Application by Fiscal Agent. The Fiscal Agent shall apply each amount paid to it hereunder in accordance with Clause 8 (Payments to Noteholders) and shall not be obliged to repay any such amount unless the claim for the relevant payment becomes void under Condition 14 (Prescription) or otherwise ceases in accordance with the Conditions, in which event it shall refund at the written request of the Issuer such portion of such amount as relates to such payment by paying the same by credit transfer to such account with such bank as the Issuer has by notice to the Fiscal Agent specified for the purpose.
Application by Fiscal Agent. The Fiscal Agent shall apply each amount paid to it hereunder in accordance with Clause 7 (Payments to Noteholders) and shall not be obliged to repay to the Issuer any such amount unless the claim for the relevant payment becomes void under Condition 13 (Prescription) or otherwise ceases in accordance with the Conditions, in which event it shall refund at the written request of the Issuer such portion of such amount as relates to such payment by paying the same by credit transfer to such account with such bank as the Issuer has by notice to the Fiscal Agent specified for the purpose. For this purpose, as soon as any payment becomes void pursuant to Condition 13 (Prescription), the Fiscal Agent will send to the Issuer a written notice thereof.
Application by Fiscal Agent. The Fiscal Agent shall apply each amount paid to it hereunder in accordance with Clause 8 (Payments to Noteholders) and shall not be obliged to repay any such amount unless the claim for the relevant payment becomes void under Condition 14 (Prescription) or otherwise ceases in accordance with the Conditions, in which event it shall refund at the written request of the relevant Issuer or, as the case may be, the Guarantor such portion of such amount as relates to such payment by paying the same by credit transfer to such account with such bank as the relevant Issuer or, as the case may be, the Guarantor has by notice to the Fiscal Agent specified for the purpose.
Application by Fiscal Agent. The Fiscal Agent shall apply each amount paid to it hereunder in accordance with Clause 8 (Payments to Noteholders) and shall not be obliged to repay any such amount unless the claim for the relevant payment becomes void under Condition 14 (Prescription) or otherwise ceases in accordance with the Conditions, in which event it shall refund at the written request of the Relevant Issuer or (as the case may be) the Guarantor (where the Relevant Issuer is CBQ Finance Limited) such portion of such amount as relates to such payment by paying the same by credit transfer to such account with such bank as the Relevant Issuer or (as the case may be) the Guarantor (where the Relevant Issuer is CBQ Finance Limited) has by notice to the Fiscal Agent specified for the purpose.
Application by Fiscal Agent. The Fiscal Agent shall apply each amount paid to it hereunder in accordance with Clause 7 (Payments to Noteholders) and shall not be obliged to repay any such amount unless the claim for the relevant payment becomes void under Condition 9 (Prescription), in which event it shall refund at the written request of the Issuer such portion of such amount as relates to such payment by paying the same by credit transfer in immediately available funds in French Francs to such account with such bank in Paris as the Issuer has by notice to the Fiscal Agent specified for the purpose.
Application by Fiscal Agent. The Fiscal Agent is hereby irrevocably instructed by the Issuer to apply all moneys received by it in respect of any Note pursuant to this Agreement solely for the payment of principal, interest or any other amount payable on the Notes in accordance with the Conditions so that the Issuer shall have no claim to or on account of any such funds unless such purpose cannot be effected and the Fiscal Agent shall not be obliged to repay any such amount unless or until claims against the Issuer in respect of the relevant Notes or the obligation to make the relevant payment becomes void or ceases in accordance with the Conditions or Clause 5 (Repayment) below, in which event the Fiscal Agent shall repay, as soon as practicable, to the Issuer such portion of such amount as relates to such claim or payment by paying the same by credit transfer to such account with such bank as the Issuer may by notice to the Fiscal Agent specify for the purpose.
