Common use of Notice of Payment Clause in Contracts

Notice of Payment. The Issuer shall, before 10.00 a.m. (London time) on or prior to the third Business Day before the due date of each payment by, or procured by, it under Clause 5.1 (Issuer to pay Principal Paying Agent and Class Z VFN Registrar), procure that the Principal Paying Agent (in respect of the Class A Notes), the Class Z VFN Registrar (in respect of the Class Z VFN) and the Note Trustee shall receive: (a) a copy of an irrevocable payment instruction to the bank through which the payment is to be made; (b) a notice setting out the amounts of principal and/or (as the case may be) interest in the Agreed Currency to be paid in respect of each Class A Note and Class Z VFN (as applicable) on the relevant due dates.

Notice of Payment. The Issuer shall, before 10.00 a.m. (London time) on or prior to the third Business Day before the due date of each payment by, or procured by, it under Clause 5.1 (Issuer to pay Principal Paying Agent and Class Z VFN Registrar), procure that the Principal Paying Agent (in respect of the Class A Notes), the Class Z VFN Registrar (in respect of the Class Z VFN) and the Note Trustee shall receive: (a) a copy of an irrevocable payment instruction to the bank through which the payment is to be made; (b) a notice setting out the amounts of principal and/or (as the case may be) interest in the Agreed Currency to be paid in respect of each Class A Note and Class Z VFN (as applicable) on the relevant due dates.