Common use of Registrar and Transfer Agent, Paying Agent and Calculation Agent Clause in Contracts

Registrar and Transfer Agent, Paying Agent and Calculation Agent. 2.4.1 The Issuer hereby appoints the Trustee as the registrar and transfer agent of the TCPL Sub Notes - Series 2019-A and the Trustee hereby accepts such appointment. 2.4.2 The Issuer confirms that the Issuer will itself act as Paying Agent in respect of the TCPL Sub Notes - Series 2019-A and as the calculation agent to determine the amount of floating rate interest payable on the TCPL Sub Notes - Series 2019-A from and after ·, 2029. All determinations of the Benchmark by the Trust or its designee, in the absence of manifest error, will be conclusive and binding on the Holders.

Registrar and Transfer Agent, Paying Agent and Calculation Agent. 2.4.1 The Issuer hereby appoints the Trustee as the registrar and transfer agent of the TCPL Sub Notes - Series 2019-A and the Trustee hereby accepts such appointment. 2.4.2 The Issuer confirms that the Issuer will itself act as Paying Agent in respect of the TCPL Sub Notes - Series 2019-A and as the calculation agent to determine the amount of floating rate interest payable on the TCPL Sub Notes - Series 2019-A from and after ·September 15, 2029. All determinations of the Benchmark by the Trust or its designee, in the absence of manifest error, will be conclusive and binding on the Holders.