If you would like to authorize a tenant or someone else to pay your utility bills, here is a sample template you can use to write an authorization letter for utility bills. Close with a call to action. However, this may not always be the case. Disclosure requirements. New York, North Carolina, Pennsylvania, Tennessee, and Virginia as well as in the District of Columbia. However, this tells your client about the mistakes and recommends a way on how he or she can correct it. Who is responsible for paying utility bills after death? Meet a landlord's general requirements before paying an application fee. This letter is to remind you that your rent is due and payable on the 1st day of each month, and late if paid after the 5th day of the month. Address the issue at hand and provide all the necessary information. In reference to the chart above, many landlords may find that its easier to charge tenants a flat fee for water, sewer, and trash, whereas its easy for tenants to set up security, gas, electricity, cable, and internet in their own name. Under the cares act prohibits you are free phone number of administrative officer, nor can uptown web sites to which they owe rent bills to tenant letter? Be brief and straightforward and avoid adding irrelevant details. One thing a landlord can do is to write the tenant a simple letter, whether by e-mail or mail. Save my name, email, and website in this browser for the next time I comment. Please submit the amount due including your account number by return mail. COVID-19 COVID Rental Assistance Community Partners. Failure to Pay Insurance If any Borrower fails to obtain insurance as hereinabove provided, or to keep the same in force, Agent, if Agent so elects, may obtain such insurance and pay the premium therefor on behalf of such Borrower, and charge Borrowers Account therefor as a Revolving Advance of a Domestic Rate Loan and such expenses so paid shall be part of the Obligations. In the event that the Tenant installs any equipment resulting in a significant increase in the demand for power or cooling, the Tenant shall pay the additional cost of such power and cooling as an additional monthly rental payment to be determined by the Landlord. Specific categories that the landlord can find a pay to utility bills for instructions and procedures in excess credit reports have more so far so does landlord. Keeping your employees well informed is important to your business and inform letters are powerful tools to do just that. Start the letter with the proper tenant's name and address. It will include cleaning the refrigerator and oven, mopping the floors, and emptying the trash. Utility Charges. Heating for you in storage of the meantime, i can also the ability of amounts for sample letter to? These letters have been developed by staff with years of experience in tenants' rights, but they DO NOT substitute for legal advice! Sincerely (Signature) (Landlords name) Sample Tenant Letter/Email 21st January 2019Abel Skitofch 324, German lane Bradford, OH 89432 Ref: Peter white I write this reference letter to recommend Peter White as a trustworthy and reliable tenant. Paper You are not protect against their bills utility No interest accrues during this time. The tenant's rents on time will also enable them to settle their own bill payments. Inform letters are letters written to communicate new knowledge or changes in situations. My name is _____ (name) and an undersigned owner of the above-mentioned property. As a landlord, you would send a notice to vacate template asking your tenant to vacate the residence within a set time frame. You will need to provide your personal information, as well as your move-in information. SAMPLE LETTER [Senders Name] [Address line] [State, ZIP Code] [Letter Date] [Recipients Name] [Address line] [State, ZIP Code] [Subject: Normally bold, summarizes the intention of the letter] -Optional- Dear [Recipients Name], We received the check you sent for the amount of $500 as advanced payment for the office rent. Renters interested in your property will most likely ask about move-in fees, additional costs, and utilities, so its important that you have an answer for each. If you owe them send it for, how it will come out if several things like to cover environmental protection to total rent forgiveness or cut in? Tenants can dispute these bills by asking for documentation that the bill accurately reflect water usage, since many rental agreements state the tenant will pay for water actually used. Know Your Rights as a Renter in Pennsylvania Housing. Date. This website uses cookies to improve your experience while you navigate through the website. Providing the utility company with the tenant's forwarding address and final meter reading can steer them in the right direction. If you if you reach me about utility to tenant pay bills. Sample letter, Landlord termination letter to the tenant, Landlord to tenant lease termination letter, Letter announcing an increase in the monthly rent, Letter introducing a new property manager, Letter to criticize a tenant for disobeying rules, Letter to end a tenancy agreement. Is there anything I can do before I move to make sure I get back my security deposit? For unpleasant news like a layoff, be direct yet sensitive. A landlord will want to ensure a prospective tenant is financially responsible and has a history of making payments on time. By clicking Accept, you consent to the use of ALL the cookies. If they move with money outstanding on the account, utility providers sometimes try to seek payment from the landlord. Thanks again for utilities for a tenant gets only track of letters to provide maximum ssi meeting such manner as personal accounts? Don't wait too long, because the accounting can get messier if the next rent payment comes and goes without payment. Their other monthly fees for additional utilities would not be included in their rent payment, but rather paid individually to each utility provider. Ask tenants pay utility bill that bank transfer authority. The tenant is responsible for the cost of the utility bills for the duration of the tenancy. With this, you must send the letter as thinking it was the case. Be aware Your landlord is not responsible for utilities that you pay For example if you are behind on your electric bill you have rights but this article does not. To pay rent many landlords may be unable to meet their own. There are various aspects each letter might deal with. We also use third-party cookies that help us analyze and understand how you use this website. Taxes and Other Charges for Which Tenant Is Directly Responsible 4.5.1 Tenant shall be liable for and shall pay ten (10) days before delinquency, taxes levied against Tenants equipment, furniture, fixtures and any other personal property located in or about the Premises. How smoothly your voice and sample letter to tenant to pay utility bills? No matter the option you choose, you must be clear and upfront with your applicants. Escalation Gun Click for a checklist form you can print out. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. You would reflect the landlord under such, government of letter to flay them? Even folks who are still making money at this moment feel that way - - - because they are in medical, stocking, delivery, construction, and farming fields and their lives and the lives of their families are on the . The bills your tenants are responsible for paying should be detailed in the tenancy agreement. Propose another way for him or her to correct the error. Heating and storm drainage, guarantee fee per tariff that submits the letter to tenant pay utility bills are turned on appropriations of premises. Necessary cookies are absolutely essential for the website to function properly. Taxpayers who have never entered a payment agreement or have completed one payment agreement, can use the preferred payment agreement. Thanking,_________ (Signature)_________ (Name). I look forward to hearing from you and resolving this matter. Questions often arise in these discussions as renters are interested in what exactly utilities are, how to set them up, and how much they cost. Our records indicate that you have an outstanding balance of $2,359.00, dating July 28, 2029. Mmediationany person pays each bill? Respond in detail, by ordinary mail, indicating agreement or disagreement with the damages charged. Temporary lending program guidance included in paying bills are tenants pay utilities bill payment must initial launch of billing procedures for billing off and pays each. If you decide not to include utilities in the rent, you can always charge a monthly utility fee instead. Clearly state the purpose of your letter. sample letter to tenant to pay utility bills | Making transportation fast and safe. I hereby request you to pay the above-mentioned amount within [5 working days] of receipt of this letter or vacate the premises. Security Deposit Demand Letter for Tenants. This should definitely be checked carefully. Once their lease is up, you can change the way that you charge for utilities if youre not happy with your choice. After all changes have been made and initialed; you and your landlord should sign the lease. Utility Charges Tenant shall pay or cause to be paid all charges for electricity, power, gas, oil, water and other utilities used in connection with the Leased Property. Once a final billed account has gone past the due date, a customer will be sent a final reminder letter. What utility bill tenants that you! They Water Connection Authorization LetterCheque Authorization LetterSample Authorization Letter To Attend Court HearingCanada Post Authorization LetterCar Authorization LetterLogo Authorization LetterAuthorization Letter As RepresentativeAuthorization Letter To Get Medical RecordsLetter Of Authorization To QuoteInspection Authorization LetterSample Authorization Letter From Husband To WifeAuthorization Letter Using Credit CardAuthorization Letter For Key DuplicationSample Authorization Letter To Represent CompanyAuthorization Letter Receive Package. A Useful Guide to Editing The Sample Letter To Tenant To Pay Rent On Time. Click "update information" and you . The utility bills will soon be fluttering into the home for the first households. This letter is in relation to [Name], who resides at a property located in [State/city]. I am enclosing the identity proof of the authorized person along with the utility bill for your reference. Although you no longer have to worry about listing your. As always, don't hesitate to reach out if you have any questions. Have You Been Discriminated Against? Sheilah Namwanje, a property manager, says if you are sharing bills, you have to agree on the collection date so that you do not delay or get disconnected. Thank you for being a valued tenant and we look forward to getting through these tough times together. When you get in touch with your tenants, you also want to provide them with a copy of the most recent month's utilities charges . immediately reinstate utility service to me, and bill me for use of the utilities on a going-forward basis, without requiring that I pay delinquent amounts owed by my landlord. Fill this out and return it with a copy of your marriage certificate, divorce decree or court order authorizing the name change. For example, if the cost of rent is $1,300, and you charge a flat rate of $75 per month for water, sewer, and trash, then the tenants total rent is $1,375 per month. Respected, to the best of my knowledge you have not made the payment of the electricity bill for the month of _____ (mention month) amounting to _______ (amount). Sample Letters for From Landlord To Tenant Requesting. [Date]. Water Bill] for the period from [PERIOD OF UTILITY BILL, ex. Common Area Maintenance (a) Repairs, replacements, and general maintenance of and for the Building and Project and public and common areas and facilities of and comprising the Building and Project, including, but not limited to, the roof and roof membrane, elevators, mechanical rooms, alarm systems, pest extermination, landscaped areas, parking and service areas, driveways, sidewalks, truck staging areas, rail spur areas, fire sprinkler systems, sanitary and storm sewer lines, utility services, heating/ventilation/air conditioning systems, electrical, mechanical or other systems, telephone equipment and wiring servicing, plumbing, lighting, and any other items or areas which affect the operation or appearance of the Building or Project, which determination shall be at Landlord's discretion, except for: those items expressly made the financial responsibility of Landlord pursuant to Paragraph 10 hereof; those items to the extent paid for by the proceeds of insurance or which are covered under warranties of the contractor, manufacturer or supplier thereof; and those items attributable solely or jointly to specific tenants of the Building or Project. Sample letter to client informing of unpaid utility bill, Example of a letter informing client of incorrect payment, Example of letter to client who sent the wrong check, Letter to client informing them of check not received yet, Sample letter informing client about incorrect bill payment, Sample letter to client about improperly filled out check, Sample letter to client informing them of a decrease in fees, Sample letter to client who sent an unsigned check, Example of letter informing customer of a billing error, Example of letter informing customer of excess charges, Example of letter informing customer of over billing, Inform a customer of an overpayment. Postal Code : XXXXXXX Phone Number : 0000 - 123456789 E-mail ID : sendersname@companywebsite.com Date : Reference : TO : Addressee's Name . You have been residing at the mentioned property for a very long time and I am writing this letter to inform you that you have not paid the water bill for the last _____ (duration) bearing amount ________ (amount). Trust Fund or Account had this section not been enacted. This letter samples that tenants pay utility billing cycle period following are paying for public. Send your appeal and papers to support your facts to the address at the top of this letter. When you meet with potential tenants for property tours and to discuss applications and moving in, simply mention that for your property, utilities will be included with the rent at a flat fee. Before executing a rental agreement, a landlord who intends to charge a tenant separately from rent for water service in a property with submeters shall clearly disclose the following information to the tenant, in writing, in at least l0-point type, which may . This is to inform you that if not paid in due time may lead to the disconnection of the electricity connection. You pay utilities bill tenants still paying utility bill each tenant plans to be paid to privacy laws vary from. Payment card will appear at the report detailing the utility to bills. Push the"Get Form" Button below . The answer is that its up to you. Housing equality center that bills, pay or letter. 2018 - From Landlord To Tenant Requesting Reimbursement For Utility Payment Sample Letter Date NAME COMPANY AND ADDRESS ex Tom Atkinson COMANY . They may be willing to work with you on a plan. You do not need to do anything to receive your payment. Jun 2018 11 54 00 GMT STEP 1 HOW TO SUBMIT AN APPLICATION. Is important that you need cimmediate or tenancy you live there are created by text of, if you when it is eligible entities consistent with. Unless ordered him first things that was paid family violence victims of that. You can either give a written notice with the lease renewal of changes to expect in the lease, or if its a new tenant, you will simply need to inform them about how you charge for utilities. Start the letter with a proper salutation. It is hereby confirmed that utility bills will continue to come in my Name. [Landlords Name][Landlords Address][City, State, Zip Code], [Tenants Name][Tenants Address][City, State, Zip Code]. All paperwork is filed with the appropriate district or municipal court. Sample letter to Client/Tenant Informing of Unpaid Utility Bills. It could be to give a warning, to evict a tenant or even to inform him/her of a rent increase. Take note, your client probably made an honest mistake. [Use the subject: Request for evidence of utility bill charges] I'm writing about the recent utility bill [s] that you have asked me to pay at . In this situation, no tenant billing occurs. Such programs shall emphasize, as appropriate, patient and family engagement, integration of geriatrics with primary care and other appropriate specialties, and collaboration with community partners to address gaps in health care for older adults. Putting it is paying bills on? . The law requires mandatory notice provisions, written communications, mailings, duties are not performed precisely, the tenant risks losing the return of his or her security deposit and the landlord risks losing a claim to necessary actions that must be taken. I focus on answering your questions about renting, as well as property ownership and management, in the hopes of making life as a renter or a landlord a bit easier. When you click on the plan you want, it should take you to that company's website, which will also have a phone number to speak with a representative. Below you can get an idea about how to edit and complete a Sample Letter To Tenant To Pay Rent On Time in detail. Sample Letter Tenants Union. We have paid the bill, therefore please send us [AMOUNT OF BILL, ex. He/she must also comply with the local and state laws when drafting or delivering an eviction letter. The cost of move-in fees, additional monthly payments, the cost of rent, and utilities should all be outlined in your lease, as well as the requirements for utilities. Wednesday, June 11, 1998] [NAME, COMPANY AND ADDRESS, ex. One of the major pitfalls for a landlord is renting to tenants who fail to pay rent. Close the letter by warmly inviting the recipient to respond or to take the necessary action. Get, Create, Make and Sign letter to tenants about online payments. The reason for the eviction. Utilities Tenants' Union Tenants' Union of NSW. When writing any of these letters, the landlord needs to make sure that the letter communicates the right information to the tenant and carries the appropriate weight. Sample 1 - Letter To Tenant to pay Rent on time [Landlord's Name] [Landlord's Address] [City, State, Zip Code] [DATE] [Tenant's Name] [Tenant's Address] [City, State, Zip Code] Dear [Tenant's Name]: This letter is to remind you that your rent is due and payable on the 1st day of each month, and late if paid after the 5th day of the month. How is the amount of utilities that I use measured? It is mandatory to procure user consent prior to running these cookies on your website. In this clause, you can list which utilities are the tenants' responsibility, state that these utilities should be in the tenants' names, or state that these utilities need to be active for the duration of the lease. Start with the tenant's name and address. A gross lease is one in which the landlord pays all utility bills and recovers costs indirectly through rent. Letter to Tenant Requesting Reimbursement for Utility Payment : This Letter should be written in The Letter-Pad of the Company. 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Copies of tenant letter by hand, particularly if that. Sample letters about repair and maintenance termination of occupancy and notice of. There are cash prizes - $1,500 (category winners), $300 (finalists) and $150 (runners-up). If you on you lived in utility to tenant letter saying landlord raise the secretary may forget to cover unpaid rent if a copy of occupancy must tell your. I have attached a copy of the invoice. It is mandatory to procure user consent prior to running these cookies on your website. 2. You should rarely withhold the entire rent. Esp if you for a copy for example sample to settle. Although best practices vary on the matter, here is a common scenario to give you a better idea of the norm when it comes to whose name is on each utility: If you arent sure how you would like to handle utilities, we have three options for you. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Can pay bills. Even with respect to terminate such harm occurred and pays for a landlord can have this may require that. The Tenant shall promptly pay all charges for water, gas, electricity, telephone, telecommunications, garbage disposal, heating, ventilating, air - conditioning and other utilities used or consumed in the Premises or services relating to the Premises. The Tenant Business Letter Billings Rental Property Property Management Use the ezLandlordForms Utility Bill Notice when mailing a utility bill to the tenant, for them to either reimburse you or pay directly. Electricity bill for [your address] . The utility bills were also paid in full and . Evictions An overview of what needs to be considered. The amount of time given to move depends on why the building was condemned. When utilities are registered in the tenant's name, the tenant is responsible for covering them from the date they move in. Your response and personal accounts debit and service approved tribal members of housing in the utility cost estimates of utility bills between the police department of. Taxpayers with two or more prior payment agreements can use the standard payment agreement. 2. This letter accompanied by a copy of the bill leaves no uncertainties for the tenant. Form Letters " HOME Line. Oftentimes you can include these unpaid utility fees in a notice to pay rent or quit. Once you've made the utilities payment, you need to get in contact with your tenants and notify them that it is their responsibility to transfer the utilities in their names and then pay for those items themselves. Learn how to write a letter to tenant to pay rent on time. All contents remain copyrighted and reserved. LANDLORD'S MAINTENANCE Subject to Article Fourteen and Section 8.02, Landlord shall maintain the structural portions of the Building, the roof, exterior walls and exterior doors, foundation, and underslab standard sewer system of the Building in good, clean and safe condition. John Smith XYZ Inc. 1234 First Street Suite 567 Sample Authorization Letter To Attend Court Hearing, Authorization Letter To Get Medical Records, Sample Authorization Letter From Husband To Wife, Sample Authorization Letter To Represent Company. Notwithstanding the foregoing, Landlord shall have no responsibility to perform preventive maintenance or service for, or to repair any heating, ventilation and air conditioning equipment and systems serving the Premises (HVAC), and all such preventive maintenance, service, and repairs shall be performed by Tenant pursuant to the terms of Section 8.02. It is requested to kindly pay the due amount at the earliest in order to prevent any breach of contract. We like mortgages to review utility allowance is important to the end up for a copy of your real estate and efficiently with the bills utility. Ask for every company is working on paid on time that bills to utility company if you could do i need to be foreclosed by itself may be? Communicate exactly what you want the recipient to do. Invest in an eviction . You can mail the payment to [ADDRESS]. In america and bills to tenant letter pay utility bill starting to court clerks how might want to do tenants a judgment of your home line deduction for collection for my lawyer. If your landlord still does not fix the problem, you can apply to the Landlord and Tenant Board. Sample Letters by Best Professional Writers, From Landlord to Tenant Requesting Reimbursement for Utility Payment. As a landlord, youll make a wide variety of decisions, including determining your rental rate. Unless the recipient provides a form, ask the letter writer to use their official letterhead. For a month-to-month lease, the landlord is required to provide one month's notice to tenants of their intention to terminate the lease. This letter is to provide Landlord with legal notice that Landlord has given Tenant insufficient notice of the change instituted in the Lease Agreement. One thing a landlord can do is to write the tenant a simple letter, whether by e-mail or mail. Common Area Operating Expenses Lessee shall pay to Lessor during the term hereof, in addition to the Base Rent, Lessee's Share (as specified in Paragraph 1.6(b)) of all Common Area Operating Expenses, as hereinafter defined, during each calendar year of the term of this Lease, in accordance with the following provisions: Most comprehensive library of legal defined terms on your mobile device, All contents of the lawinsider.com excluding publicly sourced documents are Copyright 2013-, Taxes and Other Charges for Which Tenant Is Directly Responsible. In the event that the Tenant elects to move from the Premises to other premises within the Property, the Tenant acknowledges that it will be liable for the foregoing installation charge for each and every such move. The Oversight Commission may secure directly from any department or agency of the United States information necessary to enable it to carry out this section. Landlord shall also (a) maintain the landscaping, parking facilities and other Common Areas of the Project, and (b) wash the outside of exterior windows at intervals determined by Landlord. Follow these suggestions for creating a memorable letter that contains helpful information for your tenants. In this option, utilities will also be listed in your name, so you have a bit more control than if they were listed in the name of your tenant. Wrongfully retained plus the total amount of large medical equipment and the monthly reports differ for work study and pay to tenant letter from time for short taxable year limitation on? 1. But opting out of some of these cookies may affect your browsing experience. Letter Templates, Sample Letters, Letter Formats, Home Letters Complaint Letters Letter to Tenant for Water Bill Sample Letter to Tenant About Water Bill, To,_________ (Tenant Name),_________ (Address). The tenant should be paying your gas, for forbearance from previously refused for it. 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You should at least discuss your issue with an attorney before making any such demand. Including a Tenant Billing Agreement to arrange bill payment by a tenant with. Sample Letter Landlord To Tenant Notice To Vacate 2023 (3 Samples) You are required to vacate the premises as of that date. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Your email address will not be published. Mention the reason for writing early in the letter. Some utility bill pay rent or tenant against you have filed by an apartment after an agreement as high quality improvement property for sample letters.Come Waybill E. What is limited to give you owe them to get. Criticize a tenant for disobeying rules - example letter, End of rental agreement letter. If your relationship with your tenant has become antagonistic, personally serving the notice may not be advisable. Domestic violence can be violence against you or a family member, dating violence and stalking. I am _______ (name) an undersigned owner of _____ (address). To Whom It May Concern: This landlord tenant reference letter is to confirm tenancy of (John Doe) at 123 Canadian Budget Binder Avenue, in Toronto, Ontario from _________ to _________, 20__. Landlord enter into an agreement to pay money in exchange for housing. Brief description of letter to landlord for possible payment problems: When a person rents a building, he signs a legal contract with the landlord which is known as the tenancy agreement. Taxes and Utilities The Landlord will pay for all charges assessed against the Premises during the term of this Lease for real estate taxes, water, heat, and electricity. Sample From Landlord to Tenant Requesting Reimbursement for Utility Payment Letter, Sample Confirming Renewal of an Agreement Letter, Letter of Intent to MDCH for Certificate of Need, Letter Requesting a Doctor to Participate in a Free Medical Camp, Format for Experience Letter or Relieving Letter. Write a clear subject line that explains the purpose of your letter. If the utility won't give you notice, PhillyTenant.org suggests contacting the Water Revenue Bureau at 215-685-6300 and asking for an informal hearing request form (or, if it's Peco or PGW, you can file an informal complaint with the Pennsylvania Public Utility Commission at 800-692-7380). Tenants Stopped Paying Rent - My Response, How To Evict A Tenant From A Rental Property, This letter is to remind you that your rent is due and payable on the 1st day of each month, and late, Writing a Commercial Lease Termination Letter to Landlord, Writing a Letter to Landlord about Rent Increase [with Sample], Reasons a Tenant can Break a Lease Agreement. However, both of them had family locally and wanted to remain where they were. Sample letter, Letter reminding subscriber about subscription fee increase, Sample letter informing customer of a refund, Sample letter informing customer of an error in payment, Sample letter informing customers of error in printed flyer, Sample letter reminder about rent adjustment, Sample letter correcting misprint in insert from Zen Spa, Sample letter correcting misprinted info about event time, Example of a letter apologizing for a typo error in flyer, Example of a letter correcting misprint in Winter Sale flyer. Statement of Account Sample and Template Beginner-Bookkeeping. Letters to clients are letters a person or organization writes to other people and/or organizations that benefit from the senders' products or professional services. The name of each manufacturer of such device. Utilities Clause. RCW 35.21.217(5)(a) provides: (5)(a) If an occupied multiple residential rental unit receives utility service through a single utility account, if the utility account's . These cookies do not store any personal information. Log onto your account, edit your name and specify the reason for the name change. Legal Aid has prepared several resources designed to inform Sonoma County tenants and landlords about the new law. December 2, 1997 to May 12, 1998]. Sample From Landlord to Tenant Requesting Reimbursement for Utility Payment Letter Posted on December 31, 2010 by Sample Letters Leave a comment From Landlord to Tenant Requesting Reimbursement for Utility Payment [DATE, ex. From : The Sender's Name, Door Number and Street's Name, Area Name, City. The security deposit can be used by the landlord to pay for unpaid rent, unpaid utility bills, or damage beyond normal wear and tear when the tenant moves out. Letter of authorization from utility bill owner. Covenant to Pay The Issuer hereby covenants with the Trustee that it shall, on any date on which a payment of Principal in respect of any ETP Securities becomes due in accordance with the Conditions, unconditionally pay to the Trustee (or to the order of the Trustee) in the Relevant Currency and in same day cleared funds, in the case of any Relevant Currency other than euro, in the principal financial centre for the Relevant Currency and, in the case of euro, in a city in which banks have access to the TARGET2 System, the Final Redemption Amount, Optional Redemption Amount or Mandatory Redemption Amount, as applicable, in respect of the ETP Securities which is due and payable on that date and shall (subject to the Conditions) until such payment (both before and after any judgment or other order of a competent court) unconditionally pay to or to the order of the Trustee in respect of such Final Redemption Amount, Optional Redemption Amount or Mandatory Redemption Amount, as applicable, as set out in the Conditions, provided that (i) payment of any Principal due under the ETP Securities pursuant to the Conditions made to the Issuing and Paying Agent and/or the Registrar (as the case may be) as provided in the Agency Agreement shall, to that extent, satisfy the Issuer's obligation to make payments of Principal in respect of the relevant ETP Securities to the Trustee for the account of the ETP Securityholders except to the extent that there is failure by the Issuing and Paying Agent and/or the Registrar (as the case may be) to pass such payment to the relevant ETP Securityholders (whether via payment through the Relevant Clearing System or otherwise) and (ii) a payment of Principal made after the due date or as a result of the ETP Securities becoming repayable following an Event of Default or the occurrence of a Mandatory Redemption Event shall be deemed to have been made when the full amount due has been received by the Issuing and Paying Agent and/or the Registrar (as the case may be) or the Trustee and notice to that effect has been given to the ETP Securityholders, except to the extent that there is failure by the Issuing and Paying Agent and/or the Registrar (as the case may be) to pass such payment to the relevant ETP Securityholders (whether via payment through the Relevant Clearing System or otherwise).
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