Common use of Unconditional Rights of Holders To Receive Principal Clause in Contracts

Unconditional Rights of Holders To Receive Principal. PREMIUM, IF ANY, INTEREST AND ADDITIONAL AMOUNTS Notwithstanding any other provision in this Indenture, the Holder of any Security or coupon shall have the right, which is absolute and unconditional, to receive payment of the principal of (and premium or Make-Whole Amount, if any) and (subject to Sections 3.5 and 3.7) interest on, and any Additional Amounts, if any, in respect of, such Security or payment of such coupon on the respective due dates expressed in such Security or coupon (or, in the case of redemption, on the Redemption Date) 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 4 contracts

Samples: Commercial Net Lease Realty Inc, Commercial Net Lease Realty Inc, Commercial Net Lease Realty Inc

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