Common use of Xxxxxx and time of payment Clause in Contracts

Xxxxxx and time of payment. ‌ Each amount payable by the relevant Issuer under Clause 6.1 (Issuers 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 10.00 a.m. (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 have specified for the purpose. The relevant Issuer 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 (Issuers 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.

Xxxxxx and time of payment. ‌ Each amount payable by the relevant Issuer under Clause 6.1 (Issuers 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 10.00 a.m. (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 have specified for the purpose. The relevant Issuer 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 (Issuers 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.

Xxxxxx and time of payment. ‌ Each amount payable by the relevant Issuer under Clause 6.1 (Issuers Issuer to pay Principal Issue and 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 10.00 a.m. (Local Time) on the relevant day to such account with such bank as the Principal Issue and Paying Agent may from time to time by notice to the relevant Issuer have specified for the purpose. The relevant Issuer 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 (Issuers Issuer to pay Principal Issue and Paying Agent), procure that the bank effecting payment for it confirms by tested telex or authenticated SWIFT message to the Principal Issue and Paying Agent the payment instructions relating to such payment.