Common use of Xxxxxx and time of payment Clause in Contracts

Xxxxxx and time of payment. ‌ Each amount payable by the Issuer under Clause 6.1 (Issuer to pay Principal Paying Agent) shall be paid unconditionally by credit transfer in Sterling and in same day, freely transferable, cleared funds not later than 10 a.m. (London 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 Issuer (with a copy to the Note Trustee and the Security Trustee) specify for such purpose.

Appears in 2 contracts

Samples: Agency Agreement, Agency Agreement

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Xxxxxx and time of payment. Each amount payable by the Issuer under Clause 6.1 (Issuer or Guarantor to pay Principal Paying Agent) shall be paid unconditionally by credit transfer in Sterling and in same day, freely transferable, cleared funds not later than 10 a.m. 12.00 noon (London 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 Issuer and the Guarantor (with a copy to the Note Trustee and the Security Trustee) specify for such purpose.. The Issuer or (as the case may be) the Guarantor shall, before

Appears in 1 contract

Samples: Paying Agency Agreement

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Xxxxxx and time of payment. Each amount payable by the Issuer under Clause 6.1 (Issuer to pay Principal Paying Agent) shall be paid unconditionally by credit transfer in Sterling and in same day, freely transferable, cleared funds not later than 10 a.m. (London 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 Issuer (with a copy to the Note Trustee and the Security Trustee) specify for such purpose.

Appears in 1 contract

Samples: Agency Agreement

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