Notification of Non-payment. The Principal Paying Agent shall forthwith notify by fax each of the other Agents, the Issuer and the Trustee if it has not received any amount referred to in Clause 4.1 (Payment to the Principal Paying Agent) by the time specified for its receipt, unless it is satisfied that it will receive such amount later (but within a reasonable time of the due date of such amount) or it has already notified such persons pursuant to Clause 4.3 (Notification of Failure to Preadvise Payment).
Appears in 2 contracts
Samples: Agency Agreement, Agency Agreement
Notification of Non-payment. The Principal Paying Agent shall forthwith as soon as reasonably practicable notify by fax in writing each of the other Paying Agents, the Issuer and the Trustee if it has not received any the amount referred to in Clause 4.1 (Payment to the Principal Paying Agent) 5.1 by the time specified for its receipt, unless it is satisfied that it will receive such amount later (but within a reasonable time of the due date of such amount) or it has already notified such persons pursuant to Clause 4.3 (Notification of Failure to Preadvise Payment).
Appears in 2 contracts
Samples: Agency Agreement, Agency Agreement
Notification of Non-payment. The Principal Paying Agent shall forthwith notify by fax each of the other Agents, the Issuer Issuer, the Guarantor and the Trustee if it has not received any the amount referred to in Clause 4.1 (Payment to the Principal Paying Agent) by the time specified for its receipt, unless it is satisfied that it will receive such amount later (but within a reasonable time of the due date of such amount) or it has already notified such persons pursuant to Clause 4.3 (Notification of Failure to Preadvise Payment).
Appears in 1 contract
Samples: Agency Agreement
Notification of Non-payment. The Principal Paying Agent shall forthwith as soon as reasonably practicable notify by fax facsimile each of the other Paying Agents, the Issuer and the Trustee if it has not received the amount to be transferred to it pursuant to any amount irrevocable payment instruction referred to in Clause 4.1 (Payment to the Principal Paying Agent5.1.1(i) or Clause 5.1.2(i), in each case by the time specified for its receipt, unless it is satisfied that it will receive such amount later (but within a reasonable time of the due date of such relevant amount) or it has already notified such persons pursuant to Clause 4.3 (Notification of Failure to Preadvise Payment).
Appears in 1 contract
Samples: Agency Agreement (New Oriental Education & Technology Group Inc.)
Notification of Non-payment. The Principal Paying Agent shall forthwith promptly notify by fax in writing each of the other Agents, the Issuer Issuer, the Guarantor and the Trustee if it has not received any the amount referred to in Clause 4.1 (Payment to the Principal Paying Agent) 5.1 by the time specified for its receipt, unless it is satisfied that it will receive such amount later (but within a reasonable time of the due date of such amount) or it has already notified such persons pursuant to Clause 4.3 (Notification of Failure to Preadvise Payment)5.3.
Appears in 1 contract
Samples: Agency Agreement
Notification of Non-payment. The Principal Paying Agent shall forthwith promptly notify by fax in writing each of the other Agents, the Issuer Issuer, the Guarantor and the Trustee if it has not received any the amount referred to in Clause 4.1 (Payment to the Principal Paying Agent) 5.1 by the time specified for its receipt, unless it is satisfied that it will receive such amount later (but within a reasonable time of the due date of such amount) or it has already notified such persons pursuant to Clause 4.3 (Notification of Failure to Preadvise Payment).
Appears in 1 contract
Samples: Agency Agreement
Notification of Non-payment. The As soon as reasonably practicable, the Principal Paying Agent shall forthwith notify by fax each of the other Paying Agents, the Issuer and the Trustee if it has not received any the amount referred to in Clause 4.1 (Payment to the Principal Paying Agent) 5.1 by the time specified for its receipt, unless it is satisfied that it will receive such amount later (but within a reasonable time of the due date of such amount) or it has already notified such persons pursuant to Clause 4.3 (Notification of Failure to Preadvise Payment).
Appears in 1 contract