Common use of Offices for Payments Clause in Contracts

Offices for Payments. So long as any of the Debt Securities remain Outstanding, Bank Indonesia will maintain in the place set forth in an Authorization: (a) an office or agency where the Debt Securities may be presented for payment, (b) an office or agency where the Debt Securities may be presented for exchange, transfer and registration of transfer as provided in this Indenture and (c) an office or agency where notices and demands to or upon the Republic in respect of the Debt Securities or of this Indenture may be served. Bank Indonesia hereby initially designates the Corporate Trust Office as the office or agency for each such purpose and as the place where the Register will be maintained. In case Bank Indonesia shall fail to maintain any such office or agency or the Republic shall fail to give such notice of the location or of any change in the location thereof, presentations and demands may be made and notices may be served at the Corporate Trust Office. If any Series of Debt Securities are listed on a securities exchange and that securities exchange so requires, Bank Indonesia will maintain a paying agent in the jurisdiction where the security exchange is located for such Series. The Republic will give the Trustee prompt written notice of the location of any such office or agency and of any change of location thereof.

Offices for Payments. (a) So long as any of the Debt Securities remain Outstanding, Bank Indonesia will maintain in the place set forth in an Authorization: (a) an office or agency where the Debt Securities may be presented for payment, (b) an office or agency where the Debt Securities may be presented for exchange, transfer and registration of transfer as provided in this Indenture and (c) an office or agency where notices and demands to or upon the Republic in respect of the Debt Securities or of this Indenture may be served. Bank Indonesia hereby initially designates the Corporate Trust Office as the office or agency for each such purpose and as the place where the Register will be maintained. In case Bank Indonesia shall fail to maintain any such office or agency or the Republic shall fail to give such notice of the location or of any change in the location thereof, presentations and demands may be made and notices may be served at the Corporate Trust Office. If any Series of Debt Securities are listed on a securities exchange and that securities exchange so requires, Bank Indonesia will maintain a paying agent in the jurisdiction where the security exchange is located for such Series. The Republic will give the Trustee prompt written notice of the location of any such office or agency and of any change of location thereof.