Common use of Notification of Non-payment Clause in Contracts

Notification of Non-payment. The Issuing and Paying Agent shall forthwith notify in writing each of the other Agents, the relevant Issuer and the Trustee if it has not received the amount referred to in sub-Clause 4.1 by the time specified for its receipt, unless it is satisfied that it will receive such amount or it has already notified such persons pursuant to sub-Clause 4.3.

Appears in 2 contracts

Samples: Agency Agreement, Agency Agreement

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Notification of Non-payment. The Issuing and Paying Agent shall forthwith notify in writing by fax each of the other Agents, the relevant Issuer and the Trustee if it has not received the amount referred to in sub-Clause 4.1 by the time specified for its receipt, unless it is satisfied that it will receive such amount or it has already notified such persons pursuant to sub-Clause 4.3.Clause

Appears in 2 contracts

Samples: Agency Agreement, Agency Agreement

Notification of Non-payment. The Issuing and Paying Agent shall forthwith notify in writing by fax or email each of the other Agents, the relevant Issuer and the Trustee if it has not received the any amount referred to in sub-Clause 4.1 by the time specified for its receipt, unless it is satisfied that it will receive such amount or it has already notified such persons pursuant to sub-Clause 4.3.Clause

Appears in 1 contract

Samples: Agency Agreement

Notification of Non-payment. The Issuing and Paying Agent shall forthwith notify in writing each of the other Agents, the relevant Issuer and the Trustee if it has not received the amount referred to in sub-Clause 4.1 (Payment to the Issuing and Paying Agent) by the time specified for its receipt, unless it is satisfied that it will receive such amount or it has already notified such persons pursuant to sub-Clause 4.34.3 (Notification of Failure to Preadvise Payment).

Appears in 1 contract

Samples: Agency Agreement

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Notification of Non-payment. The Issuing and Paying Agent shall forthwith notify in writing by fax each of the other Agents, the relevant Relevant Issuer and the Note Trustee if it has not received the amount referred to in sub-Clause Subclause 4.1 (Payment to the Issuing and Paying Agent) by the time specified for its receipt, unless it is satisfied that it will receive such amount or it has already notified such persons pursuant to sub-Clause 4.3.

Appears in 1 contract

Samples: Western Power Distribution (PPL Corp)

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