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

Payments to the Principal Paying Agent. (a) Issuer to pay the Principal Paying Agent In order to provide for the payment of principal and interest in respect of the Notes, on any day the same becomes due and payable, the Issuer shall, on the day on which such payment becomes so due and payable, pay (as provided below) to the Principal Paying Agent (i) 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 and (ii) Interbolsa fees due and payable by the Issuer with each payment of principal and interest in respect of the services rendered by Interbolsa in relation to such payment. The Principal Paying Agent shall transfer the amounts referred to above to the Portuguese Paying Agent’s, or any other relevant Paying Agent’s, account for purposes of payment to Holders in accordance with Clause 5.3 below.