Common use of DUTIES OF THE PAYING AGENTS Clause in Contracts

DUTIES OF THE PAYING AGENTS. 6.1 Subject to the payments to the Principal Paying Agent provided for by clause 4 being duly made and subject to the provisions of clause 7, the Paying Agents shall act as paying agents of the Issuer and/or the Guarantors in respect of the Notes and pay or cause to be paid on behalf of the Issuer and/or the Guarantors, on and after each date on which any payment becomes due and payable, the amounts of principal and/or interest then payable on surrender or, in the case of a Global Note, endorsement, of Notes or Coupons under the Conditions and this Agreement. If any payment provided for by clause 4 is made late but otherwise under the terms of this Agreement the Paying Agents shall nevertheless act as paying agents following receipt by them of payment.

Appears in 2 contracts

Samples: Paying Agency Agreement (Luxottica Group Spa), Paying Agency Agreement (Luxottica Group Spa)

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DUTIES OF THE PAYING AGENTS. 6.1 Subject to the payments to the Principal Paying Agent provided for by clause 4 being duly made and subject to the provisions of clause 7, the Paying Agents shall act as paying agents of the Issuer Issuers and/or the Guarantors in respect of the Notes and pay or cause to be paid on behalf of the Issuer Issuers and/or the Guarantors, on and after each date on which any payment becomes due and payable, the amounts of principal and/or interest then payable on surrender or, in the case of a Global Note, endorsement, of Notes or Coupons under the Conditions and this Agreement. If any payment provided for by clause 4 is made late but otherwise under the terms of this Agreement the Paying Agents shall nevertheless act as paying agents following receipt by them of payment.

Appears in 1 contract

Samples: Paying Agency Agreement (Westfield Holdings LTD /)

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DUTIES OF THE PAYING AGENTS. 6.1 Subject to the payments to the Principal Paying Agent provided for by clause 4 being duly made and subject to the provisions of clause 7, the Paying Agents shall act as paying agents of the Issuer and/or the Guarantors Guarantor in respect of the Notes and pay or cause to be paid on behalf of the Issuer and/or the GuarantorsGuarantor, on and after each date on which any payment becomes due and payable, the amounts of principal and/or interest then payable on surrender or, in the case of a Global Note, endorsement, of Notes or Coupons under the Conditions and this Agreement. If any payment provided for by clause 4 is made late but otherwise under the terms of this Agreement the Paying Agents shall nevertheless act as paying agents following receipt by them of payment.

Appears in 1 contract

Samples: Version Paying Agency Agreement

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