Appropriation by Principal Paying Agent Sample Clauses

Appropriation by Principal Paying Agent. If the Principal Paying Agent makes any payment in accordance with Clause 7.5(a), it shall be entitled to appropriate for its own account out of the funds received by it under Clause 6.1 an amount equal to the amount so paid by it.
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Appropriation by Principal Paying Agent. If the Principal Paying Agent makes any payment in accordance with CLAUSE 7.5(a), it shall be entitled to appropriate for its own account out of the funds received by it under CLAUSE 6.1 an amount equal to the amount so paid by it.
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Appropriation by Principal Paying Agent. 9.4 If the Principal Paying Agent makes any payment in accordance with Clause
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Related to Appropriation by Principal Paying Agent

  • Note Paying Agents (a) The Indenture Trustee may appoint one or more Note Paying Agents that meet the eligibility standards for the Indenture Trustee specified in Section 6.11(a). The Note Paying Agents will have the power to make distributions from the Trust Accounts.

  • Repayment of Monies Held by Paying Agent In connection with the satisfaction and discharge of this Indenture with respect to the Notes, all monies then held by any Paying Agent other than the Indenture Trustee under the provisions of this Indenture with respect to such Notes shall, upon demand of the Issuer, be paid to the Indenture Trustee to be held and applied according to Section 3.03 and thereupon such Paying Agent shall be released from all further liability with respect to such monies.

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