Common use of Paying Agent and Security Registrar Clause in Contracts

Paying Agent and Security Registrar. The Trustee shall initially act as the Paying Agent and Security Registrar in respect of the Notes and its Corporate Trust Office is designated as a place where the Notes may be presented for payment or for registration of transfer or exchange. The Company may, however, change the Paying Agent or Security Registrar for the Notes without prior notice to any Holders, and the Company or any Subsidiary may act as Paying Agent or Security Registrar for the Notes.

Paying Agent and Security Registrar. The Trustee shall initially act as the Paying Agent and Security Registrar in respect of the Notes and its Corporate Trust Office is designated as a place where the Notes may be presented for payment or for registration of transfer or exchange. The Company may, however, change the Paying Agent or Security Registrar for the Notes without prior notice to any Holdersthe Holders thereof, and the Company or any Subsidiary may act as Paying Agent or Security Registrar for the Notes.

Paying Agent and Security Registrar. The Trustee shall initially act as the Paying Agent and Security Registrar in respect of the each series of Notes and its Corporate Trust Office is designated as a place where the such Notes may be presented for payment or for registration of transfer or exchange. The Company may, however, change the Paying Agent or Security Registrar for the such Notes without prior notice to any Holdersthe Holders thereof, and the Company or any Subsidiary may act as Paying Agent or Security Registrar for the Notes.