Common use of FAILURE TO RECEIVE PAYMENT Clause in Contracts

FAILURE TO RECEIVE PAYMENT. If the Fiscal Agent has not, on the due date of any payment to it under Clause 6.1 (Issuer to pay the Fiscal Agent), received the relevant payment, it shall as soon as reasonably practicale notify the Issuer and the other Paying Agents. If the Fiscal Agent subsequently receives such payment, it shall as soon as reasonably practicable notify the Issuer and the other Paying Agents.

Appears in 3 contracts

Samples: Fiscal Agency Agreement, Fiscal Agency Agreement, Fiscal Agency Agreement

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FAILURE TO RECEIVE PAYMENT. If the Fiscal Agent has not, not on the due date of any payment to it under Clause 6.1 7.1 (Issuer to pay the Fiscal Agent), ) received the relevant paymentpayment by the time specified for its receipt, it shall as soon as reasonably practicale promptly notify the Issuer and the other Paying Agents. If the Fiscal Agent subsequently receives such payment, it shall as soon as reasonably practicable promptly notify the Issuer and the other Paying Agents.

Appears in 1 contract

Samples: Agency Agreement

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