Common use of Covenant to Repay Clause in Contracts

Covenant to Repay. The Current Issuer covenants with the Note Trustee that it will, in accordance with these presents, on the Final Maturity Date of the Current Issuer Notes, or on such earlier date as the same or any part thereof may become due and repayable thereunder in accordance with the Current Issuer Conditions, pay or procure to be paid unconditionally to or to the order of the Note Trustee in Sterling, Euro or US dollars, as applicable, in London or New York City, as applicable, in immediately available funds or same day funds, as applicable, the principal amount of the Current Issuer Notes repayable on that date and shall in the meantime and until all such payments (both before and after any judgment or other order of a court of competent jurisdiction) are duly made (subject to the provisions of the Current Issuer Conditions) pay or procure to be paid unconditionally to or to the order of the Note Trustee as aforesaid interest (which shall accrue from day to day) on the Principal Amount Outstanding of the Current Issuer Notes at the rates set out in or (as the case may be) calculated from time to time in accordance with Condition 4 (Interest) and on the dates on which such interest becomes due and payable in accordance with the Current Issuer Conditions provided that: