Common use of Payments to Holders of Securities Clause in Contracts

Payments to Holders of Securities. Payments by Paying Agents), if a Paying Agent makes a payment in respect of Securities on or after the due date for such payment under the Conditions at a time at which the Fiscal Agent has not received the full amount of the relevant payment due to it under Clause 6.1 (Payments to the Fiscal Agent - Issuer or Guarantor to pay Fiscal Agent) and the Fiscal Agent is not able out of funds received by it under Clause 6.1 (Payments to the Fiscal Agent - Issuer or Guarantor to pay Fiscal Agent) to reimburse such Paying Agent therefor (whether by payment under Clause 7.3 (Payments to Holders of Securities - Reimbursement by Fiscal Agent) or appropriation under Clause 7.4 (Payments to Holders of Securities - Appropriation by Fiscal Agent), the Issuer (failing which, the Guarantor) shall from time to time on demand pay to the Fiscal Agent for account of such Paying Agent:

Payments to Holders of Securities. Payments by Paying Agents), if a Paying Agent makes a payment in respect of Securities on or after the due date for such payment under the Conditions at a time at which the Fiscal Agent has not received the full amount of the relevant payment due to it under Clause 6.1 (Payments to the Fiscal Agent - Issuer or Guarantor to pay Fiscal Agent) and the Fiscal Agent is not able out of funds received by it under Clause 6.1 (Payments to the Fiscal Agent - Issuer or Guarantor to pay Fiscal Agent) to reimburse such Paying Agent therefor (whether by payment under Clause 7.3 (Payments to Holders of Securities - Reimbursement by Fiscal Agent) or appropriation under Clause 7.4 (Payments to Holders of Securities - Appropriation by Fiscal Agent)), the Issuer (failing which, the Guarantor) shall from time to time on demand pay to the Fiscal Agent for account of such Paying Agent: