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

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Summary<br />

Currencies<br />

Status<br />

Negative Pledge<br />

Events of Default<br />

(including cross<br />

default)<br />

Issue Price<br />

Maturities<br />

Redemption<br />

Optional Redemption<br />

Early Redemption<br />

Interest<br />

Interest Periods and<br />

Interest Rates<br />

<strong>Note</strong>s may be denominated in any currency or currencies, subject to<br />

compliance with all applicable legal and/or regulatory and/or central<br />

bank requirements. Payments in respect of <strong>Note</strong>s may, subject to<br />

compliance as aforesaid, be made in and/or linked to, any currency<br />

or currencies o<strong>the</strong>r than <strong>the</strong> currency in which such <strong>Note</strong>s are<br />

denominated and based on rates of exchange for such o<strong>the</strong>r<br />

currency/ies.<br />

<strong>Note</strong>s and, where applicable, any related Coupons and Receipts,<br />

will constitute direct, unconditional, unsubordinated and (subject to<br />

<strong>the</strong> provisions of Negative Pledge below) unsecured obligations of<br />

<strong>the</strong> Issuer and rank and will rank pari passu without any preference<br />

among <strong>the</strong>mselves and (subject to such exceptions as are from time<br />

to time mandatory under French law) equally and rateably with all<br />

o<strong>the</strong>r present or future unsecured and unsubordinated obligations of<br />

<strong>the</strong> Issuer.<br />

There will be a negative pledge.<br />

There will be events of default and a cross-default.<br />

<strong>Note</strong>s may be issued at any price and ei<strong>the</strong>r on a fully or partly paid<br />

basis, as specified in <strong>the</strong> relevant Final <strong>Term</strong>s.<br />

Any maturity subject, in relation to specific currencies, to compliance<br />

with all applicable legal and/or regulatory and/or central bank<br />

requirements.<br />

<strong>Note</strong>s may be redeemable in whole or in part (detailed in a formula<br />

or o<strong>the</strong>rwise), at maturity or in instalments, as may be specified in<br />

<strong>the</strong> relevant Final <strong>Term</strong>s.<br />

The Final <strong>Term</strong>s issued in respect of an issue of <strong>Note</strong>s will state<br />

whe<strong>the</strong>r such <strong>Note</strong>s may be redeemed prior to <strong>the</strong>ir stated maturity<br />

at <strong>the</strong> option of <strong>the</strong> Issuer (ei<strong>the</strong>r in whole or in part) and/or <strong>the</strong><br />

holders and, if so, <strong>the</strong> terms applicable to such optional redemption.<br />

Except as provided in <strong>the</strong> <strong>Term</strong>s and Conditions of <strong>the</strong> <strong>Note</strong>s, <strong>Note</strong>s<br />

will be redeemable at <strong>the</strong> option of <strong>the</strong> Issuer prior to maturity only<br />

for tax reasons.<br />

<strong>Note</strong>s may be interest-bearing or non-interest bearing. Interest<br />

(if any) may accrue at a fixed or floating rate or be linked to an index<br />

or formula, and may vary during <strong>the</strong> lifetime of <strong>the</strong> relevant Series.<br />

The length of <strong>the</strong> interest periods for <strong>the</strong> <strong>Note</strong>s and <strong>the</strong> applicable<br />

interest rate or its method of calculation may differ from time to time<br />

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