Prospectus - Fonterra

66GLOSSARYIn this Prospectus, unless the context otherwise requires:Application means an application for Bonds pursuant to this Offer;Application Form means the application form attached to this Prospectus;Bonds means the fixed rate notes to be issued by Fonterra pursuant to this Prospectus and the InvestmentStatement;Business Day means any day on which banks are open for the transaction of general banking business inAuckland and Wellington;Closing Date means 6 March 2009, or such other date determined by Fonterra as set out under the headingAlteration of dates on page 4 of this Prospectus;Co-Managers means ABN AMRO Craigs Limited and First NZ Capital Securities Limited;Companies Act means the Companies Act 1993;Constitution means Fonterra’s constitution as it may be amended from time to time;Directors means the members of the board of directors of Fonterra, and Director means any one of them;DIRA means the Dairy Industry Restructuring Act 2001;Event of Default has the meaning given to it in the Trust Documents;Fonterra or the Issuer or the Company means Fonterra Co-operative Group Limited;Fonterra Group means Fonterra and its Subsidiaries;Holder means a person entered in the Register as a holder of Bonds;Interest Payment Date means, in relation to a Bond, 10 March, 10 June, 10 September and 10 December, orsuch other dates determined by Fonterra as set out under the heading Alteration of dates on page 4 of thisProspectus and recorded as such in the Register in respect of the Bonds, in each year up to and including theMaturity Date;Interest Rate means, in relation to a Bond offered under this Prospectus, the rate of interest per annum payableon the face value of the Bond as set by Fonterra in consultation with the Joint Lead Managers on the InterestRate Set Date;Interest Rate Set Date means 9 March 2009, or such other date determined by Fonterra as set out under theheading Alteration of dates on page 4 of this Prospectus;Investment Statement means the investment statement for the Bonds;Issue Date means 10 March 2009, or such other date determined by Fonterra as set out under the headingAlteration of dates on page 4 of this Prospectus and recorded as such in the Register in respect of the Bonds;Joint Lead Managers means ANZ, a part of ANZ National Bank Limited and BNZ Capital, a division of Bank ofNew Zealand;Master Trust Deed means the master trust deed between Fonterra and the Trustee dated 18 November 2002;Maturity Date means 10 March 2015, or such other date determined by Fonterra as set out under the headingAlteration of dates on page 4 of this Prospectus and recorded as such in the Register in respect of the Bonds;NZDB means the New Zealand Dairy Board;NZDX means the New Zealand Debt Exchange, a market operated by NZX;NZX means NZX Limited;NZX Firm means a sharebroking firm authorised to trade shares on NZX;Offer means the offer of the Bonds under this Prospectus and the Investment Statement;Organising Participant means BNZ Capital, a division of Bank of New Zealand;Principal Amount means $1.00 per Bond;Prospectus means this prospectus for the Bonds dated 30 January 2009;Record Date means, in relation to any applicable interest payment, 5.00 pm on the day which is 10 days prior tothe due date for payment (or, if that day is not a Business Day, the immediately preceding Business Day);Register means any register of Bonds maintained by the Registrar;