Paying Agency Agreement. The Paying Agency Agreement has been duly authorized by each of the Company and the Guarantor and, when duly executed and delivered by each of the parties thereto, will constitute a valid and legally binding agreement of each of the Company and the Guarantor enforceable against the Company and the Guarantor in accordance with its terms, subject to the Enforceability Exceptions.
Paying Agency Agreement. On the Signing Date the Issuer and the Security Trustee will enter into the Paying Agency Agreement with the Paying Agent and the Reference Agent pursuant to which the Paying Agent undertakes, inter alia, to perform certain payment services on behalf of the Issuer towards the Noteholders. Listing and admission to Application has been made to the Luxembourg Stock Exchange for the trading: Notes to be admitted to the Official List and trading on the main securities market. It is anticipated that listing will take place on or about the Closing Date. There can be no assurance that any such listing will be maintained. Credit ratings: It is a condition precedent to issuance that the Class A Notes, on issue, be assigned an AAAsf credit rating by Fitch and an Aaa (sf) credit rating by Xxxxx'x, that the Class B Notes, on issue, be assigned an AAsf credit rating by Fitch and an Aa2 (sf) credit rating by Xxxxx'x, that the Class C Notes, on issue, be assigned an A+sf credit rating by Fitch and an A2 (sf) credit rating by Xxxxx'x and that the Class D Notes, on issue, be assigned a BBB-sf credit rating by Fitch and a Baa3 (sf) credit rating by Xxxxx'x. Each of the Credit Rating Agencies is established in the European Union and is registered under Regulation (EC) No 1060/2009 of the European Parliament and of the Council of 16 September 2009 on Credit Rating Agencies. The Class E Notes, the Class S Notes and the Class X Notes will not be assigned a credit rating. Settlement: Euroclear and Clearstream, Luxembourg.
Paying Agency Agreement. The Representatives shall have received an executed copy of the Paying Agency Agreement.
Paying Agency Agreement. The Paying Agency Agreement has been duly authorized by the Issuer and, when duly executed and delivered in accordance with its terms by each of the parties thereto, will constitute a valid and legally binding agreement of the Issuer enforceable against the Issuer in accordance with its terms, subject to the Enforceability Exceptions.
Paying Agency Agreement. The Paying Agency Agreement to be dated July 7, 2016, among the Company, Elavon Financial Services Limited, UK Branch, as paying agent (the “Paying Agent”), Elavon Financial Services Limited, as transfer agent and registrar, and the Trustee, has been duly authorized by the Company and, at the Closing Date, will have been duly executed and delivered by the Company and, assuming the due authorization, execution and delivery thereof by the Paying Agent, will constitute a valid and binding agreement of the Company enforceable against the Company in accordance with its terms, subject to bankruptcy, insolvency, reorganization, arrangement, moratorium, fraudulent conveyance, fraudulent transfer or other similar laws relating to or affecting the rights and remedies of creditors or general equitable principles, regardless of whether considered in a proceeding at law or in equity.
Paying Agency Agreement. Each Pari Passu Facility Agent hereby approves the form of the Paying Agency Agreement and hereby authorizes, on behalf of the Pari Passu Creditors under the respective Pari Passu Financing Agreement, the Collateral Agent on its behalf to accept from the Company and execute and deliver as Collateral Agent on behalf of the Pari Passu Creditor Parties the Paying Agency Agreement in the form executed and delivered by the Initial Facility Agents. Without limitation, each Pari Passu Facility Agent agrees, on behalf of itself and the Pari Passu Creditors under the respective Pari Passu Creditor Agreement, to be bound by the Paying Agency Agreement, any amendment thereto adopted in accordance with the terms hereof and by any notices that the Collateral Agent may deliver thereunder on the Pari Passu Creditor Parties' behalf.
Paying Agency Agreement. A paying agency agreement, in substantially the form of Exhibit F attached hereto (as amended, supplemented or otherwise modified hereafter from time to time in accordance with the terms hereof and thereof, the "PAYING AGENCY AGREEMENT"), duly executed by the Company, the Collateral Agent and each original Purchaser.
Paying Agency Agreement. An executed copy of the Paying Agency Agreement.
Paying Agency Agreement. Valhi agrees that all security interests granted to it to secure the Obligations are hereby terminated, and Valhi authorizes Snake River and WFB, as applicable, to take any action necessary to reflect the termination of such security interests, including without limitation the filing of UCC termination statements and the return of any collateral held by Valhi or WFB. 5.
Paying Agency Agreement. The Paying Agency Agreement has been duly authorized by the Company; at the Closing Time, the Paying Agency Agreement will have been duly executed and delivered by the Company and, assuming due authorization, execution and delivery of the Paying Agency Agreement by the Paying Agent and the Trustee, will constitute a legally valid and binding agreement of the Company enforceable against the Company in accordance with its terms, except as the enforcement thereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting the rights and remedies of creditors or by general equitable principles.
