Paying Agent and Note Registrar Clause Samples
The "Paying Agent and Note Registrar" clause designates the entities responsible for handling payments to noteholders and maintaining records of note ownership. Typically, the paying agent ensures that interest and principal payments are distributed to the correct parties, while the note registrar keeps an up-to-date register of all noteholders and any transfers of ownership. This clause is essential for ensuring accurate payment processing and clear record-keeping, thereby reducing administrative errors and providing transparency for all parties involved.
Paying Agent and Note Registrar. Initially, the Trustee will act as Paying Agent and Note Registrar. The Company may change any Paying Agent or Note Registrar upon written notice thereto. The Company, any Subsidiary or any Affiliate of any of them may act as Paying Agent, Note Registrar or co-registrar.
Paying Agent and Note Registrar. The Issuer initially appoints U.S. Bank Trust Company, National Association, in New York as Paying Agent and Note Registrar. The Issuer may change any Paying Agent or Note Registrar without prior notice to the Holders. The Issuer or any of its Subsidiaries may act as Paying Agent, Note Registrar or co-registrar.
Paying Agent and Note Registrar. Initially, ▇▇▇▇▇ Fargo Bank, National Association (the “Trustee”) shall act as Paying Agent and Note Registrar. The Company may change any Paying Agent or Note Registrar upon written notice thereto and without notice to the Holders. The Company may act as Paying Agent, Note Registrar or co-registrar.
Paying Agent and Note Registrar. The Issuer initially appoints ▇▇▇▇▇ Fargo Bank, National Association, as Paying Agent and Note Registrar. The Issuer may change any Paying Agent or Note Registrar upon written notice thereto. The Issuer, any Subsidiary or any Affiliate of any of them may act as Paying Agent, Note Registrar or co-registrar.
Paying Agent and Note Registrar. Initially, The Bank of New York Mellon, a New York banking corporation (the “Trustee”) will act as Paying Agent and Note Registrar. The Issuer may change any Paying Agent or Note Registrar upon written notice thereto. The Co-Issuers, any Subsidiary or any Affiliate of any of them may act as Paying Agent, Note Registrar or co-registrar.
Paying Agent and Note Registrar. Initially, The Bank of New York Mellon, the Trustee under the Supplemental Indenture, will act as Paying Agent and Note Registrar. The Issuers may change any Paying Agent or Note Registrar without notice to any Holder. The Issuers or any of their Subsidiaries may act in any such capacity.
Paying Agent and Note Registrar. Initially, Wilmington Trust, National Association (the “Trustee”) shall act as Paying Agent and Note Registrar. The Issuers may change any Paying Agent or Note Registrar upon written notice thereto and without notice to the Holders. The Issuers may act as Paying Agent, Note Registrar or co-registrar.
Paying Agent and Note Registrar. The Issuer initially appoints Computershare Trust Company, N.A., in New York as Paying Agent and Note Registrar. The Issuer may change any Paying Agent or Note Registrar without prior notice to the Holders. The Issuer or any of its Subsidiaries may act as Paying Agent, Note Registrar or co-registrar.
Paying Agent and Note Registrar. Initially, WILMINGTON TRUST, NATIONAL ASSOCIATION, a national banking association (the “Trustee”), will act as Paying Agent and Note Registrar. The Issuer may appoint and change any Paying Agent, Note Registrar or co-registrar without notice.
Paying Agent and Note Registrar. Initially, U.S. Bank National Association, the Trustee under the Indenture, shall act as Paying Agent and Note Registrar. The Company may change any Paying Agent or Note Registrar without notice to any Holder. The Company or any of its Consolidated Subsidiaries may act in any such capacity.