25.06.2012 Views

Barclays, Base Prospectus 2006

Barclays, Base Prospectus 2006

Barclays, Base Prospectus 2006

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

- 74 -<br />

[The Determination Agent determines that a Commodity Market Disruption Event has occurred<br />

or exists on the Pricing Date in respect of any Relevant Commodity in the basket (the "Affected<br />

Commodity"), the Relevant Commodity Price of each Relevant Commodity and/or Commodity<br />

Index within the basket which is not affected by the occurrence of a Commodity Market<br />

Disruption Event shall be determined on its scheduled Pricing Date and the Relevant<br />

Commodity Price for the Affected Commodity shall be determined in accordance with the first<br />

applicable Disruption Fallback that provides a Relevant Reference Price.]<br />

All determinations made by the Determination Agent pursuant to this Condition will be<br />

conclusive and binding on the Noteholders and the Issuer except in the case of manifest error.]<br />

[[If "Determination Agent Adjustment" is specified in the Final Terms]<br />

(4) Extraordinary Event. In the event of an Extraordinary Event the Determination Agent shall<br />

make such adjustments to the redemption, settlement, payment or any other terms of the [Notes]<br />

[Certificates] as the Determination Agent determines appropriate to account for the economic<br />

effect on the [Notes] [Certificates] of such Extraordinary Event upon the Determination Agent<br />

having given not less than [5] [specify] Business Days' notice to the [Noteholders]<br />

[Certificateholders] in accordance with §12; and not less than 7 Business Days before the giving<br />

of such notice, notice to the Fiscal Agent [(unless the Fiscal Agents acts as Determination<br />

Agent)]].<br />

[In case of Exchangeable Notes insert the following provisions:]<br />

§4b<br />

(Special Definitions)<br />

"Conversion Ratio" means [specify amount] subject to adjustment in accordance with §4e.<br />

"Conversion Price" means [specify price] subject to adjustment in accordance with §4e.<br />

"Conversion Right" means the right of the Noteholders to have any Notes redeemed either by delivery<br />

of the Underlying Securities or by payment of the Equity Linked Redemption Amount.<br />

"Disruption Cash Settlement Price" means [specify amount].<br />

"Delivery Agent" means [specify name and address of delivery agent].<br />

"Equity Valuation Date" means [insert date].<br />

"Equity Valuation Time" means [insert time and Financial Center] on the Equity Valuation Date.<br />

"Exchangeable Notes" means those Equity Linked Notes in respect of which [the relevant Final Terms<br />

have specified that] a Conversion Right is applicable.<br />

"Initial Conversion Price" means [specify price].<br />

"Reverse Conversion Right" means the right of the Issuer [, as specified in the relevant Final Terms,]<br />

to redeem any Notes either by delivery of Underlying Securities or by payment of the Equity Linked<br />

Redemption Amount.<br />

"Reverse Exchangeable Notes" means those Equity Linked Notes in respect of which [the relevant<br />

Final Terms have specified that] a Reverse Conversion Right is applicable.<br />

"Settlement Date" means in the event of redemption of the Notes of a Series by delivery of the<br />

Underlying Securities, such Business Day as agreed by the Determination Agent, being on or as soon<br />

as practicable after the earlier of the Optional Redemption Date or the Maturity Date subject to<br />

amendments made in accordance with this conditions.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!