Common use of Payment to the Fiscal Agent Clause in Contracts

Payment to the Fiscal Agent. The Issuer shall, 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. 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.

Appears in 2 contracts

Samples: Agency Agreement, Agency Agreement

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Payment to the Fiscal Agent. The Issuer shall, 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 paymentpayment by 10:00 a.m. (local time in the city of the Fiscal Agent’s specified office). 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.

Appears in 1 contract

Samples: Agency Agreement

Payment to the Fiscal Agent. The Issuer shall, 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. 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 Note, Receipt 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.

Appears in 1 contract

Samples: Agency Agreement

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Payment to the Fiscal Agent. The Issuer shall, on each date on which any payment in respect of the Notes becomes due, transfer to the Fiscal Agent no later than the Payment Time 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 Notes becomes due means the first date on which the holder of a Note Note, Receipt 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.

Appears in 1 contract

Samples: Agency Agreement

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