Common use of Payment Initiation Clause in Contracts

Payment Initiation. Where payment is to be made by transfer to a Registered Account, payment instructions of available fund (for value on the due date or, if that is not a Business Day, for value on the first following day which is a Business Day) will be initiated on the Business Day on which the relevant Certificate is surrendered at the Designated Hong Kong Address.

Payment Initiation. Where payment is to be made by transfer to a Registered Accountregistered account, payment instructions of available fund (for value on the due date or, if that is not a Business Day, for value on the first following day which is a Business Day) will be initiated on the Business Day on which the relevant Certificate is surrendered at the Designated principal office of the Issuer in Hong Kong AddressKong.

Payment Initiation. 9727377-v18\HKGDMS Where payment is to be made by transfer to a Registered Accountregistered account, payment instructions of available fund (for value on the due date or, if that is not a Business Day, for value on the first following day which is a Business Day) will be initiated on the due date for payment (or, if it is not a Business Day, the first following day which is a Business Day) or, in the case of a payment of principal, if later, on the Business Day on which the relevant Certificate is surrendered at the Designated Specified Office of the Issuer in Hong Kong AddressKong.

Payment Initiation. Where payment is to be made by transfer to a Registered Accountregistered account, payment instructions of available fund (for value on the due date or, if that is not a Business Day, for value on the first following day which is a Business Day) will be initiated given and, where payment is to be made by cashiers order, the cashiers order will be mailed on the due day for payment or, in the case of a payment of principal and premium (if any), if later, on the Business Day on which the relevant Bond Certificate is surrendered at the Designated principal place of business in Hong Kong Addressof the Issuer from time to time.