London Paying Agent Sample Clauses

London Paying Agent. (i) In order to provide for the payment of the principal of and interest on the Debt Securities of any series as the same shall become due and payable on any payment date, the Corporation hereby agrees to pay to such account or at such offices of any Paying Agent in New York or Luxembourg or as such Paying Agent shall specify in writing to the Corporation not less than five Business Days prior to the payment date, in the currency of payment with respect to the Debt Securities of such series as designated pursuant to Section 2.01, on each interest payment date and at Maturity of the Debt Securities of such series or any date fixed for redemption of the Debt Securities of such series (in each case determined in accordance with the terms and conditions applicable to such series), in immediately available funds available on such interest payment date or at Maturity, as the case may be, in an aggregate amount which (together with any funds then held by the Paying Agent and available for the purpose) shall be sufficient to pay the entire amount of the principal of and/or interest, as applicable, on the Debt Securities of such series becoming due on such interest payment date or at Maturity, and the Paying Agent shall hold such amount in trust and apply it to the payment of any such principal or interest on such interest payment date or at Maturity. Unless otherwise specified as provided above in this Section 6.03(i) or Section 6.03(j), such aggregate amount shall be paid to the account of the Paying Agent in immediately available funds no later than 11:00 a.m. (Paying Agents' time) on the interest payment date or at Maturity, as the case may be. In the event any Paying Agent or London Paying Agent is not also the Trustee, the Corporation will cause such Paying Agent to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree (and by its execution of this Indenture, the London Paying Agent hereby agrees) with the Trustee, subject to the provisions of this Section 6.03 and of Section 12.03, (1) that such Paying Agent and London Paying Agent shall hold all sums held by such Paying Agent or London Paying Agent for the payment of the principal of (and premium, if any) or interest, if any, on the Debt Securities of such series in trust for the benefit of the holders of the Debt Securities of such series until such sums shall be paid out to the holders of the Debt Securities of such series or otherwise as herein provided, (2) that such Pa...
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London Paying Agent. SIGNED by ) as authorised signatory for THE BANK OF ) NEW YORK, LONDON BRANCH in the ) presence of: ) ) ) Signature of witness ) ) Name of witness (block letters) ) By executing this agreement the ) signatory states that the signatory has ) received no notice of revocation of Address of witness ) the authority under which this ) agreement is signed Occupation of witness )
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Related to London Paying Agent

  • Paying Agent 6 Person..........................................................6

  • Note Paying Agents (a) The Indenture Trustee may appoint one or more Note Paying Agents that meet the eligibility standards for the Indenture Trustee specified in Section 6.11(a). The Note Paying Agents will have the power to make distributions from the Trust Accounts.

  • Paying Agents (a) If the Company shall appoint one or more paying agents for all or any series of the Securities, other than the Trustee, the Company will cause each such paying agent to execute and deliver to the Trustee an instrument in which such agent shall agree with the Trustee, subject to the provisions of this Section:

  • The Paying Agent The Board of Directors of the Company has adopted a resolution appointing The Bank of New York as transfer agent, registrar, dividend disbursing agent and redemption agent for the Company in connection with any shares of AMPS (in such capacity, the "Paying Agent"). The Paying Agent hereby accepts such appointment and agrees to act in accordance with its standard procedures and the provisions of the Articles Supplementary which are specified herein with respect to the shares of AMPS and as set forth in this Section 3.

  • Certificate Paying Agent (a) The Certificate Paying Agent shall make distributions to Certificateholders from the Certificate Distribution Account on behalf of the Trust in accordance with the provisions of the Certificates and Section 5.01 hereof from payments remitted to the Certificate Paying Agent by the Indenture Trustee pursuant to Section 3.05

  • The Auction Agent as Paying Agent The Bank of New York, as the Paying Agent, shall pay to the Holders of AMPS (i) on each Dividend Payment Date, dividends on the AMPS, (ii) on any date fixed for redemption of AMPS, the Redemption Price of any shares called for redemption and (iii) any Late Charge related to any payment of dividends or Redemption Price, in each case after receipt of the necessary funds from the Fund with which to pay such dividends, Redemption Price or Late Charge. The amount of dividends for any Rate Period for the AMPS to be paid by the Paying Agent to the Holders of such shares will be determined by the Trust as set forth in paragraph 2 of Part I of Section 12.1 of the Bylaws. The Redemption Price of any shares to be paid by the Paying Agent to the Holders will be determined by the Trust as set forth in paragraph 8 of Part I of Section 12.1 of the Bylaws. Whenever any AMPS are to be redeemed, the Fund shall mail a Notice of Redemption by first-class mail, postage prepaid, to each Holder of Preferred Shares being redeemed and provide notice to the Paying Agent pursuant to the Bylaws.

  • Payments from Paying Agent Account The Escrow Agent hereby irrevocably instructs the Paying Agent, and the Paying Agent agrees to act, as follows:

  • Paying Agent and Registrar Initially, U.S. Bank National Association, the Trustee under the Indenture, will act as Paying Agent and Registrar. The Company may change any Paying Agent or Registrar without notice to any Holder. The Company or any of its Subsidiaries may act in any such capacity.

  • Paying Agent and Security Registrar The Trustee will act as Paying Agent, Security Registrar and Conversion Agent. The Company may change any Paying Agent, Security Registrar, co-registrar or Conversion Agent without prior notice. The Company or any of its Affiliates may act in any such capacity.

  • Trustee, Paying Agents, Conversion Agents, Bid Solicitation Agent or Note Registrar May Own Notes The Trustee, any Paying Agent, any Conversion Agent, Bid Solicitation Agent (if other than the Company or any Affiliate thereof) or Note Registrar, in its individual or any other capacity, may become the owner or pledgee of Notes with the same rights it would have if it were not the Trustee, Paying Agent, Conversion Agent, Bid Solicitation Agent or Note Registrar.

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