Payment to Fiscal Agent. The Issuer will, on each date on which any payment in respect of the Bonds becomes due, transfer to the Fiscal Agent to the previously-designated account for such purpose before 11.00 a.m. Paris time such amount as may be required for the purposes of such payment. The Issuer will procure that the bank through which such payment is to be made will supply to the Fiscal Agent by 3.00 p.m. (local time in the city of the Fiscal Agent’s specified office) on the business day in the city of the Fiscal Agent’s specified office before the due date for any such payment an irrevocable confirmation (by authenticated SWIFT message) of its intention to make such payment to be made to the Fiscal Agent. In this Clause, the date on which a payment in respect of the Bonds becomes due means the first date on which the holder of a Bond or Coupon could claim the relevant payment by transfer to an account under the Conditions, but disregarding the necessity for it to be a business day in any particular place of presentation.
Payment to Fiscal Agent. In order to provide for the payment of principal and interest in respect of the Notes as the same becomes due and payable, the Issuer, failing whom the Guarantor, shall pay to the Fiscal Agent, by 10.00 a.m. (Local Time) on the day on which such payment becomes due, an amount equal to the amount of principal and/or (as the case may be) interest falling due in respect of the Notes on such date.
Payment to Fiscal Agent. The Issuer, failing whom the Guarantor, will, by 10.00 a.m. (Paris and Luxembourg time) on each date on which any payment in respect of the Notes becomes due, transfer to the Fiscal Agent such amount as may be required for the purposes of such payment (including any cash adjustment amount in respect of the Notes (the Cash Adjustment Amount) payable following redenomination of the Notes into Euro-denominated Notes pursuant to Condition 2). The Issuer will procure that the bank through which such payment is to be made will supply to the Fiscal Agent by 3.00 p.m. (local time in the city of the Fiscal Agents specified office) on the second business day in the city of the Fiscal Agents specified office before the due date for any such payment an irrevocable confirmation (by tested telex or authenticated SWIFT message) of its intention to make such payment. In this Clause, the date on which a payment in respect of the Notes becomes due means the first date on which the holder of a Note or Coupon could claim the relevant payment by transfer to an account under the Conditions, but disregarding the necessity for it to be a business day in any particular place of presentation.
Payment to Fiscal Agent. The Issuer will, by 11 a.m. (Madrid time) on the Business Day before each date on which any payment in respect of the Notes becomes due, transfer to the Fiscal Agent such amount as may be required for the purposes of such payment. The Issuer will confirm to the Fiscal Agent and the Commissioner by 3.00 p.m. (local time in the city of the Fiscal Agent’s specified office) on the second Business Day in the city of the Fiscal Agent’s specified office before the due date for any such payment that irrevocable instructions have been issued by it to make such payment. In this Clause 4, the date on which a payment in respect of the Notes becomes due means the first date on which the holder of a Note could claim the relevant payment by transfer to an account under the Conditions.
Payment to Fiscal Agent. The Issuer will, at least one Business Day before each date on which any payment in respect of the Notes becomes due, transfer to the Fiscal Agent such amount as may be required for the purposes of such payment. The Issuer will confirm to the Fiscal Agent by 3.00 p.m. (local time in the city of the Fiscal Agent’s specified office) on the business day in the city of the Fiscal Agent’s specified office before the due date for any such payment that irrevocable instructions have been issued by it for such payment to be made to the Fiscal Agent. In this Clause, the date on which a payment in respect of the Notes becomes due means the first date on which the holder of a Note or Coupon could claim the relevant payment by transfer to an account under the Conditions, but disregarding the necessity for it to be a business day in any particular place of presentation.
Payment to Fiscal Agent. The Issuer will, before 11 a.m. (Luxembourg time) on each date on which any payment in respect of the Bonds becomes due, transfer to the previously- designated account of the Fiscal Agent through the Target 2 System such amount as may be required for the purposes of such payment. In this Clause, the date on which a payment in respect of the Bonds becomes due means the first date on which the holder of a Bond or Coupon could claim the relevant payment by transfer to an account under the Conditions, but disregarding the necessity for it to be a business day in any particular place of presentation. The Fiscal Agent shall not be bound to make payment until satisfied that full payment has been received from the Issuer in cleared funds.
Payment to Fiscal Agent. In order to provide for the payment of principal and interest in respect of the Notes as the same becomes due and payable, the Issuer, failing whom the Guarantor, shall pay to the Fiscal Agent on each date on which payment becomes due an amount sufficient to pay in accordance with the Conditions all amounts becoming due in respect of the Notes on such date. The Issuer, failing whom the Guarantor, hereby authorises and directs the Fiscal Agent, from funds so paid to it and/or any other funds then held by the Fiscal Agent and available for the purpose, to make, or cause to be made, payment in accordance with the Conditions on the due date of all amounts required to be paid on that due date in respect of the Notes. In this Clause 5.1 (Payment to Fiscal Agent) the date on which a payment in respect of the Notes becomes due means the first date on which the holder of a Note or Coupon could claim the relevant payment by transfer to an account under the Conditions, but disregarding the necessity for it to be a business day in any particular place of presentation.
Payment to Fiscal Agent. Subject to and in accordance with the Conditions and the procedures described in Schedule 6, the Issuer will, on the Madrid Business Day before each date on which any payment in respect of the Bonds becomes due, transfer to the Fiscal Agent such amount as may be required for the purposes of such payment. The Issuer will confirm to the Fiscal Agent by 10.00 a.m. (local time in the city of the Fiscal Agent’s specified office) on the second Business Day in the city of the Fiscal Agent’s specified office before the due date for any such payment that irrevocable instructions have been issued by it to make such payment. In this Clause 4, the date on which a payment in respect of the Bonds becomes due means the first date on which the holder of a Bond could claim the relevant payment by transfer to an account under the Conditions.
