Under the Euro Medium Term Note Programme ... - Finance - EDF

Terms and Conditions of the Notes
(iii)
(iv)
(a) any Indebtedness (as defined in Condition 4 (Negative Pledge)) of the
Issuer (being Indebtedness having an outstanding aggregate principal
amount in excess of €100,000,000 or its equivalent in any other currency) is
not paid within 30 days after its stated maturity or earlier redemption date, as
the case may be, or within any longer applicable grace period, as the case
may be, (b) any Indebtedness of the Issuer (being Indebtedness having an
outstanding aggregate principal amount in excess of €100,000,000 or its
equivalent in any other currency) becomes due and payable prior to its
stated maturity as a result of a default thereunder which is not remedied
within the relevant grace period or (c) the Issuer fails to pay when due any
amount payable by it under any guarantee of Indebtedness (being
Indebtedness having an outstanding aggregate principal amount in excess of
€100,000,000 or its equivalent in any other currency) unless, in each case,
the Issuer is contesting in good faith its obligations to make payment or
repayment of any such amount; or
the Issuer enters into a conciliation (procédure de conciliation in accordance
with Articles L. 611-4 to L. 611-15 of the French Code de commerce) with
creditors, or a judgment is issued for judicial liquidation (liquidation judiciaire)
or for a transfer of the whole of its business (cession totale de l'entreprise à
la suite d'un plan de cession) pursuant to a judicial reorganisation
(redressement judiciaire), or the Issuer is subject to equivalent legal
proceedings, or in the absence of legal proceedings the Issuer makes a
voluntary conveyance, assignment or other arrangement for the benefit of its
creditors or enters into a composition with its creditors or the Issuer is
voluntarily wound up or dissolved (dissolution or liquidation amiable).
10. Prescription
Claims against the Issuer for payment in respect of the Notes, Receipts and Coupons
(which for this purpose shall not include Talons) shall be prescribed and become void
unless made within five years (in the case of both principal and interest) from the
appropriate Relevant Date in respect of them.
11. Representation of Noteholders
Except as otherwise provided by the relevant Final Terms, Noteholders will, in
respect of all Tranches in any Series, be grouped automatically for the defence of
their common interests in a masse (in each case, the "Masse").
The Masse will be governed by the provisions of the French Code de commerce and,
in the case only of Notes which are issued outside the Republic of France, with the
exception of Articles L.228-48, L.228-59, the second sentence of Articles L.228-65 II,
R.228-63, R.228-67 and R.228-69, subject to the following provisions:
(a)
Legal Personality
The Masse will be a separate legal entity and will act in part through a
representative (the "Representative") and in part through a general meeting
of the Noteholders (the "General Meeting").
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