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
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Subscription and Sale<br />
The Republic of France<br />
Each Dealer has represented and agreed that:<br />
(a)<br />
Offer to <strong>the</strong> public in France:<br />
it has only made and will only make an offer of <strong>Note</strong>s to <strong>the</strong> public (offre au<br />
public de titres financiers) in France and it has distributed or caused to be<br />
distributed and will distribute or cause to be distributed to <strong>the</strong> public in<br />
France, <strong>the</strong> Base Prospectus, <strong>the</strong> relevant Final <strong>Term</strong>s or any o<strong>the</strong>r offering<br />
material relating to <strong>the</strong> <strong>Note</strong>s in <strong>the</strong> period beginning on <strong>the</strong> date of<br />
publication of <strong>the</strong> Base Prospectus in relation to those <strong>Note</strong>s which has been<br />
approved by <strong>the</strong> Autorité des Marchés Financiers ("AMF") in France or,<br />
where appropriate, when approved in ano<strong>the</strong>r Member State of <strong>the</strong> <strong>Euro</strong>pean<br />
Economic Area which has implemented <strong>the</strong> EU Prospectus Directive<br />
2003/71/EC on <strong>the</strong> date of notification to <strong>the</strong> AMF in France, and ending at<br />
<strong>the</strong> latest on <strong>the</strong> date which is 12 months after <strong>the</strong> date of approval of <strong>the</strong><br />
Base Prospectus all in accordance with articles L.412-1 and L.621-8 of <strong>the</strong><br />
French Code monétaire et financier and <strong>the</strong> Règlement général of <strong>the</strong> AMF;<br />
or<br />
(b)<br />
Private placement<br />
It has represented and agreed that it has not offered or sold and will not offer<br />
or sell, directly or indirectly, any <strong>Note</strong>s to <strong>the</strong> public in France and it has not<br />
distributed or caused to be distributed and will not distribute or cause to be<br />
distributed to <strong>the</strong> public in France, <strong>the</strong> Base Prospectus, <strong>the</strong> relevant Final<br />
<strong>Term</strong>s or any o<strong>the</strong>r offering material relating to <strong>the</strong> <strong>Note</strong>s and such offers,<br />
sales and distributions have been and will be made in France only to qualified<br />
investors (investisseurs qualifiés) and to a restricted circle of investors (cercle<br />
restreint d'investisseurs), provided that such investors are acting for <strong>the</strong>ir own<br />
account and to persons providing portfolio management financial services<br />
(personnes fournissant le service d'investissement de gestion de portefeuille<br />
pour compte de tiers), all as defined and in accordance with Articles L. 411-1,<br />
L.411-2, D.411-1 to D. 411-4, D.734-1, D.744-1, D.754-1 and D. 764-1 of <strong>the</strong><br />
French Code monétaire et financier.<br />
As specified in <strong>the</strong> relevant Final <strong>Term</strong>s, an offer of <strong>Note</strong>s to <strong>the</strong> public in France referred to<br />
in (a) above may or may not exclude specific categories of investors.<br />
If necessary, <strong>the</strong>se selling restrictions will be amended in <strong>the</strong> relevant Final <strong>Term</strong>s.<br />
Japan<br />
The <strong>Note</strong>s have not been and will not be registered under <strong>the</strong> Financial <strong>Note</strong>s and Exchange<br />
Law of Japan (Law No. 25 of 1948, as amended) (<strong>the</strong> "Financial Instruments and<br />
Exchange Law"). Accordingly, each of <strong>the</strong> Dealers has represented and agreed that it has<br />
not, directly or indirectly, offered or sold and will not, directly or indirectly, offer or sell any<br />
<strong>Note</strong>s in Japan or to, or for <strong>the</strong> benefit of, any resident of Japan or to o<strong>the</strong>rs for reoffering or<br />
resale, directly or indirectly, in Japan or to any resident of Japan except in circumstances<br />
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