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

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.

Appears in 2 contracts

Samples: Eighth Issuer Paying Agent and Agent Bank Agreement (Permanent Mortgages Trustee LTD), Eighth Issuer Paying Agent and Agent Bank Agreement (Permanent Financing (No. 8) PLC)

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Payments to the Principal Paying Agent. 6.1 EIGHTH NINTH ISSUER TO PAY THE PRINCIPAL PAYING AGENT In order to provide for the payment of interest and principal in respect of the Eighth Ninth Issuer Notes as the same become due and payable in accordance with the Conditions and the Eighth Ninth Issuer Trust Deed, the Eighth Ninth 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 Ninth Issuer Notes.

Appears in 2 contracts

Samples: Ninth Issuer Paying Agent and Agent Bank Agreement (HOLMES FINANCING (No. 9) PLC), Ninth Issuer Paying Agent and Agent Bank Agreement (HOLMES FINANCING (No. 9) PLC)

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