Common use of Xxxxxx and time of payment Clause in Contracts

Xxxxxx and time of payment. Each amount payable by the Issuer under Clause 7.1 (Issuer to pay Fiscal Agent) shall be paid unconditionally by credit transfer in the currency in which the Covered Bonds of the relevant Series are denominated or, if different, payable and in immediately available, freely transferable, cleared funds not later than 10.00 a.m. (Local Time) on the relevant day to such account with such bank as the Fiscal Agent may from time to time by notice to the Issuer have specified for the purpose. The Issuer shall, before 3.00 p.m. (Local Time) on the Second Local Banking Day before the due date of each payment by it under Clause 7.1 (Issuer to pay the Fiscal Agent), procure that the bank effecting payment for it confirms by authenticated SWIFT message to the Fiscal Agent the payment instructions relating to such payment.

Xxxxxx and time of payment. Each amount payable by the Issuer under Clause 7.1 (Issuer to pay Fiscal Agent) shall be paid unconditionally by credit transfer in the currency in which the Covered Bonds Notes of the relevant Series are denominated or, if different, payable and in immediately available, freely transferable, cleared funds not later than 10.00 a.m. (Local Time) on the relevant day to such account with such bank as the Fiscal Agent may from time to time by notice to the Issuer have specified for the purpose. The Issuer shall, shall before 3.00 p.m. 10.00 a.m. (Local Time) on the Second second Local Banking Day before the due date of each payment by it under Clause 7.1 (Issuer to pay the Fiscal Agent), procure that the bank effecting payment for it confirms by tested telex or authenticated SWIFT message to the Fiscal Agent the payment instructions relating to such payment.

Xxxxxx and time of payment. ‌ Each amount payable by the Issuer under Clause 7.1 6.1 (Issuer to pay Fiscal Agent) shall be paid unconditionally by credit transfer in the currency in which the Covered Bonds Notes of the relevant Series are denominated or, if different, payable and in immediately available, freely transferable, cleared funds not later than 10.00 a.m. (Local Time) on the relevant day to such account with such bank as the Fiscal Agent may from time to time by notice to the Issuer have specified for the purpose. The Issuer shall, before 3.00 p.m. 10.00 a.m. (Local Time) on the Second second Local Banking Day before the due date of each payment by it under Clause 7.1 6.1 (Issuer to pay the Fiscal Agent), procure that the bank effecting payment for it confirms by fax, authenticated SWIFT message (MT103) or any other kind of message substituting the SWIFT message (MT103) to the Fiscal Agent the payment instructions relating to such payment.

Xxxxxx and time of payment. Each amount payable by the Issuer under Clause 7.1 (Issuer to pay Fiscal Agent) shall be paid unconditionally by credit transfer in the currency in which the Covered Bonds Notes of the relevant Series are denominated or, if different, payable and in immediately available, freely transferable, cleared funds not later than 10.00 a.m. (Local Time) on the relevant day to such account with such bank as the Fiscal Agent may from time to time by notice to the Issuer have has specified for the purpose. The Issuer shall, before 3.00 p.m. 10.00 a.m. (Local Time) on the Second second Local Banking Day before the due date of each payment by it under Clause 7.1 (Issuer to pay the Fiscal Agent), procure that the bank effecting payment for it confirms by authenticated SWIFT message to the Fiscal Agent the payment instructions relating to such payment.

Xxxxxx and time of payment. Each amount payable by the Issuer under Clause 7.1 (Issuer to pay Fiscal Agent) shall be paid unconditionally by credit transfer in the currency in which the Covered Bonds Notes of the relevant Series are denominated or, if different, payable and in immediately available, freely transferable, cleared funds not later than 10.00 a.m. (Local Time) on the relevant day to such account with such bank as the Fiscal Agent may from time to time by notice to the Issuer have specified for the purpose. The Issuer or shall, before 3.00 p.m. 10.00 a.m. (Local Time) on the Second second Local Banking Day before the due date of each payment by it under Clause 7.1 (Issuer to pay the Fiscal Agent), procure that the bank effecting payment for it confirms by tested telex or authenticated SWIFT message to the Fiscal Agent the payment instructions relating to such payment.

Xxxxxx and time of payment. Each amount payable by the Issuer under Clause 7.1 (Issuer to pay Fiscal Agent) shall be paid unconditionally by credit transfer in the currency in which the Covered Bonds Notes of the relevant Series are denominated or, if different, payable and in immediately available, freely transferable, cleared funds not later than 10.00 a.m. (Local Time) on the relevant day to such account with such bank as the Fiscal Agent may from time to time by notice to the Issuer have specified for the purpose. The Issuer or shall, before 3.00 p.m. noon (Local Time) on the Second Local Banking Day immediately before the due date of each payment by it under Clause 7.1 (Issuer to pay the Fiscal Agent), procure that the bank effecting payment for it confirms by tested telex or authenticated SWIFT message to the Fiscal Agent the payment instructions relating to such payment.