Common use of Xxxxxx and time of payment Clause in Contracts

Xxxxxx and time of payment. Each amount payable under Clause 6.1 (Payments to the Fiscal Agent - Issuer or Guarantor to pay Fiscal Agent) shall be paid unconditionally by credit transfer in euro and in same day, freely transferable, cleared funds not later than 10.00 a.m. (London 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 and the Guarantor specify for such purpose. The Issuer or (as the case may be) the Guarantor shall, before 10.00 a.m. (Local Time) on the second Local Banking Day before the due date of each payment by it under Clause 6.1 (Payments to the Fiscal Agent - Issuer or Guarantor to pay Fiscal Agent), confirm to the Paying Agent the amount of such payment, in respect of what such payment will be made and the name of the bank to which such payment is being made.

Xxxxxx and time of payment. Each amount payable by the Issuer under Clause 6.1 7.1 (Payments to the Fiscal Agent - Issuer or Guarantor to pay Fiscal Agent) shall be paid unconditionally by credit transfer in euro the currency in which the Covered Bonds of the relevant Series are denominated or, if different, payable and in same dayimmediately available, freely transferable, cleared funds not later than 10.00 a.m. (London timeLocal 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 and have specified for the Guarantor specify for such purpose. The Issuer or (as the case may be) the Guarantor shall, before 10.00 a.m. 3.00 p.m. (Local Time) on the second Second Local Banking Day before the due date of each payment by it under Clause 6.1 7.1 (Payments Issuer to pay the Fiscal Agent), procure that the bank effecting payment for it confirms by authenticated SWIFT message to the Fiscal Agent - Issuer or Guarantor the payment instructions relating to pay Fiscal Agent), confirm to the Paying Agent the amount of such payment, in respect of what such payment will be made and the name of the bank to which such payment is being made.

Xxxxxx and time of payment. Each amount payable under Clause 6.1 (Payments to the Fiscal Agent - Issuer or Guarantor to pay Fiscal Agent) shall be paid unconditionally by credit transfer in euro and in same day, freely transferable, cleared funds not later than 10.00 a.m. (London 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 and the Guarantor specify for such purpose. The Issuer or (as the case may be) the Guarantor shall, before 10.00 a.m. (Local Time) on the second Local Banking Day before the due date of each payment by it under Clause 6.1 (Payments to the Fiscal Agent - Issuer or Guarantor to pay Fiscal Agent), confirm to the Issue and Paying Agent the amount of such payment, in respect of what such payment will be made and the name of the bank to which such payment is being made.