Payment of Net Issue Proceeds the Relevant Dealer shall, on a delivery against payment basis (unless otherwise agreed), cause the payment of the net subscription moneys (namely the agreed issue or sale price for the Notes plus any accrued interest and less any agreed commissions, concessions or other agreed deductions) to or to the order of the relevant Issuer by credit transfer to such account as may have been specified by the Issuer to the Relevant Dealer for such purpose.
Payment of Net Issue Proceeds against such registration and delivery, the Managers, shall procure the payment of the net proceeds of the issue of the Bonds (namely the Issue Price plus accrued interest (if any) less the fees and expenses (if any) that are to be deducted pursuant to Clause 9 and 10) to the Issuer by credit transfer in United States dollars for immediate value to such account as the Issuer has designated to the Managers.
