Common use of Unconditional Right Clause in Contracts

Unconditional Right. of Holders to Receive Principal (and Premium, if any) and Interest, if any. --------------------------------------------------- Notwithstanding any other provision in this Indenture, the Holder of any Debt 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 3.7) interest, if any, on such Debt Security on the respective Stated Maturities expressed in such Debt Security (or, in the case of redemption, on 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.

Appears in 1 contract

Samples: Provident Capital Trust Iv

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Unconditional Right. of Holders to Receive Principal (and Premium, if any) and Interest, if any. --------------------------------------------------- Notwithstanding any other provision in this Indenture, the Holder of any Debt 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 3.7) interest, if any, on such Debt Security on the respective Stated Maturities expressed in such Debt Security (or, in the case of redemption, on the Redemption 41 - 36 - 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.

Appears in 1 contract

Samples: American Annuity Group Inc

Unconditional Right. of Holders to Receive Principal (and Premium, if any) and Interest, if any. --------------------------------------------------- Notwithstanding any other provision in this Indenture, the Holder of any Debt 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 3.7) interest, if any, on such Debt Security on the respective Stated Maturities expressed in such Debt Security (or, in the case of redemption, on 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.

Appears in 1 contract

Samples: American Financial Group Inc

Unconditional Right. of Holders to Receive Principal (and Premium, if any) and Interest, if any. --------------------------------------------------- ---------------------------------------------------- Notwithstanding any other provision in this Indenture, the Holder of any Debt 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 3.7) interest, if any, on such Debt Security on the respective Stated Maturities expressed in such Debt Security (or, in the case of redemption, on 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.

Appears in 1 contract

Samples: Provident Capital Trust Iv

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Unconditional Right. of Holders to Receive Principal (and Premium, if any) and Interest, if any. --------------------------------------------------- ------------------------------------------------------ Notwithstanding any other provision in this Indenture, the Holder of any Debt 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 3.7) interest, if any, on such Debt Security on the respective Stated Maturities expressed in such Debt Security (or, in the case of redemption, on 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.

Appears in 1 contract

Samples: American Financial Group Inc

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