Common use of Covenant to Repay Clause in Contracts

Covenant to Repay. Each of the Issuers covenants with the Trustee that it shall, as and when the Notes of any Series or any of them become due to be redeemed or any principal on the Notes of any Series or any of them becomes due to be repaid in accordance with the Conditions, unconditionally pay or procure to be paid to or to the order of the Trustee in immediately available freely transferable funds in the relevant currency the principal amount of the Notes of such Series or any of them becoming due for payment on that date and shall (subject to the provisions of the Conditions and except in the case of Zero Coupon Notes) until all such payments (after as well as before any judgment or other order of any court of competent jurisdiction) are duly made, unconditionally pay or procure to be paid to or to the order of the Trustee as aforesaid on the dates provided for in the Conditions interest on the principal amount (or such other amount as may be specified in the Pricing Supplement) of the Notes or any of them of such Series outstanding from time to time as set out in the Conditions (subject to Clause 3.3 (Interest on Floating Rate Notes following Event of Default)) provided however that:

Appears in 1 contract

Samples: Paying Agency Agreement (Upm Kymmene Corp)

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Covenant to Repay. Each of the Issuers The Issuer covenants with the Note Trustee that it shall, as and when the Notes of any Series or any of them become due to be redeemed or any principal on the Notes of any Series or any of them becomes due to be repaid in accordance with the Conditions, unconditionally pay or procure to be paid to or to the order of the Note Trustee in immediately available freely transferable funds in the relevant currency the principal amount of the Notes of such Series or any of them becoming due for payment on that date and shall (subject to the provisions of the Conditions and except in the case of Zero Coupon Notes) ), until all such payments (both before and after as well as before any judgment or other order of any court of competent jurisdictionorder) are duly made, unconditionally pay or procure to be paid to or to the order of the Note Trustee as aforesaid on the dates provided for in the Conditions interest on the principal amount (or such other amount as may be specified in the Pricing Supplement) Principal Amount Outstanding of the Notes or any of them of such Series outstanding from time to time as set out in the Conditions (subject to Clause 3.3 (Interest on Floating Rate Notes following Issuer Event of Default)) provided however that:)

Appears in 1 contract

Samples: landsec.com

Covenant to Repay. Each of the Issuers The Issuer covenants with the Trustee that it shallwill, as and when the each series of Notes of any Series or any of them become due to be redeemed or any principal on the such series of Notes of any Series or any of them becomes due to be repaid in accordance with the Conditions, unconditionally pay or procure to be paid to or to the order of the Trustee in United States Dollars in immediately available freely transferable funds in the relevant currency the principal amount of the such series of Notes of such Series or any of them becoming due for payment redemption or repayment on that date together with any applicable premium and shall any interest accrued to the date fixed for redemption (if any), in each case, to be paid in accordance with the Conditions and will (subject to the provisions of the Conditions and except in the case of Zero Coupon NotesConditions) until all such payments (both before and after as well as before any judgment or other order of any court of competent jurisdictionorder) are duly made, made unconditionally pay or procure to be paid to or to the order of the Trustee as aforesaid on the dates provided for in the Conditions interest on in respect of the principal amount (or such other amount as may be specified in the Pricing Supplement) of the Notes or any of them of such Series series of Notes outstanding from time to time as set out in the Conditions (subject to Clause 3.3 (Interest on Floating Rate Notes following Event of Default)) provided however that:

Appears in 1 contract

Samples: Agency Agreement

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Covenant to Repay. Each of the Issuers The Issuer covenants with the Trustee that it shall, as and when the Notes of any Series or any of them become due to be redeemed or any principal on the Notes of any Series or any of them becomes due to be repaid in accordance with the Conditions, unconditionally pay or procure to be paid to or to the order of the Trustee in immediately available freely transferable funds in the relevant currency the principal amount of the Notes of such Series or any of them becoming due for payment on that date and shall (subject to the provisions of the Conditions and except in the case of Zero Coupon Notes) ), until all such payments (both before and after as well as before any judgment or other order of any a court of competent jurisdiction) are duly made, unconditionally pay or procure to be paid to or to the order of the Trustee as aforesaid on the dates provided for in the Conditions interest (which shall accrue from day to day) on the principal amount (or such other amount as may be specified in the Pricing SupplementFinal Terms) of the Notes or any of them of such Series outstanding from time to time as set out in the Conditions (subject to Clause 3.3 (Interest on Floating Rate Notes following Event of Default)) provided however that:: 10

Appears in 1 contract

Samples: Intercontinental Hotels Group PLC /New/

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