Issuer to pay Fiscal Agent. In order to provide for the payment of principal and interest in respect of the Notes as the same becomes due and payable, the Issuer shall pay to the Fiscal Agent, on or before the date which is one Local Banking Day before the day on which such payment becomes due, an amount equal to the amount of principal and/or (as the case may be) interest falling due in respect of the Notes on such date.
Issuer to pay Fiscal Agent. In order to provide for the payment of principal and Distribution (including any Arrears of Distribution and Additional Distribution Amount) in respect of the Securities as the same becomes due and payable, the Issuer shall pay to the Fiscal Agent, on or before the day on which such payment becomes due, an amount equal to the amount of principal and/or (as the case may be) Distribution (including any Arrears of Distribution and Additional Distribution Amount) falling due in respect of the Securities on such date.
Issuer to pay Fiscal Agent. 6.1.1 In order to provide for the payment of principal and interest in respect of the Notes as the same becomes due and payable, the Issuer shall pay to the Fiscal Agent:
(i) before 10.00 a.m. (Local Time) on the date on which any payment in Euro in respect of any Note becomes due, transfer to the account specified in Schedule 9 (Account Details) or, if different, such other account as may be specified by the Fiscal Agent to the Issuer no later than 21 days before the date on which any such payment becomes due and payable, the amount in such currency as shall be sufficient for the purpose of such payment in funds settled through T2;
(ii) before 10.00 a.m. (local time in the relevant principal financial centre of the country of the relevant currency) on the date on which any payment in GBP in respect of any Note becomes due, transfer to the account specified in Schedule 9 (Account Details) or, if different, such other account as may be specified by the Fiscal Agent to the Issuer no later than 21 days before the date on which any such payment becomes due and payable, the amount in such currency as shall be sufficient for the purpose of such payment in funds settled through such payment system as the Agent and the Issuer may agree;
(iii) before 10.00 a.m. (local time in the relevant principal financial centre of the country of the relevant currency) on the date on which any payment in USD in respect of any Note becomes due, transfer to an account specified by the Fiscal Agent to the Issuer no later than 21 days before the date on which any such payment becomes due and payable the amount in such currency as shall be sufficient for the purpose of such payment in funds settled through such payment system as the Agent and the Issuer may agree;
(iv) before 10.00 a.m. (local time in the relevant principal financial centre of the country of the relevant currency) one Business Day prior to each date on which any payment in JPY or any other currency (other than EUR, GBP or USD) in respect of any Note becomes due, transfer to an account specified by the Fiscal Agent to the Issuer no later than 21 days before the date on which any such payment becomes due and payable the amount in such currency as shall be sufficient for the purpose of such payment in funds settled through such payment system as the Agent and the Issuer may agree.
6.1.2 Should the Issuer pay amounts in Euro to the Fiscal Agent prior to the date the amounts are due, the Fiscal Agent may request from the ...
Issuer to pay Fiscal Agent. In order to provide for the payment of principal and interest in respect of the Notes as the same becomes due and payable, the Issuer shall pay to the Fiscal Agent, before
Issuer to pay Fiscal Agent. 6.1.1 In order to provide for the payment of principal and interest in respect of the Notes as the same becomes due and payable, the Issuer shall pay to the Fiscal Agent:
(i) before 10.00 a.m. (Local Time) on the date on which any payment in Euro in respect of any Note becomes due, transfer to an account specified by the Fiscal Agent the amount in such currency as shall be sufficient for the purpose of such payment in funds settled through TARGET 2;
(ii) before 10.00 a.m. (local time in the relevant principal financial centre of the country of the relevant currency) on the date which any payment in GBP or USD in respect of any Note becomes due, transfer to an account specified by the Fiscal Agent the amount in such currency as shall be sufficient for the purpose of such payment in funds settled through such payment system as the Agent and the Issuer may agree;
(iii) before 10.00 a.m. (local time in the relevant principal financial centre of the country of the relevant currency) one Business Day prior to each date on which any payment in JPY or any other currency (other than EUR, GBP or USD) in respect of any Note becomes due, transfer to an account specified by the Fiscal Agent the amount in such currency as shall be sufficient for the purpose of such payment in funds settled through such payment system as the Agent and the Issuer may agree.
6.1.2 Should the Issuer pay amounts in Euro to the Fiscal Agent prior to the date the amounts are due, the Fiscal Agent may request from the Issuer payment of interest rates on such amounts, from the date on which they are paid to the date on which they are due, at a percentage rate equal to the cost to the Fiscal Agent of funding the amounts received in accordance with the applicable standard market interest rate.
Issuer to pay Fiscal Agent. In order to provide for the payment of principal and interest in respect of the Covered Bonds as the same becomes due and payable, the Issuer shall pay to the Fiscal Agent, an amount equal to the amount of principal and/or (as the case may be) interest falling due in respect of the Covered Bonds:
7.1.1 before 10.00 a.m. (local time in the relevant principal financial centre of the country of the relevant currency (being CET or CEST for EUR and New York time for USD)) on each date on which any payment in EUR, GBP or USD in respect of any Covered Bond becomes due by transferring to an account specified by the Fiscal Agent the amount in such currency as shall be sufficient for the purpose of such payment in funds settled through such payment system as the Fiscal Agent and the Issuer may agree;
7.1.2 before 10.00 a.m. (local time in the relevant principal financial centre of the country of the relevant currency) one Business Day prior to each date on which any payment in JPY or any other currency (other than EUR, GBP or USD) in respect of any Covered Bond becomes due by transferring to an account specified by the Fiscal Agent the amount in such currency as shall be sufficient for the purpose of such payment; or
7.1.3 prior to the issuance of the relevant Covered Bonds, consult and agree with the Principal Paying Agent, in relation to the settlement and timing for payment procedures in respect of any Covered Bonds for which the relevant currency is other than EUR, GBP or USD.
Issuer to pay Fiscal Agent. In order to provide for the payment of principal and interest in respect of the Covered Bonds as the same becomes due and payable, the Issuer shall pay to the Fiscal Agent, no later than 10.00 a.m. (Local Time) for USD, Euro and GBP on the Local Banking Day on which such payment becomes due (or an earlier date for any other currency as confirmed by the Fiscal Agent), an amount equal to the amount of principal and/or (as the case may be) interest falling due in respect of the Covered Bonds on such date.
Issuer to pay Fiscal Agent. In order to provide for the payment of principal and interest in respect of the Notes as the same becomes due and payable, the Issuer shall pay to the Fiscal Agent, on or before the date on which such payment becomes due (or by such earlier time as may be determined by the Agent in its absolute discretion), an amount equal to the amount of principal and/or (as the case may be) interest falling due in respect of the Notes on such date. If the Agent determines in its absolute discretion that payment in accordance with this Clause
7.1 is required to be made earlier, it will provide the Issuer with no less than 21 days' prior notice in writing of such requirement.
Issuer to pay Fiscal Agent. 7.1.1 No later than on the 21st day prior to each date on which any payment in respect of any Security becomes due, the Fiscal Agent shall deliver written payment instructions in respect of the upcoming payment to the Issuer setting out (i) the amount and currency which the Issuer is required to pay, (ii) the relevant payment date, and (iii) the account details for the account to which the relevant payment shall be paid.
7.1.2 The Issuer will:
(a) before 10.00 a.m. (Luxembourg time) on each date on which any payment in EUR in respect of any Security becomes due, transfer to an account specified by the Fiscal Agent such amount in EUR as shall be sufficient for the purpose of such payment in funds settled through TARGET 2;
(b) before 10.00 a.m. (local time in the relevant principal financial centre of the country of the relevant currency) on each date on which any payment in GBP or USD in respect of any Security becomes due, transfer to an account specified by the Fiscal Agent the amount in such currency as shall be sufficient for the purpose of such payment in funds settled through such payment system as the Agent and the Issuer may agree; or
(c) before 10.00 a.m. (local time in the relevant principal financial centre of the country of the relevant currency) one Business Day prior to each date on which any payment in JPY or any other currency (other than EUR, GBP or USD) in respect of any Security becomes due, transfer to an account specified by the Fiscal Agent the amount in such currency as shall be sufficient for the purpose of such payment, provided that at the time of the payment the long-term deposit rating of the Issuer assigned by Fitch Rating Limited is at least BBB or by Standard & Poors is at least BBB or by Moodys is at least Baa2 in funds settled through such payment system as the Agent and the Issuer may agree.
Issuer to pay Fiscal Agent. In order to provide for the payment of principal and interest in respect of the Notes as the same becomes due and payable, the Issuer shall pay to the Fiscal Agent for any Saudi Riyal denominated issuances, on or before the date which is two Local Banking Days before the day on which such payment becomes due, an amount equal to the amount of principal and/or (as the case may be) interest falling due in respect of the Notes on such date. In order to provide for the payment of principal and interest in respect of the Notes as the same becomes due and payable, the Issuer shall pay to the Fiscal Agent for any non- Saudi Riyal denominated issuances, on or before the date which is one Local Banking Days before the day on which such payment becomes due, an amount equal to the amount of principal and/or (as the case may be) interest falling due in respect of the Notes on such date.
