Common use of Reimbursement by Principal Paying Agent Clause in Contracts

Reimbursement by Principal Paying Agent. ‌ If a Paying Agent other than the Principal Paying Agent makes any payment in accordance with Clause 7.1 (Payments in respect of the Notes): (a) it shall notify the Principal Paying Agent of the amount so paid by it, and the serial number and principal amount of each Note Certificate; or (b) subject to and to the extent of compliance by the Issuer with Clause 6.1 (Issuer to pay Principal Paying Agent) (whether or not at the due time), the Principal Paying Agent shall pay to such Paying Agent (if any) out of the funds received by it under Clause 6.1 (Issuer to pay Principal Paying Agent), by credit transfer in Sterling and in freely transferable, cleared funds to such account with such bank as such Paying Agent has by notice to the Principal Paying Agent specified for the purpose, an amount equal to the amount so paid by such Paying Agent.

Reimbursement by Principal Paying Agent. ‌ If a Paying Agent other than the Principal Paying Agent makes any payment in accordance with Clause Clause 7.1 (Payments in respect of the NotesNotes ): (a) it shall notify the Principal Paying Agent of the amount so paid by it, and the serial number and principal amount of each Note Certificate; or (b) subject to and to the extent of compliance by the Issuer with Clause 6.1 (Issuer to pay Principal Paying Agent) (whether or not at the due time), the Principal Paying Agent shall pay to such Paying Agent (if any) out of the funds received by it under Clause 6.1 (Issuer to pay Principal Paying Agent), by credit transfer in Sterling and in freely transferable, cleared funds to such account with such bank as such Paying Agent has by notice to the Principal Paying Agent specified for the purpose, an amount equal to the amount so paid by such Paying Agent.

Reimbursement by Principal Paying Agent. ‌ If a Paying Agent other than the Principal Paying Agent makes any payment in accordance with Clause Clause 7.1 (Payments in respect of the NotesNotes ): (a) it shall notify the Principal Paying Agent of the amount so paid by it, and the serial number and principal amount of each Note Certificate; or (b) subject to and to the extent of compliance by the Issuer with Clause 6.1 (Issuer to pay Principal Paying Agent) (whether or not at the due time), the Principal Paying Agent shall pay to such Paying Agent (if any) out of the funds received by it under Clause 6.1 (Issuer to pay Principal Paying Agent), by credit transfer in Sterling and in freely transferable, cleared funds to such account with such bank as such Paying Agent has by notice to the Principal Paying Agent specified for the purpose, an amount equal to the amount so paid by such Paying Agent.