Principal Paying Agent's records Sample Clauses
The 'Principal Paying Agent's records' clause establishes that the records maintained by the principal paying agent are the authoritative source for information regarding payments, transactions, and other relevant details under the agreement. In practice, this means that if there is any dispute or uncertainty about payment amounts, dates, or recipients, the records kept by the principal paying agent will be used as the definitive reference. This clause ensures clarity and reduces the potential for disagreements by designating a single, reliable set of records as the official account of payment-related matters.
Principal Paying Agent's records in the case of the Principal Paying Agent, deliver to the Issuers and the Guarantor and to its successor a copy, certified as true and up-to-date by an officer or authorised signatory of the Principal Paying Agent, of the records maintained by it in accordance with Clause 8.1 (Records);