Common use of Payment of net issue Clause in Contracts

Payment of net issue. proceeds: against such delivery, the Managers shall procure the payment of the net proceeds of the issue of the Notes (namely the Issue Price plus accrued interest less the fees and expenses that are to be set off pursuant to Clause 7 (Fees and Expenses)) to the Issuer by credit transfer in euro for same day value to such account as the Issuer has designated to the Joint Lead Managers.

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 Notes (namely the Issue Price [plus accrued interest interest] less the fees and expenses that are to be set off deducted pursuant to Clause 7 [5] (Fees and Expenses)) to the Issuer by credit transfer in euro [currency] for [immediate/same day day] value to such account as the Issuer has designated to the Joint Lead ManagersManager.

Payment of net issue. proceeds: against such delivery, the Managers shall procure the payment of the net proceeds of the issue of the Notes (namely the Issue Price plus accrued interest interest, if any, from the Issue Date less the fees and expenses commission payable to the Managers that are to be set off deducted pursuant to Clause 7 5.1 (Fees Combined management and Expensesunderwriting commission)) to the Issuer by credit transfer in euro USD for same day value to such account as the Issuer has designated to the Joint Lead ManagersManager.

Payment of net issue. proceeds: against such delivery, the Managers shall procure the payment of the net proceeds of the issue of the Notes (namely the Issue Price [plus accrued interest interest] less the fees and expenses that are to be set off deducted pursuant to Clause 7 5 (Fees and Expenses)) to the Issuer by credit transfer in euro [] for [immediate/same day day] value to such account as the Issuer has designated to the Joint Lead ManagersManager.

Payment of net issue. proceeds: against such delivery, the Managers shall procure the payment of the net proceeds of the issue of the Notes (namely the Issue Price [plus accrued interest interest] less the fees and expenses that are to be set off deducted pursuant to Clause 7 [5] (Fees and Expenses)) to the Issuer by credit transfer in euro [currency] for [immediate/same day day] value to such account as the Issuer has designated to the Joint Lead ManagersManager.