Common use of Payments by Paying Agents Clause in Contracts

Payments by Paying Agents. The Principal Paying Agent or each other Paying Agent acting through its respective Specified Office shall make payments of interest or, as the case may be, principal in respect of Notes in accordance with the Conditions applicable thereto (and, in the case of a Temporary Global Note, a Permanent Global Note or a Global Note Certificate, the terms thereof) provided, however, that: 7.1.1 Replacements: if any Temporary Global Note, Permanent Global Note, Definitive Note, Coupon, Global Note Certificate or Individual Note Certificate is presented or surrendered for payment to any Paying Agent and such Paying Agent has delivered a replacement therefor or has been notified that the same has been replaced, such Paying Agent shall forthwith notify the Relevant Issuer and the Guarantor (in respect of an issuance by Compass Finance B.V.) of such presentation or surrender and shall not make payment against the same until it is so instructed by the Relevant Issuer and/or the Guarantor and has received the amount to be so paid;

Appears in 3 contracts

Samples: Issue and Paying Agency Agreement, Issue and Paying Agency Agreement, Issue and Paying Agency Agreement

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Payments by Paying Agents. The Principal Paying Fiscal Agent or each other Paying Agent acting through its respective Specified Office shall make payments of interest or, as the case may be, principal in respect of Notes in accordance with the Conditions applicable thereto (and, in the case of a Temporary Global Note, a Permanent Global Note Note, or a Global Note CertificateRegistered Note, the terms thereof) provided, however, that: 7.1.1 (a) Replacements: if any Temporary Global Note, Permanent Global Note, Definitive Note, Coupon, Global Registered Note Certificate or Individual Note Certificate is presented or surrendered for payment to any Paying Agent and such Paying Agent has delivered a replacement therefor or has been notified that the same has been replaced, such Paying Agent shall forthwith notify the Relevant Issuer and the Guarantor (in respect of an issuance by Compass where the Relevant Issuer is CBQ Finance B.V.Limited) of such presentation or surrender and shall not make payment against the same until it is so instructed by the Relevant Issuer and/or or, as the case may be, the Guarantor (where the Relevant Issuer is CBQ Finance Limited) and has received the amount to be so paid;

Appears in 2 contracts

Samples: Issue and Paying Agency Agreement, Issue and Paying Agency Agreement

Payments by Paying Agents. The Principal Issuing and Paying Agent or each other Paying Agent acting through its respective Specified Office shall make payments of interest or, as the case may be, principal in respect of Notes in accordance with the Conditions applicable thereto (and, in the case of a Temporary Global Note, a Permanent Global Note Note, or a Global Note CertificateRegistered Note, the terms thereof) provided, however, that: 7.1.1 (a) Replacements: if any Temporary Global Note, Permanent Global Note, Definitive Note, Coupon, Global Registered Note Certificate or Individual Note Certificate is presented or surrendered for payment to any Paying Agent and such Paying Agent has delivered a replacement therefor or has been notified that the same has been replaced, such Paying Agent shall forthwith notify the Relevant Issuer and the Guarantor (in respect of an issuance by Compass Finance B.V.) of such presentation or surrender and shall not make payment against the same until it is so instructed by the Relevant Issuer and/or the Guarantor and has received the amount to be so paid;

Appears in 1 contract

Samples: Agency Agreement

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Payments by Paying Agents. The Principal Paying Fiscal Agent or each other Paying Agent acting through its respective Specified Office shall make payments of interest or, as the case may be, principal in respect of Notes in accordance with the Conditions applicable thereto (and, in the case of a Temporary Global Note, a Permanent Global Note Note, or a Global Note CertificateRegistered Note, the terms thereof) provided, however, that: 7.1.1 (a) Replacements: if any Temporary Global Note, Permanent Global Note, Definitive Note, Coupon, Global Registered Note Certificate or Individual Note Certificate is presented or surrendered for payment to any Paying Agent and such Paying Agent has delivered a replacement therefor or has been notified that the same has been replaced, such Paying Agent shall forthwith notify the Relevant Issuer and the Guarantor (in respect of an issuance by Compass Finance B.V.) of such presentation or surrender and shall not make payment against the same until it is so instructed by the Relevant Issuer and/or or, as the case may be, the Guarantor and has received the amount to be so paid;

Appears in 1 contract

Samples: Issue and Paying Agency Agreement

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