Common use of Payment after Failure to Preadvise or Late Payment Clause in Contracts

Payment after Failure to Preadvise or Late Payment. The Issuing and Paying Agent shall forthwith notify in writing each of the other Agents, the relevant Issuer, the Trustee, and, if requested by the Trustee, the Noteholders if at any time following the giving of a notice by the Issuing and Paying Agent under sub-Clauses 4.3 or 4.5 either any payment provided for in sub-Clause 4.1 is made on or after its due date but otherwise in accordance with this Agreement or the Issuing and Paying Agent is satisfied that it will receive such payment.

Appears in 2 contracts

Samples: Agency Agreement, Agency Agreement

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Payment after Failure to Preadvise or Late Payment. The Issuing and Paying Agent shall forthwith notify in writing each of the other Agents, the relevant Issuer, the Trustee, and, if requested by the Trustee, the Noteholders if at any time following the giving of a notice by the Issuing and Paying Agent under sub-Clauses 4.3 (Notification of Failure to Preadvise Payment) or 4.5 (Notification of Non-payment) either any payment provided for in sub-Clause 4.1 (Payment to the Issuing and Paying Agent) is made on or after its due date but otherwise in accordance with this Agreement or the Issuing and Paying Agent is satisfied that it will receive such payment.

Appears in 1 contract

Samples: Agency Agreement

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Payment after Failure to Preadvise or Late Payment. The Issuing and Paying Agent shall forthwith notify in writing each of the other Agents, the relevant Relevant Issuer, (in the case of Guaranteed Notes) the Guarantor, the Trustee, and, if requested by the Trustee, the Noteholders if at any time following the giving of a notice by the Issuing and Paying Agent under sub-Clauses 4.3 or 4.5 either any payment provided for in sub-Clause 4.1 is made on or after its due date but otherwise in accordance with this Agreement or the Issuing and Paying Agent is satisfied that it will receive such payment.or

Appears in 1 contract

Samples: www.airbus.com

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