Common use of Unconditional Clause in Contracts

Unconditional. Right of Security holders to Receive Principal, Premium and Interest, to Convert and to Institute Certain Suits. Notwithstanding any other provision in this Indenture and any provision of any Security, the right of any Holder of any Security to receive payment of the principal of and premium, if any, and inter est on such Security on or after the respective due dates expressed in such Security (or, in the case of redemption, on the applicable Redemption Date or Repurchase Date), or to convert such Security in accordance with Article Twelve, or to institute suit for the enforcement of any such payment on or after such respective dates, or for the enforcement of such conversion right, shall not be impaired or affected without the written consent of such Holder, with a copy thereof to the Trustee.