Common use of Unconditional Rights of Holders to Receive Principal and Interest Clause in Contracts

Unconditional Rights of Holders to Receive Principal and Interest. Subject to Section 2.7(g), but notwithstanding any other provision of this Indenture, the Holder of any Note shall have the right, which is absolute and unconditional, to receive payment of the principal of and interest on such Note, as such principal, interest and other amounts become due and payable in accordance with the Priority of Payments, as the case may be, and, subject to the provisions of Section 5.8, to institute proceedings for the enforcement of any such payment, and such right shall not be impaired without the consent of such Holder.

Appears in 6 contracts

Samples: Sixth Supplemental Indenture (CM Finance Inc), Indenture (CM Finance Inc), Fourth Amended And (CM Finance Inc)

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Unconditional Rights of Holders to Receive Principal and Interest. Subject to Section 2.7(g), but notwithstanding Notwithstanding any other provision of in this Indenture, the Holder of any Note shall have the right, which is absolute and unconditional, to receive payment of the principal of of, and the Make-Whole Amount, if any, and interest on such Note, as Note on the respective dates such principal, interest and other amounts become payments are due and payable in accordance with the Priority terms of Payments, as the case may be, and, subject to the provisions of Section 5.8, Notes and to institute proceedings suit for the enforcement of any such payment, and such right rights shall not be impaired without the consent of such Holder.

Appears in 4 contracts

Samples: Indenture (Corporate Realty Consultants Inc), Corporate Realty Consultants Inc, Corporate Realty Consultants Inc

Unconditional Rights of Holders to Receive Principal and Interest. Subject to Section 2.7(g), but notwithstanding Notwithstanding any other provision of provisions in this Indenture, the Holder of any Note shall have the right, which is absolute and unconditional, to receive payment of the principal of and interest interest, if any, on such Note, as Note on or after the respective due dates thereof expressed in such principal, interest and other amounts become due and payable Note or in accordance with the Priority of Payments, as the case may be, and, subject to the provisions of Section 5.8, to institute proceedings for the enforcement of any such payment, this Indenture and such right shall not be impaired without the consent of such Holder.

Appears in 3 contracts

Samples: Indenture (St Joe Co), Indenture (Officemax Inc), Indenture (Officemax Inc)

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Unconditional Rights of Holders to Receive Principal and Interest. Subject to (a) Notwithstanding any provision in this Indenture other than Section 2.7(g2.7(h) and Section 2.7(i), but notwithstanding any other provision of this Indenture, the Holder of any Note each Class of Rated Notes shall have the right, which is absolute and unconditional, to receive payment of the principal of and interest on such Note, Notes as such principal, principal and interest and other amounts become becomes due and payable hereunder, in accordance with the Priority of Payments, as the case may be, and, and subject to the provisions of Section 5.4(d) and Section 5.8, to institute proceedings Proceedings for the enforcement of any such payment, and such right shall not be impaired without the consent of such Holder.

Appears in 1 contract

Samples: Indenture (Ares Capital Corp)

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