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“Repres<strong>en</strong>tative Amount”means an amount that <strong>is</strong> repres<strong>en</strong>tative for a single transaction in the rele<strong>van</strong>tmarket and at the rele<strong>van</strong>t time, such amount to be <strong>de</strong>termined by theCalculation Ag<strong>en</strong>t.“Repudiation/Moratorium” means the occurr<strong>en</strong>ce of both of the following ev<strong>en</strong>ts:(i)an author<strong>is</strong>ed officer of a Refer<strong>en</strong>ce Entity or a Governm<strong>en</strong>talAuthority:(A)(B)d<strong>is</strong>affirms, d<strong>is</strong>claims, repudiates or rejects, in whole or inpart, or chall<strong>en</strong>ges the vali<strong>dit</strong>y of, one or more Obligationsin an aggregate amount of not less than the DefaultRequirem<strong>en</strong>t; or<strong>de</strong>clares or imposes a moratorium, standstill, roll-over or<strong>de</strong>ferral, whether <strong>de</strong> facto or <strong>de</strong> jure, with respect to one ormore Obligations in an aggregate amount of not less thanthe Default Requirem<strong>en</strong>t; and(ii)a Failure to Pay, <strong>de</strong>termined without regard to the Paym<strong>en</strong>tRequirem<strong>en</strong>t, or a Restructuring, <strong>de</strong>termined without regard to theDefault Requirem<strong>en</strong>t, with respect to any such Obligation occurson or prior to the Repudiation/Moratorium Evaluation Date.“Repudiation/MoratoriumEvaluation Date”“Repudiation/MoratoriumExt<strong>en</strong>sion Con<strong>dit</strong>ion”“Repudiation/MoratoriumExt<strong>en</strong>sion Notice”means, if a Pot<strong>en</strong>tial Repudiation/Moratorium occurs on or prior to theScheduled Maturity Date, (i) if the Obligations to which such Pot<strong>en</strong>tialRepudiation/Moratorium relates inclu<strong>de</strong> Bonds, the date that <strong>is</strong> the later of(A) the date that <strong>is</strong> 60 days after the date of such Pot<strong>en</strong>tialRepudiation/Moratorium and (B) the first paym<strong>en</strong>t date un<strong>de</strong>r any such Bondafter the date of such Pot<strong>en</strong>tial Repudiation/Moratorium (or, if later, theexpiration date of any applicable Grace Period in respect of such paym<strong>en</strong>tdate) and (ii) if the Obligations to which such Pot<strong>en</strong>tialRepudiation/Moratorium relates do not inclu<strong>de</strong> Bonds, the date that <strong>is</strong> 60days after the date of such Pot<strong>en</strong>tial Repudiation/Moratorium.means the <strong>de</strong>livery of a Repudiation/Moratorium Ext<strong>en</strong>sion Notice and, ifspecified as applicable in the rele<strong>van</strong>t Final Terms, Notice of PubliclyAvailable Information by the Calculation Ag<strong>en</strong>t to the Issuer that <strong>is</strong> effectiveduring the period from and including the Tra<strong>de</strong> Date to and including theScheduled Maturity Date or, if Con<strong>dit</strong>ion 10(f)(ii) applies, the PostponedMaturity Date.means an irrevocable notice (which may be by telephone) from theCalculation Ag<strong>en</strong>t to the Issuer (which the Calculation Ag<strong>en</strong>t has the rightbut not the obligation to <strong>de</strong>liver) that <strong>de</strong>scribes a Pot<strong>en</strong>tialRepudiation/Moratorium that occurred on or after the Tra<strong>de</strong> Date and on orprior to the Scheduled Maturity Date. A Repudiation/Moratorium Ext<strong>en</strong>sionNotice must contain a <strong>de</strong>scription in reasonable <strong>de</strong>tail of the facts rele<strong>van</strong>t tothe <strong>de</strong>termination that a Pot<strong>en</strong>tial Repudiation/Moratorium has occurred andindicate the date of the occurr<strong>en</strong>ce. The Pot<strong>en</strong>tial Repudiation/Moratoriumthat <strong>is</strong> the subject of the Repudiation/Moratorium Ext<strong>en</strong>sion Notice need notbe continuing on the date the Repudiation/Moratorium Ext<strong>en</strong>sion Notice <strong>is</strong>206

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