Common use of Luxembourg Paying Agent Clause in Contracts

Luxembourg Paying Agent. So long as any of the Applicable Certificates are listed on the Luxembourg Stock Exchange and the rules of the Luxembourg Stock Exchange shall so require, the Trustee shall maintain a paying agent in Luxembourg (the "Luxembourg Paying Agent"), which shall be considered a Paying Agent for purposes of the Agreement. The Luxembourg Paying Agent, by accepting its appointment, shall be deemed to agree to perform the duties of the paying agent set forth in the Prospectus Supplement and the other requirements of the Luxembourg Stock Exchange. The Trustee hereby initially appoints Credit Lyonnais Luxembourg S.A., as Luxembourg Paying Agent and as the Trustee's agent where notices and demands to or upon the Trustee in respect of any Applicable Certificates listed on the Luxembourg Stock Exchange may be served, where payments of principal, interest, Prepayment Premium (if any) and other premium (if any) on the Definitive Certificates may be made upon written request of the registered holder of a Definitive Certificate to the Trustee or to the Luxembourg Paying Agent (a copy of which shall be furnished to the Trustee), and where such Applicable Certificates may be surrendered for exchange on the terms and conditions set forth in this Agreement. The Trustee shall, upon written request of the Company, at any time and from time to time, vary or terminate the appointment of such Luxembourg Paying Agent or appoint any additional or replacement Luxembourg Paying Agent for any or all of such purposes, subject to the requirements of the first sentence of this Section 4.08. The Trustee shall direct the Luxembourg Paying Agent to promptly forward copies of all inquiries and requests relating to the Applicable Certificates to the Trustee and the Escrow Agent.

Appears in 2 contracts

Samples: Northwest Airlines Inc /Mn, Northwest Airlines Inc /Mn

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Luxembourg Paying Agent. So long as any of the Applicable Certificates are listed on the Luxembourg Stock Exchange and the rules of the Luxembourg Stock Exchange shall so require, the Trustee shall maintain a paying agent in Luxembourg (the "Luxembourg Paying Agent"), which shall be considered a Paying Agent for purposes of the Agreement. The Luxembourg Paying Agent, by accepting its appointment, shall be deemed to agree to perform the duties of the paying agent set forth in the Prospectus Supplement Offering Circular and the other requirements of the Luxembourg Stock Exchange. The Trustee hereby initially appoints Credit Crédit Lyonnais Luxembourg S.A., as Luxembourg Paying Agent and as the Trustee's agent where notices and demands to or upon the Trustee in respect of any Applicable Certificates listed on the Luxembourg Stock Exchange may be served, where payments of principal, interest, Prepayment Premium Break Amount (if any) and other premium Prepayment Premium (if any) on the Definitive Certificates may be made upon written request of the registered holder of a Definitive Certificate to the Trustee or to the Luxembourg Paying Agent (a copy of which shall be furnished to the Trustee), and where such Applicable Certificates may be surrendered for exchange on the terms and conditions set forth in this Agreement. The Trustee shall, upon written request of the Company, at any time and from time to time, vary or terminate the appointment of such Luxembourg Paying Agent or appoint any additional or replacement Luxembourg Paying Agent for any or all of such purposes, subject to the requirements of the first sentence of this Section 4.085.08. The Trustee shall direct the Luxembourg Paying Agent to promptly forward copies of all inquiries and requests relating to the Applicable Certificates to the Trustee and the Escrow Agent.

Appears in 2 contracts

Samples: Northwest Airlines Inc /Mn, Northwest Airlines Inc /Mn

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Luxembourg Paying Agent. So long as any of the Applicable Certificates are listed on the Luxembourg Stock Exchange and the rules of the Luxembourg Stock Exchange shall so require, the Trustee shall maintain a paying agent in Luxembourg (the "Luxembourg Paying Agent"), which shall be considered a Paying Agent for purposes of the Agreement. The Luxembourg Paying Agent, by accepting its appointment, shall be deemed to agree to perform the duties of the paying agent set forth in the Prospectus Supplement and the other requirements of the Luxembourg Stock Exchange. The Trustee hereby initially appoints Credit Lyonnais Luxembourg S.A., as Luxembourg Paying Agent and as the Trustee's agent where notices and demands to or upon the Trustee in respect of any Applicable Certificates listed on the Luxembourg Stock Exchange may be served, where payments of principal, interest, Break Amount (if any), Prepayment Premium (if any) and other premium (if any) on the Definitive Certificates may be made upon written request of the registered holder of a Definitive Certificate to the Trustee or to the Luxembourg Paying Agent (a copy of which shall be furnished to the Trustee), and where such Applicable Certificates may be surrendered for exchange on the terms and conditions set forth in this Agreement. The Trustee shall, upon written request of the Company, at any time and from time to time, vary or terminate the appointment of such Luxembourg Paying Agent or appoint any additional or replacement Luxembourg Paying Agent for any or all of such purposes, subject to the requirements of the first sentence of this Section 4.08. The Trustee shall direct the Luxembourg Paying Agent to promptly forward copies of all inquiries and requests relating to the Applicable Certificates to the Trustee and the Escrow Agent.

Appears in 1 contract

Samples: Northwest Airlines Inc /Mn

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