Common use of Registrar, Paying Agent and Depositary Clause in Contracts

Registrar, Paying Agent and Depositary. (a) Each of the Issuers will maintain an office or agency in the Borough of Manhattan, The City of New York, where Securities issued by it may be presented for registration of transfer or for exchange ("Registrar") and an office or agency where Securities may be presented and surrendered for payment ("Paying Agent"). The Registrar shall keep a register of the Securities issued by each Issuer ("Registry") and of their transfer and exchange. The Applicable Issuer may appoint one or more co-registrars and one or more additional paying agents for the Securities of each Series issued by it. The term "Registrar" includes any co-registrar and the term "Paying Agent" includes any additional paying agent. The Applicable Issuer may change any Paying Agent or Registrar with respect to the Securities of any Series that it issues without notice to any Holder. That Issuer shall notify the Trustee in writing of the name and address of any Agent not a party to this Indenture. If an Applicable Issuer fails to appoint or maintain another entity as Registrar or Paying Agent for the affected Series of Securities, the Trustee shall act as that Registrar or Paying Agent, as the case may be. The Applicable Issuer or any of its Subsidiaries may act as Paying Agent or Registrar.

Registrar, Paying Agent and Depositary. (a) Each of the Issuers The Company will maintain an office or agency in the Borough of Manhattan, The City of New York, where Securities issued by it may be presented for registration of transfer or for exchange ("Registrar") and an office or agency where Securities may be presented and surrendered for payment ("Paying Agent"). The Registrar shall keep a register of the Securities issued by each Issuer the Company ("Registry") and of their transfer and exchange. The Applicable Issuer Company may appoint one or more co-registrars and one or more additional paying agents for the Securities of each Series issued by it. The term "Registrar" includes any co-registrar registrar, and the term "Paying Agent" includes any additional paying agent. The Applicable Issuer Company may change any Paying Agent or Registrar with respect to the Securities of any Series that it issues without notice to any Holder. That Issuer The Company shall notify the Trustee in writing of the name and address of any Agent not a party to this Indenture. If an Applicable Issuer the Company fails to appoint or maintain another entity as Registrar or Paying Agent for the affected Series of Securities, the Trustee shall act as that Registrar or Paying Agent, as the case may be. The Applicable Issuer Company or any of its Subsidiaries may act as Paying Agent or Registrar.