Duties of the Paying Agent. 6.1 The Paying Agent shall act as paying agent of the Issuer and the Guarantors in respect of the Global Senior Notes and the Global Junior Notes, and pay or cause to be paid on behalf of the Issuer and the Guarantors, on and after each date on which any payment becomes due and payable, the amounts of principal, premium (if any), interest, Additional Amounts, if any, or any other amount then payable in respect of the Global Senior Notes and the Global Junior Notes, as the case may be, against, in the case of final payment in full, surrender, at the office of the Paying Agent, to or to the order of the bearer of the Global Note of the applicable Tranche, by transfer to an account maintained by the payee as prescribed by Section 2.09 of the Senior Note Indenture or Section 2.09 of the Junior Note Indenture, as the case may be.
Duties of the Paying Agent. The Borrower shall be the paying agent (the Paying Agent). The Paying Agent shall pay to the Original Lender and any Assignee notified to it at least 10 Business Days prior to the relevant payment date any payments of principal and interest made to it by the Borrower. The Paying Agent shall also forward any communications sent by the Borrower or the Lender to the relevant other party as set out in Clause 12.
Duties of the Paying Agent. IN THE EXECUTION OF ITS DUTIES HEREUNDER, THE PAYING AGENT:
Duties of the Paying Agent. The Paying Agent shall hold the principal and interest payments, as the case may be, on the Notes exclusively for the purpose of paying each Noteholder of record in accordance with this Agreement. Such amounts received by the Paying Agent for such principal and/or interest payments shall be segregated from all other funds of the Paying Agent.
Duties of the Paying Agent. (a) The Secured Party hereby appoints Bank One, NA, to act solely on its, the Hedge Counterparties and the Noteholders' behalf as Paying Agent hereunder, and Bank One, NA, hereby accepts such appointment. The Paying Agent, both prior to the occurrence of a Event of Default hereunder and after an Event of Default shall have been cured or waived, shall undertake to perform such duties and only such duties as are specifically set forth in this Agreement and in accordance with the Securities Account Control Agreement.
Duties of the Paying Agent. As Paying Agent, Lxxxxx undertakes to perform the duties set forth herein and agrees to use commercially reasonable care in the performance thereof.
Duties of the Paying Agent. Subject to the provisions of this Agreement and the Indenture, the Paying Agent shall undertake and discharge the following duties for the benefit of the parties hereto and the Holders (as defined below) from time to time of the Notes:
Duties of the Paying Agent. The Bank shall act as paying agent for the Borrower and the Guarantor (the “Paying Agent“). The Paying Agent solely acts as the agent of the Borrower and the Guarantor and does not assume any obligations towards or relationship of agency or trust for any holder. The Paying Agent shall pay Auftrags- oder Treuhandverhältnis zwischen ihr und den Gläubigern begründet. Die Zahlstelle wird die von der Darlehensnehmerin bzw. der Garantin erbrachten Zahlungen an Kapital und Zinsen an die ihr bis spätestens 10 Geschäfts- tage vor dem Zahlungstermin bekannt gemach- ten Zessionare weiterleiten. Weiterhin wird die Zahlstelle etwaige Mitteilungen der Darlehens- nehmerin bzw. der Garantin oder der Gläubiger an die jeweils andere Partei entsprechend § 13 weiterleiten. to the assignees notified to it at least 10 Busi- ness Days prior to the payment date any pay- ments of principal and interest made to it by the Borrower or the Guarantor. The Paying Agent shall also forward any communications sent by the Borrower, the Guarantor or the Creditors to the relevant other party as set out in § 13.
Duties of the Paying Agent. Citibank, N.A., London Branch shall perform the functions of a paying agent (the “Paying Agent”) as agent of the Borrower; it shall not be under any fiduciary duty or other obligation towards, or have any relationship of agency or trust, for or with any person other than the Borrower. The Paying Agent shall have the rights and duties set out in this Loan Agreement and the Agency Agreement. However, no implied duties or obligations shall be read into this Agreement. The Paying Agent shall, in particular, pass on to the assignees notified to it at least 10 Business Days prior to the payment date any payments of principal and interest made by the Borrower. The Paying Agent shall also forward without undue delay any communications sent by the Borrower or the Creditors to the relevant other party. The Paying Agent and the Registrar shall be exempt, to the extent legally possible, from the restrictions of § 181 BGB and similar restrictions applicable to it pursuant to any other applicable law. The Paying Agent will treat all information relating to or provided by the Obligors strictly as confidential. The Paying Agent will not (save as required by Applicable Law (having the meaning as defined in § 7 (4) (e) above)) disclose or transfer any such information to any third party without having received the Obligors prior written consent. The Paying Agent agrees to disclose or transfer any information relating to or provided by the Obligors only to a limited number of third parties (including service providers selected by any of them) (together, the “Authorised Recipients”), for confidential use (including without limitation in connection with the provision of any service and for data processing, statistical and risk analysis purposes and for compliance with Applicable Law (having the meaning as defined in § 7 (4) (e) above)) provided that the Paying Agent has ensured or shall ensure that each such Authorised Recipient to which it provides such confidential information is aware that such information is confidential and undertakes to treat it accordingly.
Duties of the Paying Agent. 7.1 Subject to the payments to the Fiscal Agent provided for by Clause 5 being duly made, the Paying Agent shall act as paying agent of the Issuer in respect of principal and interest on the Notes and pay or cause to be paid on behalf of the Issuer, on and after each date on which any payment of principal or interest becomes due and payable, the amounts of principal or interest then payable under the Conditions and this Agreement. If any payment provided for by Clause 5 is made late but otherwise under the terms of this Agreement, the Paying Agent shall nevertheless act as such paying agent following receipt by them of payment.
