Common use of Payments subject to fiscal laws Clause in Contracts

Payments subject to fiscal laws. PAYMENTS ON GLOBAL NOTES All payments are subject in all cases to any applicable fiscal or other laws, regulations and directives, but without prejudice to the provisions of Condition 9. No commission or expenses shall be charged to the Holders in respect of such payments. Payments of principal (or Redemption Amounts) and interest (or Interest Amounts) in respect of the Notes when represented by a Permanent Global Note will be made against presentation and surrender or, as the case may be, presentation of the Permanent Global Note at the specified office of the Principal Paying Agent in London, or any non-UK Paying Agent specified in the Applicable Supplement subject in all cases to any fiscal or other laws, regulations and directives applicable in the place of payment to the Principal Paying Agent or the bearer of the Permanent Global Note. A record of each payment so made will be endorsed on the schedule to the Permanent Global Note by or on behalf of the Principal Paying Agent which endorsement shall be prima facie evidence that such payment has been made.