NIG Prospectus - London Stock Exchange

Level: 8 – From: 8 – Thursday, August 9, 2007 – 2:18 pm – mac5 – 3776 Section 05 : 3776 Section 05or the Mudarib shall be to enforce their respective obligations under the TransactionDocuments.15.5 Limited recourseConditions 15.2, 15.3 and 15.4 are subject to this Condition 15.5. After distributing all of theproceeds of the Trust Assets in accordance with Condition 5.2, the obligations of the Issuerin respect of the Trust Certificates shall be satisfied and no Certificateholder may take anyfurther steps against the Issuer to recover any further sums in respect of the TrustCertificates and the right to receive any such sums unpaid shall be extinguished. Inparticular, no Certificateholder shall be entitled in respect thereof to petition or to take anyother steps for the winding-up of the Issuer nor shall any of them have any claim in respectof the trust assets of any other trust established by the Issuer.16. REPLACEMENT OF CERTIFICATES OF REGISTRATIONShould any Certificate of Registration be lost, stolen, mutilated, defaced or destroyed it maybe replaced at the specified office of the Registrar upon payment by the claimant of theexpenses incurred in connection with the replacement and on such terms as to evidenceand indemnity as the Issuer may reasonably require. Mutilated or defaced Certificates ofRegistration must be surrendered before replacements will be issued.17. NOTICESAll notices to the Certificateholders will be valid if:(a)(b)published in a daily newspaper (which will be in a leading English language newspaperhaving general circulation) in the Gulf region and a daily newspaper having generalcirculation in London (which is expected to be the Financial Times) approved by theDelegate; ormailed to them by first class pre-paid registered mail (or its equivalent) or (if posted toan overseas address) by airmail at their respective addresses in the Register.The Issuer shall also ensure that notices are duly given or published in a manner whichcomplies with the rules and regulations of any stock exchange or other relevant authority onwhich the Trust Certificates are for the time being listed. Any notice shall be deemed to havebeen given on the day after being so mailed or on the date of publication or, if so publishedmore than once or on different dates, on the date of the first publication.Until such time as any definitive Trust Certificates are issued, there may, so long as theGlobal Trust Certificate representing the Trust Certificates is held in its entirety on behalf ofEuroclear and/or Clearstream, Luxembourg, be substituted for such publication in suchnewspaper(s) the delivery of the relevant notice to Euroclear and/or Clearstream,Luxembourg for communication by them to the Certificateholders and, in addition, for solong as any Trust Certificates are listed on a stock exchange or are admitted to trading byanother relevant authority and the rules of that stock exchange or relevant authority sorequire, such notice will be published in a daily newspaper of general circulation in the placeor places required by those rules. Any such notice shall be deemed to have been given tothe Certificateholders on the day after the day on which the said notice was given toEuroclear and/or Clearstream, Luxembourg.Notices to be given by any Certificateholder shall be in writing and given by lodging thesame with the Principal Paying Agent. Whilst any of the Trust Certificates are represented bythe Global Trust Certificate, such notice may be given by any holder of a Trust Certificate tothe Principal Paying Agent through Euroclear and/or Clearstream, Luxembourg, as the case52