Confirmation of Amounts Payable. in respect of the Current Issuer Notes: The Current Issuer shall by not later than 2.00 p.m. (Local time) on the second Business Day before each Payment Date, or other date on which any payment is due under Clause 7.2 (Manner and Time of Payment), notify, or procure the notification by the Current Issuer Cash Manager or other person on behalf of the Current Issuer to, the Paying Agents, the Note Trustee and the Registrar of the amount of interest and/or principal (as the case may be) payable to Noteholders in accordance with the Current Issuer Conditions in respect of each class of the Current Issuer Notes on the Payment Date, or other date in question and the apportionment of such amount as between principal and interest. All such amounts shall be payable subject to and in accordance with the Current Issuer Priority of Payments.
Appears in 6 contracts
Samples: Issuer Paying Agent and Agent Bank Agreement (Granite Mortgages 04-2 PLC), Issuer Paying Agent and Agent Bank Agreement (Granite Mortgages 04-2 PLC), Issuer Paying Agent and Agent Bank Agreement (Granite Finance Trustees LTD)
Confirmation of Amounts Payable. in respect of the Current Issuer Notes: The Current Issuer shall by not later than 2.00 p.m. (Local time) on the second Business Day before each Payment Date or Interest Payment Date, as applicable, or other date on which any payment is due under Clause 7.2 (Manner and Time of Payment), notify, or procure the notification by the Current Issuer Cash Manager or other person on behalf of the Current Issuer to, the Paying Agents, the Note Trustee and the Registrar of the amount of interest and/or principal (as the case may be) payable to Noteholders in accordance with the Current Issuer Conditions in respect of each class of the Current Issuer Notes on the Payment Date or Interest Payment Date, as applicable, or other date in question and the apportionment of such amount as between principal and interest. All such amounts shall be payable subject to and in accordance with the Current Issuer Priority of Payments.
Appears in 1 contract
Samples: Issuer Paying Agent and Agent Bank Agreement (Granite Mortgages 04-1 PLC)