Payment by Issuer. (a) (Payment by Issuer): Subject to Clause 3.8, the Issuer must on each Distribution Date, pay to or to the order of, or procure the payment to or to the order of, the Principal Paying Agent to an account specified by the Principal Paying Agent in identifiable, freely available same day funds, no later than 10.00 a.m. London time the amount in US$ as may be required (after taking account of any money then held by the Principal Paying Agent and available for the purpose) to be paid on that Distribution Date in respect of each Class or Sub-Class of US$ Notes under the US$ Note Conditions.
Payment by Issuer. Subject to clause 3.8, the Issuer must on each Quarterly Distribution Date, pay to or to the order of the Principal Paying Agent to an account specified by the Principal Paying Agent in same day funds:
Payment by Issuer. Subject to clause 3.8, the Issuer must not later than 10.00 am (New York time) on each Distribution Date, pay to or to the order of the Principal Paying Agent to an account specified by the Principal Paying Agent in same day funds the amount in US$ as may be required (after taking account of any money then held by the Principal Paying Agent and available for the purpose) to be paid on that Distribution Date in respect of the Class A-1 Notes under the Class A-1 Note Conditions.
Payment by Issuer. Anything in this Indenture or in the Notes to the contrary notwithstanding, but subject to the provisions of Section 13.5 hereof, the Issuer will pay all amounts payable with respect to the Notes held by each Purchaser or other registered holder of Notes (without any presentment of any such Notes and without any notation of such payment being made thereon) in lawful money of the United States of America to the Trustee for payment on behalf of the Issuer as provided in this Article 3, Article 4 and in Article 5. In any case where the date of maturity of principal of, and interest and any applicable Make-Whole Amount, Yield Protection Amount, Special Yield Protection Amount or Breakage Amount on, the Notes or the date fixed for any prepayment (in whole or in part) of the Notes will not be a Business Day, then payment of such principal of, and interest and any applicable Make-Whole Amount, Yield Protection Amount, Special Yield Protection Amount or Breakage Amount on, the Notes need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the date of maturity or the date fixed for such prepayment; provided any such delayed payment includes interest accrued to date of payment. Each holder of a Note, by its acceptance of such Note, agrees that (i) the Trustee, in its individual capacity, shall not be liable to the holder of any Note for any amounts payable under any Note or this Indenture, and (ii) the Trustee, in its individual capacity, shall not have any liability under this Indenture, except as provided herein. None of the Notes may be prepaid except as required or permitted by Section 3.4, Section 3.5 or Section 7.2.
Payment by Issuer. Save in respect of each Class Z Variable Funding Note where Santander UK plc is the sole Class Z Variable Funding Noteholder and has elected pursuant to Clause 6.1(b) above to receive amounts directly from the Issuer, the Issuer shall, not later than 11.00 a.m. (London time) on each Interest Payment Date on which any payment of principal and interest in respect of any Series and Class of Notes becomes due, pay or cause to be paid to the Principal Paying Agent such amounts in sterling, dollars or euro, as the case may be, in immediately available funds as may be required for the purpose of paying principal or interest under such Series and Class of Notes (after taking account of any cash then held by the Principal Paying Agent and available for that purpose) and such amounts shall be paid to the credit of suitably designated accounts at such bank or banks in London for payment to the Noteholders as shall be notified to the Issuer by the Principal Paying Agent in writing no later than two weeks before the first payment is due to be made to the Noteholders of such Series and Class. The Principal Paying Agent shall notify the Issuer and/or the Note Trustee in writing within five Business Days of any change of those accounts, or any of them, and (i) upon the bankruptcy, insolvency, winding up or liquidation (other than the passing of any resolution by any Paying Agent in connection with any merger, conversion, consolidation, or transfer as contemplated by Clause 12.11) of the Principal Paying Agent or (ii) upon default being made by any Paying Agent in the payment of any amounts in respect of principal or interest in accordance with this Agreement or (iii) failing payment within the designated periods of prescription specified in Condition 7, the Principal Paying Agent shall hold all payments on trust for repayment to the Issuer.
Payment by Issuer. (a) The Issuer must, at the direction of the Trust Manager, by not later than 10.00 am (New York time) on each Payment Date on which a payment is due in respect of the Offshore Bonds, in accordance with the Conditions, pay to or to the order of, or procure payment to or to the order of, the Principal Paying Agent the amount in immediately available funds in US$ or EURO (as the case may be) as is required to be paid on that date for the purposes of such payment.
Payment by Issuer. Subject to clause 3.8, the Issuer must on each Distribution Date, pay to or to the order of the
Payment by Issuer. Not later than 10:00 a.m. (Frankfurt time) on the respective due date for the payment of principal, interest or otherwise, the Issuer shall pay to the Paying Agent in same day funds the monies required for the payment of principal, interest or otherwise in such currency as at the time of payment shall be legal tender in the Federal Republic of Germany. The Issuer shall confirm to the Paying Agent not later than 10:00 a.m. (Frankfurt time) on the second banking day in Frankfurt am Main before the respective due date for any such payment that it has issued irrevocable payment instructions for such payment to be made. The Paying Agent shall contact the Issuer not later than ten banking days before the respective due date with regard to such payment. Any payment hereunder shall be made to a redemption account in Frankfurt am Main as the Paying Agent may from time to time notify to the Issuer. Such redemption account will bear no interest. As used in this Agreement, "banking day" means any day on which banks are open for business in Frankfurt am Main.
Payment by Issuer. The Issuer shall pay all amounts due with respect to the Notes (without any presentment of any such Notes and without any notation of such payment being made thereon) in lawful money of the United States of America to the Trustee as provided for in this Indenture. In any case where the date of maturity of principal of, and interest on, the Notes or the date fixed for any prepayment (in whole or in part) of the Notes is not a Business Day, then payment of such principal of, and interest on, the Notes need not be made on such date but in no event shall be made later than the next succeeding Business Day with the same force and effect as if made on the Interest Payment Date, Maturity Date or the date fixed for such prepayment. Each Owner agrees that the Trustee, in its individual capacity, shall not be liable to the Owner of any Note for any amounts payable under any Note or this Indenture. The Notes may be prepaid at any time without premium or penalty.
Payment by Issuer. The Issuer shall, with the assistance of and, at the direction of the Manager, not later than 10.00am (New York time) in the case of the Class A[ ] Notes [or 10.00am (London time) in the case of the Class A[ ] Notes] on each Payment Date, pay to or to the order of, or procure the transfer to a non interest bearing trust account or accounts in the name of the Issuer as notified by the Principal Paying Agent to the Issuer and the Note Trustee in same day funds the amount in the Relevant Class A Currency as may be required (after taking account of any cash then held by the Principal Paying Agent and available for the purpose) to be made on each Class of Class A Offered Notes on that Payment Date under the Supplementary Bond Terms Notice and the Conditions.
