IIG Prospectus - London Stock Exchange

(k)(l)(m)(n)Liabilities: In exercising its powers under this Condition 6.8, the Trustee and its advisorsshall have regard to the economic interests of the holders of the Unexercised Certificatesas a class and to no other considerations. Neither the Trustee nor any Agent shall haveany liability in respect of the exercise or non-exercise of the Trustee’s discretion or theDelegate’s discretion pursuant to this Condition 6.8 or the timing of such exercise or,where relevant, in respect of any sale of Shares or conversion or the price at which anyShares are sold or the rate at which any such amounts are converted into U.S. dollars, orthe inability to sell any such Shares or make such conversion or otherwise.Other Conditions: The Conditions shall apply to any exercise by the Trustee of the rightof redemption attaching to any Unexercised Certificate pursuant to this Condition 6.8 asthough the Trustee were the relevant Certificateholder, subject as otherwise provided inthis Condition 6.8 and the following deeming provisions:(i) in Condition 6.9 (Physical Settlement), references to ‘‘Voluntary Early RedemptionDate’’ shall be deemed to be ‘‘Scheduled Redemption Date’’, references to ‘‘RelevantCertificates’’ shall be deemed to be to ‘‘Unexercised Certificates’’, references to‘‘Exercising Certificateholder’’ shall be deemed to be to the ‘‘Trustee’’ and‘‘Condition 6.1(g)’’ shall be deemed to be to ‘‘Condition 6.8(f)’’;(ii) in Condition 6.10 (Cash Settlement), references to ‘‘Relevant Certificates’’ shall bedeemed to be to ‘‘Unexercised Certificates’’, references to ‘‘Voluntary EarlyRedemption Amount’’ shall be to ‘‘Cash Settlement Amount and the Top-UpAmount (if any)’’ and references to ‘‘Exercising Certificateholder’’ shall be to the‘‘Trustee’’;(iii) in Condition 6.12 (Voluntary Early Redemption Notice), references to ‘‘VoluntaryEarly Redemption Notice’’ shall be deemed to be to ‘‘Trustee Exercise Notice’’; and(iv) in Condition 6.16 (Adjustments to Exchange Ratio), references to ‘‘Notification Date’’shall be deemed to be to ‘‘Trustee Notification Date’’.Payments: The provisions of Condition 9 (Payments) shall apply to any payment of theNet Proceeds of Sale and Top-Up Amount (if any) pursuant to this Condition 6.8 andpayment of any accrued but unpaid Distribution Amounts as though such payment werea payment of principal.Certifications: No certification pursuant to Condition 6.1(j) or Condition 6.12(a)(v) isrequired in the case of the Trustee electing to redeem the Unexercised Certificates.6.9 Physical SettlementIf Physical Settlement applies on a Voluntary Early Redemption Date:(a) the Relevant Certificates shall, subject to Condition 6.13 (Disruption Event) and Condition6.15 (Inability to Deliver), be redeemed on the earlier of the relevant VoluntaryRedemption Date and the Scheduled Redemption Date by issue by, or on behalf of, theIssuer to the Exercising Certificateholder on the relevant Voluntary Early RedemptionDate of the number of Shares specified by Condition 6.1(g);(b) The Certificateholder shall be entitled to receive Periodic Distribution Amounts due onall Periodic Distribution Dates preceding the corresponding Voluntary Early RedemptionDate and for any Periodic Distribution Amounts accrued up to and including theVoluntary Early Redemption Date and such amounts shall be paid on the RelevantSettlement Date; and(c) the Issuer shall procure that the holders of such Shares will be treated by IIG asShareholders for all purposes with effect from and including the relevant Voluntary EarlyRedemption Date or the Scheduled Redemption Date, as the case may be, and all Sharesissued upon early redemption of any Certificate will:(i) rank pari passu in respect of Distributions declared, paid or made, or rightsgranted, with all other Shares in issue on the relevant Voluntary Early RedemptionDate or the Scheduled Redemption Date, as the case may be, except that suchShares will not rank for any Distribution declared, paid or made on, or rightsgranted in respect of, the Shares for which the record date precedes the relevantVoluntary Early Redemption Date or the Scheduled Redemption Date, as the casemay be; and42