Agreement (Principal Life Insurance Co), License Agreement (Principal Life Insurance Co), License Agreement (Principal Life Insurance Co)
Unconditional Rights of Holders to Receive Payments. Notwithstanding any other provision in this IndentureIndenture and subject to Section 316(b) of the Trust Indenture Act, each Holder of any Note shall have the right, which is absolute and unconditional, to receive payment of the principal of, any interest on, and premium, if any, on such Note on the respective Stated Maturity Date or redemption date thereof and to institute suit for the enforcement of any such payment, and such rights shall not be impaired without the consent of such Holder.
Appears in 2 contracts
Samples: Indenture (Governor & Co of the Bank of Ireland), Indenture (Governor & Co of the Bank of Ireland)
Unconditional Rights of Holders to Receive Payments. Notwithstanding any other provision in this Indenture, each the Holder of any Note shall have the right, which is absolute and unconditional, to receive payment of the interest on and principal of, any interest on, and premium, if any, on of such Note on as such interest or principal becomes due and payable in accordance with the respective Stated Maturity Date or redemption date thereof terms of such Note and to institute suit for the enforcement of any such payment, and such rights right shall not be impaired without the consent of such Holder.
Appears in 1 contract
Samples: Trust Indenture and Security Agreement (Commercial Assets Inc)
