Common use of Application by Fiscal Agent Clause in Contracts

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 15 (Prescription) or otherwise ceases in accordance with the Conditions, in which event it shall refund at the written request of the relevant Issuer or, or (as the case may be, ) the relevant 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 such Issuer or, or (as the case may be, ) the relevant 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 15 (Prescription) or otherwise ceases in accordance with the Conditions, in which event it shall refund at the written request of the relevant Issuer or, 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, 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, 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, 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 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 14 13 (Prescription) or otherwise ceases in accordance with the Conditions, in which event it shall refund at the written request of the relevant Issuer or, 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, or (as the case may be, ) the Guarantor has have by notice to the Fiscal Agent specified for the purpose.