Common use of Confirmation of Payment Instructions Clause in Contracts

Confirmation of Payment Instructions. The Issuer shall ensure that, no later than 10.00 a.m. (Paris time) on the second Paris Business Day prior to any Interest Payment Date or Instalment Date for, or the maturity or other redemption date of, any Note, the bank through which the Issuer is to make such payment shall irrevocably confirm to the Principal Paying Agent by authenticated SWIFT message that it will make such payment.

Appears in 2 contracts

Sources: French Paying Agent Agreement, Paying Agent Agreement

Confirmation of Payment Instructions. The Issuer shall ensure that, no later than 10.00 a.m. (Paris time) on the second Paris Business Day prior to any Interest Payment Date or Instalment Date for, or the maturity or other redemption date of, any Note, the bank through which the Issuer is to make such payment shall irrevocably confirm to the Principal Paying Agent by authenticated SWIFT message that it will make such payment.

Appears in 1 contract

Sources: Paying Agent Agreement