Common use of Method of payment to Principal Paying Agent Clause in Contracts

Method of payment to Principal Paying Agent. The Issuer will, before 10.00 a.m. (London Time), on each date on which any payment in respect of the Securities becomes due, transfer or procure that there is transferred such amount in U.S. dollars as shall be sufficient for the purposes of such payment to such account with such bank as the Principal Paying Agent may from time to time notify in writing to the Issuer. The Principal Paying Agent shall provide to the Issuer details of the relevant payment and its specified bank with sufficient time in order for the Issuer to satisfy its obligations under this sub-Clause 5.6.

Appears in 4 contracts

Samples: Agency Agreement, Agency Agreement, Agency Agreement

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