CONTENTS

TERMS AND CONDITIONS OF THE PROGRAMMEwhich case the month that includes that last day shall not be considered to be shortened to a30-day month, or (ii) the last day of the Calculation Period is the last day of the month ofFebruary, in which case the month of February shall not be considered to be lengthened to a30-day month)“Final Redemption Amount” means, in respect of any Bond, its principal amount or such otheramount as may be specified in, or determined in accordance with, the relevant Final Terms;“Insolvency Event” means in relation to the Issuer:i. a voluntary case, proceeding or other action under any Applicable Law of any jurisdiction,relating to the bankruptcy, insolvency, reorganization, suspension of payments or relief ofdebtors seeking to have an order of relief entered with respect to it, or seeking to adjudicateit a bankrupt or insolvent or relief with respect to it or to its debts;ii. a voluntary case, proceeding or other action seeking appointment of a receiver, trustee,liquidator, administrator, custodian, or other similar official of it or for any substantial partof its Property;iii. an involuntary case, proceeding or other action of a nature referred to in clause (i) aboveshall be commenced against it that: (A) shall result in the entry of an order for relief or ofan order granting or approving such adjudication or appointment; or (B) shall remainunstayed, undismissed, undischarged or unbonded for a period of at least 60 days after theparty’s actual knowledge of such action;iv. an involuntary case, proceeding or other action shall be commenced against it that seeksthe issuance of a warrant of attachment, execution, distraint or other similar process againstany substantial part of its Property that shall result in the entry of an order for relief andshall remain unstayed, undismissed, undischarged or unbonded for a period of at leastpending appeal within 60 from the entry thereof;v. there shall be commenced against it any extra-judicial liquidation proceedings under anyApplicable Law on insolvency;vi. it shall admit in writing its inability to pay its debts as they become due;vii. it shall make a general assignment for the benefit of creditors; orviii. it shall take any corporate (or similar) action in furtherance of, or indicating its consent to,approval of or acquiescence in, any of the foregoing acts;“Interest Amount” means, in relation to a Bond and an Interest Period, the amount of interestpayable in respect of that Bond for that Interest Period;“Interest Commencement Date” means the Issue Date of the Bonds or such other date as may bespecified as the Interest Commencement Date in the applicable Final Terms;“Interest Payment Date” means the date or dates specified as such in, or determined inaccordance with the provisions of, the applicable Final Terms“Interest Period” means each period beginning on (and including) the Interest CommencementDate or any Interest Payment Date and ending on (but excluding) the next Interest Payment Date;21