Common use of REPAYMENT BY FISCAL AGENT Clause in Contracts

REPAYMENT BY FISCAL AGENT. Sums paid by or by arrangement with the Issuer or the Guarantor to the Fiscal Agent pursuant to the terms of this Agreement shall not be required to be repaid to the Issuer or the Guarantor unless and until any Capital Security becomes void under the provisions of Condition 11 but in that event the Fiscal Agent shall forthwith repay to the Issuer or, if so directed by the Issuer, to the Guarantor sums equivalent to the amounts which would otherwise have been payable in respect of the relevant Capital Security.

REPAYMENT BY FISCAL AGENT. Sums paid by or by arrangement with the Issuer or the Guarantor to the Fiscal Agent pursuant to the terms of this Agreement shall not be required to be repaid to the Issuer or the Guarantor unless and until any Capital Security becomes void under the provisions of Condition 11 13 (Prescription) but in that event the Fiscal Agent shall forthwith repay to the Issuer or, if so directed by the Issuer, to the Guarantor sums equivalent to the amounts which would otherwise have been payable in respect of the relevant Capital Security.

REPAYMENT BY FISCAL AGENT. Sums paid by or by arrangement with the Issuer or the Guarantor to the Fiscal Agent pursuant to the terms of this Agreement shall not be required to be repaid to the Issuer or the Guarantor unless and until any Capital Security becomes void under the provisions of Condition 11 13 but in that event the Fiscal Agent shall forthwith as soon as reasonably practicable repay to the Issuer or, if so directed by the Issuer, to the Guarantor sums equivalent to the amounts which would otherwise have been payable in respect of the relevant Capital Security.