Common use of Direct Payment Clause in Contracts

Direct Payment. Notwithstanding anything to the contrary contained in this Agreement or the Notes, in the case of any Note owned by you or your nominee or owned by any subsequent holder which has given written notice to the Company requesting that the provisions of this Section 1.5 shall apply, the Company will punctually pay when required hereunder the principal thereof, interest thereon due with respect to said principal, or any amounts otherwise payable in respect of the Notes without any presentment thereof, directly to you, to your nominee or to such subsequent holder at your address, or your nominee’s address, set forth in Schedule I hereto or such other address as you, your nominee or such subsequent holder may from time to time designate in writing to the Company or, if a bank account maintained in the United States with a United States bank is designated for you or your nominee on Schedule I hereto or in any written notice to the Company from you, from your nominee or from any such subsequent holder, the Company will make such payments in immediately available funds to such bank account, marked for attention as indicated, or in such other manner or to such other account maintained in the United States in any United States bank as you, your nominee or any such subsequent holder may from time to time direct in writing.

Direct Payment. Notwithstanding anything to the contrary contained in this Agreement or the Notes, in the case of any Note owned by you or your nominee or owned by any subsequent holder Institutional Holder which has given written notice to the Company requesting that the provisions of this Section 1.5 2.6 shall apply, the Company will punctually pay when required hereunder due the principal thereof, interest thereon and Make-Whole Amount, if any, due with respect to said principal, or any amounts otherwise payable in respect of the Notes without any presentment thereof, directly to you, to your nominee or to such subsequent holder Institutional Holder at your address, address or your nominee’s address, 's address set forth in Schedule I hereto or such other address as you, your nominee or such subsequent holder Institutional Holder may from time to time designate in writing to the Company or, if a bank account maintained in the United States with a United States bank is designated for you or your nominee on Schedule I hereto or in any written notice to the Company from you, from your nominee or from any such subsequent holderInstitutional Holder, the Company will make such payments in immediately available funds to such bank account, marked for attention as indicated, or in such other manner or to such other account maintained in the United States in any United States bank as you, your nominee or any such subsequent holder Institutional Holder may from time to time direct in writing.

Direct Payment. Notwithstanding anything to the contrary contained in this Agreement or the Notes regarding the place or manner of payment of the Notes, in the case of any Note owned and registered in accordance with Section 9.1 by you or your nominee or owned by any subsequent holder Institutional Holder which has given written notice to the Company requesting that the provisions of this Section 1.5 2.5 shall apply, the Company will punctually pay when required hereunder due the principal thereof, interest thereon and premium, if any, due with respect to said principal, or any amounts otherwise payable in respect of the Notes without any presentment thereof, directly to you, to your nominee or to such subsequent holder Institutional Holder at your address, address or your nominee’s address, 's address set forth in Schedule I hereto or such other address as you, your nominee you or such subsequent holder Institutional Holder may from time to time designate in writing to the Company or, if a bank account maintained in the United States with a United States bank is designated for you or your nominee on Schedule I hereto or in any written notice to the Company from you, from your nominee you or from any such subsequent holderInstitutional Holder, the Company will make such payments in immediately available funds to such bank account, marked for attention as indicated, or in such other manner or to such other account maintained in the United States in any United States bank as you, your nominee you or any such subsequent holder Institutional Holder may from time to time direct in writing.

Direct Payment. Notwithstanding anything to the contrary contained in this Agreement or the Notes, in the case of any Note owned by you or your nominee or .or owned by any subsequent holder Institutional Holder which has given written notice to the Company requesting that the provisions of this Section 1.5 §2.7 shall apply, the Company will punctually pay when required hereunder due the principal thereof, interest thereon and premium, if any, due with respect to said principal, or any amounts otherwise payable in respect of the Notes without any presentment thereof, directly to you, to your nominee or to such subsequent holder Institutional Holder at your address, address or your nominee’s address, address set forth in Schedule I hereto or such other address as you, your nominee or such subsequent holder Institutional Holder may from time to time designate in writing to the Company or, if a bank account maintained in the United States with a United States bank is designated for you or your nominee on Schedule I hereto or in any written notice to the Company from you, from your .your nominee or from any such subsequent holderInstitutional Holder, the Company will make such payments in immediately available funds to such bank account, marked for attention as indicated, or in such other manner or to such other account maintained in the United States in any United States bank as you, your nominee or any such subsequent holder Institutional Holder may from time to time direct in writing.

Direct Payment. Notwithstanding anything to the contrary contained in this Agreement or the Notes, in the case of any Note owned by you or your nominee or owned by any subsequent holder Institutional Holder which has given written notice to the Company requesting that the provisions of this Section 1.5 2.6 shall apply, the Company will punctually pay when required hereunder due the principal thereof, interest thereon and premium, if any, due with respect to said principal, or any amounts otherwise payable in respect of the Notes without any presentment thereof, directly to you, to your nominee or to such subsequent holder Institutional Holder at your address, address or your nominee’s address, 's address set forth in Schedule I hereto or such other address as you, your nominee or such subsequent holder Institutional Holder may from time to time designate in writing to the Company or, if a bank account maintained in the United States with a United States bank is designated for you or your nominee on Schedule I hereto or in any written notice to the Company from you, from your nominee or from any such subsequent holderInstitutional Holder, the Company will make such payments in immediately available funds to such bank account, marked for attention as indicated, or in such other manner or to such other account maintained in the United States in any United States bank as you, your nominee or any such subsequent holder Institutional Holder may from time to time direct in writing.