Examples of Italian Paying Agent in a sentence
The relevant Issuer (or, in default, the Guarantor, where applicable) shall pay to any Italian Paying Agent (where the Italian Paying Agent is not Mediobanca) such fees as may be agreed between the relevant Issuer, the Guarantor (where applicable) and such Italian Paying Agent in respect of its services hereunder (plus any applicable value added tax).
Investors in Italy may confer on the Italian Paying Agent a specific mandate empowering the latter to act in its own name and on behalf of the same investors.
The Issuers, the Guarantor and the Fiscal Agent agree to the appointment of the Italian Paying Agent in relation to Dematerialised Instruments where transfer and exchange of such Dematerialised Instruments will take place through the book-entry system managed by Monte Titoli for the purposes specified in this Agreement and in the Conditions and all matters incidental thereto.
The Italian Paying Agent accepts its appointment as agent of the Issuers and the Guarantor in relation to the Dematerialised Instruments and shall perform all matters expressed to be performed by it in, and otherwise comply with, the Conditions and the provisions of this Agreement and, in connection therewith, shall take all such action as may be incidental thereto.
The Fiscal Agent or, with respect to Dematerialised Instruments, the Italian Paying Agent acknowledges that a duly executed original of each Deed of Covenant and Deed of Guarantee have been deposited with and are held by it to the exclusion of the relevant Issuer and, where applicable, the Guarantor and that each Accountholder (as defined in the Deeds of Covenant) is entitled to production of such originals.
The Italian Paying Agent accepts its appointment as agent of the Issuers and the Guarantor in relation to the Italian Dematerialised Securities and shall perform all matters expressed to be performed by it in, and otherwise comply with, the Conditions and the provisions of this Agreement and, in connection therewith, shall take all such action as may be incidental thereto.
The Fiscal Agent or, with respect to Dematerialised Instruments, the Italian Paying Agent shall provide, at the request and expense of each Accountholder (as defined in the Deeds of Covenant), certified copies of each Deed of Covenant and the Deed of Guarantee.
The Fiscal Agent or, with respect to Dematerialised Instruments, the Italian Paying Agent, shall immediately notify the relevant Issuer and, where applicable, the Guarantor of any notice delivered to it including, without limitation, those declaring any Note due and payable by reason of an Event of Default or requiring any breach of any provision of this Agreement or the Conditions applicable to any Tranche of Notes to be remedied.
Each Paying Agent, on behalf (and at the request and expense) of the Fiscal Agent or, with respect to Italian Dematerialised Securities, the Italian Paying Agent, shall make all necessary notifications and filings as may be required from time to time in relation to the issue, purchase and settlement of Securities by all applicable laws, regulations and guidelines.
The Fiscal Agent or, with respect to Italian Dematerialised Securities, the Italian Paying Agent, shall immediately notify the relevant Issuer and, where applicable, the Guarantor of any notice delivered to it including, without limitation, those requiring any breach of any provision of this Agreement or the Conditions applicable to any Tranche of Securities to be remedied.