banif finance, ltd.

the Relevant Screen Page in the relevant Pricing Supplement, or such other page, section or other partas may replace it on that information service or such other information service, in each case, as maybe nominated by the Person providing or sponsoring the information appearing there for the purposeof displaying rates or prices comparable to the Reference Rate;“Relevant Time” has the meaning given in the relevant Pricing Supplement;“Reserved Matter” has the meaning given in Schedule 3 of the Trust Deed;“Security Interest” means any mortgage, charge, pledge, lien or other security interest including,without limitation, anything analogous to any of the foregoing under the laws of any jurisdiction;“Senior Notes” means Notes which are specified in the Pricing Supplement as being unsubordinatedNotes;“Specified Currency” has the meaning given in the relevant Pricing Supplement;“Specified Denomination(s)” has the meaning given in the relevant Pricing Supplement;“Specified Office” has the meaning given in the Agency Agreement;“Specified Period” has the meaning given in the relevant Pricing Supplement;“Subsidiary” means, in relation to any Person (the “first Person”) at any particular time, any otherPerson (the “second Person”):(i)(ii)whose affairs and policies the first Person controls or has the power to control, whether byownership of share capital, contract, the power to appoint or remove members of the governingbody of the second Person or otherwise; orwhose financial statements are, in accordance with applicable law and generally acceptedaccounting principles, consolidated with those of the first Person;“Talon” means a talon for further Coupons;“TARGET Settlement Day” means any day on which the Trans-European Automated Real-TimeGross Settlement Express Transfer (TARGET) System is open;“Treaty” means the Treaty establishing the European Communities, as amended;“Undated Subordinated Notes” means Notes which are specified in the applicable PricingSupplement as being undated subordinated Notes;“Zero Coupon Note” means a Note specified as such in the relevant Pricing Supplement.(b)Interpretation: In these Conditions:(i)(ii)(iii)(iv)if the Notes are Zero Coupon Notes, references to Coupons and Couponholders are notapplicable;if Talons are specified in the relevant Pricing Supplement as being attached to the Notes at thetime of issue, references to Coupons shall be deemed to include references to Talons;if Talons are not specified in the relevant Pricing Supplement as being attached to the Notes atthe time of issue, references to Talons are not applicable;any reference to principal shall be deemed to include the Redemption Amount, any additionalamounts in respect of principal which may be payable under Condition 12 (Taxation) or anyundertakings given in addition to or in substitution for that Condition, any premium payable inrespect of a Note and any other amount in the nature of principal payable pursuant to theseConditions;19