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For purposes of the <strong>de</strong>finition of “Restructuring” and Con<strong>dit</strong>ion 10(l), theterm Obligation shall be <strong>de</strong>emed to inclu<strong>de</strong> Un<strong>de</strong>rlying Obligations for whichthe Refer<strong>en</strong>ce Entity <strong>is</strong> acting as provi<strong>de</strong>r of a Qualifying Affiliate Guaranteeor, if All Guarantees <strong>is</strong> specified as applicable in the rele<strong>van</strong>t Final Terms, asprovi<strong>de</strong>r of any Qualifying Guarantee. In the case of a Qualifying Guaranteeand an Un<strong>de</strong>rlying Obligation, refer<strong>en</strong>ces to the Refer<strong>en</strong>ce Entity in the initialparagraph and sub-paragraphs (i) to (v) of the <strong>de</strong>finition of “Restructuring”shall be <strong>de</strong>emed to refer to the Un<strong>de</strong>rlying Obligor and the refer<strong>en</strong>ce to theRefer<strong>en</strong>ce Entity in the second paragraph of th<strong>is</strong> <strong>de</strong>finition of Restructuringshall continue to refer to the Refer<strong>en</strong>ce Entity.“Restructuring Date”“Restructuring MaturityLimitation Date”“Settlem<strong>en</strong>t Curr<strong>en</strong>cy”“Settlem<strong>en</strong>t Date”“Sovereign”“Sovereign Ag<strong>en</strong>cy”“Sovereign RestructuredDeliverable Obligation”means, with respect to a Restructured Bond or Loan, the date on which aRestructuring <strong>is</strong> legally effective in accordance with the terms of thedocum<strong>en</strong>tation governing such Restructuring.means the date that <strong>is</strong> the earlier of (i) 30 months following theRestructuring Date and (ii) the latest final maturity date of any RestructuredBond or Loan, provi<strong>de</strong>d, however, that un<strong>de</strong>r no circumstances shall theRestructuring Maturity Limitation Date be earlier than the ScheduledMaturity Date or later than 30 months following the Scheduled MaturityDate and, if it <strong>is</strong>, it shall be <strong>de</strong>emed to be the Scheduled Maturity Date or 30months following the Scheduled Maturity Date, as the case may be.means the curr<strong>en</strong>cy specified as such in the rele<strong>van</strong>t Final Terms or, if nocurr<strong>en</strong>cy <strong>is</strong> specified in the rele<strong>van</strong>t Final Terms, the Specified Curr<strong>en</strong>cy ofthe Notes.means the last day of the longest Physical Settlem<strong>en</strong>t Period following thesat<strong>is</strong>faction of Con<strong>dit</strong>ions to Settlem<strong>en</strong>t (the “Scheduled Settlem<strong>en</strong>t Date”)provi<strong>de</strong>d that if a Hedge D<strong>is</strong>ruption Ev<strong>en</strong>t has occurred and <strong>is</strong> continuing onthe second Business Day immediately preceding the Scheduled Settlem<strong>en</strong>tDate, the Settlem<strong>en</strong>t Date shall be the earlier of (i) the second Business Dayfollowing the date on which no Hedge D<strong>is</strong>ruption Ev<strong>en</strong>t subs<strong>is</strong>ts and (ii) theday falling 60 Business Days following the Scheduled Settlem<strong>en</strong>t Date.means any state, political subdiv<strong>is</strong>ion or governm<strong>en</strong>t, or any ag<strong>en</strong>cy,instrum<strong>en</strong>tality, min<strong>is</strong>try, <strong>de</strong>partm<strong>en</strong>t or other authority (including, withoutlimiting the foregoing, the c<strong>en</strong>tral bank) thereof.means any ag<strong>en</strong>cy, instrum<strong>en</strong>tality, min<strong>is</strong>try, <strong>de</strong>partm<strong>en</strong>t or other authority(including, without limiting the foregoing, the c<strong>en</strong>tral bank) of a Sovereign.means an Obligation of a Sovereign Refer<strong>en</strong>ce Entity (a) in respect of whicha Restructuring that <strong>is</strong> the subject of the rele<strong>van</strong>t Cre<strong>dit</strong> Ev<strong>en</strong>t Notice hasoccurred and (b) <strong>de</strong>scribed by the Deliverable Obligation Category specifiedin the rele<strong>van</strong>t Final Terms, and, subject to paragraph (3) of (B)(Interpretation of Prov<strong>is</strong>ions) in the <strong>de</strong>finition of “Deliverable Obligation”,having each of the Deliverable Obligation Character<strong>is</strong>tics, if any, specifiedin the rele<strong>van</strong>t Final Terms, in each case, immediately preceding the date onwhich such Restructuring <strong>is</strong> legally effective in accordance with the terms ofthe docum<strong>en</strong>tation governing such Restructuring without regard to whetherthe Obligation would sat<strong>is</strong>fy such Deliverable Obligation Category or208

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