Common use of Prescription Clause in Contracts

Prescription. 10.01 Subject to applicable law, the Issuer’s obligation to pay an amount of principal and interest in respect of Covered Bonds will cease if the Covered Bonds or Coupons, as the case may be, are not presented within two years after the Relevant Date (as defined in Condition 8.02) for payment thereof.

Appears in 16 contracts

Samples: Agency Agreement, Agency Agreement, Third Amending Agreement

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Prescription. 10.01 Subject to applicable law, the Issuer’s obligation to pay an amount of principal and interest in respect of Covered Bonds will cease if the Covered Bonds or Coupons, as the case may be, are not presented within two years after the Relevant Date (as defined in Condition 8.02) for payment thereof.

Appears in 5 contracts

Samples: First Amending Agreement, Second Amending Agreement, First Amending Agreement

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