Emaar Sukuk Ltd XS0586840588 - London Stock Exchange

c103695pu030 Proof 7: 17.1.11 B/L Revision:7.2 Periodic Distribution AmountA Periodic Distribution Amount for the Trust Certificates will be payable in respect of the TrustCertificates and will be distributable by the Issuer to the Certificateholders in accordance withthese Conditions.7.3 Determination of Periodic Distribution AmountExcept as provided in the applicable Final Terms, the Periodic Distribution Amount payable inrespect of each Trust Certificate in definitive form for any Return Accumulation Period shall bethe Fixed Amount. Payments of Periodic Distribution Amount in respect of Trust Certificates indefinitive form on any Periodic Distribution Date may, if so specified in the applicable FinalTerms, amount to the Broken Amount so specified.Except in the case of Trust Certificates in definitive form where a Fixed Amount or BrokenAmount is specified in the applicable Final Terms, the Periodic Distribution Amount shall becalculated by applying the Rate to each Specified Denomination, multiplying such sum by theapplicable Day Count Fraction, and rounding the resultant figure to the nearest sub-unit of therelevant Specified Currency, half of any such sub-unit being rounded upwards or otherwise inaccordance with applicable market convention.Day Count Fraction means, in respect of the calculation of Periodic Distribution Amount inaccordance with this Condition 7.3:(a)if ‘‘Actual/Actual (ICMA)’’ is specified in the applicable Final Terms:(i)in the case of Trust Certificates where the number of days in the relevant periodfrom (and including) the most recent Periodic Distribution Date (or, if none, theReturn Accumulation Commencement Date) to (but excluding) the relevant paymentdate (the Accrual Period) is equal to or shorter than the Determination Period duringwhich the Accrual Period ends, the number of days in such Accrual Period dividedby the product of (A) the number of days in such Determination Period and (B) thenumber of Determination Dates (as specified in the applicable Final Terms) thatwould occur in one calendar year; or(ii) in the case of Trust Certificates where the Accrual Period is longer than theDetermination Period during which the Accrual Period ends, the sum of:(A)(B)the number of days in such Accrual Period falling in the Determination Periodin which the Accrual Period begins divided by the product of (x) the number ofdays in such Determination Period and (y) the number of Determination Datesthat would occur in one calendar year; andthe number of days in such Accrual Period falling in the next DeterminationPeriod divided by the product of (x) the number of days in such DeterminationPeriod and (y) the number of Determination Dates that would occur in onecalendar year; and(b)if ‘‘30/360’’ is specified in the applicable Final Terms, the number of days in the periodfrom (and including) the most recent Periodic Distribution Date (or, if none, the ReturnAccumulation Commencement Date) to (but excluding) the relevant payment date (suchnumber of days being calculated on the basis of a year of 360 days with 12 30 daymonths) divided by 360.In the Conditions:Determination Period means each period from (and including) a Determination Date to (butexcluding) the next Determination Date (including, where either the Return AccrualCommencement Date or the final Periodic Distribution Date is not a Determination Date, theperiod commencing on the first Determination Date prior to, and ending on the firstDetermination Date falling after, such date); andsub-unit means, with respect to any currency other than euro, the lowest amount of suchcurrency that is available as legal tender in the country of such currency and, with respect toeuro, one cent.56