Common use of Reimbursement by Issuer Clause in Contracts

Reimbursement by Issuer. Subject to Clause 7.1 (Payments by Paying Agents) if any Paying Agent makes a payment in respect of Notes at a time at which the Principal Paying Agent has not received the full amount of the relevant payment due to it under Clause 6.1 (Issuer to pay Principal Paying Agent), and the Principal Paying Agent is not able out of the funds received by it under Clause 6.1 (Issuer to pay Principal Paying Agent) to reimburse such Paying Agent therefor (whether by payment under Clause 7.3 (Reimbursement by the Principal Paying Agent) or appropriation under Clause 7.4 (Appropriation by the 7.5.1 Unfunded amount: the amount so paid out by such Paying Agent and not so reimbursed to it; and‌ 7.5.2 Funding cost: interest on such amount from the date on which such Paying Agent made such payment until the date of reimbursement of such amount/an amount sufficient to indemnify such Paying Agent against any cost, loss or expense which it incurs as a result of making such payment and not receiving reimbursement of such amount; provided, however, that any payment made under sub-clause 7.5.1 (Reimbursement by Issuer - Unfunded amount) shall satisfy pro tanto the Issuer's obligations under Clause 6.1 (Issuer to pay Principal Paying Agent).

Reimbursement by Issuer. Subject to Clause 7.1 (Payments by Paying Agents) if If any Paying Agent makes a payment in respect of the Notes at a any time at which the Principal relevant Paying Agent has not received the full amount of the relevant payment due to it under Clause 6.1 7.1 (Issuer to pay the Principal Paying Agent), ) and the Principal that Paying Agent is not able out of the funds received by it under Clause 6.1 7.1 (Issuer to pay the Principal Paying Agent) to reimburse such Paying Agent therefor (whether by payment under Clause 7.3 (Reimbursement by the Principal Paying Agent) or appropriation under Clause 7.4 Xxxxxx 8.4 (Appropriation by thePaying Agent), the Issuer shall from time to time on written demand pay to that Paying Agent for the account of such Paying Agent: 7.5.1 Unfunded amount: 8.5.1 the amount so paid out by such Paying Agent and not so reimbursed to it; and‌and 7.5.2 Funding cost: 8.5.2 interest on such amount from the date on which such Paying Agent made such payment until the date of reimbursement of such amount/an amount sufficient to indemnify such Paying Agent against any cost, loss or expense which it incurs as a result of making such payment and not receiving reimbursement of such amount; provided, however, that any payment made under sub-clause 7.5.1 paragraph (Reimbursement by Issuer - Unfunded amounta) above shall satisfy pro tanto the Issuer's obligations under Clause 6.1 7.1 (Issuer to pay the Principal Paying Agent)) and provided, further, that interest shall accrue for the purpose of paragraph (b) (as well after as before judgment) on the basis of a year of 365 days and the actual number of days elapsed and at a rate per annum specified by the Paying Agents as reflecting its cost of funds for the time being in relation to the unpaid amount.

Reimbursement by Issuer. Subject to Clause 7.1 (Payments by Paying Agents) if If any Paying Agent makes a payment in respect of the Notes at a any time at which the Principal relevant Paying Agent has not received the full amount of the relevant payment due to it under Clause 6.1 Clause 7.1 (Issuer to pay the Principal Paying Agent), ) and the Principal that Paying Agent is not able out of the funds received by it under Clause 6.1 7.1 (Issuer to pay the Principal Paying Agent) to reimburse such Paying Agent therefor (whether by payment under Clause 7.3 (Reimbursement by the Principal Paying Agent) or appropriation under Clause 7.4 8.4 (Appropriation by thePaying Agent), the Issuer shall from time to time on written demand pay to that Paying Agent for account of such Paying Agent: 7.5.1 Unfunded amount: (a) the amount so paid out by such Paying Agent and not so reimbursed to it; and‌and 7.5.2 Funding cost: (b) interest on such amount from the date on which such Paying Agent made such payment until the date of reimbursement of such amount/an amount sufficient to indemnify such Paying Agent against any cost, loss or expense which it incurs as a result of making such payment and not receiving reimbursement of such amount; provided, however, that any payment made under sub-clause 7.5.1 paragraph (Reimbursement by Issuer - Unfunded amounta) above shall satisfy pro tanto the Issuer's obligations under Clause 6.1 7.1 (Issuer to pay the Principal Paying Agent)) and provided, further, that interest shall accrue for the purpose of paragraph (b) (as well after as before judgment) on the basis of a year of 365 days and the actual number of days elapsed and at a rate per annum specified by the Paying Agents as reflecting its cost of funds for the time being in relation to the unpaid amount.

Reimbursement by Issuer. Subject to Clause 7.1 (Payments by Paying Agents) if If any Paying Agent makes a payment in respect of the Notes at a any time at which the Principal relevant Paying Agent has not received the full amount of the relevant payment due to it under Clause 6.1 7.1 (Issuer to pay the Principal Paying Agent), ) and the Principal that Paying Agent is not able out of the funds received by it under Clause 6.1 7.1 (Issuer to pay the Principal Paying Agent) to reimburse such Paying Agent therefor (whether by payment under Clause 7.3 (Reimbursement by the Principal Paying Agent) or appropriation under Clause 7.4 8.4 (Appropriation by thePaying Agent), the Issuer shall from time to time on written demand pay to that Paying Agent for the account of such Paying Agent: 7.5.1 Unfunded amount: 8.5.1 the amount so paid out by such Paying Agent and not so reimbursed to it; and‌and 7.5.2 Funding cost: 8.5.2 interest on such amount from the date on which such Paying Agent made such payment until the date of reimbursement of such amount/an amount sufficient to indemnify such Paying Agent against any cost, loss or expense which it incurs as a result of making such payment and not receiving reimbursement of such amount; provided, however, that any payment made under sub-clause 7.5.1 paragraph (Reimbursement by Issuer - Unfunded amounta) above shall satisfy pro tanto the Issuer's obligations under Clause 6.1 7.1 (Issuer to pay the Principal Paying Agent)) and provided, further, that interest shall accrue for the purpose of paragraph (b) (as well after as before judgment) on the basis of a year of 365 days and the actual number of days elapsed and at a rate per annum specified by the Paying Agents as reflecting its cost of funds for the time being in relation to the unpaid amount.