Common use of Definition of paying agent Clause in Contracts

Definition of paying agent. (1) For the purposes of this Agreement, “paying agent” means any economic operator who pays interest to or secures the payment of interest for the immediate benefit of the beneficial owner, whether the operator is the debtor of the debt claim which produces the interest or the operator charged by the debtor or the beneficial owner with paying interest or securing the payment of interest.

Definition of paying agent. (1) . For the purposes of this Agreement, “paying agent” means any any... 2. Any entity established in a contracting party to which interest... 3. The entity referred to in paragraph (2) of this Article... 4. Where the economic operator who pays interest and the entity referred to or secures the payment in... 5. The legal persons exempted from sub-paragraph (a) of interest for the immediate benefit of the beneficial owner, whether the operator is the debtor of the debt claim which produces the interest or the operator charged by the debtor or the beneficial owner with paying interest or securing the payment of interest.paragraph (2)...