Common use of Paying Agents; Discharge of Payment Obligations; Indemnity of Holders Clause in Contracts

Paying Agents; Discharge of Payment Obligations; Indemnity of Holders. (a) The Company may from time to time appoint one or more Paying Agents and may designate a Paying Agent as Principal Paying Agent (the “Principal Paying Agent”) under this Indenture and the Securities. By its execution and delivery of this Indenture, the Company hereby initially designates and appoints The Bank of Tokyo-Mitsubishi, Ltd. as Principal Paying Agent and The Bank of New York as co-Paying Agent. Subject to Section 10.03, the Company may act as Paying Agent.

Appears in 2 contracts

Samples: Supplemental Indenture (Net Servicos De Comunicacao S A), Supplemental Indenture (Net Servicos De Comunicacao S A)

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Paying Agents; Discharge of Payment Obligations; Indemnity of Holders. (a) The Company may from time to time appoint one or more Paying Agents and may designate a Paying Agent as Principal Paying Agent (the "Principal Paying Agent") under this Indenture and the Securities. By its execution and delivery of this Indenture, the Company hereby initially designates and appoints The Bank of Tokyo-Mitsubishi, Ltd. as Principal Paying Agent and The Bank of New York as co-Paying Agent. Subject to Section 10.03, the Company may act as Paying Agent.

Appears in 2 contracts

Samples: Brazilian Communitary Antennae LTD, Brazilian Communitary Antennae LTD

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