FCC Proudreed Properties 2005 HSBC SG CORPORATE ...

(vi) ‘‘repay’’, ‘‘redeem’’ and ‘‘pay’’ shall each include both of the others and ‘‘repayable’’,
‘‘repayment’’ and ‘‘repaid’’ and ‘‘redeemable’’, ‘‘redemption’’ and ‘‘redeemed’’ and ‘‘payable’’,
‘‘payment’’ and ‘‘paid’’ shall be construed accordingly;
(vii) ‘‘tax’’ or ‘‘Tax’’ means any present or future tax, levy, impost, duty, charge, fee, deduction or
withholding of any nature whatsoever (including any penalty or interest payable in connection
with any failure to pay or any delay in paying any of the same) imposed or levied at any time
by any Tax Authority, and ‘‘taxes’’, ‘‘taxation’’, ‘‘taxable’’ and comparable expressions shall be
construed accordingly;
(viii) any ‘‘Transaction Party’’ includes its successors, transferees and assignees and, in the case of
a Noteholder Representative, includes any additional or replacement representative appointed
under these Conditions; and
(ix) ‘‘VAT’’ shall be construed as a reference to value added tax or any other tax of a similar fiscal
nature imposed by the laws of any jurisdiction.
Headings and Clauses
(c) The headings in these Conditions shall not affect their interpretation. References to Clauses,
Schedules, Exhibits, paragraphs and Articles in any Transaction Document shall, unless its
context otherwise requires, be construed as references to the Clauses of, Schedules to, Exhibits
to, paragraphs, and Articles of, of such document.
Singular and Plural
(d) Unless the context otherwise requires:
(i) words denoting the singular number only include the plural number also and vice versa;
(ii) a defined term in the plural which refers to a number of different items or matters may be used
in the singular or plural to refer to any (or any set) of those items or matters, as the context
requires;
(iii) words denoting one gender only include the other genders; and
(iv) words denoting persons only include firms, corporations and other organised entities, whether
separate legal entities or otherwise, and vice versa.
Agreements and Statutes
(e) Unless the context otherwise requires, any reference in these Conditions to:
(i) the Issuer Regulations, the Paying Agency Agreement, any other Transaction Document or
any other agreement, deed or document shall be construed as a reference to the relevant
agreement, deed or document as the same may have been, or may from time to time be,
replaced, extended, amended, varied, novated, supplemented or superseded in accordance
with its terms and includes any agreement, deed or other document expressed to be
supplemental to it, as from time to time so extended, amended, varied or novated; and
(ii) any statutory provision or legislative enactment shall be deemed also to refer to any
re-enactment, modification or replacement thereof and any statutory instrument, order or
regulation made thereunder or under any such re-enactment.
Different Capacities
(f) Where any Transaction Party from time to time acts in more than one capacity hereunder, the
provisions of these Conditions shall apply to such Transaction Party as though it were a
separate party in each such capacity except insofar as they may require such party in one
capacity to give any notice or information to itself in another capacity.
2. FORM, DENOMINATION AND TITLE
Denominations
(a) The Notes will be issued in minimum denominations of u100,000 each.
220