Common use of Payment to the Principal Paying Agent Clause in Contracts

Payment to the Principal Paying Agent. 4.1 The Issuer or, failing the Issuer, the Guarantor shall, by no later than 10.00 a.m. (London time) on the day on which any payment of principal, premium or interest in respect of any of the Notes becomes due under the Conditions, transfer to an account specified by the Principal Paying Agent such amount of Pounds Sterling as shall be sufficient for the purposes of the payment of principal, premium and/or interest in immediately available funds.

Appears in 2 contracts

Samples: Paying Agency Agreement, Paying Agency Agreement

AutoNDA by SimpleDocs

Payment to the Principal Paying Agent. 4.1 The Issuer or, failing the Issuer, the Guarantor shall, by no later than 10.00 a.m. midday (London time) on the day on which any payment of principal, premium or interest in respect of any of the Notes becomes due under the Conditions, transfer to an account specified by the Principal Paying Agent such amount of Pounds Sterling as shall be sufficient for the purposes of the relevant payment of principal, premium and/or interest in immediately available funds.

Appears in 1 contract

Samples: Paying Agency Agreement

Payment to the Principal Paying Agent. 4.1 The Issuer or, failing the Issuer, the Guarantor shall, by no later than 10.00 a.m. (London time) (or by such earlier time as may be determined by the Principal Paying Agent in its absolute discretion) on the day on which any payment of principal, premium or interest in respect of any of the Notes becomes due under the Conditions, transfer to an account specified by the Principal Paying Agent such amount of Pounds Sterling pounds sterling as shall be sufficient for the purposes of the payment of principal, premium and/or interest in immediately available funds.

Appears in 1 contract

Samples: Version Paying Agency Agreement

AutoNDA by SimpleDocs

Payment to the Principal Paying Agent. 4.1 The Issuer or, failing the Issuer, the Guarantor shall, by no later than 10.00 a.m. (London time) on one Business Day prior to the day on which any payment of principal, premium or interest in respect of any of the Notes Securities becomes due under the Conditions, transfer to an account specified by the Principal Paying Agent such amount of Pounds Sterling euro as shall be sufficient for the purposes of the payment of principal, premium and/or interest in immediately available funds.

Appears in 1 contract

Samples: Paying Agency Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.