LCP Proudreed PLC - Irish Stock Exchange

(f) any amount raised under any other transaction (including any forward sale or purchase
agreement) having the commercial effect of a borrowing;
(g) any derivative transaction entered into in connection with protection against or benefit from
fluctuation in any rate or price (and, when calculating the value of any derivative transaction,
only the marked to market value shall be taken into account);
(h) any counter-indemnity obligation in respect of a guarantee, indemnity, bond, standby or
documentary letter of credit or any other instrument issued by a bank or financial institution;
and
(i) the amount of any liability in respect of any guarantee or indemnity for any of the items
referred to in paragraphs (a) to (h) above;
‘‘Fitch’’ means Fitch Ratings Ltd. or any successor to its rating business;
‘‘Further Class A Notes’’ has the meaning given to it in Condition 20(a) (Issue of Further Notes –
Issue);
‘‘Further Class B Notes’’ has the meaning given to it in Condition 20(a) (Issue of Further Notes –
Issue);
‘‘Further Class C Notes’’ has the meaning given to it in Condition 20(a) (Issue of Further Notes –
Issue);
‘‘Further Class D Notes’’ has the meaning given to it in Condition 20(a) (Issue of Further Notes –
Issue);
‘‘Further Issue’’ means the issue of Further Notes;
‘‘Further Issue Date’’ means the date on which Additional Notes are issued;
‘‘Further Notes’’ means any further Notes issued pursuant to Condition 20 (Issue of Further Notes,
Replacement Notes and New Notes);
‘‘Further Permanent Global Note’’ means, in respect of each Class of Further Notes, the bearer
permanent global note for that Class of Further Note in or substantially in the form scheduled to the
Note Trust Deed;
‘‘Further Temporary Global Note’’ means, in respect of each Class of Further Notes, the bearer
temporary global note for that Class of Note in or substantially in the form scheduled to the Note
Trust Deed;
‘‘Global Notes’’ means the Permanent Global Note and the Temporary Global Note or, where the
context requires, any of them, plus any Further Permanent Global Notes, any Further Temporary
Global Notes, any New Permanent Global Notes and any New Temporary Global Notes, if issued;
‘‘Hedging Agreement’’ means each ISDA Master Agreement (1992 Multi-currency Cross-border
Version), the schedule thereto and each confirmation, each dated on or before the Closing Date
between the Issuer and each Hedging Provider and the transactions effected thereunder, together
the ‘‘Hedging Agreements’’;
‘‘Hedging Credit Support Document’’ means, in respect of each Hedging Agreement and Hedging
Provider, the 1995 ISDA Credit Support Annex (Bilateral Form-Transfer) or such other collateral
agreement as may be entered into between the Issuer and the relevant Hedging Provider in relation
to the relevant Hedging Agreement;
‘‘Hedging Providers’’ means, as at the Closing Date, HSBC Bank plc and Société Générale , acting
through their offices at 8 Canada Square, London, E14 5HQ and Tour S.G., 17 Cours Valmy, 97972
Paris La Defense respectively (or such other replacement parties as may be appointed by the Issuer
in accordance with the Transaction Documents);
‘‘HMRC’’ means Her Majesty’s Revenue & Customs;
‘‘Information Meeting’’ has the meaning given to it in Condition 19(h) (Information Meeting);
‘‘Insolvency Event’’in respect of a company means:
(i) the initiation of or consent to Insolvency Proceedings by such company or any other person or
the presentation of a petition for the making of an administration order (other than in the case
of the Issuer) and, in the opinion of the Note Trustee, such proceedings not being disputed in
good faith with a reasonable prospect of success; or
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