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

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 premium, if any) and (subject to Section 307 hereof) interest, if any, on such Security on the Stated Maturity or Maturities expressed in such Security (or, in the case of redemption or repayment at the option of the Holder, on the Redemption Date or the Repayment Date, respectively) 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 1 contract

Samples: Southwestern Electric Power Co

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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 of, premium (and premium, if any) and (subject to Section 307 hereof3.07) interest, if any, interest on or any Additional Amounts with respect to such Security on the Stated Maturity or Maturities expressed in such Security (or, in the case of redemption or repayment at the option of the Holderredemption, on the Redemption Date or the Repayment Date, respectively) and to institute suit for the enforcement of any such paymentpayment on or after such respective dates, and such rights shall not be impaired or affected without the consent of such Holder.

Appears in 1 contract

Samples: Abraxas Petroleum (Abraxas Petroleum Corp)

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 rightright based on the terms stated herein, which is absolute and unconditional, to receive payment of the principal of (and of, premium, if any) , and (subject to Section 307 hereof309) interest, if any, interest on such Security on the respective Stated Maturity or Maturities expressed in such Security (or, in the case of redemption or repayment at the option of the Holderrepurchase, on the Redemption Date or the Repayment Date, respectivelyrepurchase 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 1 contract

Samples: Indenture (Concentric Network Corp)

Unconditional Right of Holders to Receive Principal. Premium and Interest. -------------------- Interest Notwithstanding any other provision in this IndentureIndenture or any provision of any Security of any series, the Holder of a Security of any Security series or Coupon appertaining thereto shall have the right, which is absolute and unconditional, to receive payment of the principal of (and premium, if any) and (subject to Section 307 hereof3.07) interest, if any, interest on such Security or Coupon on the Stated Maturity or Stated Maturities expressed in such Security (or Coupon or, in the case of redemption or repayment at the option of the Holderredemption, on the Redemption Date or the Repayment Date, respectively) 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 1 contract

Samples: Union Pacific Resources Group Inc

Unconditional Right of Holders to Receive Principal. Premium and ---------------------------------------------------------------- Interest. -------------------- -------- Notwithstanding any other provision in of this Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive payment of the principal of (and of, premium, if any, and (except as specified as contemplated by Section 301(3) and (subject to Section 307 hereof307) interest, if any, any interest on such Security on the Stated Maturity or Maturities expressed in such Security (or, in the case of redemption or repayment at the option of the Holderredemption, on the Redemption Date or the Repayment Date, respectively) 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 1 contract

Samples: Seagate Technology Inc

Unconditional Right of Holders to Receive Principal. Premium and InterestAND ------------------------------------------------------- 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 premium, if any) and (subject to Section 307 hereof) interest, if any, on such Security on the Stated Maturity or Stated Maturities expressed in such Security (or, in the case of redemption or repayment at the option of the Holderredemption, on the Redemption Date or the Repayment Date, respectively) 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 1 contract

Samples: Indenture (Host Marriott Trust)

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 payment, as provided herein (including, if applicable, Article Twelve) and in such Security of the principal of (and premium, if any) and (subject to Section 307 hereof309) interest, if any, interest on such Security on the respective Stated Maturity or Maturities expressed in such Security (or, in the case of redemption or repayment at the option of the Holderredemption, on the Redemption Date or the Repayment Date, respectively) 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 1 contract

Samples: Breed Technologies Inc

Unconditional Right of Holders to Receive Principal. Premium (Premium, if any) and Interest. -------------------- Notwithstanding any other provision in this ------------------------------ Indenture, the Holder of any Security Secu- rity or coupon shall have the right, right which is absolute and unconditional, unconditional to receive payment of the principal of (and premium, if any) and (subject to Section 307 hereofSections 305 and 307) interest, if any, interest on such Security or payment of such coupon on the Stated Maturity or Maturities respective due dates expressed in such Security or coupon (or, in the case of redemption or repayment at the option of the Holderredemption, on the Redemption Date or the Repayment Date, respectively) 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 1 contract

Samples: NVR Inc

Unconditional Right of Holders to Receive Principal. Premium (Premium, if any) and Interest. -------------------- Notwithstanding any other provision in this ------------------------------ Indenture, the Holder of any Security or coupon shall have the right, right which is absolute and unconditional, unconditional to receive payment of the principal of (and premium, if any) and (subject to Section 307 hereofSections 305 and 307) interest, if any, interest on such Security or payment of such coupon on the Stated Maturity or Maturities respective due dates expressed in such Security or coupon (or, in the case of redemption or repayment at the option of the Holderredemption, on the Redemption Date or the Repayment Date, respectively) 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 1 contract

Samples: NVR Inc

Unconditional Right of Holders to Receive Principal. Premium and Interest; Direct Action by Holders of Preferred Securities. -------------------- 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 premium, if any) and (subject to Section 307 hereof3.7) interest, if any, interest (including any Additional Interest) on such Security on the respective Stated Maturity or Maturities expressed in such Security (or, in the case of redemption or repayment at the option of the Holderredemption, on the Redemption Date or the Repayment Date, respectively) 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.. In the case of Securities of a series held by a Trust, any holder of the corresponding series of Preferred

Appears in 1 contract

Samples: Mbna Capital V

Unconditional Right of Holders to Receive Principal. Premium (Premium, if any) 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 (including, if applicable, Article Fourteen) and in such Security, of the principal of (and premium, if any) and (subject to Section 307 hereof3.07) interest, if any, on such Security on the respective Stated Maturity or Maturities expressed in such Security (or, in the case of redemption or repayment at the option of the Holderredemption, on the Redemption Date or the Repayment Date, respectively) 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 1 contract

Samples: Ovintiv Inc.

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 rightright based on the terms stated herein, which is absolute and unconditional, to receive payment of the principal of (and of, premium, if any) , and (subject to Section 307 hereof307) interest, if any, interest on such Security on the respective Stated Maturity or Maturities expressed in such Security (or, in the case of redemption or repayment at the option of the Holderrepurchase, on the Redemption Date or the Repayment Date, respectivelyrepurchase 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 1 contract

Samples: Loehmanns Holdings Inc

Unconditional Right of Holders to Receive Principal. Premium and InterestInterest and to Convert. -------------------- Notwithstanding any other provision in this Indenture, the Holder of any Security shall have the right, which is in absolute and unconditional, to receive payment of the principal of (and premium, if any) any premium and (subject to Section 307 hereof307) interest, if any, any interest on such Security on the Stated Maturity or Maturities expressed in such Security (or, in the case of redemption or repayment at the option of the Holderredemption, on the Redemption Date or Date) and to convert such Securities in accordance with the Repayment Date, respectively) terms thereof and to institute suit for the enforcement of any such paymentpayment or such right of conversion, and such rights shall not be impaired without the consent of such Holder.

Appears in 1 contract

Samples: Nabors Industries Inc

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Unconditional Right of Holders to Receive Principal. Premium and And ---------------------------------------------------------------- Interest. -------------------- -------- Notwithstanding any other provision in of 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 premium (and premium, if any) and (subject to Section 307 hereof) interestinterest on, if any, on such Security on the Stated Maturity or Maturities expressed in such Security when due (orincluding, in the case of redemption or repayment at redemption, the option Redemption Price on the applicable Redemption Date, and in the case of the HolderRepurchase Price, on the Redemption Date or the Repayment applicable Repurchase Date, respectively) and to institute suit for the enforcement of any such paymentpayment after such respective dates, and such rights shall not be impaired without the consent of such Holder.

Appears in 1 contract

Samples: Platinum Technology Inc

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 payment, as provided herein (including, if applicable, Article Twelve) and in such Security of the principal of (and premium, if any) and (subject to Section 307 hereof307) interest, if any, interest on such Security on the respective Stated Maturity or Maturities expressed in such Security (or, in the case of redemption or repayment at the option of the Holderredemption, on the Redemption Date or the Repayment Date, respectively) 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 1 contract

Samples: Globenet Communications Group LTD

Unconditional Right of Holders to Receive Principal. Premium Premium, Interest and InterestAdditional Amounts. -------------------- Notwithstanding any other provision in of this IndentureInden- ture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive payment of the principal of of, and premium (and premium, if any) ), interest on and (subject to Section 307 hereof) interestAddi- tional Amounts with respect to, if any, on such Security on the Stated Maturity or Maturities expressed in such Security when due (orin- cluding, in the case of redemption or repayment at redemption, the option of the Holder, Redemption Price on the applicable Redemption Date or the Repayment Date, respectively) and to institute suit for the enforcement of any such paymentpayment after such respective dates, and such rights shall not be impaired without the consent of such Holder.

Appears in 1 contract

Samples: Indenture (Checkpoint Systems Inc)

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 as provided herein (including, if applicable, Article Twelve) and in such Security of the principal and Accreted Value of (and premium, if any) and (subject to Section 307 hereof307) interest, if any, interest on such Security on the respective Stated Maturity or Maturities expressed in such Security (or, in the case of redemption or repayment at the option of the Holderredemption, on the Redemption Date or the Repayment Date, respectively) 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 1 contract

Samples: Qwest Communications International Inc

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 payment, as provided herein (including, if applicable, Article Thirteen) and in such Security of the principal of (and premium, if any) and (subject to Section 307 hereof307) interest, if any, interest on such Security on the respective Stated Maturity or Maturities expressed in such Security (or, in the case of redemption or repayment at the option of the Holderany redemption, on the Redemption Date or the Repayment Date, respectively) 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 1 contract

Samples: Valujet Inc

Unconditional Right of Holders to Receive Principal. Premium and InterestInterest and to Convert. -------------------- 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 premium, if any) and (subject to Section 307 hereof307) interest, if any, interest on such Security on the respective Stated Maturity or Maturities expressed in such Security (or, in the case of redemption or repayment at the option of the Holderredemption, on the Redemption Date or the Repayment Date, respectively) and to convert such Security in accordance with Article Thirteen and to institute suit for the enforcement of any such paymentpayment and right to convert, and such rights shall not be impaired without the consent of such Holder.

Appears in 1 contract

Samples: Intermagnetics General Corp

Unconditional Right of Holders to Receive Principal. Premium and InterestInterest or to Convert. -------------------- 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 premium, if any) any premium and (subject to Section 307 hereof3.07) interest, if any, interest on such Security on the respective Stated Maturity or Maturities expressed in such Security (or, in the case of redemption or repayment at the option of the Holderredemption, on the Redemption Date or the Repayment Date) and, respectively) and if applicable, to convert such Security in accordance with Article Fifteen, to institute suit for the enforcement of any such paymentpayment and right to convert, and such rights shall not be impaired without the consent of such Holder.

Appears in 1 contract

Samples: Indenture (Associated Banc-Corp)

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