Tabreed 06 Prospectus - London Stock Exchange

The Periodic Distribution Amount on Certificates due on a Periodic Distribution Date will be
paid to the holder shown on the register of Certificateholders at the close of business on the
date (the ‘‘record date’’) being the seventh day before the relevant Periodic Distribution Date.
For the purposes of this Condition, a Certificateholder’s ‘‘registered account’’ means the US
dollar account maintained by or on behalf of it with a bank that processes payments in US
dollars, details of which appear on the Register at the close of business, in the case of the
Dissolution Distribution Amount and any Periodic Distribution Amount due otherwise than on
a Periodic Distribution Date, on the second Business Day before the due date for payment and,
in all other cases, on the relevant record date, and a Certificateholder’s ‘‘registered address’’
means its address appearing on the Register at that time.
8.2 Payments Subject to Applicable Laws
Payments in respect of Certificates are subject in all cases to any fiscal or other laws and
regulations applicable in the place of payment, but without prejudice to the provisions of
Condition 10 (Taxation).
8.3 Payment only on a Business Day
Where payment is to be made by transfer to a registered account, payment instructions (for
value the due date or, if that is not a Payment Business Day, for value the first following day
which is a Payment Business Day) will be initiated and, where payment is to be made by
cheque, the cheque will be mailed, in each case by the Principal Paying Agent, on the Payment
Business Day preceding the due date for payment or, in the case of a payment of the
Dissolution Distribution Amount, if later, on the Payment Business Day on which the relevant
Certificate is surrendered at the specified office of a Paying Agent.
Certificateholders will not be entitled to any Periodic Distribution Amount or other payment for
any delay after the due date in receiving the amount due if the due date is not a Payment
Business Day, if the relevant Certificateholder is late in surrendering its Certificate (if required to
do so) or if a cheque mailed in accordance with this Condition arrives after the due date for
payment.
In this Condition, ‘‘Payment Business Day’’ means a day on which commercial banks in Dubai,
London and New York are open for general business and, in the case of presentation of a
Certificate, in the place in which the Certificate is presented.
8.4 Notifications to be Final
All notifications, opinions, determinations, certificates, calculations, quotations and decisions
given, expressed, made or obtained for the purposes of this Condition 8 (Payment), whether by
the Principal Paying Agent or the Calculation Agent, shall (in the absence of wilful default,
fraud or manifest error) be binding on the Issuer and all Certificateholders and (in the absence
of wilful default, fraud or manifest error) no liability to the Certificateholders shall attach to the
Principal Paying Agent or the Calculation Agent in connection with the exercise or non-exercise
by them or any of them of their powers duties and discretions under this Condition 8
(Payment).
8.5 Maintenance of Agents
The Issuer will at all times maintain a Registrar, a Calculation Agent and a Payment
Administrator and, for so long as the Certificates are listed on the Official List of the UK
Listing Authority, a Paying Agent in London. For so long as any Certificate is outstanding, the
Issuer undertakes that there will at all times be a Paying Agent located in an EU Member State
that is not obliged to withhold or deduct tax pursuant to European Council Directive 2003/48/
EC or any law implementing or complying with, or introduced in order to conform to, any such
Directive.
The Issuer reserves the right, at any time, to vary or terminate the appointment of any Paying
Agent and to appoint additional or other Paying Agents.
Notice of any change in any of the Paying Agents or in their specified offices shall promptly be
given to the Certificateholders in accordance with Condition 15 (Notices).
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