Payments to the Principal Paying Agent. 6.1 In order to provide for the payment of interest and principal or, as the case may be, any other redemption amount payable in respect of the Notes of each Series as the same shall become due and payable, the Issuer shall pay to the Principal Paying Agent, on or before the date on which such payment becomes due, an amount equal to the amount of immediately payable funds, principal, redemption amount or, as the case may be, interest (including for this purpose any amounts remaining payable in respect of uncancelled Coupons pertaining to Definitive Notes which have been cancelled following their purchase in accordance with the terms and conditions) then becoming due in respect of such Notes.
6.2 Each amount payable by the Issuer under Clause 6.1 shall be paid unconditionally by credit transfer in the currency in which the Notes of the relevant Series are denominated or, if different, payable in immediately available, freely transferable, cleared funds not later than 10.00 a.m. (local time) on the relevant day to such account with such bank as the Principal Paying Agent may by notice to the Issuer have specified for the purpose. The Issuer shall, before 10.00 a.m. (London time) on the second Business Day before the due date of each payment by it under Clause 6.1, confirm to the Principal Paying Agent by providing it with a copy of an irrevocable payment instruction to the bank through which the payment is to be made that it has given instructions for the transfer of the relevant funds to the Principal Paying Agent and the name and the account of the bank through which such payment is being made.
6.3 The Principal Paying Agent shall be entitled to deal with each amount paid to it hereunder in the same manner as other amounts paid to it as a banker by its customers provided that:
(a) it shall not against the Issuer exercise any lien, right of set-off or similar claim in respect thereof; and
(b) it shall not be liable to any person for interest thereon. Furthermore, no monies held by any Paying Agent need to be segregated except where required by law and as a result such money will not be held in accordance with the Client Money Rules.
6.4 All monies paid to the Principal Paying Agent by the Issuer in respect of any Note shall be held by the Principal Paying Agent from the moment when such monies are received until the time of actual payment thereof, subject to Clause 7.9, to apply the same in accordance with Clauses 7.3 and 7.4, and the Principal Paying Agent...
Payments to the Principal Paying Agent. 6.1 SEVENTH ISSUER TO PAY THE PRINCIPAL PAYING AGENT In order to provide for the payment of interest and principal in respect of the Seventh Issuer Notes as the same become due and payable in accordance with the Conditions and the Seventh Issuer Trust Deed, the Seventh Issuer shall pay to the Principal Paying Agent or otherwise cause the Principal Paying Agent to receive an amount which is equal to the amount of principal and interest then falling due in respect of the Seventh Issuer Notes.
Payments to the Principal Paying Agent. 7.1 The Issuer will, no later than 10.00 a.m. (local time in the relevant financial centre of the country of the currency in which the relevant payment falls to be made), on each date on which any payment in respect of any Notes issued by it becomes due, transfer to an account specified by the Principal Paying Agent such amount in the relevant currency as shall be sufficient for the purposes of such payment in funds settled through such payment system as the Principal Paying Agent and the Issuer may agree.
7.2 The Issuer will ensure that no later than 10.00 a.m. (London time) on the second Business Day (as defined below) immediately preceding the date on which any payment is to be made to the Principal Paying Agent pursuant to subclause 7.1, the Principal Paying Agent shall receive a payment confirmation by telex from the paying bank of the Issuer. For the purposes of this clause Business Day means a day which is both:
(a) a day on which commercial banks and foreign exchange markets settle payments in London and any other place specified in the applicable Final Terms as an Additional Business Centre; and
(b) either (i) in relation to a payment to be made in a Specified Currency other than euro, a day on which commercial banks and foreign exchange markets settle payments in the principal financial centre of the country of the relevant Specified Currency (if other than London and any Additional Business Centre) and which, if the Specified Currency is New Zealand Dollars, shall be Auckland or (ii) in relation to a payment to be made in euro, a day on which the TARGET System is open.
7.3 Any funds paid by or by arrangement with the Issuer to the Principal Paying Agent pursuant to subclause 7.1 above shall be held in the relevant account referred to in subclause 7.1 above for application in accordance with clauses 8 and 9, until any Notes or matured Coupons become void under Condition 9. In that event the Principal Paying Agent shall forthwith repay to the Issuer sums equivalent to the amounts which would otherwise have been repayable on the relevant Notes or Coupons.
7.4 The Principal Paying Agent will notify the Issuer, the Trustee and the other Agents forthwith by telex, fax or cable if it has not, by 10.00 a.m. (local time) on the due date for payment of the Notes or any of them or any of the Coupons, received unconditionally the full amount in the Specified Currency, immediately available funds, of the moneys payable on such due date on all such Notes and/...
Payments to the Principal Paying Agent. 6.1 EIGHTH ISSUER TO PAY THE PRINCIPAL PAYING AGENT In order to provide for the payment of interest and principal in respect of the Eighth Issuer Notes as the same become due and payable in accordance with the Conditions and the Eighth Issuer Trust Deed, the Eighth Issuer shall pay to the Principal Paying Agent or otherwise cause the Principal Paying Agent to receive an amount which is equal to the amount of principal and interest then falling due in respect of the Eighth Issuer Notes.
Payments to the Principal Paying Agent. 6.1 Relevant Issuer or the Guarantor (in respect of an issuance by Compass Finance B.V.)
Payments to the Principal Paying Agent. 6.1 Issuer or the Guarantor to pay Principal Paying Agent In order to provide for the payment of principal and interest in respect of the Notes as the same becomes due and payable, the Issuer (failing whom, the Guarantor) shall pay to the Principal Paying Agent, on or before the date on which such payment becomes due (the Due Date), an amount equal to the amount of principal and/or (as the case may be) interest falling due in respect of the Notes on such date.
6.2 Xxxxxx and time of payment Each amount payable by the Issuer or, as the case may be, the Guarantor under Clause 6.1 (Issuer or the Guarantor to pay Principal Paying Agent) shall be paid unconditionally by credit transfer in U.S. dollars in immediately available, freely transferable, cleared funds not later than 10:00 a.m. (Local Time) on the relevant Due Date to such account with such bank as the Principal Paying Agent may from time to time by notice to the Issuer and the Guarantor have specified for the purpose. The Issuer (or, failing whom, the Guarantor) shall, before 10.00
a. m. (Local Time) on the second Local Banking Day before the Due Date of each payment by it under Clause 6.1 (Issuer or the Guarantor to pay Principal Paying Agent), procure that the bank effecting payment for it confirms by authenticated SWIFT message to the Principal Paying Agent the payment instructions relating to such payment.
Payments to the Principal Paying Agent. 6.1 Relevant Issuer or the Guarantor (in respect of an issuance by LSEG Netherlands or LSEGA) to pay Principal Paying Agent
Payments to the Principal Paying Agent. 7.1 Issuer to provide for payment by Gazprom to the relevant Account: In order to provide for the payment of principal, interest and any other amounts (if any) in respect of each Series of Notes as the same become due and payable, the Issuer shall require Gazprom and Gazprom shall undertake pursuant to the relevant Loan Agreement, to cause to be paid to the relevant Account on or before 10.00 a.m. (Relevant Time) on the date which is one Business Day before the day on which such payment becomes due under such Loan (such date, the “Payment Date”), an amount equal to the amount of principal and/or (as the case may be) interest and/or (as the case may be) any other amounts falling due in respect of such Loan on such date. Payment by Gazprom to the relevant Account under and in accordance with this Clause 7.1 shall discharge pro tanto the obligations of the Issuer under the relevant Trust Deed. The Issuer hereby confirms that unless it or, following a Relevant Event (as defined in the Principal Trust Deed), the Trustee notifies the Principal Paying Agent to the contrary, the Principal Paying Agent is authorised to release from the relevant Account as and when necessary such funds as shall satisfy the Issuer’s payment obligations to the Noteholders of each Series under the Conditions.
7.2 Manner, time and pre-advice of payment: Each amount payable under Clause 7.1 shall be paid unconditionally by credit transfer in the Specified Currency and in Same-Day Funds not later than 10.00 a.m. (Relevant Time) one Business Day prior to the Payment Date to the relevant Account.
Payments to the Principal Paying Agent. 4.1 Issuer to pay the Principal Paying Agent
Payments to the Principal Paying Agent. 6.1 Relevant Issuer or Guarantor to pay Principal Paying Agent
