Principal Paying Agents definition

Principal Paying Agents. Nothing herein shall be deemed to require Not to Risk Funds: Principal Paying Agent expend its own funds in connection with any payment to the Company, or the Agent or the purchaser, it being understood by all parties that payments made by the Principal Paying Agents to the Company, or the Agent or a purchaser shall be made only to the extent that funds are provided to the Principal Paying Agents for such purpose. Authenticity of The Company will cause each Principal Paying Signatures: Agent to furnish the Agent from time to time with the specimen signatures of each of such Principal Paying Agent's officers, employees or agents who has been authorized by such Principal Paying Agent to authenticate Bearer Notes (including Global Securities representing Bearer Notes), but the Agent will have no obligation or liability to the Company or to either Principal Paying Agent in respect of the authenticity of the signature of any officer, employee or agent of the Company or either Principal Paying Agent on any Bearer Note.

Examples of Principal Paying Agents in a sentence

  • The Issuer shall procure that these amounts will be transferred in GBP free of charge prior to 11.00 a.m. Luxembourg time on each Payment Date to the Principal Paying Agent's account, as notified to the Issuer from time to time, for payment to the Noteholders and the Lenders.

  • If, by the close of business on the third business day following the intended Issue Date of the Defaulted Note, the Defaulted Note has not been transferred from the Principal Paying Agent's distribution account, the Principal Paying Agent or, with respect to CMU Notes, the CMU Lodging and Paying Agent may cancel the Defaulted Note without the need for any further instruction.

  • If the Notes are to be listed on the Luxembourg Stock Exchange, the Company will advise the Principal Paying Agents and the Agent as to the entity it has appointed as listing agent (the "Listing Agent"), which will coordinate with the Principal Paying Agents and the Agent on a regular basis for the purpose of providing the Luxembourg Stock Exchange with such information regarding Bearer Notes issued and outstanding as such Exchange may require.

  • The Issuer shall procure that these amounts will be transferred in GBP free of charge prior to 11.00 a.m. Luxembourg time on each Payment Date to the Principal Paying Agent's account, as notified to the Issuer from time to time, for payment to the Noteholders.

  • The Principal Paying Agent may also transfer the personal data to any country (including countries outside the European Economic Area where there may be less stringent data protection laws) to process information on the Principal Paying Agent's behalf.

  • Wherever it is processed, the personal data will be protected by a strict code of secrecy and security to which all members of the Principal Paying Agent's corporate group, their staff and any third parties are subject, and will only be used in accordance with the Principal Paying Agent's instructions.

  • The Issuer, failing whom the Guarantor, shall procure that the bank through which the payment to the Issuing and Principal Paying Agent required by Clause 4.1 is to be made shall irrevocably confirm to the Issuing and Principal Paying Agent by facsimile or authenticated SWIFT message no later than 3.00 p.m. (local time in the city of the Issuing and Principal Paying Agent's specified office) on the second Business Day before the due date for any such payment that it will make such payment.

  • After that, all liability of the Trustee and such Principal Paying Agents with respect to such funds shall cease.

  • Immediately upon receipt of the Registered Note in respect of which such failure occurred, the Principal Paying Agent will ▇▇▇▇ such Note "cancelled", make appropriate entries in the Principal Paying Agent's records and send such Note to the relevant Issuer.

  • Copies of such documentation shall be made available by the Indenture Trustee to the Noteholders or the other New York Paying Agents or Principal Paying Agents, as applicable, upon written request therefor.

Related to Principal Paying Agents

  • Principal Paying Agent means the Principal Paying Agent as specified in § 2 (1) of the General Conditions.

  • Note Paying Agent means the Trustee or any other Person that meets the eligibility standards for the Trustee specified in Section 6.11 and is authorized by the Issuer to make the payments to and distributions from the Collection Account and the Note Distribution Account, including payment of principal of or interest on the Notes on behalf of the Issuer.

  • Certificate Paying Agent means any paying agent or co-paying agent appointed pursuant to Section 3.10 and shall initially be Wilmington Trust Company.

  • Paying Agents means the Fiscal Agent and the Paying Agents referred to above and such further or other Paying Agent or Agents as may be appointed from time to time hereunder

  • Paying Agent Fee means the portion of the Trustee Fee payable to the Paying Agent in an amount agreed to between the Trustee and the Paying Agent.