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iesy Repository GmbH - Irish Stock Exchange

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(6) except in the case of the liquidation, dissolution or winding-up of the Payor, any Taxes imposed in connection with<br />

a Note presented for payment by or on behalf of a Holder or beneficial owner who would have been able to avoid such<br />

Tax by presenting the relevant Note to, or otherwise accepting payment from, another paying agent in a member state of<br />

the European Union; or<br />

(7) any combination of the above.<br />

Such Additional Amounts will also not be payable (x) if the payment could have been made without such deduction or<br />

withholding if the beneficiary of the payment had presented the Note for payment (where presentation is required) within 30<br />

days after the relevant payment was first made available for payment to the Holder or (y) where, had the beneficial owner of<br />

the Note been the Holder of the Note, such beneficial owner would not have been entitled to payment of Additional Amounts<br />

by reason of any of clauses (1) to (7) inclusive above.<br />

The Payor will (i) make any required withholding or deduction and (ii) remit the full amount deducted or withheld to<br />

the Relevant Taxing Jurisdiction in accordance with applicable law. The Payor will use all reasonable efforts to obtain<br />

certified copies of tax receipts evidencing the payment of any Taxes so deducted or withheld from each Relevant Taxing<br />

Jurisdiction imposing such Taxes and will provide such certified copies to the Trustee. Such copies shall be made available to<br />

the Holders upon request and will be made available at the offices of the <strong>Irish</strong> Paying Agent if the Notes are then listed on the<br />

Official List of the <strong>Irish</strong> <strong>Stock</strong> <strong>Exchange</strong>. The Payor will attach to each certified copy a certificate stating (x) that the amount<br />

of withholding Taxes evidenced by the certified copy was paid in connection with payments in respect of the principal<br />

amount of Notes then outstanding and (y) the amount of such withholding Taxes paid per €1,000 principal amount of the<br />

Euro Notes or per $1,000 principal amount of the Dollar Notes, as the case may be.<br />

If any Payor will be obligated to pay Additional Amounts under or with respect to any payment made on the Notes, at<br />

least 30 days prior to the date of such payment, the Payor will deliver to the Trustee an Officer’s Certificate stating the fact<br />

that Additional Amounts will be payable and the amount so payable and such other information necessary to enable the<br />

Paying Agent to pay Additional Amounts to Holders on the relevant payment date (unless such obligation to pay Additional<br />

Amounts arises less than 45 days prior to the relevant payment date, in which case the Payor shall deliver such Officer’s<br />

Certificate as promptly as practicable after the date that is 30 days prior to the payment date).<br />

Wherever in the Indenture, the Notes, any Subsidiary Guarantee or this “Description of the Notes” there are mentioned,<br />

in any context:<br />

(1) the payment of principal,<br />

(2) redemption prices or purchase prices in connection with a redemption or purchase of Notes,<br />

(3) interest, or<br />

(4) any other amount payable on or with respect to any of the Notes or any Subsidiary Guarantee,<br />

such reference shall be deemed to include payment of Additional Amounts as described under this heading to the extent that,<br />

in such context, Additional Amounts are, were or would be payable in respect thereof.<br />

The Payor will pay any present or future stamp, court or documentary taxes, or any other excise, property or similar<br />

taxes, charges or levies that arise in any jurisdiction from the execution, delivery, registration or enforcement of any Notes,<br />

the Indenture, the Security Documents, or any other document or instrument in relation thereto (other than a transfer of the<br />

Notes) excluding any such taxes, charges or similar levies imposed by any jurisdiction that is not a Relevant Taxing<br />

Jurisdiction, and the Payor agrees to indemnify the Holders for any such taxes paid by such Holders. The foregoing<br />

obligations will survive any termination, defeasance or discharge of the Indenture and will apply mutatis mutandis to any<br />

jurisdiction in which any successor to a Payor or any Subsidiary Guarantor is organized or any political subdivision or taxing<br />

authority or agency thereof or therein.<br />

Change of Control Triggering Event<br />

If a Change of Control Triggering Event occurs, subject to the terms of this subsection “—Change of Control<br />

Triggering Event,” each Holder will have the right to require the Issuer to repurchase all or any part of such Holder’s Notes at<br />

a purchase price in cash equal to 101% of the aggregate principal amount of the Notes repurchased plus accrued and unpaid<br />

interest on the Notes repurchased to the date of purchase (subject to the right of Holders of record on the relevant record date<br />

to receive interest due on the relevant interest payment date); provided, however, that the Issuer shall not be obliged to<br />

repurchase Notes as described under this subsection “—Change of Control Triggering Event” in the event and to the extent<br />

236

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