Common use of APPOINTMENT OF TRUSTEE AS PAYING AGENT; DUTY OF PAYING AGENT OTHER THAN TRUSTEE Clause in Contracts

APPOINTMENT OF TRUSTEE AS PAYING AGENT; DUTY OF PAYING AGENT OTHER THAN TRUSTEE. The Company hereby appoints the Trustee as paying agent and the Company covenants that, if it shall appoint a paying agent other than the Trustee, it will cause such paying agent to execute and deliver to the Trustee an instrument in which such paying agent shall agree with the Trustee, subject to the provisions of this Section 3.2,