PAYMENTS TO THE NEW YORK PAYING AGENT. 6.1 ISSUER TO PAY NEW YORK PAYING AGENT In order to provide for the payment of interest and principal in respect of the Notes as the same becomes due and payable, the Issuer shall pay to the New York Paying Agent or otherwise cause it to receive on or before the date on which such payment becomes due, an amount which is equal to the amount of principal or interest then falling due in respect of the Notes on such date.
Appears in 5 contracts
Samples: Paying Agency and Agent Bank Agreement (Gracechurch Receivables Trustee LTD), Paying Agency and Agent Bank Agreement (Barclaycard Funding PLC), Paying Agency and Agent Bank Agreement (Gracechurch Receivables Trustee LTD)
