Common use of Confirmation by the Master Issuer Clause in Contracts

Confirmation by the Master Issuer. (a) The Master Issuer will procure that the bank in London making payments on its behalf as referred to in Clause 6.2 will irrevocably confirm in writing to the Principal Paying Agent by 11.00 a.m. (London time) on each Interest Payment Date, as set out in Clause 6.2, that it has credited such account of the Principal Paying Agent as notified by the Principal Paying Agent to the Master Issuer from time to time, on such payment date.

Appears in 2 contracts

Samples: Master Issuer Paying Agent and Agent Bank Agreement (Holmes Funding LTD), Holmes Master Issuer

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Confirmation by the Master Issuer. (a) The Master Issuer will procure that the bank in London making payments on its behalf as referred to in Clause 6.2 will irrevocably confirm in writing to the Principal Paying Agent by 11.00 a.m. (London time) ), on each Interest Payment Date, as set out in Clause 6.2, that it has credited such account of the Principal Paying Agent as notified by the Principal Paying Agent to the Master Issuer from time to time, on such payment date.

Appears in 2 contracts

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

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