Common use of Deposit of Repayment Price Clause in Contracts

Deposit of Repayment Price. On or prior to 10:00 A.M. on any Optional Repayment Date, NIB shall deposit with such Fiscal Agent (or, in the case of Foreign Currency Notes payable in a currency other than U.S. dollars, with the Exchange Rate Agent if applicable) an amount of money sufficient to pay the optional repayment price, and accrued interest thereon to such date, of all the Certificated Notes or portions thereof which are to be repaid on such date. Such Fiscal Agent (or Exchange Rate Agent) will use such money to repay such Certificated Notes pursuant to the terms set forth in such Notes.

Appears in 4 contracts

Samples: Fiscal Agency Agreement (Nordic Investment Bank), Fiscal Agency Agreement (Nordic Investment Bank), Selling Agency Agreement (Nordic Investment Bank)

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Deposit of Repayment Price. On or prior to 10:00 A.M. on any Optional Repayment Date, NIB shall deposit with such Fiscal Agent (or, in the case of Foreign Currency Notes payable in a currency other than U.S. dollars, with the Exchange Rate Agent if applicable) an amount of money sufficient to pay the optional repayment price, and accrued interest thereon to such date, of all the Certificated Book-Entry Notes or portions thereof which are to be repaid on such date. Such Fiscal Agent (or Exchange Rate Agent) will use such money to repay such Certificated Book-Entry Notes pursuant to the terms set forth in such Notes.

Appears in 4 contracts

Samples: Fiscal Agency Agreement (Nordic Investment Bank), Fiscal Agency Agreement (Nordic Investment Bank), Selling Agency Agreement (Nordic Investment Bank)

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Deposit of Repayment Price. On or prior to 10:00 A.M. AM. on any Optional Repayment Date, NIB shall deposit with such Fiscal Agent (or, in the case of Foreign Currency Notes payable in a currency other than U.S. dollars, with the Exchange Rate Agent if applicable) an amount of money sufficient to pay the optional repayment price, and accrued interest thereon to such date, of all the Certificated Notes or portions thereof which are to be repaid on such date. Such Fiscal Agent (or Exchange Rate Agent) will use such money to repay such Certificated Notes pursuant to the terms set forth in such Notes.

Appears in 1 contract

Samples: Selling Agency Agreement (Nordic Investment Bank)

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