Examples of Paying Agent in a sentence
As soon as practicable after delivering any Certificate, the Principal Paying Agent or the Registrar, as the case may be, shall upon receipt of a written request supply to the Issuer and the other Agents all relevant details of the Certificates delivered, in such format as it shall from time to time agree with the Issuer.
No Paying Agent shall exercise any lien, right of set-off or similar claim against any Bondholder in respect of moneys payable by it under this Agreement.
All sums payable to the Principal Paying Agent hereunder will be paid in euro and in immediately available or same day funds to such account with such bank as the Principal Paying Agent may from time to time notify to the Issuer.
Each of the Agents (other than the Principal Paying Agent) agrees that if any information is required by the Principal Paying Agent to perform its duties, it will promptly provide such information to the Principal Paying Agent.
The Principal Paying Agent shall promptly notify the Registrar if for any reason a Certificate is not delivered in accordance with the Issuer’s instructions.