Common use of Paying Duties Clause in Contracts

Paying Duties. (i) Notwithstanding anything to the contrary in the provisions of Section 5 of the Agency Agreement, but subject to the provisions of this supplemental agreement, the Canadian Agent will pay all amounts due in respect of the Canadian Covered Bonds on the due dates for such payments in accordance with the Conditions. So long as the Canadian Covered Bonds are represented by a single global certificate, registered in the name of CDS or its nominee, all payments on the Canadian Covered Bonds shall be made by the Canadian Agent by wire transfer of immediately available funds in Canadian dollars to an account or accounts designated by CDS.

Appears in 3 contracts

Samples: Supplemental Agency Agreement, Supplemental Agency Agreement, Supplemental Agency Agreement

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Paying Duties. (i) Notwithstanding anything to the contrary in the provisions of Section 5 6 of the Agency Agreement, but subject to the provisions of this supplemental agreement, the Canadian Agent will pay all amounts due in respect of the Canadian Covered Bonds on the due dates for such payments in accordance with the Terms and Conditions. So long as the Canadian Covered Bonds are represented by a single global certificate, registered in the name of CDS or its nominee, all payments on the Canadian Covered Bonds shall be made by the Canadian Agent by wire transfer of immediately available funds in Canadian dollars to an account or accounts designated by CDS.

Appears in 1 contract

Samples: Supplemental Agency Agreement

Paying Duties. (i) Notwithstanding anything to the contrary in the provisions of Section 5 6 of the Agency Agreement, but subject to the provisions of this supplemental agreement, the Canadian Agent will pay all amounts due in respect of the Canadian Covered Bonds on the due dates for such payments in accordance with the Conditions. So long as the Canadian Covered Bonds are represented by a single global certificate, registered in the name of CDS or its nominee, all payments on the Canadian Covered Bonds shall be made by the Canadian Agent by wire transfer of immediately available funds in Canadian dollars to an account or accounts designated by CDS.

Appears in 1 contract

Samples: Supplemental Agency Agreement

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Paying Duties. (i) Notwithstanding anything to the contrary in the provisions of Section 5 Sections 5, 6 and 7 of the Agency Agreement, but subject to the provisions of this supplemental agreement, the Canadian Agent will pay all amounts due in respect of the Canadian Covered Bonds on the due dates for such payments in accordance with the Conditions. So long as the Canadian Covered Bonds are represented by a single global certificate, registered in the name of CDS or its nominee, all payments on the Canadian Covered Bonds shall be made by the Canadian Agent by wire transfer of immediately available funds in Canadian dollars to an account or accounts designated by CDS.

Appears in 1 contract

Samples: Supplemental Agency Agreement

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