Common use of Payment to the Principal Paying Agent Clause in Contracts

Payment to the Principal Paying Agent. 4.1 The Issuer or, failing the Issuer, the Guarantor shall, by no later than 10.00 a.m. (London time) on the day on which any payment of principal, premium or interest in respect of any of the Notes becomes due under the Conditions, transfer to an account specified by the Principal Paying Agent such amount of Pounds Sterling as shall be sufficient for the purposes of the payment of principal, premium and/or interest in immediately available funds.

Appears in 2 contracts

Samples: Paying Agency Agreement, Paying Agency Agreement

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Payment to the Principal Paying Agent. 4.1 The Issuer or, failing the Issuer, the Guarantor shall, by no later than 10.00 a.m. midday (London time) on the day on which any payment of principal, premium or interest in respect of any of the Notes becomes due under the Conditions, transfer to an account specified by the Principal Paying Agent such amount of Pounds Sterling as shall be sufficient for the purposes of the relevant payment of principal, premium and/or interest in immediately available funds.

Appears in 1 contract

Samples: Paying Agency Agreement

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Payment to the Principal Paying Agent. 4.1 The Issuer or, failing the Issuer, the Guarantor shall, by no later than 10.00 a.m. (London time) on one Business Day prior to the day on which any payment of principal, premium or interest in respect of any of the Notes Securities becomes due under the Conditions, transfer to an account specified by the Principal Paying Agent such amount of Pounds Sterling euro as shall be sufficient for the purposes of the payment of principal, premium and/or interest in immediately available funds.

Appears in 1 contract

Samples: Paying Agency Agreement

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