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Dit prospectus is gemaakt voor de uitgifte van dit product en ... - Iex

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(l)Prov<strong>is</strong>ions relating to Multiple Hol<strong>de</strong>r ObligationIf Con<strong>dit</strong>ion 10(l) <strong>is</strong> specified as applicable in the rele<strong>van</strong>t Final Terms, notwithstanding anything tothe contrary in the <strong>de</strong>finition of “Restructuring” and related prov<strong>is</strong>ions, the occurr<strong>en</strong>ce of, agreem<strong>en</strong>tto, or announcem<strong>en</strong>t of, any of the ev<strong>en</strong>ts <strong>de</strong>scribed in sub-paragraphs (i) to (v) of the <strong>de</strong>finition of“Restructuring” shall not be a Restructuring unless the Obligation in respect of any such ev<strong>en</strong>ts <strong>is</strong> aMultiple Hol<strong>de</strong>r Obligation.“Multiple Hol<strong>de</strong>r Obligation” means an Obligation that (i) at the time of the ev<strong>en</strong>t which constitutes aRestructuring Cre<strong>dit</strong> Ev<strong>en</strong>t <strong>is</strong> held by more than three hol<strong>de</strong>rs that are not Affiliates of each other and(ii) with respect to which a perc<strong>en</strong>tage of hol<strong>de</strong>rs (<strong>de</strong>termined pursuant to the terms of the Obligationas in effect on the date of such ev<strong>en</strong>t) at least equal to 66 and two-thirds <strong>is</strong> required to cons<strong>en</strong>t to theev<strong>en</strong>t which constitutes a Restructuring Cre<strong>dit</strong> Ev<strong>en</strong>t.(m)Calculation Ag<strong>en</strong>t and Calculation Ag<strong>en</strong>t NoticesThe <strong>de</strong>termination by the Calculation Ag<strong>en</strong>t of any amount or of any state of affairs, circumstance,ev<strong>en</strong>t or other matter, or the formation of any opinion or the exerc<strong>is</strong>e of any d<strong>is</strong>cretion required orpermitted to be <strong>de</strong>termined, formed or exerc<strong>is</strong>ed by the Calculation Ag<strong>en</strong>t pursuant to th<strong>is</strong> Con<strong>dit</strong>ion10 shall (in the abs<strong>en</strong>ce of manifest error) be final and binding on the Issuer and the Notehol<strong>de</strong>rs.Wh<strong>en</strong>ever the Calculation Ag<strong>en</strong>t <strong>is</strong> required to make any <strong>de</strong>termination it may, inter alia, <strong>de</strong>ci<strong>de</strong><strong>is</strong>sues of construction and legal interpretation. In performing its duties pursuant to the Notes, theCalculation Ag<strong>en</strong>t shall act in its sole and absolute d<strong>is</strong>cretion.11. Paym<strong>en</strong>ts(a)Method of Paym<strong>en</strong>tSubject as provi<strong>de</strong>d below:(i)(ii)paym<strong>en</strong>ts in a curr<strong>en</strong>cy other than euro will be ma<strong>de</strong> by cre<strong>dit</strong> or transfer to an account in therele<strong>van</strong>t Specified Curr<strong>en</strong>cy maintained by the payee with, or, at the option and responsibilityof the payee, by a cheque in such Specified Curr<strong>en</strong>cy drawn on, a bank in the principalfinancial c<strong>en</strong>tre of the country of such Specified Curr<strong>en</strong>cy (which, if the Specified Curr<strong>en</strong>cy <strong>is</strong>Australian dollars or New Zealand dollars, shall be Sydney or Wellington, respectively); andpaym<strong>en</strong>ts in euro will be ma<strong>de</strong> by cre<strong>dit</strong> or transfer to a euro account (or any other account towhich euro may be cre<strong>dit</strong>ed or transferred) specified by the payee or, at the option andresponsibility of the payee, by a euro cheque.All paym<strong>en</strong>ts are subject in all cases to any f<strong>is</strong>cal or other regulations applicable thereto in the placeof paym<strong>en</strong>t.(b)Pres<strong>en</strong>tation of Definitive Notes, Receipts and CouponsPaym<strong>en</strong>ts of principal in respect of Bearer Notes repres<strong>en</strong>ted by Definitive Notes will (subject asprovi<strong>de</strong>d below) be ma<strong>de</strong> in the manner provi<strong>de</strong>d in paragraph (a) above only against pres<strong>en</strong>tation andsurr<strong>en</strong><strong>de</strong>r (or, in the case of part paym<strong>en</strong>t of any sum due, <strong>en</strong>dorsem<strong>en</strong>t) of Definitive Notes, andpaym<strong>en</strong>ts of interest (if any) in respect of Definitive Notes will (subject as provi<strong>de</strong>d below) be ma<strong>de</strong>as aforesaid only against pres<strong>en</strong>tation and surr<strong>en</strong><strong>de</strong>r (or, in the case of part paym<strong>en</strong>t of any sum due,<strong>en</strong>dorsem<strong>en</strong>t) of the rele<strong>van</strong>t Coupon, in each case at the specified office of any Paying Ag<strong>en</strong>t outsi<strong>de</strong>the United States (which expression, as used herein, means the United States of America (including217

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