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
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Subscription and Sale<br />
Section 274 of <strong>the</strong> Securities and Futures Act, Chapter 289 of Singapore (<strong>the</strong> "SFA"), (ii) to a<br />
relevant person pursuant to Section 275(1), or any person pursuant to Section 275(1A), and<br />
in accordance with <strong>the</strong> conditions specified in Section 275, of <strong>the</strong> SFA, or (iii) o<strong>the</strong>rwise<br />
pursuant to, and in accordance with <strong>the</strong> conditions of, any o<strong>the</strong>r applicable provision of <strong>the</strong><br />
SFA.<br />
Where <strong>Note</strong>s are subscribed or purchased under Section 275 of <strong>the</strong> SFA by a relevant<br />
person which is:<br />
(a)<br />
(b)<br />
a corporation (which is not an accredited investor (as defined in Section 4A of<br />
<strong>the</strong> SFA)) <strong>the</strong> sole business of which is to hold investments and <strong>the</strong> entire<br />
share capital of which is owned by one or more individuals, each of whom is<br />
an accredited investor; or<br />
a trust (where <strong>the</strong> trustee is not an accredited investor) whose sole purpose is<br />
to hold investments and each beneficiary of <strong>the</strong> trust is an individual who is<br />
an accredited investor,<br />
securities (as defined in Section 239(1) of <strong>the</strong> SFA) of that corporation or <strong>the</strong> beneficiaries’<br />
rights and interest (howsoever described) in that trust shall not be transferred within six<br />
months after that corporation or that trust has acquired <strong>the</strong> <strong>Note</strong>s pursuant to an offer made<br />
under Section 275 of <strong>the</strong> SFA except:<br />
(i)<br />
(ii)<br />
(iii)<br />
(iv)<br />
to an institutional investor or to a relevant person defined in Section<br />
275(2) of <strong>the</strong> SFA, or to any person arising from an offer referred to in<br />
Section 275(1A) or Section 276(4)(i)(B) of <strong>the</strong> SFA;<br />
where no consideration is or will be given for <strong>the</strong> transfer;<br />
where <strong>the</strong> transfer is by operation of law; or<br />
as specified in Section 276(7) of <strong>the</strong> SFA.<br />
General<br />
These selling restrictions may be modified by <strong>the</strong> agreement of <strong>the</strong> Issuer and <strong>the</strong> Dealers<br />
following a change in a relevant law, regulation or directive. Any such modification or<br />
supplement will be set out in <strong>the</strong> Final <strong>Term</strong>s issued in respect of <strong>the</strong> issue of <strong>Note</strong>s to which<br />
it relates or in a Supplement to <strong>the</strong> Base Prospectus.<br />
Save as stated herein, no action has been taken in any jurisdiction that would permit an offer<br />
to <strong>the</strong> public of any of <strong>the</strong> <strong>Note</strong>s, or possession or distribution of <strong>the</strong> Base Prospectus or any<br />
o<strong>the</strong>r offering material or any Final <strong>Term</strong>s, in any country or jurisdiction where action for that<br />
purpose is required.<br />
Each Dealer has agreed that it will, to <strong>the</strong> best of its knowledge, comply with all relevant<br />
laws, regulations and directives in each jurisdiction in which it purchases, offers, sells or<br />
delivers <strong>Note</strong>s or has in its possession or distributes <strong>the</strong> Base Prospectus, any o<strong>the</strong>r offering<br />
material or any Final <strong>Term</strong>s and nei<strong>the</strong>r any of <strong>the</strong> Issuer nor any o<strong>the</strong>r Dealer shall have<br />
responsibility <strong>the</strong>refor.<br />
-171 -