Paying Agent definition

Paying Agent means any Person authorized by the Company to pay the principal of or any premium or interest on any Securities on behalf of the Company.
Paying Agent means the Indenture Trustee or any other Person that meets the eligibility standards for the Indenture Trustee set forth in Section 6.11 of the Indenture and is authorized by the Issuer to make the payments of principal of or interest on the Notes on behalf of the Issuer.
Paying Agent means any Person authorized by the Company to pay the principal of (and premium, if any) or interest on any Debt Securities on behalf of the Company.

Examples of Paying Agent in a sentence

  • Any Paying Agent, Registrar or Custodian may do the same with like rights and duties.

  • The Borrower hereby appoints the Bank as the Loan Agent and appoint the Loan Agent as a Paying Agent for payments on the Secured Loans and to maintain the Loan Register as set forth in Section 8.15.

  • The Paying Agent will return to the Company, as soon as practicable, any money not required for such purpose.

  • If the Company fails to maintain a Registrar, Paying Agent or Conversion Agent, then the Trustee will act as such and will receive compensation therefor in accordance with this Indenture and any other agreement between the Trustee and the Company.

  • Subject to applicable unclaimed property law, the Trustee, the Collateral Agent, the Paying Agent and the Conversion Agent will promptly notify the Company if there exists (and, at the Company’s request, promptly deliver to the Company) any cash, Conversion Consideration or other property held by any of them for payment or delivery on the Notes that remain unclaimed two (2) years after the date on which such payment or delivery was due.


More Definitions of Paying Agent

Paying Agent has the meaning provided in Section 2.03.
Paying Agent shall have the meaning specified in Section 4.02.
Paying Agent means any Person authorized by the Issuer to pay the principal of (and premium, if any) or interest on any Note on behalf of the Issuer.
Paying Agent means any Person authorized by the Company to pay the principal of (and premium or Make-Whole Amount, if any) or interest on any Securities or coupons on behalf of the Company.
Paying Agent means any paying agent or co-paying agent appointed pursuant to Section 5.9 and shall initially be the Bank.
Paying Agent. Any paying agent appointed pursuant to Section 3.08.
Paying Agent. Any paying agent appointed pursuant to Section 5.05.
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