Method of payment to Principal Paying Agent Sample Clauses

Method of payment to Principal Paying Agent all sums payable to the Principal Paying Agent hereunder shall be paid in the currency in which such sums are denominated and in immediately available or same day funds to such account with such bank as the Principal Paying Agent may from time to time notify to the Relevant Issuer and (in the case of EFI Notes ) the Guarantor.
Sample 1Sample 2Sample 3See All (10)
AutoNDA by SimpleDocs
Method of payment to Principal Paying Agent. All sums payable to the Principal Paying Agent hereunder will be paid in euro and in immediately available or same day funds to such account with such bank in the European Union as the Principal Paying Agent may from time to time notify to the Issuer and the Guarantor.
Sample 1See All (6)
Method of payment to Principal Paying Agent. The Issuer will, before 10.00 a.m. (London Time), on each date on which any payment in respect of the Securities becomes due, transfer or procure that there is transferred such amount in U.S. dollars as shall be sufficient for the purposes of such payment to such account with such bank as the Principal Paying Agent may from time to time notify in writing to the Issuer. The Principal Paying Agent shall provide to the Issuer details of the relevant payment and its specified bank with sufficient time in order for the Issuer to satisfy its obligations under this sub-Clause 5.6.
Sample 1Sample 2Sample 3See All (4)
Method of payment to Principal Paying Agent. All sums payable to the Principal Paying Agent hereunder will be paid in Pounds sterling and in immediately available or same day funds to such account with such bank in London as the Principal Paying Agent may from time to time notify to the Issuer.
Sample 1Sample 2See All (4)
Method of payment to Principal Paying Agent. All sums payable to the Principal Paying Agent hereunder will be paid in U.S. dollars and in immediately available or same day funds to such account with such bank as the Principal Paying Agent may from time to time notify the Issuer.
Sample 1
Method of payment to Principal Paying Agent. All sums payable to the Principal Paying Agent hereunder will be paid in U.S. dollars and in immediately available or same day funds to such account with such bank in New York City as the Principal Paying Agent may from time to time notify in writing to the Issuer and the Guarantor, provided always that the Principal Paying Agent shall give notice to the Issuer and the Guarantor not less than seven Business Days before the relevant payment of its specified bank for that payment.
Sample 1
Method of payment to Principal Paying Agent. All sums payable to the Principal Paying Agent hereunder shall be paid in U.S. Dollars and in immediately available, freely transferable, cleared funds to such account with such bank in Hong Kong as the Principal Paying Agent may from time to time notify to the Issuer and the Trustee.
Sample 1
AutoNDA by SimpleDocs
Method of payment to Principal Paying Agent. All sums payable to the Principal Paying Agent hereunder shall be paid in euros, in respect of the Euro Notes, and in dollars, in respect of the Dollar Notes, to such account with such bank as the Principal Paying Agent may from time to time notify to the Issuer and the Trustee. The Paying Agent shall effect payment of interest on the Notes as such becomes due and payable on the respective interest payment dates. Such payments with respect to notes represented by one or more Global Notes registered in the name of or held by a nominee of DTC, Clearstream and/or Euroclear will be made by wire transfer of immediately available funds to the account specified by the Holder or Holders thereof. Such payment with respect to Definitive Registered Notes, if any, will be payable at the specified office or agency of one or more Paying Agents. In addition, interest on Definitive Registered Notes may be paid by check mailed to the person entitled thereto as shown on the Register for such Definitive Registered Notes. Notwithstanding any provision elsewhere contained herein, a Paying Agent shall not be obliged (but shall be entitled) to make payments of principal or interest in respect of the Notes, if:
Sample 1

Related to Method of payment to Principal Paying Agent

  • 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

  • Investment of Payment Fund The Paying Agent shall invest the cash included in the Payment Fund as directed by Parent. Any interest and other income resulting from such investments shall be paid as directed by Parent. To the extent that there are losses with respect to such investments, Parent shall promptly replace or restore the portion of the Payment Fund lost through investments so as to ensure that the Payment Fund is maintained at a level sufficient to make such payments.

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

  • Certificate Distribution Account The Certificate Distribution Account shall be established as a non-interest bearing trust account pursuant to Section 4.1 of the Sale and Servicing Agreement. Funds on deposit in the Certificate Distribution Account shall be held uninvested. The Certificateholders shall possess all beneficial right, title and interest in and to all funds on deposit from time to time in the Certificate Distribution Account and all proceeds thereof. Except as otherwise provided herein, in the Indenture or in the Sale and Servicing Agreement, the Certificate Distribution Account shall be under the sole dominion and control of the Certificate Paying Agent for the benefit of the Certificateholders. If, at any time, the Certificate Distribution Account ceases to be an Eligible Account, the Servicer on behalf of the Issuer, shall, within ten (10) Business Days (or such longer period) after becoming aware of the fact, establish a new Certificate Distribution Account as an Eligible Account and shall direct the Certificate Paying Agent to transfer any cash then on deposit in the Certificate Distribution Account to such new Certificate Distribution Account.

  • Principal Payment The Borrower shall fail to pay any principal of any Note when the same becomes due and payable as set forth in this Agreement;

  • Termination of Payment Fund Any portion of the Payment Fund (including any interest received with respect thereto) that remains undistributed to the holders of Common Shares for one year after the Effective Time shall be delivered to Parent (or its designee), and any holder of Common Shares who has not theretofore complied with this Article II shall thereafter look only to Parent (subject to abandoned property, escheat or other similar Laws) for payment of its claim for Merger Consideration without any interest thereon.

  • Principal Payment Date Any unpaid principal of this promissory note (this "Demand Note") shall be paid on the Demand Date.

Time is Money Join Law Insider Premium to draft better contracts faster.