Common use of Rights of the Holders to Receive Payment Clause in Contracts

Rights of the Holders to Receive Payment. Notwithstanding any other provision of this Indenture, the right of any Holder to receive payment of principal of and interest on the Securities held by such Holder, on or after the respective due dates expressed or provided for in the Securities, or to bring suit for the enforcement of any such payment on or after such respective dates, shall not be impaired or affected without the consent of such Holder; provided that a Holder shall not have the right to institute any such suit for the enforcement of payment if and to the extent that the institution or prosecution thereof or the entry of judgment therein would, under applicable law, result in the surrender, impairment, waiver or loss of the Lien of this Indenture upon any property subject to such Lien.

Appears in 5 contracts

Samples: Indenture (Gates Engineering & Services FZCO), Indenture (CLARIVATE PLC), Indenture (Gates Global Inc.)

AutoNDA by SimpleDocs

Rights of the Holders to Receive Payment. Notwithstanding any other provision of this Indenture, the right of any Holder of a Note to bring suit to enforce the right to receive payment of the principal of and of, premium (if any), interest on the Securities held by (if any) on, such HolderNote, on or after the respective due dates date expressed or provided for in the Securities, or to bring suit for the enforcement of any such payment on or after such respective dates, Notes shall not be impaired or affected without the consent of such the Holder; provided that a Holder shall not have the right to institute any such suit for the enforcement of payment if and to the extent that the institution or prosecution thereof or the entry of judgment therein would, under applicable law, result in the surrender, impairment, waiver or loss of the Lien of this Indenture upon any property subject to such Lien.

Appears in 1 contract

Samples: Indenture (ACCO BRANDS Corp)

Rights of the Holders to Receive Payment. Notwithstanding any other provision of this Indenture, the right of any Holder to receive payment of principal of and interest on the Securities held by such Holder, on or after the respective due dates expressed or provided for in the such Securities, or to bring suit for the enforcement of any such payment on or after such respective dates, shall not be impaired or affected without the consent of such Holder; provided , except that a no Holder shall not have the right to institute any such suit for the enforcement of payment suit, if and to the extent that the institution or prosecution thereof or the entry of judgment therein would, would under applicable law, law result in the surrender, impairment, waiver waiver, or loss of the Lien Liens of this Indenture the Security Documents upon any property or assets subject to such Lienthe Liens.

Appears in 1 contract

Samples: Indenture (New Holding, Inc.)

Rights of the Holders to Receive Payment. Notwithstanding any other provision of this Indenture, the right of any Holder of a Note to receive payment of the principal of of, premium (if any), interest and interest on the Securities held by Additional Interest (if any) on, such Holder, on or after the respective due dates expressed or provided for in the Securities, Note or to bring suit for the enforcement of any such payment payment, on or after such respective dates, the due date expressed in the Notes shall not be impaired or affected without the consent of such the Holder; provided that a Holder shall not have the right to institute any such suit for the enforcement of payment if and to the extent that the institution or prosecution thereof or the entry of judgment therein would, under applicable law, result in the surrender, impairment, waiver or loss of the Lien of this Indenture upon any property subject to such Lien.

Appears in 1 contract

Samples: Indenture (Acco Brands Corp)

AutoNDA by SimpleDocs

Rights of the Holders to Receive Payment. Notwithstanding any other provision of this Indenture, the right of any Holder of a Note to receive payment of the principal of of, premium (if any), interest and interest on the Securities held by Special Interest (if any) on, such Holder, on or after the respective due dates expressed or provided for in the Securities, Note or to bring suit for the enforcement of any such payment payment, on or after such respective dates, the due date expressed in the Notes shall not be impaired or affected without the consent of such the Holder; provided that a Holder shall not have the right to institute any such suit for the enforcement of payment if and to the extent that the institution or prosecution thereof or the entry of judgment therein would, under applicable law, result in the surrender, impairment, waiver or loss of the Lien of this Indenture upon any property subject to such Lien.

Appears in 1 contract

Samples: Indenture (Acco Brands Corp)

Rights of the Holders to Receive Payment. Notwithstanding any other provision of this Indenture, the right of any Holder of a Note to receive payment of the principal of of, premium (if any) and interest on the Securities held by on, such Holder, on or after the respective due dates expressed or provided for in the Securities, Note or to bring suit for the enforcement of any such payment payment, on or after such respective dates, the due date expressed in the Notes shall not be impaired or affected without the consent of such the Holder; provided that a Holder shall not have the right to institute any such suit for the enforcement of payment if and to the extent that the institution or prosecution thereof or the entry of judgment therein would, under applicable law, result in the surrender, impairment, waiver or loss of the Lien of this Indenture upon any property subject to such Lien.

Appears in 1 contract

Samples: Office Depot (Office Depot Inc)

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