Payments to the Paying Agents. 7.1 Current Issuer to pay the Paying Agents: In order to provide for the payment of interest and principal in respect of the Current Issuer Notes as the same becomes due and payable in accordance with the Current Issuer Conditions and the Current Issuer Trust Deed, the Current Issuer shall pay to the Paying Agents or otherwise cause the Paying Agents to receive on or before the date on which such payment becomes due, an amount which is equal to the amount of principal and interest then falling due in respect of the Current Issuer Notes on such Payment Date.
Appears in 5 contracts
Samples: Issuer Paying Agent and Agent Bank Agreement (Granite Mortgages 04-2 PLC), Issuer Paying Agent and Agent Bank Agreement (Granite Mortgages 03-3 PLC), Issuer Paying Agent and Agent Bank Agreement (Granite Finance Trustees LTD)
Payments to the Paying Agents. 7.1 Current Issuer to pay the Paying Agents: In order to provide for the payment of interest and principal in respect of the Current Issuer Notes as the same becomes due and payable in accordance with the Current Issuer Conditions and the Current Issuer Trust Deed, the Current Issuer shall pay to the Paying Agents or otherwise cause the Paying Agents to receive on or before the date on which such payment becomes due, an amount which is equal to the amount of principal and interest then falling due in respect of the Current Issuer Notes on such Payment Date or Interest Payment Date.
Appears in 1 contract
Samples: Issuer Paying Agent and Agent Bank Agreement (Granite Mortgages 04-1 PLC)
