Unconditional Rights of Noteholders to Receive Payment Sample Clauses

Unconditional Rights of Noteholders to Receive Payment. Notwithstanding any other provision of the Indenture, the right of any 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 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 Holder of the Note.
AutoNDA by SimpleDocs
Unconditional Rights of Noteholders to Receive Payment. 105106 Section 9.11 The Trustee May File Proofs of Claim 105107 Section 9.12 Undertaking for Costs 106107 Section 9.13 Restoration of Rights and Remedies 106107 Section 9.14 Rights and Remedies Cumulative 106108 Section 9.15 Delay or Omission Not Waiver 107108 Section 9.16 Waiver of Stay or Extension Laws 107108 ARTICLE X THE TRUSTEE 107108 Section 10.1 Duties of the Trustee 107108 Section 10.2 Rights of the Trustee 111113 Section 10.3 Individual Rights of the Trustee 114116 Section 10.4
Unconditional Rights of Noteholders to Receive Payment. Notwithstanding any other provision of the Indenture, the right of any 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 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 Holder of the Note. Section 9.11 The Trustee May File Proofs of Claim. The Trustee is authorized to file such proofs of claim and other papers or documents as may be necessary or advisable in order to have the claims of the Trustee (including any claim for the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents

Related to Unconditional Rights of Noteholders to Receive Payment

  • Unconditional Rights of Noteholders to Receive Principal and Interest Notwithstanding any other 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, if any, on such Note on or after the respective due dates thereof expressed in such Note or in this Indenture (or, in the case of redemption, on or after the Redemption Date) and to institute suit for the enforcement of any such payment, and such right shall not be impaired without the consent of such Holder.

  • Unconditional Right of Holders to Receive Principal, Premium and Interest Notwithstanding any other provision in this Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive payment of the principal of and any premium and (subject to Section 307) interest on such Security on the respective Stated Maturities expressed in such Security (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.

Time is Money Join Law Insider Premium to draft better contracts faster.