Common use of No Obligation to Pay Clause in Contracts

No Obligation to Pay. No payments in respect of any Definitive Ninth Issuer Notes will be made on the final date for redemption, or as the case may be payment, or such earlier date as the relevant Definitive Ninth Issuer Notes may become repayable, or as the case may be payable, in whole unless the Registrar or any Transfer Agent confirms to the Principal Paying Agent that such Definitive Ninth Issuer Note has been surrendered to it.

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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No Obligation to Pay. No payments in respect of any Definitive Ninth Sixth Issuer Notes will be made on the final date for redemptionredemption or, or as the case may be be, payment, or such earlier date as the relevant Definitive Ninth Sixth Issuer Notes may become repayablerepayable or, or as the case may be be, payable, in whole unless the Registrar or any Transfer Agent confirms to the Principal Paying Agent that such Definitive Ninth Sixth Issuer Note has been surrendered to it.

Appears in 2 contracts

Samples: Sixth Issuer Paying Agent and Agent Bank Agreement (Permanent Mortgages Trustee LTD), Paying Agent Agreement (Permanent Financing (No. 6) PLC)

No Obligation to Pay. No payments in respect of any Definitive Ninth Eighth Issuer Notes will be made on the final date for redemptionredemption or, or as the case may be be, payment, or such earlier date as the relevant Definitive Ninth Eighth Issuer Notes may become repayablerepayable or, or as the case may be be, payable, in whole unless the Registrar or any Transfer Agent confirms to the Principal Paying Agent that such Definitive Ninth Eighth Issuer Note has been surrendered to it.

Appears in 2 contracts

Samples: Eighth Issuer Paying Agent and Agent Bank Agreement (Permanent Financing (No. 8) PLC), Eighth Issuer Paying Agent and Agent Bank Agreement (Permanent Mortgages Trustee LTD)

No Obligation to Pay. No payments in respect of any Definitive Ninth Seventh Issuer Notes will be made on the final date for redemptionredemption or, or as the case may be be, payment, or such earlier date as the relevant Definitive Ninth Seventh Issuer Notes may become repayablerepayable or, or as the case may be be, payable, in whole unless the Registrar or any Transfer Agent confirms to the Principal Paying Agent that such Definitive Ninth Seventh Issuer Note has been surrendered to it.

Appears in 2 contracts

Samples: Seventh Issuer Paying Agent and Agent Bank Agreement (Permanent Mortgages Trustee LTD), Seventh Issuer Paying Agent and Agent Bank Agreement (Permanent Mortgages Trustee LTD)

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No Obligation to Pay. No payments in respect of any Definitive Ninth Seventh Issuer Notes will be made on the final date for redemption, or as the case may be payment, or such earlier date as the relevant Definitive Ninth Seventh Issuer Notes may become repayable, or as the case may be payable, in whole unless the Registrar or any Transfer Agent confirms to the Principal Paying Agent that such Definitive Ninth Seventh Issuer Note has been surrendered to it.

Appears in 1 contract

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

No Obligation to Pay. No payments in respect of any Definitive Ninth Eighth Issuer Notes will be made on the final date for redemption, or as the case may be payment, or such earlier date as the relevant Definitive Ninth Eighth Issuer Notes may become repayable, or as the case may be payable, in whole unless the Registrar or any Transfer Agent confirms to the Principal Paying Agent that such Definitive Ninth Eighth Issuer Note has been surrendered to it.

Appears in 1 contract

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

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