Payments and Paying Agents. (a) Principal of and interest on the Bonds will be payable in U.S. dollars. Principal of each Bond and interest payable on the Maturity Date will be payable in U.S. dollars in immediately available funds to the person in whose name such Xxxx is registered on the Maturity Date, upon presentation and surrender of the Bond at the corporate trust office of the Fiscal Agent in The City of New York or, subject to applicable laws and regulations, at the office of any paying agent. Interest on each Bond (other than interest payable on the Maturity Date) will be payable to the person in whose name such Xxxx is registered at the close of business on the Record Date (as defined below) for the relevant Payment Date. Peru will make payments of principal and interest on the Bonds by providing the Fiscal Agent the amount of such payment, in U.S. dollars in immediately available funds, on or before the Payment Date, and directing the Fiscal Agent to make a wire transfer of such amount in U.S. dollars to DTC or its nominee as the registered owner of the Bonds, which will receive the funds for distribution to the beneficial owners of the Bonds; provided that Peru may, subject to applicable laws and regulations, make payments of principal and interest on the Bonds by mailing, or directing the Fiscal Agent to mail, from funds made available by Peru for such purpose, a check to the person entitled thereto, on or before the due date for the payment at the address that appears on the security register maintained by the Fiscal Agent on the applicable Record Date. The Record Date with respect to any Payment Date will be the 15th day prior to such Payment Date (each such day, a “Record Date”), whether or not such day is a Business Day. None of Peru, the Fiscal Agent nor any paying agent will have any responsibility or liability for any aspect of the records relating to, or payments made on account of, beneficial ownership interests in the Bonds or for maintaining, supervising or reviewing any records relating to such beneficial ownership interests.
Payments and Paying Agents. (a) The Issuer will, at least one Business Day prior to each due date of the principal of or interest on the Notes or other amounts (including Additional Amounts), deposit with the Trustee a sum sufficient to pay such principal, interest or other amounts (including Additional Amounts) so becoming due.
Payments and Paying Agents. The Company will, prior to 10:00 a.m., New York City time, on the Business Day preceding any date of payment of the principal of (or premium, if any) or interest on Securities of any series, deposit with the Trustee a sum sufficient to pay such principal (or premium, if any) or interest so due on that date of payment. Whenever the Company shall appoint a Paying Agent other than the Trustee with respect to Securities of any series, it will cause such Paying Agent to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.06:
Payments and Paying Agents. IRSA PC will, on or before 10:00 AM (New York City time) at least one (1) Business Day prior to each Payment Date deposit with the Trustee a sum sufficient to pay such principal, premium or interest (including Additional Amounts) so becoming due. IRSA PC shall request that the bank through which any such payment is to be made agrees to supply to the Trustee two (2) Business Days prior to the due date for any such payment an irrevocable confirmation (by tested telex or authenticated SWIFT) of its intention to make such payment.
Payments and Paying Agents. (a) IRSA will, on or before 10:00 AM (New York City time) at least one (1) Business Day prior to each due date of the principal or premium or interest on any Securities (including Additional Amounts), deposit with the Trustee a sum sufficient to pay such principal, premium or interest (including Additional Amounts) so becoming due. IRSA shall request that the bank through which any such payment is to be made agree to supply to the Trustee two (2) Business Days prior to the due date for any such payment an irrevocable confirmation (by tested telex or authenticated SWIFT) of its intention to make such payment.
Payments and Paying Agents. (1) Payments in respect of Notes and Coupons will be made against presentation and surrender of Notes or, as the case may be, Coupons only at the specified offices of the Paying Agents or at the offices of such other paying agents outside the United States as the Issuer may appoint from time to time. Such payments will be made in U.S. dollars, at the direction of the holder of any Note or Coupon, and subject to applicable laws and regulations, by a U.S. dollar check drawn on or by credit or transfer to a U.S. dollar denominated account (or any other account to which U.S. dollars may be credited or transferred) maintained by the holder with a bank located outside the United States and its territories and possessions. No payment on the Notes will be made by mail to an address in the United States or its possessions or by transfer to an account maintained by the holder in the United States or its possessions. The Issuer, with the approval of the Fiscal Agent, may at any time vary or terminate the appointment of any Paying Agent or appoint additional or other paying agents outside the United States or approve any change in the office through which any Paying Agent acts, PROVIDED that, (a) so long as any Note remains outstanding and the Notes are listed on the Luxembourg Stock Exchange and the rules of that exchange so require, a paying agent will be maintained in Luxembourg and (b) if the conclusions of the ECOFIN Council meeting of 26th-27th November 2000 are implemented, so far as is reasonably possible, a paying agent will be maintained in a member state of the European Union (the "EU") that will not be obliged to withhold or deduct tax pursuant to any EU directive on the taxation of savings implementing such conclusions, in each case for payments on Notes and Coupons. Any variation, termination, appointment or removal shall take effect (other than in the case of insolvency, when it shall be of immediate effect) after not more than 45 nor less than 30 days' prior notice thereof shall have been given to the Noteholders as described in Condition 15 below. The initial paying agents and their initial specified offices are as follows: PRINCIPAL PAYING AGENT JPMorgan Chase Bank Trinity Tower 9 Xxxxxx Xxxx Street London E1W 1YT X-0-0
Payments and Paying Agents. Payments of principal and interest, if any, payable at maturity or upon redemption in respect of Registered Notes will be made in the currency in which such Notes are denominated (subject to Condition 6) by check drawn on, or, to the extent permitted by this Condition 8, by wire transfer to an account maintained by the Holder with, a bank in the principal financial center of the country issuing the relevant currency against presentation and surrender of such Note at the specified office of any of the Paying Agents. Payments of interest in respect of Registered Notes (other than interest payable at maturity or upon redemption) will be made to the persons shown on the Register at the close of business on the Record Date. Payments of interest in respect of each Registered Note will be made in the currency in which the Notes are denominated (subject to Condition 6) by check drawn on a bank in the principal financial center of the country issuing the relevant currency and mailed to the Holder (or to the first named of joint holders) of such Note at such Holder's address appearing in the Register maintained by the Registrar. Upon written application by any Holder of at least US$1,000,000 principal amount of Registered Notes (or in the case of Registered Notes not denominated in US$ dollars, the US$ dollar equivalent thereof rounded to the nearest 1,000 units of such currency as at the payment date) to the specified office of the Trustee, with appropriate wire transfer instructions, not later than the Record Date immediately preceding the relevant payment date, such payment of interest may be made in the currency in which the Notes are denominated (subject to Condition 6) by wire transfer to an account maintained by the Holder with a bank in the principal financial center of the country issuing the relevant currency. Except in the case of Notes denominated in a Specified Currency other than US$ dollars where the beneficial holder thereof has elected to receive payment in such Specified Currency, payments of principal and interest, if any, in respect of a Registered Global Note shall be made to DTC or its nominee as the registered Holder of such Note. Payments of principal and interest, if any, in respect of a Temporary or Permanent Global Note shall be made by the Trustee to a common depositary for Euroclear and Cedel, but in the case of a Temporary Global Note only upon receipt by the Trustee of written certification as to the non-US$ beneficial ownership thereo...
Payments and Paying Agents. (a) Principal of and interest on the Debt Securities will be payable in U.S. dollars. Principal of each Debt Security and interest payable on the Maturity Date will be payable in U.S. dollars in immediately available funds to the person in whose name such Debt Security is registered on the Maturity Date, upon presentation and surrender of the Debt Security at the Corporate Trust Office of the Trustee in the City of New York or, subject to applicable laws and regulations, at the office of any paying agent that shall be appointed by the Province on behalf of the Trustee (each, a “Paying Agent”). Principal and interest on each Debt Security (other than principal and interest payable on the Maturity Date) will be payable to the person in whose name such Debt Security is registered at the close of business on the Record Date (as defined below) for the relevant Payment Date. The Province will make payments of principal of and interest on the Debt Securities by providing the Trustee or Paying Agent the amount of such payment, in U.S. dollars in immediately available funds, no later than 10:00 A.M. local time on the Business Day prior to the Payment Date, and directing the Trustee to hold these funds in trust for the Trustee and the beneficial owners of the Debt Securities in accordance with their respective interests and to make a wire transfer of such amount in U.S. dollars to Cede & Co. as the registered owner of the Debt Securities, which will receive the funds in trust for distribution to the beneficial owners of the Debt Securities; provided that the Province may, if required by applicable laws and regulations, make payments of principal of and interest on the Debt Securities by mailing, or directing the Trustee to mail, from funds made available by the Province for such purpose, a check to the person entitled thereto, on or before the due date for the payment at the address that appears on the security register maintained by the Registrar on the applicable record date. The record date with respect to any Payment Date will be the second calendar day prior to such date (each such day, a “Record Date”), if such day is not a Business Day the Record Date shall be the prior Business Day notwithstanding the cancellation of such Debt Securities upon any transfer or exchange thereof subsequent to the Record Date and prior to such Payment Date. Notwithstanding anything herein to the contrary, the Province’s obligation to make payments of principal of and interest on ...
Payments and Paying Agents. The Company will, prior to 3:00 p.m. New York City time, on the Business Day preceding any payment date of the principal of or interest on any series of Securities or other amounts (including Additional Amounts), deposit with the Trustee a sum sufficient to pay such principal, interest or other amounts (including Additional Amounts) so becoming due. Whenever the Company shall appoint a Paying Agent other than the Trustee with respect to any series of Securities, it will cause such Paying Agent to execute and deliver to the Trustee an instrument in which such agent shall agree with the Trustee, subject to the provisions of this Section:
Payments and Paying Agents. (a) Unless the holder of a beneficial interest in the Bonds who holds such beneficial interest through a DTC direct participant (the “DTC Holder”) has elected to receive payments in euro as described in Section 2(b) below, payment in respect hereof shall be made in U.S. dollars based upon the bid quotation of one of at least three foreign exchange dealers selected by JPMorgan Chase Bank, as Exchange Rate Agent, and agreed to by Peru, which will yield the greatest number of U.S. dollars upon conversion from euro, at approximately 11:00 a.m., Central European (Frankfurt) time, on the Business Day preceding the applicable Payment Date for the purchase of U.S. dollars with euro for settlement on the applicable Payment Date in an amount equal to the aggregate amount of euro payable to all DTC Holders receiving U.S. dollar payments on such Payment Date. If fewer than three bid quotations are available at the time a determination is to be made by the Exchange Rate Agent, the Exchange Rate Agent shall, on the Business Day preceding the applicable Payment Date, notify Peru and the Fiscal Agent of the noon buying rate in New York City for cable transfers in euro, as certified for customs purposes by the Federal Reserve Bank of New York. The Exchange Rate Agent will exchange the payments received from Peru in euro for U.S. dollars and will transmit the U.S. dollars received upon exchange from the euro (less the applicable currency exchange costs) to the Fiscal Agent or in accordance with the instructions of the Fiscal Agent, who will pay such amounts to DTC, or its nominee, as registered holder of the Bonds. All currency exchange costs will be borne by the DTC Holder hereof, by deduction from such payments. In the absence of manifest error, all determinations by the Exchange Rate Agent shall be conclusive for all purposes and binding on Peru and the DTC Holders of the Bonds.
