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

Unconditional Right of Holders to Receive Principal 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 interest on such Security, as the case may be, on the respective Stated Maturity Date or other Maturity therefor specified in such Security (subject in each case to the respective cure periods set forth in Section 6.01) and to institute suit for the enforcement of any such payment, and such right shall not be impaired without the consent of such Holder.

Appears in 5 contracts

Samples: Tia Indenture (Toyota Lease Trust), Tia Indenture (Toyota Auto Lease Trust 1998-B), Toyota Motor Credit Corp

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Unconditional Right of Holders to Receive Principal 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 interest on such Security, as the case may be, on the respective Stated Maturity Date or other Maturity Maturities therefor specified in such Security (subject in each case to the respective cure periods set forth in Section 6.01) and to institute suit for the enforcement of any such payment, and such right shall not be impaired without the consent of such Holder.

Appears in 3 contracts

Samples: Indenture (Toyota Lease Trust), Indenture (Toyota Lease Trust), Toyota Auto Lease Trust 1997-A

Unconditional Right of Holders to Receive Principal 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 of, premium, if any, and interest interest, if any, on such Security, as Security on or after the case may be, on the respective Stated Maturity Date dates of maturity or other Maturity therefor specified maturities expressed in such Security (subject or, in each the case to of redemption, on the respective cure periods set forth in Section 6.01) redemption date), and to institute suit for the enforcement of any such paymentpayment on or after such respective dates, and such right rights shall not be impaired or affected without the consent of such Holder.

Appears in 2 contracts

Samples: Indenture (Paramount Resources LTD), Paramount Resources LTD

Unconditional Right of Holders to Receive Principal 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 of, and (subject to Section 208) interest on on, such Security, as the case may be, Security on the respective Stated Maturity Date or other Maturity therefor specified in such Security (subject in each case to the respective cure periods set forth in Section 6.01) and to institute suit for the enforcement of any such payment, and such right rights shall not be impaired without the consent of such Holder.

Appears in 1 contract

Samples: Indenture (PPL Capital Funding Inc)

Unconditional Right of Holders to Receive Principal 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 payment, as provided herein and in such Security of the principal of and (subject to Section 309) interest on such Security, as the case may be, Security on the respective Stated Maturity Date or other Maturity therefor specified Maturities expressed in such Security (subject or, in each the case to of redemption, on the respective cure periods set forth in Section 6.01Redemption Date) and to institute suit for the enforcement of any such payment, and such right rights shall not be impaired without the consent of such Holder.

Appears in 1 contract

Samples: Restructuring Agreement (Upc Polska Inc)

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Unconditional Right of Holders to Receive Principal 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 (subject to Section 307) interest on such Security, as the case may be, Security on the respective Stated Maturity Date or other Maturity therefor specified expressed in such Security (subject or, in each the case to of redemption, on the respective cure periods set forth in Section 6.01Redemption Date) and to institute suit for the enforcement of any such payment, and such right rights shall not be impaired without the consent of such Holder.

Appears in 1 contract

Samples: Indenture (American Financial Capital Trust I)

Unconditional Right of Holders to Receive Principal 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 of, premium, if any, and (subject to Section 3.6) interest on such Security, as the case may be, Security on the respective Stated Maturity Date or other Maturity therefor specified Maturities expressed in such Security (subject or, in each the case to of redemption, on the respective cure periods set forth in Section 6.01Redemption Date) and to institute suit for the enforcement of any such payment, and such right rights shall not be impaired without the consent of such Holder.

Appears in 1 contract

Samples: FBL Financial Group Inc

Unconditional Right of Holders to Receive Principal and Interest. Notwithstanding any other provision in this Indenture, the Holder of any Security shall have the right, right which is absolute and unconditional, unconditional to receive payment of the principal of and interest on such Security on the Maturity Date expressed in any Investment Note, as such Maturity Date may be extended or renewed in accordance with this Indenture, or on the redemption date of any Security, as the case may be, on the respective Stated Maturity Date or other Maturity therefor specified in such Security (subject in each case to the respective cure periods set forth in Section 6.01) and to institute suit 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 (Levitt Corp)

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