Common use of Recording of payments Clause in Contracts

Recording of payments. Upon any payment being made in respect of the Securities represented by this Global Security, the Issuer shall procure that details of such payment shall be entered in Schedule 1 (Payments, Exchange against Temporary Global Security,

Recording of payments. Upon any payment being made in respect of the Securities represented by this Temporary Global Security, the Issuer shall procure that details of such payment shall be entered in Schedule 1 (Payments, Exchange against and Cancellation of Securities) hereto and, in the case of any payment of principal, the principal amount of the Securities represented by this Temporary Global Security,Security shall be reduced by the principal amount so paid.