SUPPLEMENTAL INFORMATION MEMORANDUM XENON ...

"Extension Date" means the latest of (a) the Scheduled Termination Date, (b) the Grace Period
Extension Date if (i) Grace Period Extension is specified to apply in the Issue Terms, (ii) the Credit
Event that is the subject of the Credit Event Notice or Credit Event Resolution Request Date, as
applicable, is a Failure to Pay that occurs after the Scheduled Termination Date (determined by
reference to Greenwich Mean Time (or, if the Transaction Type of the relevant Reference Entity is
Japan Corporate or Japan Sovereign, Tokyo time)) and (iii) the Potential Failure to Pay with respect
to such Failure to Pay occurs on or prior to the Scheduled Termination Date (determined by
reference to Greenwich Mean Time (or, if the Transaction Type of the relevant Reference Entity is
Japan Corporate or Japan Sovereign, Tokyo time)) and (c) the Repudiation/Moratorium Evaluation
Date if (i) the Credit Event that is the subject of the Credit Event Notice or Credit Event Resolution
Request Date, as applicable, is a Repudiation/Moratorium for which a Failure to Pay (determined
without regard to the Payment Requirement) or a Restructuring (determined without regard to the
Default Requirement) occurs after the Scheduled Termination Date (determined by reference to
Greenwich Mean Time (or, if the Transaction Type of the relevant Reference Entity is Japan
Corporate or Japan Sovereign, Tokyo time)), (ii) the Potential Repudiation/Moratorium with respect
to such Repudiation/Moratorium occurs on or prior to the Scheduled Maturity Date (determined by
reference to Greenwich Mean Time (or, if the Transaction Type of the relevant Reference Entity is
Japan Corporate or Japan Sovereign, Tokyo time)) and (iii) the Repudiation/Moratorium Extension
Condition is satisfied.
"Extension Notice" means a notice from the Counterparty to the Issuer (copied to the Trustee, the
Principal Paying Agent) and the Calculation Agent giving notice of the following in relation to a
Reference Entity:
(i)
(ii)
(iii)
without prejudice to sub-paragraphs (ii) and (iii) below, that a Credit Event has occurred or
may occur on or prior to the Scheduled Termination Date; or
that a Potential Failure to Pay has occurred or may occur on or prior to the Scheduled
Termination Date; or
that a Potential Repudiation/Moratorium has occurred or may occur on or prior to the
Scheduled Termination Date. For the purposes of this sub-paragraph (iii), the giving of a
Repudiation/Moratorium Extension Notice (if on or prior to the Scheduled Termination
Date) shall be deemed to satisfy the requirement to give notice under this definition of
"Extension Notice". However, the giving of an Extension Notice in accordance with this
sub-paragraph (iii) shall not in any way preclude the subsequent giving of a
Repudiation/Moratorium Extension Notice so long as the Repudiation/Moratorium
Extension Condition is satisfied.
An Extension Notice shall be subject to the requirements regarding notices set out in Condition CL3
(Notices).
"Extended Physical Settlement Date" means, if a Hedge Disruption Event (as determined by the
Calculation Agent in its absolute discretion) has occurred on or prior to the Initial Physical
Settlement Date, the date designated by the Calculation Agent in its absolute discretion, and such
date shall be not more than 60 Business Days following the Initial Physical Settlement Date.
"Failure to Pay" means, after the expiration of any applicable Grace Period (after the satisfaction of
any conditions precedent to the commencement of such Grace Period), the failure by a Reference
75