Swiss Paying Agent definition

Swiss Paying Agent. The Company shall cause the Registrar to keep a register of the Securities and of their registration, transfer and exchange (the “Security Register”). The Company and the Guarantor shall enter into an appropriate agency agreement with any Agent that is not a party to this Indenture. The agreement shall implement the provisions of this Indenture and the Trust Indenture Act that relate to such Agent. The Company shall give prompt written notice to the Trustee of the name and address of any Agent and any change in the name or address of an Agent. If the Company and the Guarantor fail to maintain a Registrar or Paying Agent, the Trustee shall act as such. The Company and the Guarantor may remove any Agent appointed by them upon written notice to such Agent and the Trustee; provided that no such removal shall become effective until (i) the acceptance of an appointment by a successor Agent to such Agent as evidenced by an appropriate agency agreement entered into by the Company and the Guarantor and such successor Agent and delivered to the Trustee or (ii) notification to the Trustee that the Trustee shall serve as such Agent until the appointment of a successor Agent in accordance with clause (i) of this proviso. The Company, the Guarantor or any affiliate of the Company or the Guarantor may act as Paying Agent, Swiss Paying Agent or Registrar; provided that neither the Company, the Guarantor nor an affiliate of the Company or the Guarantor shall act as Paying Agent or Swiss Paying Agent in connection with the defeasance of the Securities or the discharge of this Indenture under Article 9. The Company and the Guarantor initially appoint the Trustee as Registrar, Authenticating Agent and Paying Agent and Credit Suisse AG as Swiss Paying Agent. If, at any time, the Trustee, is not the Registrar, the Registrar shall make available to the Trustee ten days prior to the Maturity Date, ten days prior to the date fixed for redemption pursuant to Section 3.04 or 3.05, if any, and ten days prior to each fixed date on which interest on the notes is payable (each such date, an “Interest Payment Date”) and at such other times as the Trustee may reasonably request the names and addresses of the Holders as they appear in the Security Register. The principal of, premium, if any, and interest (including Additional Interest, if any) on the Securities shall be payable at the office or agency of the Company designated in the form of Security (if other than the office or agency des...

Swiss Paying Agent means such entity as may be appointed by the Issuer from time to time as Swiss paying agent in respect of any Series of Swiss Franc Notes;

Swiss Paying Agent means RBC Investor Services Bank S.A., Esch-sur-Alzette, Zurich Branch or such other party as is appointed as Swiss paying agent from time to time.

Examples of Swiss Paying Agent in a sentence

• In addition, the Principal Swiss Paying Agent may also publish any such notices by other means in accordance with the rules of the SIX Swiss Exchange.

• The Swiss Paying Agent is CACEIS Bank, Paris, succursale de Nyon / Suisse, Route de Signy 35, CH-1260 Nyon.

• The Swiss Paying Agent as well as the Calculation Agents are acting solely as agents of the Issuer and do not assume any obligation or duty to, or any relationship of agency or trust for or with, the holders of the Products.

• The receipt by the Principal Swiss Paying Agent of the due and punctual payment of the funds in Swiss francs in Zurich shall release the Issuer from its obligation under the Notes and Coupons for the payment of the principal and interest due on the respective payment dates to the extent of such payments and except to the extent that there is default in the subsequent payment thereof to the Noteholders or Couponholders, as the case may be.

• Notwithstanding the foregoing provisions of this Condition 4, payments of principal and interest in respect of Swiss Domestic Covered Bonds shall be made only at the offices of any Swiss Paying Agent in Switzerland in freely disposable Swiss Francs without collection costs and whatever the circumstances may be, irrespective of nationality, domicile or residence of the holder of Covered Bonds and without requiring any certification, affidavit or the fulfilment of any other formality.

More Definitions of Swiss Paying Agent

Swiss Paying Agent means each paying agent, including the Swiss Principal Paying Agent, appointed in connection with each series of Swiss Franc Notes as specified in the relevant Final Terms, which entity shall act as Paying Agent in respect of the Swiss Franc Notes;

Swiss Paying Agent means the Swiss paying agent specified in the applicable Final Terms; and Zurich Banking Day means a day on which banks are open in the City of Zurich for the settlement of payments and of foreign exchange transactions.

Swiss Paying Agent means banks under the Swiss Banking Act of 8 No- vember 1934, securities dealers under the Swiss Stock Exchange Act of 24 March 1995 and natural and legal persons resident or established in Swit- zerland, partnerships and permanent establishments of foreign companies, which accept, hold, invest or transfer assets of third parties or merely make payments of income or gains for third parties or secure such payments in the normal course of their business. Notwithstanding the foregoing, for the purposes of Part 3, a person is not considered to be a Swiss paying agent solely because that person pays out dividends and interest directly to its shareholders or creditors, provided that the total amount of these payments does not exceed CHF 1 million per year;

Swiss Paying Agent means Neue Helvetische Bank AG;

Swiss Paying Agent means RBC Investor Services Bank S.A., Esch-sur-Alzette, Zurich Branch as Swiss paying agent from time to time.

Swiss Paying Agent means State Street Bank International GmbH Munich, Zürich Branch or any other eligible Swiss paying agent performing the paying agency function for a particular Series of Securities for the purposes of the regulations of the SIX Swiss Exchange as set forth in the relevant Final Terms.

Swiss Paying Agent means Bank Julius Baer & Co. Ltd., solely for the purposes of compliance with article 24 of Listing Rules of the SIX Swiss Exchange, in its function as Swiss paying agent or any person appointed as its replacement in accordance with Condition 14.