Under the Euro Medium Term Note Programme ... - Finance - EDF
Under the Euro Medium Term Note Programme ... - Finance - EDF
Under the Euro Medium Term Note Programme ... - Finance - EDF
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
<strong>Term</strong>s and Conditions of <strong>the</strong> <strong>Note</strong>s<br />
(h)<br />
Single Masse<br />
The holders of <strong>Note</strong>s of <strong>the</strong> same Series, and <strong>the</strong> holders of <strong>Note</strong>s of any<br />
o<strong>the</strong>r Series which have been assimilated with <strong>the</strong> <strong>Note</strong>s of such first<br />
mentioned Series in accordance with Condition 14 (Fur<strong>the</strong>r Issues and<br />
Consolidation), shall, for <strong>the</strong> defence of <strong>the</strong>ir respective common interests, be<br />
grouped in a single Masse. The Representative appointed in respect of <strong>the</strong><br />
first Tranche of any Series of <strong>Note</strong>s will be <strong>the</strong> Representative of <strong>the</strong> single<br />
Masse of all such Series.<br />
For <strong>the</strong> avoidance of doubt, in this Condition 11 "outstanding" shall not include those<br />
<strong>Note</strong>s purchased by <strong>the</strong> Issuer pursuant to Article L.213-1 A of <strong>the</strong> French Code<br />
monétaire et financier that are held by it and not cancelled.<br />
12. Modifications<br />
These Conditions may be completed in relation to any Series of <strong>Note</strong>s by <strong>the</strong> terms<br />
of <strong>the</strong> relevant Final <strong>Term</strong>s in relation to such Series.<br />
13. Replacement of definitive <strong>Note</strong>s, Receipts, Coupons and Talons<br />
If, in <strong>the</strong> case of any Materialised Bearer <strong>Note</strong>s, a Definitive Materialised Bearer<br />
<strong>Note</strong>, Receipt, Coupon or Talon is lost, stolen, mutilated, defaced or destroyed, it<br />
may be replaced, subject to applicable laws, regulations and Regulated Market<br />
regulations, at <strong>the</strong> specified office of <strong>the</strong> Fiscal Agent or such o<strong>the</strong>r Paying Agent as<br />
may from time to time be designated by <strong>the</strong> Issuer for <strong>the</strong> purpose and notice of<br />
whose designation is given to <strong>Note</strong>holders, in each case on payment by <strong>the</strong> claimant<br />
of <strong>the</strong> fees and costs incurred in connection <strong>the</strong>rewith and on such terms as to<br />
evidence, security and indemnity (which may provide, inter alia, that if <strong>the</strong> allegedly<br />
lost, stolen or destroyed Definitive Materialised Bearer <strong>Note</strong>, Receipt, Coupon or<br />
Talon is subsequently presented for payment or, as <strong>the</strong> case may be, for exchange<br />
for fur<strong>the</strong>r Coupons, <strong>the</strong>re shall be paid to <strong>the</strong> Issuer on demand <strong>the</strong> amount payable<br />
by <strong>the</strong> Issuer in respect of such Definitive Materialised Bearer <strong>Note</strong>s, Receipts,<br />
Coupons or fur<strong>the</strong>r Coupons) and o<strong>the</strong>rwise as <strong>the</strong> Issuer may require. Mutilated or<br />
defaced Materialised Bearer <strong>Note</strong>s, Receipts, Coupons or Talons must be<br />
surrendered before replacements will be issued.<br />
14. Fur<strong>the</strong>r Issues and Consolidation<br />
(a)<br />
Fur<strong>the</strong>r Issues: Unless o<strong>the</strong>rwise specified in <strong>the</strong> relevant Final <strong>Term</strong>s, <strong>the</strong><br />
Issuer may from time to time without <strong>the</strong> consent of <strong>the</strong> <strong>Note</strong>holders,<br />
Receiptholders or Couponholders create and issue fur<strong>the</strong>r notes to be<br />
assimilated (assimilées) and form a single series with <strong>the</strong> <strong>Note</strong>s provided<br />
such <strong>Note</strong>s and <strong>the</strong> fur<strong>the</strong>r notes carry rights identical in all respects (or in all<br />
respects save for <strong>the</strong> principal amount <strong>the</strong>reof and <strong>the</strong> first payment of<br />
interest in <strong>the</strong> relevant Final <strong>Term</strong>s) and that <strong>the</strong> terms of such fur<strong>the</strong>r notes<br />
provide for such assimilation and references in <strong>the</strong>se Conditions to "<strong>Note</strong>s"<br />
shall be construed accordingly.<br />
-107 -