IT TO THE INDENTURE TRUSTEE; AND IN EACH CASE THE INDENTURE
TRUSTEE SHALL MAIL NOTICE OF SUCH APPOINTMENT TO ALL HOLDERS OF THE RELATED
SERIES AS THEIR NAMES AND ADDRESSES APPEAR ON THE REGISTER FOR SUCH SERIES.
(E)
WEST AGREES TO PAY, OR CAUSE TO BE PAID, FROM TIME TO TIME
REASONABLE COMPENSATION TO EACH AUTHORIZED AGENT FOR ITS SERVICES AND TO
REIMBURSE IT FOR ITS REASONABLE EXPENSES TO BE AGREED TO PURSUANT TO SEPARATE
AGREEMENTS WITH EACH SUCH AUTHORIZED AGENT.
Section 2.04
Paying Agent to Hold Money in Trust.
(A)
THE INDENTURE TRUSTEE SHALL REQUIRE EACH PAYING AGENT OTHER THAN
THE INDENTURE TRUSTEE TO AGREE IN WRITING THAT ALL MONEYS DEPOSITED WITH ANY
PAYING AGENT FOR THE PURPOSE OF ANY PAYMENT ON THE NOTES SHALL BE DEPOSITED AND
HELD IN TRUST FOR THE BENEFIT OF THE HOLDERS ENTITLED TO SUCH PAYMENT, SUBJECT
TO THE PROVISIONS OF THIS SECTION.
MONEYS SO DEPOSITED AND HELD IN TRUST SHALL
CONSTITUTE A SEPARATE TRUST FUND FOR THE BENEFIT OF THE HOLDERS WITH RESPECT TO
WHICH SUCH MONEY WAS DEPOSITED.
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(B)
THE INDENTURE TRUSTEE MAY AT ANY TIME, FOR THE PURPOSE OF
OBTAINING THE SATISFACTION AND DISCHARGE OF THIS INDENTURE OR FOR ANY OTHER
PURPOSE, DIRECT ANY PAYING AGENT TO PAY TO THE INDENTURE TRUSTEE ALL SUMS HELD
IN TRUST BY SUCH PAYING AGENT; AND, UPON SUCH PAYMENT BY ANY PAYING AGENT TO THE
INDENTURE TRUSTEE, SUCH PAYING AGENT SHALL BE RELEASED FROM ALL FURTHER
LIABILITY WITH RESPECT TO SUCH MONEYS.
Section 2.05
Method of Payment.
(A)
ON EACH PAYMENT DATE, THE INDENTURE TRUSTEE SHALL, OR SHALL
INSTRUCT A PAYING AGENT TO, PAY, TO THE EXTENT OF THE COLLECTIONS AVAILABLE
THEREFOR, TO THE NOTEHOLDERS OF EACH SERIES ALL INTEREST, PRINCIPAL AND PREMIUM,
IF ANY, ON THE NOTES OF SUCH SERIES; PROVIDED, THAT IN THE EVENT AND TO THE
EXTENT RECEIPT OF ANY PAYMENT IS NOT CONFIRMED BY THE INDENTURE TRUSTEE OR SUCH
PAYING AGENT BY 1:00 P.M. (NEW YORK CITY TIME) ON SUCH PAYMENT DATE OR ANY
BUSINESS DAY THEREAFTER, DISTRIBUTION THEREOF SHALL BE MADE ON THE BUSINESS DAY
FOLLOWING THE BUSINESS DAY SUCH PAYMENT IS RECEIVED; AND PROVIDED FURTHER, THAT
PAYMENT ON A REGULATION S TEMPORARY BOOK-ENTRY NOTE SHALL BE MADE TO THE HOLDER
THEREOF ONLY IN CONFORMITY WITH SECTION 2.05(C) HEREOF.
EACH SUCH PAYMENT ON
ANY PAYMENT DATE OTHER THAN THE LEGAL FINAL PAYMENT DATE WITH RESPECT TO ANY
SERIES OF NOTES SHALL BE MADE BY THE INDENTURE TRUSTEE OR PAYING AGENT TO THE
NOTEHOLDERS AS OF THE RECORD DATE FOR SUCH PAYMENT DATE.
THE FINAL PAYMENT WITH
RESPECT TO ANY NOTE, HOWEVER, SHALL BE MADE ONLY UPON PRESENTATION AND SURRENDER
OF SUCH NOTE BY THE NOTEHOLDER OR ITS AGENT AT THE CORPORATE TRUST OFFICE OR
AGENCY OF THE INDENTURE TRUSTEE OR PAYING AGENT SPECIFIED IN THE NOTICE GIVEN BY
THE INDENTURE TRUSTEE OR PAYING AGENT WITH RESPECT TO SUCH FINAL PAYMENT.
(B)
AT SUCH TIME, IF ANY, AS THE NOTES OF ANY SERIES ARE ISSUED IN THE
FORM OF