Common use of Appropriation by Principal Paying Agent Clause in Contracts

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.

Appears in 12 contracts

Samples: Paying Agent and Agent Bank Agreement, Master Issuer Paying Agent and Agent Bank Agreement, Master Issuer Paying Agent and Agent Bank Agreement

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

Appears in 7 contracts

Samples: Seventh Issuer Paying Agent and Agent Bank Agreement (Permanent Mortgages Trustee LTD), Eighth Issuer Paying Agent and Agent Bank Agreement (Permanent Mortgages Trustee LTD), Sixth Issuer Paying Agent and Agent Bank Agreement (Permanent Mortgages Trustee LTD)

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

Appears in 3 contracts

Samples: Sixth Issuer Paying Agent and Agent Bank Agreement (Holmes Financing No 6 PLC), Principal Paying Agent Agreement (Permanent Mortgages Trustee LTD), Fifth Issuer Paying Agent and Agent Bank Agreement (Permanent Financing (No. 5) PLC)

Appropriation by Principal Paying Agent. If the Principal Paying Agent makes any payment in accordance with Clause 7.5(a7.1 (Payments by the Principal Paying Agent), it shall be entitled to appropriate for its own account out of the funds received by it under Clause 6.1 (Issuers to pay Principal Paying Agent) an amount equal to the amount so paid by it.

Appears in 3 contracts

Samples: Issue and Paying Agency Agreement, Issue and Paying Agency Agreement, Issue and Paying Agency Agreement

Appropriation by Principal Paying Agent. If the Principal Paying Agent makes any payment in accordance with Clause 7.5(a7.1 (Payments by Paying Agents), it shall be entitled to appropriate for its own account out of the funds received by it under Clause 6.1 (Issuer to pay Principal Paying Agent) an amount equal to the amount so paid by it.

Appears in 3 contracts

Samples: Paying Agency Agreement, Paying Agency Agreement (Melco Crown Entertainment LTD), Agency Agreement (Turquoise Receivables Trustee LTD)

Appropriation by Principal Paying Agent. If the Principal Paying Agent makes any payment in accordance with Clause 7.5(a7.1 (Payments by Paying Agents), it shall be entitled to appropriate for its own account out of the funds received by it under Clause 6.1 (Issuer to Pay Principal Paying Agent) an amount equal to the amount so paid by it.

Appears in 3 contracts

Samples: Paying Agent and Agent Bank Agreement, Paying Agent and Agent Bank Agreement, Agency Agreement (Arran Funding LTD)

Appropriation by Principal Paying Agent. If the Principal Paying Agent makes any payment in accordance with Clause 7.5(a8.1 (Payments by Paying Agents), it shall be entitled to appropriate for its own account out of the funds received by it under Clause 6.1 7.1 (Issuer to pay Principal Paying Agent) an amount equal to the amount so paid by it.

Appears in 2 contracts

Samples: Agency Agreement, Issue and Paying Agency Agreement (Philip Morris International Inc.)

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Appropriation by Principal Paying Agent. If the Principal Paying Agent makes any payment in accordance with Clause 7.5(a7.1 (Payments by Paying Agents), it shall be entitled to appropriate for its own account out of the funds received by it under Clause 6.1 (Relevant Issuer or the Guarantor (in respect of an issuance by LSEG Netherlands or LSEGA) to pay Principal Paying Agent) an amount equal to the amount so paid by it.

Appears in 2 contracts

Samples: Agency Agreement, Agency Agreement

Appropriation by Principal Paying Agent. β€Œ If the Principal Paying Agent makes any payment in accordance with Clause 7.5(a7.1 (Payments by Paying Agents), it shall be entitled to appropriate for its own account out of the funds received by it under Clause 6.1 (Issuer to pay Principal Paying Agent) an amount equal to the amount so paid by it.

Appears in 2 contracts

Samples: Issue and Paying Agency Agreement, Paying Agency Agreement

Appropriation by Principal Paying Agent. If the Principal Paying Agent makes any payment in accordance with Clause 7.5(a7.1 (Payments by Paying Agents), it shall be entitled to appropriate for its own account out of the funds received by it under Clause 6.1 (Issuer or Guarantor to pay Principal Paying Agent) an amount equal to the amount so paid by it.

Appears in 1 contract

Samples: Paying Agency Agreement

Appropriation by Principal Paying Agent. If the Principal Paying Agent makes any payment in accordance with Clause 7.5(a7.1 (Payments by Paying Agents), it shall be entitled to appropriate for its own account out of the funds received by it under Clause 6.1 (Issuer to pay the Principal Paying Agent) an amount equal to the amount so paid by it.

Appears in 1 contract

Samples: Agency Agreement

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