Common use of Payments to the Principal Paying Agent Clause in Contracts

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.

Appears in 5 contracts

Samples: Agency Agreement, Agency Agreement, Agency Agreement

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