Common use of Reimbursement by Issuer Clause in Contracts

Reimbursement by Issuer. ‌ Subject to Clauses 7.1(a) and 7.1(b) (Payments in respect of the Notes ), if a Paying Agent makes a payment in respect of the Notes on or after the due date for such payment under the Conditions 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 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 Principal Paying Agent) or appropriation under Clause 7.4 (Appropriation by Principal Paying Agent)), the Issuer shall from time to time on demand pay to the Principal Paying Agent for the account of such Paying Agent: (a) the amount so paid out by such Paying Agent and not so reimbursed to it; and (b) an amount sufficient to indemnify such Paying Agent against any cost, loss or expense which it has incurred as a result of making such payment and not receiving reimbursement of such amount, provided that any payment made under this Clause 7.5 shall be deemed to be satisfaction of the obligations of the Issuer under Clause 6.1 (Issuer to pay Principal Paying Agent).

Reimbursement by Issuer. ‌ Subject to Clauses 7.1(a) sub-clauses 7.1.1 and 7.1(b) 7.1.2 of Clause 7.1 (Payments in respect of the Notes by Paying Agents), if a Paying Agent makes a payment in respect of the Notes Bonds on or after the due date for such payment under the Conditions 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 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 Principal Paying Agent) or appropriation under Clause 7.4 (Appropriation by the Principal Paying Agent)), the Issuer shall from time to time on demand pay to the Principal Paying Agent for the account of such Paying Agent: (a) 7.5.1 the amount so paid out by such Paying Agent and not so reimbursed to it; and (b) an 7.5.2 interest on such amount sufficient to indemnify from the date on which such Paying Agent against any cost, loss or expense which it has incurred as a result of making made such payment and not receiving until the date of reimbursement of such amount; provided, provided however, that any payment made under this Clause 7.5 sub-clause 7.5.1 above shall be deemed to be satisfaction of satisfy pro tanto the obligations of the Issuer under Clause 6.1 (Issuer to pay Principal Paying Agent).

Reimbursement by Issuer. ‌ Subject to Clauses 7.1(a) sub-clauses 7.1.1 and 7.1(b) 7.1.2 of Clause 7.1 (Payments in respect of the Notes by Paying Agents), if a Paying Agent makes a payment in respect of the Notes Bonds on or after the due date for such payment under the Conditions 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 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 7.4 (Reimbursement by Principal Paying Agent) or appropriation under Clause 7.4 7.5 (Appropriation by Principal Paying Agent)), the Issuer shall from time to time on demand pay to the Principal Paying Agent for the account of such Paying Agent: (a) 7.6.1 the amount so paid out by such Paying Agent and not so reimbursed to it; andand‌ (b) an 7.6.2 interest on such amount sufficient to indemnify from the date on which such Paying Agent against any cost, loss or expense which it has incurred as a result of making made such payment and not receiving until the date of reimbursement of such amountamount;‌ provided, provided however, that any payment made under this Clause 7.5 sub-clause 7.6.1 above shall be deemed to be satisfaction of satisfy pro tanto the obligations of the Issuer under Clause 6.1 (Issuer to pay Principal Paying Agent).

Reimbursement by Issuer. ‌ Subject to Clauses 7.1(a) and 7.1(bsub-clauses 6.1(a) (Payments in respect of the Notes ), by Paying Agents - Replacements) and 6.1(b) (Payments by Paying Agents - No obligation) if a any Paying Agent makes a payment in respect of the Notes on or after the due date for such payment under the Conditions 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 5.1 (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 5.1 (Issuer to pay Principal Paying Agent) to reimburse such Paying Agent therefor (whether by payment under Clause 7.3 6.3 (Reimbursement by Principal Paying Agent) or appropriation under Clause 7.4 6.4 (Appropriation by Principal Paying Agent)), the Issuer shall from time to time on written demand pay to the Principal Paying Agent for the account of such Paying Agent: (a) Unfunded amount: the amount so paid out by such Paying Agent and not so reimbursed to it; and (b) an Funding cost: interest on such amount sufficient to indemnify from the date on which such Paying Agent against any cost, loss or expense which it has incurred as a result of making made such payment and not receiving until the date of reimbursement of such amount; provided, provided however, that any payment made under this Clause 7.5 sub-clause 6.5(a) (Reimbursement by Issuer - Unfunded amount) shall be deemed to be satisfaction of satisfy pro tanto the Issuer’s obligations of the Issuer under Clause 6.1 5.1 (Issuer to pay Principal Paying Agent).

Reimbursement by Issuer. ‌ Subject to Clauses 7.1(a) sub-clauses 7.1.1 and 7.1(b) 7.1.2 of Clause 7.1 (Payments in respect of the Notes by Paying Agents), if a Paying Agent makes a payment in respect of the Notes Bonds on or after the due date for such payment under the Conditions 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 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 7.4 (Reimbursement by Principal Paying Agent) or appropriation under Clause 7.4 7.5 (Appropriation by Principal Paying Agent)), the Issuer shall from time to time on demand pay to the Principal Paying Agent for the account of such Paying Agent: (a) 7.6.1 the amount so paid out by such Paying Agent and not so reimbursed to it; and (b) an 7.6.2 interest on such amount sufficient to indemnify from the date on which such Paying Agent against any cost, loss or expense which it has incurred as a result of making made such payment and not receiving until the date of reimbursement of such amount; provided, provided however, that any payment made under this Clause 7.5 sub-clause 7.6.1 above shall be deemed to be satisfaction of satisfy pro tanto the obligations of the Issuer under Clause 6.1 (Issuer to pay Principal Paying Agent).

Reimbursement by Issuer. ‌ Subject to Clauses 7.1(asub-clauses 8.1(a) and 7.1(b8.1(b) (Payments in respect of the Notes ), by Paying Agents) if a any Paying Agent makes a payment in respect of the Notes on or after the due date for such payment under the Conditions at a time at which the Principal Issuing and Paying Agent has not received the full amount of the relevant payment due to it under Clause 6.1 7.1 (Issuer Payment to pay Principal the Issuing and Paying Agent) ), and the Principal Issuing and Paying Agent is not able out of the funds received by it under Clause 6.1 7.1 (Issuer Payment to pay Principal the Issuing and Paying Agent) to reimburse such Paying Agent therefor (whether by payment under Clause 7.3 8.3 (Reimbursement by Principal Issuing and Paying Agent) or appropriation under Clause 7.4 8.4 (Appropriation by Principal Issuing and Paying Agent)), the Issuer shall from time to time on demand pay to the Principal Issuing and Paying Agent for the account of such Paying Agent: (a) Unfunded amount: the amount so paid out by such Paying Agent and not so reimbursed to it; and (b) an Funding cost: interest on such amount sufficient to indemnify from the date on which such Paying Agent against any cost, loss or expense which it has incurred as a result of making made such payment and not receiving until the date of reimbursement of such amount which equals the Paying Agents cost of funding; (a) (Unfunded amount, provided that any payment made under this Clause 7.5 ) shall be deemed to be satisfaction of satisfy pro tanto the Issuer’s obligations of the Issuer under Clause 6.1 7.1 (Issuer Payment to pay Principal the Issuing and Paying Agent).

Reimbursement by Issuer. ‌ Subject to Clauses 7.1(a) sub-clauses 7.1.1 and 7.1(b) 7.1.2 (Payments in respect of by the Notes Paying Agents), if a Paying Agent makes a payment in respect of the Notes on or after the due date for such payment under the Conditions 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 the Principal Paying Agent) and the Principal Paying Agent is not able out of funds received by it under Clause 6.1 (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 (Appropriation by the Principal Paying Agent)), the Issuer shall from time to time on demand pay to the Principal Paying Agent for the account of such Paying Agent: (a) 7.5.1 the amount so paid out by such Paying Agent and not so reimbursed to it; and (b) an 7.5.2 interest on such amount sufficient to indemnify from the date on which such Paying Agent against any cost, loss or expense which it has incurred as a result of making made such payment and not receiving until the date of reimbursement of such amount; provided, provided however, that any payment made under this Clause 7.5 sub-clause 7.5.1 above shall be deemed to be satisfaction of satisfy pro tanto the obligations of the Issuer under Clause 6.1 (Issuer to pay the Principal Paying Agent).