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, the Noteholders shall have the right, which is absolute and unconditional, to receive payment of the principal, interest, and premium, if any, on such Note as such principal, interest, and premium, if any, becomes due and payable and to institute any Proceeding for the enforcement of any such payment, and such right shall not be impaired without the consent of such Noteholder.

Appears in 4 contracts

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

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Unconditional Right of Noteholders to Receive Principal and Interest. Notwithstanding any other provision in of this Indenture, the Noteholders each Noteholder shall have the right, which is absolute and unconditional, to receive payment of the interest and principal, interest, and premium, if any, due on such Note as Noteholder’s Notes on or after the due date expressed in such principal, interest, and premium, if any, becomes due and payable Notes or in this Indenture and to institute any Proceeding suit for the enforcement of any such payment, and such . Such right shall not be impaired without the consent of such the related Noteholder.

Appears in 4 contracts

Samples: Bear Stearns Asset Backed Securities Inc, Bear Stearns Asset Backed Securities Inc, Irwin Home Equity Loan Trust 2005-1

Unconditional Right of Noteholders to Receive Principal and Interest. Notwithstanding any other provision in this Indenture, the The Noteholders shall have the right, which is absolute and unconditional, subject to the express terms of this Indenture, to receive payment of the principal, interest, principal and premium, if any, interest on such Note Notes, subject to the respective relative priorities provided for in this Indenture, as such principal, interest, principal and premium, if any, interest becomes due and payable from the Trust Estate and to institute any Proceeding Proceedings for the enforcement of any such payment, and such right shall not be impaired except as expressly permitted herein without the consent of such NoteholderHolders.

Appears in 3 contracts

Samples: Contribution Agreement (Americredit Corp), Bay View Capital Corp, Indenture (Bay View Capital Corp)

Unconditional Right of Noteholders to Receive Principal and Interest. Notwithstanding any other provision in this Indenture, the Noteholders each Noteholder shall have the right, which is absolute and unconditional, to receive payment of the principal, interest, principal and premium, if any, interest on such Note as such principal, interest, principal and premium, if any, interest becomes due and payable and to institute any Proceeding for the enforcement of any such payment, and such right shall not be impaired without the consent of such Noteholder.

Appears in 2 contracts

Samples: Nova Corp \Ga\, Nova Corp \Ga\

Unconditional Right of Noteholders to Receive Principal and Interest. Notwithstanding any other provision in this Indenture, the Noteholders Holder of any Note shall have the right, right which is absolute and unconditional, unconditional to receive payment of the principal, interest, principal of (and premium, if any, ) and (subject to Section 3.07) interest on such Note as on the respective Stated Maturities expressed in such principalNote (or, interestin the case of redemption, and premium, if any, becomes due and payable on the Redemption Date) and to institute any Proceeding suit for the enforcement of any such payment, and such right shall not be impaired without the consent of such NoteholderHolder.

Appears in 2 contracts

Samples: Indenture (Saul B F Real Estate Investment Trust), Saul B F Real Estate Investment Trust

Unconditional Right of Noteholders to Receive Principal and Interest. Notwithstanding any other provision in this Indenture, The Holders of the Noteholders Notes shall have the right, which is absolute and unconditional, subject to the express terms of this Indenture, to receive payment of the principal, interest, principal and premium, if any, interest on such Note Notes, subject to the respective relative priorities provided for in this Indenture, as such principal, interest, principal and premium, if any, interest becomes due and payable and from the Trust Estate and, subject to Section 9.06, to institute any Proceeding Proceedings for the enforcement of any such payment, and such right shall not be impaired except as expressly permitted herein without the consent of such NoteholderHolders.

Appears in 1 contract

Samples: Sunnova Energy International Inc.

Unconditional Right of Noteholders to Receive Principal and Interest. Notwithstanding any other provision in this IndentureSubject to Section 6.01, the Noteholders holder of any Offered Note shall have the right, which is absolute and unconditional, to receive payment of the principal, interest, principal of and premium, if any, interest on such Offered Note as such principal, interest, principal and premium, if any, accrued interest becomes due and payable and and, subject to Section 10.07, to institute any Proceeding proceeding for the enforcement of any such payment, and such right shall not be impaired without the consent of such Noteholder.

Appears in 1 contract

Samples: Trust Agreement (Ambac Financial Group Inc)

Unconditional Right of Noteholders to Receive Principal and Interest. Notwithstanding any other provision in this Indenture, the Noteholders Holder of any Note shall have the right, which is absolute and unconditional, to receive payment of the principal, interest, principal and premium, if any, interest on such Note as such principal, interest, principal and premium, if any, interest becomes due and payable and to institute any Proceeding proceeding for the enforcement of any such paymentpayment against the Issuer on or after one year and one day after the Stated Maturity Date, and such right shall not be impaired without the consent of such NoteholderHolder.

Appears in 1 contract

Samples: Autoinfo Inc

Unconditional Right of Noteholders to Receive Principal and Interest. Notwithstanding any other provision in this Indenture, the Noteholders Holder of any Note shall have the right, which is absolute and unconditional, to receive payment of the principal, interest, and premium, if any, on such Note as such principal, interest, interest and premium, if any, becomes due and payable and to institute any Proceeding for the enforcement of any such payment, and such right shall not be impaired without the consent of such NoteholderHolder.

Appears in 1 contract

Samples: T&w Financial Corp

Unconditional Right of Noteholders to Receive Principal and Interest. Notwithstanding any other provision provisions in this Indenture, the Noteholders shall have the right, which is absolute and unconditional, to receive payment of the principal, interest, principal and premium, if any, interest and any other amounts due on such Note on the respective due dates expressed in such Note (or, in the case of repayment, on the relevant Payment Date), except as such principalprovided in Section 2.8 and Article 12, interest, and premium, if any, becomes due and payable and to institute any Proceeding suit for the enforcement of any such payment, and such right shall not be impaired or affected without the consent of such Noteholder.

Appears in 1 contract

Samples: sec.report

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Unconditional Right of Noteholders to Receive Principal and Interest. Notwithstanding any other provision in this Indenture, the Noteholders shall have the right, which is absolute and unconditional, to receive payment of the principal, interest, principal and premium, if any, interest on such Note as such principal, interest, principal and premium, if any, interest becomes due and payable payable, and to institute any Proceeding for the enforcement of any such payment, and such right shall not be impaired without the consent of such Noteholder.

Appears in 1 contract

Samples: Indenture (Sunrise Resources Inc\mn)

Unconditional Right of Noteholders to Receive Principal and Interest. Notwithstanding any other provision provisions in this Indenture, the Noteholders shall have the right, which is absolute and unconditional, unconditional to receive payment of the principal, interest, principal and premium, if any, interest on such Note on the respective due dates expressed in such Note (or, in the case of repayment, on the Maturity Date), except as such principalprovided in Section 2.8 and Section 12, interest, and premium, if any, becomes due and payable and to institute any Proceeding suit for the enforcement of any such payment, and such right shall not be impaired or affected without the consent of such Noteholder.

Appears in 1 contract

Samples: Indenture

Unconditional Right of Noteholders to Receive Principal and Interest. Notwithstanding any other provision in this Indenture, The Holders of the Noteholders Notes shall have the right, which is absolute and unconditional, subject to the express terms of this Indenture, to receive payment of the principal, interest, principal and premium, if any, interest on such Note Notes, subject to the respective relative priorities provided for in this Indenture, as such principal, interest, principal and premium, if any, interest becomes due and payable from the Collateral and to institute any Proceeding Proceedings for the enforcement of any such payment, and such right shall not be impaired except as expressly permitted herein without the consent of such NoteholderHolders.

Appears in 1 contract

Samples: Indenture (Financial Pacific Co)

Unconditional Right of Noteholders to Receive Principal and Interest. Notwithstanding any other provision in this Indenture, the Noteholders Holders of Notes of each Series shall have the right, which is absolute and unconditional, to receive payment of the principal, interest, and premium, if any, on such Note as such principal, interest, and premium, if any, becomes due and payable and to institute any Proceeding for the enforcement of any such payment, and such right shall not be impaired without the consent of such Noteholder.

Appears in 1 contract

Samples: Trendwest Resorts Inc

Unconditional Right of Noteholders to Receive Principal and Interest. Notwithstanding any other provision in this Indenture, the Noteholders shall have the right, which is absolute and unconditional, to receive payment of the principal, interest, principal of and premium, if any, interest on such Note as such principal, interest, principal and premium, if any, interest becomes due and payable and in accordance with the terms of this Indenture (including, without limitation, the limitation on such payments to the extent of Available Funds on each Payment Date) and, with the consent of the Controlling Parties, to institute any Proceeding suit for the enforcement of any such payment, and such right shall not be impaired without the consent of such Noteholder.

Appears in 1 contract

Samples: Unicapital Corp

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