Common use of Duties of the Principal Paying Agent Clause in Contracts

Duties of the Principal Paying Agent. The Principal Paying Agent shall procure the holding in safe custody of all unauthenticated Definitive Ninth Issuer Notes delivered to it in accordance with Clause 3.5 and shall ensure that such Definitive Ninth Issuer Notes are authenticated and delivered only in accordance with the terms hereof and of the Conditions.

Appears in 2 contracts

Samples: Ninth Issuer Paying Agent and Agent Bank Agreement (HOLMES FINANCING (No. 9) PLC), Ninth Issuer Paying Agent and Agent Bank Agreement (HOLMES FINANCING (No. 9) PLC)

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Duties of the Principal Paying Agent. The Principal Paying Agent shall procure the holding in safe custody of all unauthenticated Definitive Ninth Eighth Issuer Notes delivered to it in accordance with Clause 3.5 and shall ensure that such Definitive Ninth Eighth Issuer Notes are authenticated and delivered only in accordance with the terms hereof and of the Conditions.

Appears in 1 contract

Samples: Eighth Issuer Paying Agent and Agent Bank Agreement (Holmes Financing No 8 PLC)

Duties of the Principal Paying Agent. The Principal Paying Agent shall procure the holding in safe custody of all unauthenticated Definitive Ninth Seventh Issuer Notes delivered to it in accordance with Clause 3.5 and shall ensure that such Definitive Ninth Seventh Issuer Notes are authenticated and delivered only in accordance with the terms hereof and of the Conditions.

Appears in 1 contract

Samples: Seventh Issuer Paying Agent and Agent Bank Agreement (Holmes Financing No 7 PLC)

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Duties of the Principal Paying Agent. The Principal Paying Agent shall procure the holding in safe custody of all unauthenticated Definitive Ninth Sixth Issuer Notes delivered to it in accordance with Clause CLAUSE 3.5 and shall ensure that such Definitive Ninth Sixth Issuer Notes are authenticated and delivered only in accordance with the terms hereof and of the Conditions.

Appears in 1 contract

Samples: Sixth Issuer Paying Agent and Agent Bank Agreement (Holmes Financing No 6 PLC)

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