Common use of Payment Agreements for TCPL Sub Notes Clause in Contracts

Payment Agreements for TCPL Sub Notes. Notwithstanding anything contained herein, the Issuer may enter into an agreement with a Holder of TCPL Sub Notes or with the Person for whom such Holder is acting as nominee providing for the payment to such Holder of the principal, interest, redemption price, if any, on such TCPL Sub Notes, together with any other amounts payable with respect thereto, at a place or places other than the place or places specified herein and in such TCPL Sub Notes as the place or places for such payment. Any payment of the principal, interest, redemption price, if any, on any such TCPL Sub Notes, together with any other amounts payable with respect thereto, at such other place or places pursuant to such agreement shall, notwithstanding any other provision of this Indenture, be valid and binding on the Issuer, the Trustee and such Holder of TCPL Sub Notes. The Issuer shall provide written notice to the Trustee of the existence and terms of any payment agreement between the Issuer and any Holder.