Common use of No Obligation to Pay Clause in Contracts

No Obligation to Pay. No payments in respect of any Definitive Seventh Issuer Notes will be made on the final date for redemption or, as the case may be, payment, or such earlier date as the relevant Definitive Seventh Issuer Notes may become repayable or, as the case may be, payable, in whole unless the Registrar or any Transfer Agent confirms to the Principal Paying Agent that such Definitive Seventh Issuer Note has been surrendered to it.

Appears in 2 contracts

Samples: Permanent Mortgages Trustee LTD, Permanent Mortgages Trustee LTD

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No Obligation to Pay. No payments in respect of any Definitive Seventh Sixth Issuer Notes will be made on the final date for redemption or, as the case may be, payment, or such earlier date as the relevant Definitive Seventh Sixth Issuer Notes may become repayable or, as the case may be, payable, in whole unless the Registrar or any Transfer Agent confirms to the Principal Paying Agent that such Definitive Seventh Sixth Issuer Note has been surrendered to it.

Appears in 2 contracts

Samples: Issuer Paying Agent and Agent Bank Agreement (Permanent Mortgages Trustee LTD), Permanent Financing (No. 6) PLC

No Obligation to Pay. No payments in respect of any Definitive Seventh Fifth Issuer Notes will be made on the final date for redemption or, as the case may be, payment, or such earlier date as the relevant Definitive Seventh Fifth Issuer Notes may become repayable or, as the case may be, payable, in whole unless the Registrar or any Transfer Agent confirms to the Principal Paying Agent that such Definitive Seventh Fifth Issuer Note has been surrendered to it.

Appears in 1 contract

Samples: Permanent Financing (No. 5) PLC

No Obligation to Pay. No payments in respect of any Definitive Seventh Issuer Notes will be made on the final date for redemption orredemption, or as the case may be, be payment, or such earlier date as the relevant Definitive Seventh Issuer Notes may become repayable orrepayable, or as the case may be, be payable, in whole unless the Registrar or any Transfer Agent confirms to the Principal Paying Agent that such Definitive Seventh Issuer Note has been surrendered to it.

Appears in 1 contract

Samples: Agreement (Holmes Financing No 7 PLC)

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No Obligation to Pay. No payments in respect of any Definitive Seventh Sixth Issuer Notes will be made on the final date for redemption orredemption, or as the case may be, be payment, or such earlier date as the relevant Definitive Seventh Sixth Issuer Notes may become repayable orrepayable, or as the case may be, be payable, in whole unless the Registrar or any Transfer Agent confirms to the Principal Paying Agent that such Definitive Seventh Sixth Issuer Note has been surrendered to it.

Appears in 1 contract

Samples: Agreement (Holmes Financing No 6 PLC)

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