PAYMENT OF AMOUNTS HELD BY THE PAYING AGENT. If the appointment of a Paying Agent is terminated, that Paying Agent must, on the date on which that termination takes effect, pay to the successor Paying Agent any amount held by it for payment of principal or interest in respect of any Offered Note and must deliver to the successor Paying Agent all records maintained by it and all documents (including any Offered Notes) held by it pursuant to this Agreement.
Appears in 5 contracts
Samples: Agency Agreement (Medallion Trust Series 2007-1g), Agency Agreement (Securitisation Advisory Services Pty LTD), Agency Agreement (Securitisation Advisory Services Pty LTD)
PAYMENT OF AMOUNTS HELD BY THE PAYING AGENT. If the appointment of a Paying Agent is terminated, that Paying Agent must, on the date on which that termination takes effect, pay to the successor Paying Agent any amount held by it for payment of principal or interest in respect of any Offered Offshore Note and must deliver to the successor Paying Agent all records maintained by it and all documents (including any Offered Offshore Notes) held by it pursuant to this Agreement.
Appears in 2 contracts
Samples: Agency Agreement (Securitisation Advisory Services Pty LTD), Agency Agreement (Securitisation Adv Serv Medallion Trust Series 2004-1g)