Common use of Unconditional Rights of Holders to Receive Payment and to Convert Clause in Contracts

Unconditional Rights of Holders to Receive Payment 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 interest (including Liquidated Damages, if any) on such Security on the Stated Maturity expressed in such Security (or, in the case of redemption, on the Redemption Date, or in the case of the exercise of a Repurchase Right, on the Repurchase Date) and to convert such Security in accordance with Article XII, and to bring for the enforcement of any such payment on or after such respective dates and right to convert, and such rights shall not be impaired or affected without the consent of such Holder.

Appears in 1 contract

Samples: Indenture (Nektar Therapeutics)

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Unconditional Rights of Holders to Receive Payment 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 interest (including Liquidated Damages, if any) on such Security on the Stated Maturity expressed in such Security (or, in the case of redemption, on the Redemption Date, or in the case of the exercise of a Repurchase Right, on the Repurchase Date) and to convert such Security in accordance with Article XII12, and to bring suit for the enforcement of any such payment on or after such respective dates and right to convert, and such rights shall not be impaired or affected without the consent of such Holder.

Appears in 1 contract

Samples: Lifetime Brands, Inc

Unconditional Rights of Holders to Receive Payment 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 interest (including Liquidated Damagespremium, if any) , and interest on such Security on the Stated Maturity expressed in such Security (or, in the case of redemption, on the Redemption Date, or in the case of the exercise of a Repurchase Right, Right on the Repurchase Date) and to convert such Security in accordance with Article XII12, and to bring suit for the enforcement of any such payment on or after such respective dates and right to convert, and such rights shall not be impaired or affected without the consent of such Holder.

Appears in 1 contract

Samples: Cyberonics Inc

Unconditional Rights of Holders to Receive Payment 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 interest (including Liquidated DamagesPrincipal, premium, if any) on such Security on the Stated Maturity expressed in such Security (or, Redemption Price, Change of Control Purchase Price, Interest or Additional Interest, if any, in respect of the case of redemptionSecurities held by such Holder, on or after the Redemption Daterespective due dates, or in the case of the exercise of a Repurchase Right, on the Repurchase Date) and to convert such Security the Securities in accordance with Article XII, and 12 or to bring suit for the enforcement of any such payment on or after such respective dates and or the right to convert, and such rights shall not be impaired or affected adversely without the consent of such Holder.

Appears in 1 contract

Samples: Indenture (Networks Associates Inc/)

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Unconditional Rights of Holders to Receive Payment 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 interest (including Liquidated Damagespremium, if any) , and interest on such Security on the Stated Maturity expressed in such Security (or, in the case of redemption, on the Redemption Date, or in the case of the exercise of a Repurchase Right, Right on the Repurchase Date) and to convert such Security in accordance with Article XII12, and to bring suit for the enforcement of any such payment on or after such respective dates and right to convert, and such rights shall not be impaired or affected without the consent of such Holder.

Appears in 1 contract

Samples: Indenture (Cv Therapeutics Inc)

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