Common use of Payments to the Paying Agents Clause in Contracts

Payments to the Paying Agents. 7.1 Issuer to pay the Principal Paying Agent 7.1.1 In order to provide for the payment of interest and principal in respect of the Notes as the same becomes due and payable in accordance with the Conditions and the Trust Deed, the Issuer shall pay to the Principal Paying Agent or otherwise cause the Principal Paying Agent to receive on or before the date on which such payment becomes due, an amount which is equal to the amount of principal and interest then falling due in respect of the Notes on such Interest Payment Date. 7.1.2 The Principal Paying Agent acknowledges and agrees that the Issuer may from time to time arrange for the Currency Swap Provider to pay amounts due by the Currency Swap Provider to the Issuer under the Currency Swap Agreement directly to the Principal Paying Agent to provide for the payment of interest and principal in respect of the Class A1 Notes.

Payments to the Paying Agents. ‌ 7.1 Issuer to pay the Principal Paying AgentAgent‌ 7.1.1 In order to provide for the payment of interest and principal in respect of the Notes as the same becomes due and payable in accordance with the Conditions and the Trust Deed, the Issuer shall pay to the Principal Paying Agent or otherwise cause the Principal Paying Agent to receive on or before the date on which such payment becomes due, an amount which is equal to the amount of principal and interest then falling due in respect of the Notes on such Interest Payment Date. 7.1.2 The Principal Paying Agent acknowledges and agrees that the Issuer may from time to time arrange for the Currency Swap Provider to pay amounts due by the Currency Swap Provider to the Issuer under the Currency Swap Agreement directly to the Principal Paying Agent to provide for the payment of interest and principal in respect of the Class A1 Notes.