Common use of Cancellation by Paying Agents Clause in Contracts

Cancellation by Paying Agents. All Bonds which are redeemed (together with such unmatured Coupons as are attached to or are surrendered with them at the time of such redemption), and all Coupons which are paid, shall be cancelled by the Paying Agent as soon as reasonably practicable by or through which they are redeemed or paid. Such Paying Agent shall send to the Fiscal Agent the details required by the Fiscal Agent for the purposes of this Clause and the cancelled Bonds and Coupons.

Appears in 4 contracts

Samples: Fiscal Agency Agreement, Fiscal Agency Agreement, Fiscal Agency Agreement

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Cancellation by Paying Agents. All Bonds which are redeemed (together with such unmatured Coupons as are attached to or are surrendered with them at the time of such redemption), and all Coupons which are paid, shall be cancelled forthwith by the Paying Agent as soon as reasonably practicable by or through which they are redeemed or paid. Such Paying Agent shall send to the Fiscal Principal Paying Agent the details required by the Fiscal Principal Paying Agent for the purposes of this Clause and the cancelled Bonds and Coupons.

Appears in 2 contracts

Samples: Paying Agency Agreement, Paying Agency Agreement

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