Issuer: SIGNUM FINANCE CAYMAN LIMITED - Irish Stock Exchange
Issuer: SIGNUM FINANCE CAYMAN LIMITED - Irish Stock Exchange
Issuer: SIGNUM FINANCE CAYMAN LIMITED - Irish Stock Exchange
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“MAJOR” Programme Prospectus: Signum Finance Cayman Limited Series: 2007-06<br />
necessary) on each Business Day thereafter until the fifth following<br />
Business Day, the Disposal Agent will attempt to obtain such<br />
quotations from at least five dealers. If the Disposal Agent is able to<br />
obtain at least two such quotations on the same Business Day, the<br />
Disposal Agent will sell the Assets at the highest quotation obtained<br />
and will transfer the proceeds to the <strong>Issuer</strong> on the relevant settlement<br />
date. Notwithstanding any provision to the contrary, the sale of any<br />
Assets by the Disposal Agent, shall be subject to any black-out period<br />
(or other limitation) affecting sales or issuances of debt obligations of<br />
the Goldman Sachs Group, Inc. (or any members of its group of<br />
companies) which the Disposal Agent is required to observe through<br />
internal or external regulatory or compliance rules or guidelines.<br />
Pursuant to this Condition 5.7 Goldman Sachs International, or any of<br />
its affiliates, may provide one of the firm bid quotations for the Assets;<br />
and<br />
(ii) if the Disposal Agent is unable to obtain at least two quotations on<br />
the same Business Day in accordance with paragraph (i) above then<br />
it shall, acting in a commercially reasonable manner, acting as broker<br />
on behalf of the <strong>Issuer</strong> sell the Assets at the highest quotation<br />
obtained on the next following Business Day.”<br />
Clause 40.1(a) of the Agency Terms shall be deemed to be deleted<br />
and replaced with the provisions set out in Condition 5.7 (as specified<br />
above) which shall apply mutatis mutandis.<br />
Mandatory Redemption<br />
Date:<br />
For the purposes of Condition 5 of the Notes, the Mandatory<br />
Redemption Date in respect of the Notes shall be the date falling five<br />
Business Days following the disposal of the Assets by the Disposal<br />
Agent in accordance with paragraph 4(h) above, or, if later, the fifth<br />
Business Day following the Settlement Rate Valuation Date.<br />
5 Options<br />
(a) MTM Trigger Contracts None.<br />
(b) MVA Factor Not Applicable.<br />
(c) NAA Factor Not Applicable.<br />
(d) BIE Option Not Applicable.<br />
(e) <strong>Issuer</strong> Call Option Not Applicable.<br />
(f) Noteholder Put Option Not Applicable.<br />
(g) TTA Option Not Applicable.<br />
6 Standard CLN Terms Product Supplement<br />
(a) Transaction Type: Single Name.<br />
(b) Reference Entity Type: Sovereign - America - Emerging Market - Latin America.<br />
(c) Settlement Method: Physical Settlement<br />
London/011/001894-00545/JBH/RTM AMSI(LDNWK16317) 11 L_LIVE_EMEA1:4955739v5