SUPPLEMENTAL INFORMATION MEMORANDUM XENON ...

date by which the Qualifying Policy guarantees or insures, as applicable, that the
ultimate distribution of the Certificate Balance will occur; and
(vi)
for the avoidance of doubt, sub-paragraph (ii) in the second paragraph of the
definition of "Qualifying Guarantee" shall not be construed to apply to Qualifying
Policies and Insured Instruments.
"Restructuring Date" means, with respect to a Restructured Bond or Loan, the date on which a
Restructuring is legally effective in accordance with the terms of the documentation governing such
Restructuring.
"Restructuring Maturity Limitation Date" means the date that is the earlier of (a) 30 months
following the Restructuring Date and (b) the latest final maturity date of any Restructured Bond or
Loan, provided, however, that under no circumstances shall the Restructuring Maturity Limitation
Date be earlier than the Scheduled Termination Date or later than 30 months following the
Scheduled Termination Date and if it is, it shall be deemed to be the Scheduled Termination Date or
30 months following the Scheduled Termination Date, as the case may be.
With respect to an Insured Instrument, the term "final maturity date", as such item is used in this
definition in the form of a pass-through certificate or similar funded beneficial interest, shall mean
the specified date by which the Qualifying Policy guarantees or insures, as applicable, that the
ultimate distribution of the Certificate Balance will occur.
"Revised Currency Rate" means, with respect to a Replacement Deliverable Obligation specified in
a NOPS Amendment Notice, the rate of conversion between the currency in which the Replaced
Deliverable Obligation Outstanding Amount is denominated and the currency in which the
Outstanding Amount of such Replacement Deliverable Obligation is denominated that is determined
either (a) by reference to the Currency Rate Source as at the Next Currency Fixing Time or (b) if
such rate is not available at such time, by the Calculation Agent.
"Rounding Proceeds" means, where the Required Notional Amount is not an integral multiple of
the authorised denomination of the Charged Assets, the proceeds of sale of the Charged Assets
corresponding to the amount by which the Required Notional Amount was rounded up to the Sale
Notional Amount, as may be converted into the Currency of Issue (if different) at a rate to be
determined by the Calculation Agent in its sole discretion.
"Sale Notional Amount" means the Required Notional Amount or, where the Required Notional
Amount of Charged Assets as determined by the Calculation Agent is not an integral multiple of the
authorised denomination of the Charged Assets, the nearest integral multiple of the authorised
denomination of the Charged Assets to which the Required Notional Amount shall be rounded up by
the Calculation Agent.
"Scheduled Termination Date" has the meaning given to it in Condition CL2(c) (Credit Event
Terms) of the Credit-Linked Securities Conditions Module and shall be as set out in the Issue Terms.
"Settlement Currency" means the currency specified in the Issue Terms or, if no currency is so
specified, the currency of denomination of the Reference Amount.
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