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

Unconditional Right of Noteholders to Receive Principal and Interest. Notwithstanding any other provision in this Indenture, other than the provisions hereof limiting the right to recover amounts due on the Notes to recoveries from the property of the Trust Estate, the holder of any Note shall have the absolute and unconditional right to receive payment of the principal of and interest on such Note on the Maturities for such payments, including the Stated Maturity, and to institute suit for the enforcement of any such payment, and such rights shall not be impaired without the consent of such Noteholder.

Appears in 9 contracts

Samples: Indenture (Copelco Capital Funding LLC 2000-A), Indenture (Copelco Capital Funding Corp X), Indenture (Copelco Capital Funding Corp X)

AutoNDA by SimpleDocs

Unconditional Right of Noteholders to Receive Principal and Interest. Notwithstanding any other provision in this Indenture, other than the provisions hereof limiting the right to recover amounts due on the Notes to recoveries from the property of comprising the Trust Estate, the holder Noteholder of any Note shall have the absolute and unconditional right to receive payment of the principal of of, and interest on on, such Note on the Maturities for as such paymentspayments of principal and interest become due, including on the Stated Maturity, and to institute suit for the enforcement of any such payment, and such rights right shall not be impaired without the consent of such Noteholder.

Appears in 9 contracts

Samples: Note Funding Agreement (BBX Capital Corp), BXG Timeshare (Bluegreen Vacations Holding Corp), Indenture (BBX Capital Corp)

Unconditional Right of Noteholders to Receive Principal and Interest. Notwithstanding any other provision in this Indenture, other than the provisions hereof limiting the right to recover amounts due on the Notes to recoveries from the property of the Trust Estate, the holder of any Note Noteholders shall have the right, which is absolute and unconditional right unconditional, to receive payment of the principal of and interest on such Note as such principal and interest becomes due and payable in accordance with the terms of this Indenture (including, without limitation, the limitation on such payments to the Maturities for such payments, including the Stated Maturity, extent of Available Funds on each Payment Date) and to institute suit for the enforcement of any such payment, and such rights right shall not be impaired without the consent of such Noteholder.

Appears in 6 contracts

Samples: Indenture (First Sierra Receivables Iii Inc), First Sierra Equipment Contract (First Sierra Receivables Iii Inc), Indenture (Prudential Securities Secured Financing Corp)

Unconditional Right of Noteholders to Receive Principal and Interest. Notwithstanding any other provision in this Indenture, other than the provisions hereof limiting the right to recover amounts due on the Notes to recoveries from the property of comprising the Trust Estate, the holder of any Note each Noteholder shall have the absolute and unconditional right to receive payment of the principal of of, and interest on on, such Note on the Maturities for as such paymentspayments of principal and interest become due, including on the Stated Maturity, and to institute suit for the enforcement of any such payment, and such rights right shall not be impaired without the consent of such Noteholder.

Appears in 5 contracts

Samples: Indenture (Bluegreen Corp), Bluegreen Corp, Bluegreen Corp

Unconditional Right of Noteholders to Receive Principal and Interest. Notwithstanding any other provision in of this Indenture, other than the provisions hereof limiting the right to recover amounts due on the Notes to recoveries from the property of the Trust EstatePledged Assets, the holder of any Note shall have the absolute and unconditional right to receive payment of the principal of and interest on such Note on the Maturities for as such payments, including the Stated Maturity, principal and interest becomes due and payable and to institute suit for the enforcement of any such payment, and such rights right shall not be impaired without the consent of such Noteholder.

Appears in 5 contracts

Samples: Receivables Purchase Agreement (Domus Holdings Corp), Purchase Agreement (NRT Settlement Services of Missouri LLC), Purchase Agreement (Realogy Corp)

Unconditional Right of Noteholders to Receive Principal and Interest. Notwithstanding any other provision in this Indenture, other than the provisions hereof limiting the right to recover amounts due on the Notes to recoveries from the property of comprising the Trust Estate, the holder Holder of any Note shall have the absolute and unconditional right to receive payment of the principal of of, and interest on on, such Note on the Maturities for as such paymentspayments of principal and interest become due, including on the Stated Maturity, and to institute suit for the enforcement of any such payment, and such rights right shall not be impaired without the consent of such Noteholder.

Appears in 4 contracts

Samples: Silverleaf Resorts Inc, Silverleaf Resorts Inc, BXG Receivables (Bluegreen Corp)

Unconditional Right of Noteholders to Receive Principal and Interest. Notwithstanding any other provision in this Indenture, other than the provisions hereof limiting the right to recover amounts due on the Notes to recoveries from the property of comprising the Trust EstateCollateral, the holder Holder of any Note shall have the absolute and unconditional right to receive payment of the principal of of, and interest on on, such Note on the Maturities for as such paymentspayments of principal and interest become due, including on the Stated Maturity, and to institute suit for the enforcement of any such payment, and such rights right shall not be impaired without the consent of such Noteholder.

Appears in 4 contracts

Samples: Indenture (Silverleaf Resorts Inc), Indenture (Silverleaf Resorts Inc), Silverleaf Resorts Inc

Unconditional Right of Noteholders to Receive Principal and Interest. Notwithstanding any other provision in this Indenture, other than the provisions hereof limiting the right to recover amounts due on the Notes to recoveries from the property of the allocated Trust Estate, the holder of any Note shall have the absolute and unconditional right to receive payment of the principal of and interest on such Note on the Maturities for such payments, including the Stated Maturity, and to institute suit for the enforcement of any such payment, and such rights right shall not be impaired without the consent of such Noteholder.

Appears in 3 contracts

Samples: Trust Indenture (Autobond Acceptance Corp), Trust Indenture (Autobond Acceptance Corp), Trust Indenture (Autobond Acceptance Corp)

Unconditional Right of Noteholders to Receive Principal and Interest. Notwithstanding any other provision in this Indenture, other than the provisions hereof limiting the right to recover amounts due on the Notes to recoveries from the property of comprising the Trust Estate, the holder Holder of any Note shall have the absolute and unconditional right to receive payment of the principal of and interest on such Note on the Maturities for as such paymentspayments of principal and interest become due, including the Stated Maturity, and to institute suit for the enforcement of any such payment, and such rights right shall not be impaired without the consent of such Noteholder.

Appears in 3 contracts

Samples: Indenture (Diamond Resorts Parent, LLC), Indenture (Diamond Resorts Parent, LLC), Indenture (Sunterra Corp)

Unconditional Right of Noteholders to Receive Principal and Interest. Notwithstanding any other provision in this IndentureIndenture and Servicing Agreement, other than the provisions hereof limiting the right to recover amounts due on the Notes to recoveries from the property of comprising the Trust Estate, the holder Holder of any Note shall have the absolute and unconditional right to receive payment of the principal of and interest on such Note as such payments of principal and interest become due, including on the Maturities for such payments, including the Stated Maturity, Maturity and to institute suit for the enforcement of any such paymentMandatory Redemption Date, and such rights right shall not be impaired without the consent of such Noteholder.

Appears in 3 contracts

Samples: Indenture and Servicing Agreement (MARRIOTT VACATIONS WORLDWIDE Corp), Indenture and Servicing Agreement (Marriott Vacations Worldwide Corp), Indenture and Servicing Agreement (Marriott Vacations Worldwide Corp)

Unconditional Right of Noteholders to Receive Principal and Interest. Notwithstanding any other provision in this Indenture, other than the provisions hereof limiting the right to recover amounts due on the Notes to recoveries from the property of comprising the Trust Estate, the holder Holder of any Note and each Purchaser (as a beneficial holder of a Note) shall have the absolute and unconditional right to receive payment of the principal of and interest on such Note on the Maturities for as such paymentspayments of principal and interest become due, including the Stated Maturity, and to institute suit for the enforcement of any such payment, and such rights right shall not be impaired without the consent of such NoteholderNoteholder or such Purchaser.

Appears in 3 contracts

Samples: Indenture (Diamond Resorts International, Inc.), Indenture (Diamond Resorts Corp), Indenture (Diamond Resorts Parent, LLC)

Unconditional Right of Noteholders to Receive Principal and Interest. Notwithstanding any other provision in this Indenture, other than the provisions hereof limiting the right to recover amounts due on the Notes to recoveries from the property of the Trust Estate, the holder Holder of any Note shall have the absolute and unconditional right to receive payment of the principal of and interest on such Note on the Maturities for such payments, including the Stated Maturity, and to institute suit for the enforcement of any such payment, and such rights shall not be impaired without the consent of such Noteholder.

Appears in 2 contracts

Samples: Indenture (Provident Lease Receivables Corp), Indenture (Provident Lease Receivables Corp)

Unconditional Right of Noteholders to Receive Principal and Interest. Notwithstanding any other provision in this Indenture, other than the provisions hereof limiting the right to recover amounts due on the Notes to recoveries from the property of comprising the Trust Estate, the holder Holder of any Note shall have the absolute and unconditional right to receive payment of the principal of and interest on such Note on the Maturities for as such paymentspayments of principal and interest become due, including on the Stated Maturity, and to institute suit for the enforcement of any such payment, and such rights right shall not be impaired without the consent of such Noteholder.

Appears in 2 contracts

Samples: Indenture (Diamond Resorts Corp), Indenture (Diamond Resorts Corp)

Unconditional Right of Noteholders to Receive Principal and Interest. Notwithstanding any other provision in this Indenture, other than the provisions hereof limiting the right to recover amounts due on the Notes to recoveries from the property of the Trust EstateAsset Pool, the holder of any Note shall have the absolute and unconditional right to receive payment of the principal of and interest on such Note on the Maturities for such payments, including the Stated Maturity, and to institute suit for the enforcement of any such payment, and such rights shall not be impaired without the consent of such Noteholder.

Appears in 2 contracts

Samples: Indenture (Ikon Receivables Funding LLC), Indenture (Ikon Receivables Funding LLC)

AutoNDA by SimpleDocs

Unconditional Right of Noteholders to Receive Principal and Interest. Notwithstanding any other provision in this Indenture, other than the provisions hereof limiting the right to recover amounts due on the Notes to recoveries from the property of the allocated Trust Estate, the holder Holder of any Note shall have the absolute and unconditional right to receive payment of the principal of and interest on such Note on the Maturities for such payments, including the Stated Maturity, and to institute suit for the enforcement of any such payment, and such rights right shall not be impaired without the consent of such Noteholder.

Appears in 1 contract

Samples: Epic Master Funding (Resort Investment LLC)

Unconditional Right of Noteholders to Receive Principal and Interest. Notwithstanding any other provision in this Indenture, other than the provisions hereof limiting the right to recover amounts due on the Notes to recoveries from the property of comprising the Trust Estate, the holder Noteholder of any Note shall have the absolute and unconditional right to receive payment of the principal of of, and interest on on, such Note on the Maturities for as such payments45 payments of principal and interest become due, including on the Stated Maturity, and to institute suit for the enforcement of any such payment, and such rights right shall not be impaired without the consent of such Noteholder.

Appears in 1 contract

Samples: Note Funding Agreement (Bluegreen Vacations Corp)

Unconditional Right of Noteholders to Receive Principal and Interest. Notwithstanding any other provision in this Indenture, other than the provisions hereof limiting the right to recover amounts due on the Notes to recoveries from the property of comprising the Trust Estate, the holder Holder and each Purchaser of any Note shall have the absolute and unconditional right to receive payment of the principal of and interest on such Note on the Maturities for as such paymentspayments of principal and interest become due, including on the Stated Maturity, and to institute suit for the enforcement of any such payment, and such rights right shall not be impaired without the consent of such NoteholderNoteholder or Purchaser.

Appears in 1 contract

Samples: Indenture (Diamond Resorts International, Inc.)

Unconditional Right of Noteholders to Receive Principal and Interest. Notwithstanding any other provision in this Indenture, other than the provisions hereof limiting the right to recover amounts due on the Notes to recoveries from the property of comprising the Trust Estate, the holder Holder of any Note shall have the absolute and unconditional right to receive payment of the principal of and interest on such Note as such payments of principal and interest become due, including on the Maturities for such payments, including the Stated Maturity, and to institute suit for the enforcement of any such paymentMaturity Date, and such rights right shall not be impaired without the consent of such Noteholder.

Appears in 1 contract

Samples: Encore Capital Group Inc

Unconditional Right of Noteholders to Receive Principal and Interest. Notwithstanding any other provision in this Indenture, other than the provisions hereof limiting the right to recover amounts due on the Notes to recoveries from the property of comprising the Trust Estate, the holder Holder of any Note and each Purchaser (as a beneficial holder of a Note) shall KL2 2787938.7 have the absolute and unconditional right to receive payment of the principal of and interest on such Note on the Maturities for as such paymentspayments of principal and interest become due, including the Stated Maturity, and to institute suit for the enforcement of any such payment, and such rights right shall not be impaired without the consent of such NoteholderNoteholder or such Purchaser.

Appears in 1 contract

Samples: Indenture (Diamond Resorts Corp)

Unconditional Right of Noteholders to Receive Principal and Interest. Notwithstanding any other provision in this Indenture, other than the provisions hereof limiting the right to recover amounts due on the Notes to recoveries from the property of the Trust EstateGranted Assets, the holder of any Note shall have the absolute and unconditional right to receive payment of the principal of and interest on such Note on the Maturities Payment Dates applicable for such payments, including the Stated Maturity, and to institute suit for the enforcement of any such payment, and such rights shall not be impaired without the consent of such Noteholder.

Appears in 1 contract

Samples: Indenture (Charter Equipment Lease 1998-1 LLC)

Unconditional Right of Noteholders to Receive Principal and Interest. Notwithstanding any other provision in this Indenture, other than the provisions hereof limiting the right to recover amounts due on the Notes to recoveries from the property of comprising the Trust Estate, the holder Holder of any Note and each Purchaser (as a beneficial holder of a Note) shall have the absolute and unconditional right to receive payment of the principal of and interest on such Note on the Maturities for as such paymentspayments of principal and interest become due, including the Stated Maturity, and to institute suit for the enforcement of any such paymentRated Final Maturity Date, and such rights right shall not be impaired without the consent of such NoteholderNoteholder or such Purchaser.

Appears in 1 contract

Samples: Indenture (Diamond Resorts International, Inc.)

Unconditional Right of Noteholders to Receive Principal and Interest. Notwithstanding any other provision in this Indenture, other than the provisions hereof limiting the right to recover amounts due on the Notes to recoveries from the property of the allocated Trust Estate, the holder Holder of any Note shall have the absolute and unconditional right to receive payment of the principal of and interest on such Note on the Maturities maturities for such payments, including the Stated Maturity, and to institute suit for the enforcement of any such payment, and such rights right shall not be impaired without the consent of such Noteholder.

Appears in 1 contract

Samples: Trust Indenture (Trendwest Resorts Inc)

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