Xxxxxx and time of payment. Each amount payable by the Relevant Issuer or, as the case may be, the Guarantor (in respect of an issuance by Compass Finance B.V.) under Clause 6.1 (Relevant Issuer or the Guarantor (in respect of an issuance by Compass Finance B.V.) to pay Principal Paying Agent) shall be paid unconditionally by credit transfer in the currency in which the Notes of the relevant Series are denominated or, if different, payable and in immediately available, freely transferable, cleared funds not later than 12.00 noon (Local Time) on the relevant day to such account with such bank as the Principal Paying Agent may from time to time by notice to the Relevant Issuer and Guarantor have specified for the purpose, provided that amounts payable in certain currencies (for example Japanese Yen) as advised by the Principal Paying Agent to the Relevant Issuer or the Guarantor (as the case may be) shall be paid in immediately available, freely transferable, cleared funds no later than close of business London time on the day prior to the relevant day of payment. The Relevant Issuer, (or, failing whom, the Guarantor, in respect of an issuance by Compass Finance B.V.) shall, before 12.00 noon (Local Time) on the second Local Banking Day before the Due Date of each payment by it under Clause 6.1 (Relevant Issuer or the Guarantor (in respect of an issuance by Compass Finance B.V.) to pay Principal Paying Agent), procure that the bank effecting payment for it confirms by authenticated SWIFT message to the Principal Paying Agent the payment instructions relating to such payment.
Appears in 2 contracts
Samples: Issue and Paying Agency Agreement, Issue and Paying Agency Agreement
Xxxxxx and time of payment. Each amount payable by the Relevant Issuer or, as the case may be, the Guarantor (in respect of an issuance by Compass Finance B.V.LSEG Netherlands or LSEGA) under Clause 6.1 (Relevant Issuer or the Guarantor (in respect of an issuance by Compass Finance B.V.LSEG Netherlands or LSEGA) to pay Principal Paying Agent) shall be paid unconditionally by credit transfer in the currency in which the Notes of the relevant Series are denominated or, if different, payable and in immediately available, freely transferable, cleared funds not later than 12.00 noon (Local Time) on the relevant day to such account with such bank as the Principal Paying Agent may from time to time by notice to the Relevant Issuer and Guarantor have specified for the purpose, provided that amounts payable in certain currencies (for example Japanese Yen) as advised by the Principal Paying Agent to the Relevant Issuer or the Guarantor (as the case may be) shall be paid in immediately available, freely transferable, cleared funds no later than close of business London time on the day prior to the relevant day of payment. The Relevant Issuer, (or, failing whom, the Guarantor, in respect of an issuance by Compass Finance B.V.LSEG Netherlands or LSEGA) shall, before 12.00 noon (Local Time) on the second Local Banking Day before the Due Date of each payment by it under Clause 6.1 (Relevant Issuer or the Guarantor (in respect of an issuance by Compass Finance B.V.LSEG Netherlands or LSEGA) to pay Principal Paying Agent), procure that the bank effecting payment for it confirms by authenticated SWIFT message to the Principal Paying Agent the payment instructions relating to such payment.
Appears in 1 contract
Samples: Agency Agreement
Xxxxxx and time of payment. Each amount payable by the Relevant Issuer or, as the case may be, the Guarantor (in respect of an issuance by Compass Finance B.V.LSEGA, LSEGN or LUFC) under Clause 6.1 (Relevant Issuer or the Guarantor (in respect of an issuance by Compass Finance B.V.LSEGA, LSEGN or LUFC) to pay Principal Paying Agent) shall be paid unconditionally by credit transfer in the currency in which the Notes of the relevant Series are denominated or, if different, payable and in immediately available, freely transferable, cleared funds not later than 12.00 noon (Local London Time) on the relevant day to Due Dateto such account with such bank as the Principal Paying Agent may from time to time by notice to the Relevant Issuer and the Guarantor have specified for the purpose, provided that amounts payable in certain currencies (for example example, Japanese Yen) as advised by the Principal Paying Agent to the Relevant Issuer or the Guarantor (as the case may be) shall be paid in immediately available, freely transferable, cleared funds no later than close of business London time Time on the day prior to the relevant day of payment. The Relevant Issuer, Issuer (or, failing whom, the Guarantor, in respect of an issuance by Compass Finance B.V.LSEGA, LSEGN or LUFC) shall, before 12.00 noon (Local London Time) on the second Local London Banking Day before the Due Date of each payment by it under Clause 6.1 (Relevant Issuer or the Guarantor (in respect of an issuance by Compass Finance B.V.LSEGA, LSEGN or LUFC) to pay Principal Paying Agent), procure that the bank effecting payment for it confirms by authenticated SWIFT message to the Principal Paying Agent the payment instructions relating to such payment.
Appears in 1 contract
Samples: Issue and Paying Agency Agreement
Xxxxxx and time of payment. Each amount payable by the Relevant Issuer or, as the case may be, the Guarantor (in respect of an issuance by Compass Finance B.V.the Guaranteed Notes) under Clause 6.1 7.1 (Relevant Issuer or the Guarantor (in respect of an issuance by Compass Finance B.V.the Guaranteed Notes) to pay Principal Paying Agent or CMU Lodging and Paying Agent) shall be paid unconditionally by credit electronic transfer in the currency in which the Notes of the relevant Series are denominated or, if different, payable and in immediately available, freely transferable, cleared funds not later than 12.00 12 noon (Local Time) on the relevant day due date to such account with such bank as the Principal Paying Agent or the CMU Lodging and Paying Agent, as the case may be may from time to time by notice to the Relevant Issuer and the Guarantor (with a copy to the Trustee) have specified for the purpose, provided that amounts payable in certain currencies (for example Japanese Yen) as advised by the Principal Paying Agent to the Relevant Issuer or the Guarantor (as the case may be) shall be paid in immediately available, freely transferable, cleared funds no later than close of business London time on the day prior to the relevant day of payment. The Relevant Issuer, Issuer (or, failing whom, the Guarantor, in respect of an issuance by Compass Finance B.V.the Guaranteed Notes) shall, before 12.00 noon 12 noon. (Local Time) on the second Local Banking Day before the Due Date due date of each payment by it under Clause 6.1 7.1 (Relevant Issuer or the Guarantor (in respect of an issuance by Compass Finance B.V.the Guaranteed Notes) to pay Principal Paying Agent or CMU Lodging and Paying Agent), procure that the bank effecting payment for it confirms by authenticated SWIFT message confirm to the Principal Paying Agent or the CMU Lodging and Paying Agent, as the case may be, that payment instructions relating to such paymentpayment have been or will be delivered.
Appears in 1 contract
Samples: Agency Agreement