Payments and other Rights and Duties of the Swiss Sample Clauses

Payments and other Rights and Duties of the Swiss. Paying Agent Payments shall be made by the Issuer to the Swiss Paying Agent in accordance with Clause 9 (Payments to the Fiscal Agent or the Registrar) of the Fiscal Agency Agreement. Any such transfer by the Issuer shall be made in freely disposable Swiss francs, irrespective of any future transfer restrictions which may be applicable at the time of such payments. In the case definitive Notes are printed, the Swiss Paying Agent reserves the right to record redeemed definitive Notes on data carriers and to store them in this way instead of keeping them physically during the period prescribed by law and to destroy them subsequently. This reproduction of definitive Notes will remain in safe-keeping by the Swiss Paying Agent during the statutory limitation period under Swiss law. Any set-off by the Issuer of its payment obligations against any claim of the Issuer against the Swiss Paying Agent shall not be valid payment, unless expressly agreed by the Swiss Paying Agent.
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